Xali Gold Corp CGDXF

Primary Symbol: V.XGC

Metals & Mining Gold

Xali Gold Corp. is a Canada-based mineral exploration company that has gold and silver projects in Peru and Mexico. It operates in three geographical areas: Peru, Mexico and Canada. Its Mexican Properties include El Oro Hard Rock, El Oro Tailings and Western Mexico. Its Peruvian Properties include Tres Marias. Its flagship asset, El Oro Project, is a gold project encompassing the gold-silver epithermal vein system in Mexico. The El Oro project covers 20 veins with past production and more than 57 veins in total, which consists of approximately 6.4 million ounces of gold and 74 million ounces of silver. The El Dorado Property is in the Pacific Coastal Plain, State of Nayarit, approximately 50 kilometers (km) south of the San Dieguito de Arriba (SDA) Plant. SDA is located in Nayarit, Western Mexico and consists of a flotation plant which also includes a precious metals leach circuit. Tres Marias is located within an emerging epithermal gold, silver and polymetallic belt of southern Peru.

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Xali Gold Corp > New discoveries

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Comment by gmcmachineon Aug 28, 2024 11:07am

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Post# 36199401

RE:New discoveries

From my understanding of the geology and maps presented by Xali, when looking at the project from the surface, 2400m elevation is only about 500m down from the top (surface). The first 500m already contains various mine workings and shafts which will be used to drill from.

This is indeed what shareholders have been waiting for, drill and extract the El Oro gold and silver!

The exploration upside is tremendous, as Xali is not hoping to discover gold and silver, they already know they have it!

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