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Xali Gold Corp CGDXF


Primary Symbol: V.XGC

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.


TSXV:XGC - Post by User

Post by gmcmachineon Sep 12, 2024 10:58am
129 Views
Post# 36220304

XALI GOLD - Explorer On The Radar Screen

XALI GOLD - Explorer On The Radar Screen

Great publication on Xali Gold by Rocks And Stocks News!!

With gold making new highs, this gold and silver explorer could be a rocket for investors!


Explorer On The Radar Screen
 
Xali Gold
 
Xali Gold’s CEO, Joanne Freeze, was the QP geologist for Arequipa who made a massive gold discovery during the 1990s in Peru. Recently, they announced a deal to acquire a project in Peru along the geological trend where Arequipa made their Pierina gold discovery. I’m a big fan of Peru due to the incredible geology and most recently because the government is opening their arms to mining. For several years, they had politicians that were against mining, but they have totally switched that into being mining-friendly similar to what President Milei of Argentina is doing. Joanne Freeze is a very talented geologist who has spent most of her career in Peru, she knows the geology inside out in the country. I was impressed to see the addition of the project in Peru that is a great compliment to their project in Mexico. Their El Oro project in Mexico is a tremendous exploration project. It had historical mining of over 5 million ounces of high-grade gold from two epithermal veins in a cluster of epithermal veins. Yet, is still underexplored. High-grade gold epithermal veins systems are rare but can be spectacular such as Hishikari in Japan. I’m looking forward to drilling at their Peru project followed by drilling in Mexico.
 
Allan Barry Laboucan
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