Xali Gold Corp V.XGC

XALI GOLD IS IN THE RIGHT PLACES AT THE RIGHT TIME!!

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XALI GOLD IS IN THE RIGHT PLACES AT THE RIGHT TIME
 
At the beginning of 2022, gold was trading at $1800 per ounce and Xali Gold was trading in a range of 12-14 cents with a high of 20 cents.
 
Gold is now $2600 per ounce and Xali gold is only trading at 5 cents, what happened?
 
Back in 2022, Xali Gold was focused on getting back to El Oro Mexico to drill the stacked vein system that is very similar to the hugely successful Juanicipio joint venture with MAG Silver and Fresnillo.  Xali’s goal was to enter into various partnerships that would create cashflow designed to help fund drilling at El Oro.  The company was primed for lift off as the prize of drilling El Oro was about to happen. Unfortunately, those partnerships did not work out as planned and the stock fell back.
 
Fast forward to today…
 
Xali Gold has secured new reliable partnerships and is back on track to not only explore but to also drill the stacked vein system at El Oro!!
 
Xali Gold has teamed up with Kappes, Cassiday & Associates (KCA) and Starcore International Mines Ltd to process the El Oro tailings project in Mexico.  A 20-hole sonic drill program has been completed with results to be published soon. KCA has the right to process and sell all gold and silver recovered from the tailings in return for a gross royalty of 3 per cent to 4 per cent to Xali Gold.
 
https://xaligold.com/news-releases/xali-gold-advises-that-starcore-has-joined-the-team-to-develop-the-el-oro-tailings-project-in-mexico/
 
Xali Gold Corp. has also signed a legally binding letter of intent with Rio Verde Resources on portions of five mining concessions within the El Oro mining district. Rio Verde has been granted the exclusive right to explore and extract gold, silver and any other economic minerals that may be found above the 2,400-metre level in the historic workings covered by the El Oro 5 concessions in exchange for payment of a 3-per-cent net smelter return (NSR) to Xali Gold.

It is important to note, Xali Gold retains all rights to El Oro below 2400m which is exactly where the stacked vein system sits, and drilling targets have already been mapped.

As of today, Rio Verde is currently on-site and underground at El Oro fast tracking the gold and silver recovery process; being underground gives Xali Gold access to drill the stacked system at El Oro in the very near future.
 
https://xaligold.com/news-releases/xali-gold-enters-agreement-for-mining-in-historic-underground-workings-exploration-and-reducing-debt-at-el-oro-mexico/
 
Xali Gold Advances on Two Fronts at El Oro

1. El Oro Underground Project
2. El Oro Tailings Project

Full news release below:

https://xaligold.com/news-releases/xali-gold-advances-on-two-fronts-at-el-oro/

 
Xali Gold has also resumed exploration in Peru and has recently signed an MOU to option the Majo project.  Majo is on the same trend as Yanacocha, Alto Chicama, Pierina, Poracota, Arasi and Aruntani deposits.  Gold is visible on surface and low cost bulk testing is to begin soon.
 
https://xaligold.com/news-releases/xali-gold-options-high-sulphidation-gold-project-in-central-peru/
 

Xali Gold also signed an agreement with Barrick Gold in 2023 to option their Tres Marias Property which is located within an emerging epithermal gold, silver and polymetallic belt in southern Peru.  Several discoveries by Barrick, Minas Buenaventura, Gold Fields, Aruntani and Bear Creek have occurred within the area which is considered one of the fastest growing precious metal mining districts in the country.
 
https://xaligold.com/news-releases/xali-gold-signs-agreement-with-barrick-in-peru/
 

It is apparent that Xali Gold has set the stage for a major stock re-rating, and it wouldn’t be surprising to see new discoveries made in an era where gold is now $2600/oz!!

 
The time is right, and the time is now!!

 
Great interview below with Joanne Freeze at the 2024 Precious Metals Summit at the Beaver Creek Resort.

Xali Gold (TSXV:XGC) - Leveraging Historic Assets and New Discoveries for Growth in Mexico and Peru

https://www.youtube.com/watch?v=rAvg4XV4F44&t=2s