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Xali Gold Corp V.XGC

Alternate Symbol(s):  CGDXF

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

Comment by eartothegroundon Oct 19, 2024 4:25pm
56 Views
Post# 36273308

RE:RE:RE:drill results for tailings project

RE:RE:RE:drill results for tailings project

Joanne Freeze has been holding on to El Oro Mexico because she knows what's there, millions of ounces of gold and silver. She is about to finally get in there in 3-6 months. In the meantime she's lined up several sources of revenue from NSR agreements and is about to do a low cost trenching of the Majo project in Peru.

There are other options on the table that could be game changing for Xali.

Gold is at new highs over $2700/oz

It takes time to line up all the pieces but XGC will jolt upward quickly.

GLTA :)

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