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Bullboard - Stock Discussion Forum 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... see more

TSXV:XGC - Post Discussion

Xali Gold Corp > News release
View:
Post by bonsai2 on Jul 13, 2023 1:05pm

News release

Xali has published a news release for their projects in Mexico. The SDA plant will not be operated by MCR.. that's a pitty because it was expected to generate income over the next months. However the El oro tailings is advancing well and Sun River hast the permits to start work there. So it's mixed news regarding the SDA plant. But at least xali can find a new partner for the plant and start a new effort there. we'll see..
Comment by Kalidog on Jul 13, 2023 6:13pm
I would say it's good news all around. They recognized MCR could not meet the timelines and they want to get things rolling. (Only imo) I am sure they will announce another partner soon with the interest they have. I am however extremely happy to see the permits completed for the tailings. This will be a definite boost sooner rather than later. 
Xali Gold Corp