Xali Gold Corp CGDXF

New discoveries

[bonsai2]

In the news release it states xali has the rights for discoveries below 2400 meters ("m").
Should that not be 240 meters ("m"). On their website it says that El Oro was only mines 200 meters vertically!!! which makes sense for an old mine..
Below 2400meters would be a deep mine of which only few exist..
Could someone clairify that for me? Please..

[gmcmachine]

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

[bonsai2]

Ok, that makes more sense the way you explained it.The municipal of El Oro is about 2740m above sea level . So discoveries below 2400m mean a depth of about 340m from surface.. Sounds more realistic. Thank's for the clarification :) i'll keep my mouth closed for a while.. Go xali, go!