Xali Gold Corp. is pleased to announce that the drilling program for metallurgical test work on the Mexican Mine Tailings in El Oro, Mexico has been completed and samples are being prepared for shipping to the Kappes, Cassiday & Associates lab in Reno, Nevada for the metallurgical test work. To ensure that the drilling program evaluated the entire extent of the tailings, the program was expanded from the initially planned [...]
Xali Gold Corp. is pleased to announce that a 20 hole sonic drill program has commenced on the Mexican Mine Tailings Reprocessing Project at El Oro in Mexico . Drilling is being carried out by Major Drilling Group International for the purpose of taking a representative sample, which will be used in metallurgical test work to confirm the process flowsheet. As per Xali Gold News Releases dated April 15, 2024 and May 16 [...]
Xali Gold Corp. is pleased to announce that Kappes, Cassiday & Associates has advised us they have teamed up with Starcore International Mines Ltd. to put into production our environmental rehabilitation project to clean up mine tailings from our Mexican Mine Tailings Reprocessing Project at El Oro in Mexico . Starcore and KCA have entered into a joint venture, with KCA contributing its expertise and services for the [...]
Xali Gold Corp. is pleased to provide an update on the Company's activities in Mexico and Peru. In Mexico, the focus is partnerships with third parties to deliver near-term cash flows and in Peru the focus is returning to exploration. Currently, the Company has excellent progress on four fronts. "While we continue actively progressing near-term cash flow opportunities from our Mexican assets, we are also very excited to [...]
Xali Gold Corp. is pleased to announce that it has granted a temporary modification to the deal terms with Mexican company, Grupo Minero WIYA regarding the San Dieguito de Arriba Plant in Nayarit, Western Mexico. While the original Rent to Purchase Agreement as per the Xali Gold News Release dated December 18, 2023 remains in place, WIYA and the Company have agreed to a three month modification of terms so that WIYA has [...]
Xali Gold Corp. is pleased to announce that the Company has signed a Letter of Intent to enter a Purchase Agreement with Kappes, Cassiday & Associates on the Mexican Mine Tailings Reprocessing Project at El Oro in Mexico. The Letter of Intent is a legally binding agreement. "We are excited to be able to move ahead with our El Oro Tailings Project," says Joanne Freeze, President and CEO of Xali Gold. "With KCA's experience [...]
Xali Gold Corp. is pleased to advise that Mexican company, Grupo Minero WIYA has made the required repairs to get the San Dieguito de Arriba Plant in Nayarit, Western Mexico operational and are conducting bulk sample testing at the SDA Plant. "We are excited to have the SDA Plant up and running again," says Joanne Freeze, President and CEO of Xali Gold. "WIYA has quickly managed to start the bulk sample program and while [...]
Xali Gold Corp. is pleased to advise that it has entered into a Rent to Purchase Agreement with a Mexican company, Grupo Minero WIYA to operate the San Dieguito de Arriba Plant in Nayarit, Western Mexico. The first payment of US$150,000 was received in full on December 14, 2023. As per the Xali Gold News Release dated July 13, 2023, the Company has been in negotiations with several local parties regarding operating the [...]
Xali Gold Corp. is pleased to advise that it has signed an Option Agreement with Barrick Gold Corp. on the Tres Marias Property located in southern Peru. As per the Agreement, Barrick must pay Xali Gold US$175,000 over a 5-year period and spend $500,000 in exploration work to earn 100% of the Property subject to Xali Gold retaining a 1.5% Net Smelter Return Royalty. Barrick retains the right to purchase 1% of the NSR [...]
Xali Gold Corp. is pleased to advise that the previously announced agreement to buy back a 1.5% Net Smelter Return royalty over the Casua Property from Minera Silex Peru S.R.L., held by Golden Minerals Company , has now been completed and duly registered in Peru. The Company holds a 100% interest in the Casua Property located in southern Peru. The Property covers a silver rich low sulphidation vein system. Three veins [...]
Xali Gold Corp. is pleased to advise that it has agreed to buy back a 1.5% Net Smelter Return royalty currently granted over the Casua Property from Minera Silex Peru S.R.L., whose parent company is Golden Minerals Company . The Company holds a 100% interest in the Casua Property, province and department of Puno, southern Peru. The Casua Property, held 100% by Xali Gold, covers a silver rich low sulphidation vein system [...]
Xali Gold Corp. is pleased to advise that it has decided to review exploration opportunities in South America including Peru and provides an update on Mexican assets. "Our assets in Mexico are very attractive such that we expect to be able to generate cash flow in the near future, which would allow us to continue working on other opportunities without incurring equity dilution," says Joanne Freeze, President and CEO of [...]
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