Xali Gold Corp. is pleased to provide an update on both the El Oro Tailings Project and the San Dieguito de Arriba Plant in Western Mexico. El Oro Tailings Project As per the Xali Gold News Release dated May 4, 2023, Sun River Gold Corp received notice of approval for a change in soil use permit which is the main permit required for the El Oro Tailings Project in Mexico. To complete the permitting process, Sun River then [...]
Xali Gold Corp. is pleased to advise that Minera Cinco Reales S.A. de C.V. have commenced work on the San Dieguito de Arriba Plant in Nayarit, Western Mexico. MCR is planning to carry out their first bulk sample test of approximately 300 to 400 tons by the end of May 2023. The first step was to get the Federal Electricity Commission to upgrade the power at the SDA Plant, which has now been completed. Fabrication of [...]
Xali Gold Corp. is pleased to announce that Sun River Gold Corp has received a change in soil use permit which is the main permit required for the El Oro Tailings Project in Mexico. The permit received allows the Tailings to be moved out of the historical deposition site which is within the town of El Oro and to the industrial processing site outside of the town. "We are very excited that Sun River now has the most [...]
Xali Gold Corp. is pleased to announce that it has signed a Binding Letter of Intent with Minera Cinco Reales S.A. de C.V. on the San Dieguito de Arriba Plant in Nayarit, Western Mexico. "We are very excited to be partnering with a local Mexican mining group who will not only provide both the investment and expertise to make the SDA Plant fully operational but also provide the initial gold and silver bearing [...]
Xali Gold Corp. is pleased to announce that it has extended the Production Earn-In Option Agreement with Sun River Gold Corp on the Tailings Project in El Oro, Mexico in exchange for additional advanced Net Profits Interest payments. "While Sun River has been diligently advancing the Tailings Project and have purchased the land required for the reprocessing operation there have been further delays to the granting of [...]
Xali Gold Corp. is pleased to announce that it has increased its ownership in the SDA Plant in Western Mexico to 50% by issuing shares to Magellan Acquisition Corp. . In addition, the Company has started to receive advance Net Profits Interest payments from Sun River Gold for the El Oro Tailings Project in Mexico. San Dieguito de Arriba Plant Xali Gold has increased its interest in the SDA plant from 30% to 50% by issuing [...]
Xali Gold Corp. is pleased to announce that George Elliott has joined the Board of Directors of the Company. George Elliott, BA, LL.B. has over 40 years of experience in legal affairs and corporate finance throughout a variety of industries. As an advisor to the AuRico Gold Board of Directors, Mr. Elliott was instrumental in the reorganization of Gammon Gold through the name change to AuRico. Prior to 2000, Mr. Elliott [...]
Xali Gold Corp. is pleased to provide several updates as follows. El Oro Tailings The Company is pleased to report it has been advised by Sun River Gold , Optionee of the tailings project from Xali Gold, that it expects to receive their permit for tailings removal from the town site within 30 days. SRG is also working on a permit to install and operate a reprocessing plant outside of the town of El Oro. In the meantime [...]
Xali Gold Corp. is pleased to announce an update to News Release 82 dated July 29, 2020, where Xali Gold launched a "CEO Verified" Discussion Forum on AGORACOM. Xali Gold is maintaining its relationship with AGORACOM and the forum continues to serve as the Company's primary social media platform to interact with both shareholders and the broader investment community in a fully moderated environment. The Company would also [...]
Xali Gold Corp. is pleased to announce that its Mexican subsidiary, Minera CCM El Oro Jales and the Municipality of El Oro have agreed to renew both the Tailings Agreement and the Tourism Agreement . The terms of the Agreements have no substantial changes but do include the obligation to employ persons from El Oro on a preferential basis. Renewing the Tailings Agreement is the final item required for Sun River Gold Corp [...]
Xali Gold Corp. is pleased to announce that based on three-dimensional modelling and surface area review, it has finalized locations for drill pads for the 100% held El Oro gold-silver Project in Mexico. New drill targets have been identified by using a 3D Leapfrog model and drillholes have been designed to test potential extensions to high-grade gold and silver zones intersected by previous drilling. Based on surface [...]
The Power Play by The Market Herald has announced the release of new interviews with Xali Gold, Falcon Gold, Psyched Wellness, Argentina Lithium, and Algernon Pharmaceuticals discussing their latest press releases. The Power Play by The Market Herald provides investors with a quick snapshot of what they need to know about the company's latest press release through exclusive insights and interviews with company executives [...]
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