Xali Gold Corp. is pleased to announce that it has started a new drilling permit application process for the 100% held El Oro gold-silver Project in Mexico. New drill targets have been identified by using a three-dimensional Leapfrog model and are designed to test potential extensions to high-grade gold and silver zones intersected by previous drilling. Some of the higher grades were found in several veins with overlying [...]
Xali Gold Corp. is pleased to announce that it has extended the Earn-In Option Agreement with Sun River Gold Corp on the Tailings Project in El Oro, Mexico in exchange for advanced Net Profits Interest payments. Xali Gold has granted Sun River an initial 6-month extension from October 31, 2021 to April 31, 2022 for advanced NPI payments totaling US$17,400 and an additional eight months for additional payments. "Sun River [...]
Xali Gold Corp. is pleased to announce that it has completed the second tranche of its previously announced non-brokered private placement , as described in its news releases dated October 19, 2021 and November 13, 2021, pursuant to which it has issued 3,383,333 units at a price of $0.06 per Unit for aggregate gross proceeds of $203,000. The Company has raised total aggregate proceeds of $422,900 and issued a total of [...]
Xali Gold Corp. is pleased to announce that the Company has agreed to terms for a Services Contract with Windfall Geotek Inc. for them to use their digital exploration technology tools to assist Xali Gold in delineating potential drill targets on the Victoria Property in Newfoundland. Windfall Geotek's Artificial Intelligence targeting technology analyzes all geological data to generate the highest probability targets and [...]
The Power Play by The Market Herald has announced the release of new interviews with Xali Gold and Argentina Lithium 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. Xali Gold reports that El Oro tailings reprocessing will [...]
Xali Gold Corp. is pleased to announce that it has completed a first tranche of its previously announced non-brokered private placement , issuing 3,665,000 units at a price of $0.06 per Unit raising $219,900. Each Unit consisted of one common share of the Company and one-half share purchase warrant . Each Warrant will be exercisable for one additional share of the Company's common stock for two years at a conversion price [...]
Xali Gold Corp. is pleased to announce that it intends to carry out a non-brokered private placement to raise gross proceeds of approximately Cdn$500,000. Approximately $250,000 of the gross proceeds of the Private Placement will be used to further our permitting and targeting for drilling programs on our gold-silver projects and approximately $250,000 will be used for working capital and general corporate purposes. The [...]
Xali Gold Corp. is pleased to announce that further to Sun River Gold advising the Company that it has arranged financing of approximately US$6.5M , they also expect to have the Tailings Reprocessing Facility operational in Q2 2022 at El Oro, Mexico. Permitting is also progressing well and final permits are expected to be received within approximately one month. Sun River has also advised that most of the equipment [...]
Xali Gold Corp. is pleased to announce that Sun River Gold has arranged financing of approximately US$6.5M to build and put into operation the planned tailings reprocessing operation. Permitting is also progressing well and final permits are expected to be received within approximately one month. Sun River has also advised that most of the equipment required for the reprocessing operation has been lined up and Sun River [...]
Xali Gold Corp. is pleased to announce that the initial exploration program on the Victoria Property located in Central Newfoundland has been successfully completed. The program consisted of prospecting areas which surround locations where gold-bearing quartz veins hosted by altered granitoid-type rocks were previously documented and four heavy mineral concentrate samples taken at that time, contained high grades of gold [...]
Xali Gold Corp. is pleased to announce that exploration is planned to commence next week on the Victoria Property located in Central Newfoundland. Exploration will commence with an initial prospecting trip to the area where gold-bearing quartz veins hosted by altered granitoid-type rocks were previously discovered and high grades of gold were found in two heavy mineral concentrate samples. Prospecting will also be [...]
Xali Gold Corp. is pleased to advise that exploration permit applications have been submitted for the El Dorado Gold-Silver Project, located in Nayarit State, Mexico. Based on the new 3D model, which identified high-grade mineralization occurring in multiple parallel veins at a spacing close enough to potentially access several veins through common development workings, a drill program with a minimum of 2000 meters is [...]