Xali Gold Corp. is pleased to advise that the Company has recently identified new gold-silver drill targets within the 100% held El Oro - Tlapujahua District in Mexico. These drill targets have recently been identified in a 3D Leapfrog model and are designed to test potential extensions to the mineralized veins where they are intersected by cross-cutting mineralized structures. These structures have been identified from [...]
Xali Gold Corp. is pleased to announce that recent data compilation on the Victoria Property in Central Newfoundland has identified the presence of gold-bearing quartz veins. These veins were found near where two heavy mineral concentrate samples with high grades of gold were collected . The gold-bearing quartz veins occur within altered granitoid-type rocks. Bedrock samples of the quartz veins contain 0.441 and 0.109 [...]
Xali Gold Corp. is pleased to announce that the Company has entered into an option agreement to acquire 100% interest in the Victoria Property in the Central Region of Newfoundland and Labrador, named as one of the top 10 mining jurisdictions in the world . "While we are still very committed to and enthusiastic about our gold projects in Mexico, we couldn't pass up the opportunity to acquire such an exciting gold [...]
Xali Gold Corp. is pleased to advise that the Company has identified drill targets to potentially extend known mineralization on the Cocula Gold Project in Western Mexico. These drill targets have recently been identified in a 3D Leapfrog model and are designed to test potential extensions to the mineralized zone previously defined by Timmins Gold Corp. as well as the more recently discovered high grade occurrences by [...]
Xali Gold Corp. is pleased to advise that the company has signed a new Exploration and Production Agreement with Ingenieros Mineros, S.A. de C.V. on the El Dorado Gold-Silver Project, located in Nayarit State, Mexico. The EPA gives Xali Gold the right to explore and produce gold, silver and other metals for life of mine. Under the EPA, Xali Gold has the obligation to pay IMSA the following : $30,000 per year until the [...]
Xali Gold Corp. is pleased to advise that permit applications have been submitted for the Mexico Mines Tailings Project in El Oro, Mexico. The permits are to allow both the transportation and re-processing of the Mexico Mine tailings at a new plant site located just 5 kilometers from the current location. Sun River Gold "SRG" and their Mexican subsidiary, Remediacion Rio Sol "RRS", will be conducting all of the work on [...]
Xali Gold Corp. is pleased to advise that new drill targets have been delineated on the El Dorado Gold-Silver Project, located in Nayarit State, Mexico through the development of a new 3D geological model. The new model indicates high grade mineralization occurring in multiple parallel veins such that future mining could focus on several veins at once to potentially allow reduced mining costs. Drilling is planned to test [...]
Candente Gold Corp. is pleased to announce that the Company will change its name to Xali Gold Corp. on Tuesday January 19th, 2021. The new trading symbol will be XGC, CUSIP number will be 98387F103 and ISIN will be CA98387F1036. The website will also be changed to www.xaligold.com. In addition, the Company advises that a total of 3,200,000 incentive stock options have been granted to directors, senior officers, employees [...]
Candente Gold Corp. is pleased to announce that technical experts have been engaged for permitting and deposit modelling for the El Dorado and Cocula projects and for permitting for the San Dieguito de Arriba plant. Claudia Santos of Consultor?a Ambiental VUGALIT S.C. will be handling permitting with Barney Lee, of Mingeo International S.A. de C.V. Yenlai Chee, of Mountain Goat Consulting, is developing three dimensional [...]
Candente Gold Corp. is pleased to report that it has closed the non-brokered Private Placement previously announced of 4,000,000 common shares at a price of $0.05 per Share, raising a total of $200,000. The Company also advises the decision of a name change to Xali Gold Corp. Xali is known as a spiritual being that is a creative genius, stands up for its beliefs, is passionate and persistent in achieving its goals. Xali [...]
Candente Gold Corp. is pleased to advise that the previously announced non-brokered private placement of 4,000,000 common shares at a price of $0.05 per Share for a total of $200,000 has been fully subscribed. Joanne Freeze, President and CEO, a control person of Candente Gold Corp., has subscribed for 53.75% of the Private Placement. In addition to Ms. Freeze there are three other subscribers. Closing of the Private [...]
Candente Gold Corp. is pleased to announce that a it intends to complete a non-brokered private placement of up to 4,000,000 common shares at a price of $0.05 per Share for gross proceeds to the Company of up to $200,000. Joanne Freeze, President and CEO, a control person of Candente Gold Corp., will subscribe for a minimum of 50% of the Private Placement. In connection with the Private Placement, Ms. Freeze plans to [...]