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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]