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