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  • Xali Gold (XGC) has started a new drilling permit application process for the El Oro gold-silver Project in Mexico
  • Over 8 million ounces of gold equivalent has been produced historically from only 2 of more than 50 known veins at El Oro
  • Joanne Freeze, Xali’s President and CEO, spoke with Caroline Egan to discuss the news
  • Xali Gold acquires gold and silver projects with near-surface exploration potential, near-term production potential and previous mining histories
  • Xali Gold (XGC) opened trading at C$0.095 per share

Xali Gold (XGC) has started a new drilling permit application process for the El Oro gold-silver Project in Mexico.

New drill targets have been identified using a three-dimensional Leapfrog model and are designed to test potential extensions to high-grade gold and silver zones intersected by previous drilling.

Joanne Freeze, President and CEO of Xali Gold sat down with Caroline Egan to discuss the news.

“Our recent acquisitions in Western Mexico give us great near surface exploration and near-term production opportunities but El Oro remains our flagship project and we are really looking forward to getting back to drilling there. The El Oro district, which we hold 100 per cent of, is a well-known historic mining district with over 8 million ounces of gold equivalent produced historically from only 2 of more than 50 known veins.”

Xali Gold acquires gold and silver projects with near-surface exploration potential, near-term production potential and previous mining histories.

Xali Gold (XGC) opened trading at C$0.095 per share.

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