Xali Gold ( XGC:TSX-V ) Leveraging Mexican Gold Assets To Develop Cash Flow for Flagship Property

AGORACOM Small Cap CEO Interviews - Een podcast door AGORACOM

Categorieën:

Xali Gold has assembled a Western Mexico project portfolio of gold  assets and have developed a strategy for organic growth to exploit its  Flagship Gold Project El Oro, a prolific high-grade gold-silver  epithermal vein system, where approximately 6.4 million ounces of gold  and 74 million ounces of silver were reported to have been produced from  just two of these veins. In order to develop El Oro, Xali has acquired gold and silver  projects with near surface exploration potential & near-term  production potential to fund its development organically El Dorado Gold-Silver Project: Rights to the El Dorado gold and silver historic mines was the  initial step in this strategy, providing Xali the right to explore and  produce gold, silver and other metals for life of mine. Cocula Gold Project: profit-sharing agreement Near term, low cost production potential by leaching and/or flotation Retain 70% of profits Recent drill targets Identified Acquisition of the “SDA” Plant: The SDA Mill is a fully operational flotation plant which also  includes a precious metals leach circuit - Merrill Crowe system and  associated assets, licenses and agreements, suitable for treating high  grade gold and silver mineralization These assets are being positioned to create cash flow to develop  Flagship El Oro Gold District where the primary focus is the past  producing San Rafael Vein; 2.4km strike of high-grade Epithermal veins.  The project covers 20 veins with past production and more than 57 veins  in total Xali has identified 31 exploration targets Flooding in one section of the San Rafael vein in 1929 resulted in  the other two sections flooding and work ceasing abruptly and  unexpectedly. El Oro was not mined out. The financial benefits from Western Mexico operations will  translate across platforms to strengthen the company’s efforts to  explore and potentially mine areas demonstrated to contain  mineralization of value

Visit the podcast's native language site