Xali Gold is focused on the acquisition of Pico Machay, an advanced-stage gold project in South America with a near-term production goal. Previous owner, Aquiline Resources Inc. made a production decision targeting an open-pit heap-leach operation, expected to be low-cost in 2009, using a gold price of $700/oz.

In Mexico, Xali Gold maintains exploration potential as well as two royalty agreements with third parties who have rights to produce gold and silver from specific areas of the El Oro gold-silver Project in Mexico, a historic district-scale system with a long history of significant gold and silver production.

Xali Gold Corp. (TSXV: XGC) Acquires Pico Machay Project – Strong Growth Potential in Peru

October 29, 2025
 

Inside The Boardroom: Xali Gold Enters Agreement for Underground Mining > at El Oro Mexico (youtube.com)

July 25, 2024
 

Xali Gold CEO Interview - Inside The Boardroom - CEO.CA

May 22, 2024