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Xali Gold Advances on Two Fronts at El Oro

Xali Gold Advances on Two Fronts at El Oro

Xali黃金在El Oro取得了雙重進展
GlobeNewswire ·  08/28 19:00

VANCOUVER, British Columbia, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) ("Xali Gold" or "the Company") is pleased to advise that it now has two active projects in the El Oro Mining District, State of Mexico, Mexico.

溫哥華,英屬哥倫比亞省,2024年8月28日(全球新聞通訊社) - Xali Gold Corp.(TSXV:XGC)(「Xali Gold」或「該公司」)很高興地宣佈,公司在墨西哥墨西哥州El Oro礦區現在已經有兩個活動項目。

"We're excited to be making progress on two fronts at El Oro and planning further exploration here," states Joanne Freeze, President and CEO of Xali Gold. "In today's productive meetings with our partners and government officials in El Oro, it became clear that our efforts could bring significant benefits to the local community as well as to our investors. Our strategy to develop potential revenue streams through local Mexican partnerships while resuming exploration in both Mexico and Peru is progressing very well."

「我們對El Oro的兩個前沿進展感到興奮,並計劃在這裏進行進一步的探索,」Xali Gold的總裁兼首席執行官Joanne Freeze表示。「在今天與我們在El Oro的合作伙伴和政府官員的有效會議中,我們清楚地認識到我們的努力可以爲當地社區和投資者帶來顯著的利益。我們通過與墨西哥當地的合作伙伴發展潛在的收入來源,同時在墨西哥和秘魯恢復勘探的策略正在進展順利。」

El Oro Underground Project

El Oro地下項目

Xali Gold met with Remedioambiente S.A. de C.V. ("Remedioambiente"), Mexican subsidiary of Rio Verde Resources, in El Oro this week to review their field work to date and discuss how the two Company's plans for work can benefit each other and the local community.

Xali Gold本週在El Oro與Rio Verde Resources的墨西哥子公司Remedioambiente S.A. de C.V.(「Remedioambiente」)舉行會議,審查他們迄今爲止的現場工作並討論兩家公司的工作計劃如何互利互惠以及如何造福當地社區。

Remedioambiente has the exclusive right to explore and extract gold and silver above the 2400 metre ("m") level in the historic mine workings on five mining concessions in El Oro, in exchange for a 3% Net Smelter Return ("NSR") to Xali Gold. Xali Gold retains the exclusive ownership of all mineral bodies that may be discovered or delineated below the 2400 m level. See the Company's July 22, 2024 News Release.

Remedioambiente擁有在El Oro的五個採礦權區域中,對2400米("m")以上歷史礦井中的金銀進行勘探和開採的專有權,作爲給予Xali Gold的3%淨冶煉回報("NSR")的交換。Xali Gold保留在240000萬以下可能發現或界定的所有礦體的獨家所有權。請參閱公司於2024年7月22日的新聞發佈。

As important as the revenue potential from the NSR is, the underground access that Remedioambiente plans to open would be invaluable for Xali Gold's exploration efforts, particularly for drilling. Previous drilling demonstrated that gold and silver mineralization continues for several hundreds of metres below the historic mine levels and there are many indicators that a second deeper mineralizing system has been active in El Oro. Drilling is key to understand and delineate higher grade targets.

儘管NSR所帶來的收入潛力非常重要,但Remedioambiente計劃開啓的地下通道對Xali Gold的勘探工作尤爲寶貴,特別是鑽探工作。先前的鑽探表明,金銀礦化在歷史礦井以下的數百米內仍在繼續,而且有許多指標表明在El Oro存在第二個更深的礦化體系。鑽探是理解和界定更高品位目標的關鍵。

El Oro Tailings Project

El Oro尾礦項目

Following the successful completion of a 34-hole drill program for metallurgical test work on the Mexican Mine Tailings in El Oro, Mexico, samples were shipped to Kappes, Cassiday and Associates ("KCA") lab in Reno, Nevada as announced in the Company's July 11, 2024 News Release. Metallurgical testing is underway and results are expected by the end of Q3 2024.

在墨西哥El Oro的墨西哥礦尾礦進行冶金測試的34孔鑽探項目成功完成後,樣品已被運往內華達雷諾的Kappes,Cassiday和Associates("KCA")實驗室,詳見公司於2024年7月11日的新聞發佈。冶金測試正在進行中,預計將在2024年第三季度結束時公佈結果。

KCA has the right to process and sell all gold and silver recovered from the Tailings in return for a gross royalty of 3 to 4% to Xali Gold as well as an 8% Net Profits Interest to the municipality of El Oro. See News Releases dated April 15, 2024 and May 16, 2024.

KCA有權處理和出售從尾礦中回收的所有黃金和白銀,並向Xali Gold支付3%至4%的毛利皇家以及向El Oro市政府支付8%的淨利潤份額。請參閱2024年4月15日和2024年5月16日的新聞發佈。

The tailings are estimated to contain 1.27 million tonnes at a grade of 2.94 grams per tonne ("gpt") gold and 75.12 gpt silver (3.85 gpt gold equivalent) containing 119,900 ounces of gold and 3,061,200 ounces of silver as per an Inferred Mineral Resource Estimate National Instrument 43-101 Resource Study in 2014*. KCA's recent work indicates an estimated recovery of over 75% of the gold and silver.

根據2014年的推測礦產資源估計43-101法規的資源研究,尾礦估計含有127萬噸,金級別爲2.94克每噸(「gpt」),白銀級別爲75.12克每噸(等效爲3.85克黃金),含有119,900盎司黃金和3,061,200盎司白銀。KCA最近的工作估計可回收超過75%的黃金和白銀。

*Note: Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability. All figures have been rounded to reflect the accuracy of the estimate. For more information see "National Instrument 43-101 Technical Report on the Inferred Mineral Resource Estimate of the Mexico Mine Tailings" prepared by Nadia Caira, P.Geo. and Allan Reeves, P.Geo., dated August 25, 2014 with an effective date of July 8, 2014 available at .

*注意:礦物資源不是礦產儲備,沒有證明其經濟可行性。所有數字已四捨五入以反映估計的準確性。有關更多信息,請參見由Nadia Caira,P.Geo。和Allan Reeves,P.Geo撰寫的《關於墨西哥礦山礦渣推論性礦物資源評估的國家43-101技術報告》,日期爲2014年8月25日,生效日期爲2014年7月8日,網址爲:。

About Xali Gold

關於Xali Gold

Xali Gold has gold and silver projects in Peru and Mexico. The Company's flagship project El Oro is a district scale gold project encompassing a well-known prolific high-grade gold dominant gold-silver epithermal vein system in Mexico. The project covers 20 veins with past production and more than 57 veins in total, from which approximately 6.4M ozs of gold and 74M ozs of silver were reported to have been produced from just two of these veins (Ref. Mexico Geological Service Bulletin Nr. 37, Mining of the El Oro and Tlapujahua Districts. 1920, T. Flores).

Xali Gold在秘魯和墨西哥擁有黃金和白銀項目。該公司的旗艦項目El Oro是一個區域規模的黃金項目,涉及在墨西哥一個著名的多產高品位的金銀熱液脈系統。該項目涵蓋了20條脈,其中兩條脈僅就這些脈的生產記錄就產生了大約640萬盎司的黃金和7400萬盎司的白銀。 (參考:墨西哥地質服務公告第37號,El Oro和Tlapujahua地區的採礦。1920萬億。Flores)。

Modern understanding of epithermal vein systems indicates that several of the El Oro district's veins hold excellent discovery potential, particularly below and adjacent to the historic workings of the San Rafael Vein, which was mined to an average depth of only 200m.

對熱液脈礦脈系統的現代理解表明,El Oro地區的幾個礦脈具有出色的發現潛力,特別是在San Rafael Vein的歷史作業的下方和相鄰地段,這個礦脈的挖掘深度僅爲200米的平均深度。

Xali Gold is dedicated to being a responsible Community partner.

Xali Gold致力於成爲負責任的社區合作伙伴。

Joanne C. Freeze, P.Geo., President and CEO is the Qualified Person as defined by National Instrument 43-101 for the projects discussed above. Ms. Freeze has reviewed and approved the contents of this release. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Joanne C. Freeze,P.Geo.,總裁兼CEO是上述項目的定義人,根據43-101國家工具的規定。 Freeze女士已經審查並批准了本發佈的內容。 TSX Venture Exchange及其監管服務提供商不承擔本發佈的充分性或準確性。

On behalf of the Board of Xali Gold Corp.

代表Xali Gold Corp.董事會

"Joanne Freeze" P.Geo.
President, CEO and Director

「Joanne Freeze」 P.Geo。
總裁、首席執行官和董事

For further information please contact:
Joanne Freeze, President & CEO
Tel: + 1 604-512-3359
info@xaligold.com

要了解更多信息,請聯繫:


info@xaligold.com

Forward-looking Information
This news release may contain forward-looking information (as such term is defined under Canadian securities laws) including but not limited to historical production records. While such forward-looking information is expressed by Xali Gold in good faith and believed by Xali Gold to have a reasonable basis, they may address future events and conditions and are therefore subject to inherent risks and uncertainties including those set out in Xali Gold's MD&A. Factors that cause the actual results to differ materially from those in forward-looking information include, without limitation, gold prices, results of exploration and development activities, regulatory changes, defects in title, availability of materials and equipment, timeliness of government approvals, potential environmental issues, availability of capital and financing and general economic, market or business conditions. Xali Gold expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

前瞻性信息
此新聞稿可能包含前瞻性信息(根據加拿大證券法的定義),包括但不限於歷史生產記錄。雖然Xali Gold認爲此類前瞻性信息是出於善意並且有合理的基礎,並可能涉及未來事件和狀況,但它們因此會受到固有的風險和不確定性的影響,包括Xali Gold的MD&A所述因素。導致實際結果與前瞻性信息不同的因素包括但不限於金價、勘探和開發活動的結果、監管變化、權屬瑕疵、材料和設備的可用性、政府批准的及時性、潛在的環境問題、資本和融資的可用性以及普遍經濟、市場或業務狀況。Xali Gold明確聲明不打算或不承諾更新或修訂任何前瞻性信息,除非根據適用的證券法律。


譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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