Xali Gold Corp. Expands Mexican Portfolio with Sarape Project Acquisition

Xali Gold Corp. ( (TSE:XGC) ) has shared an announcement.

Xali Gold Corp. has entered into a binding Letter of Intent to acquire the Sarape Project in the Rio Sonora Valley, Mexico, from Advanced Lithium Corp. This strategic acquisition enhances Xali Gold’s portfolio with a project located in a promising gold-silver mining district, close to other significant mines like SilverCrest Metal’s Las Chispas Mine. The Sarape Project, with its extensive gold and silver-bearing vein systems, presents considerable exploration potential, particularly at depth where high-grade mineralization is expected. Xali Gold plans to accelerate exploration at Sarape, aiming to unlock its full value and provide significant opportunities for shareholders.

More about Xali Gold Corp.

Xali Gold Corp. operates in the precious metals industry, focusing on the exploration and development of high-level, low-sulphidation epithermal gold and silver assets. The company is expanding its portfolio in Mexico, a region known for its rich mineral deposits, by acquiring projects with significant exploration potential.

YTD Price Performance: 12.50%

Average Trading Volume: 126,646

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: C$6.42M

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