{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Xali Gold (TSXV:XGC) - Leveraging Historic Assets and New Discoveries for Growth in Mexico and Peru","html":"","width":"100%","height":180,"duration":1411,"description":"Interview with Joanne Freeze, President & CEO of Xali Gold Corp.Recording date: 11th September 2024Xali Gold Corp presents an intriguing investment opportunity in the precious metals sector, combining potential near-term revenue generation with significant exploration upside across its portfolio in Mexico and Peru. The company's strategy focuses on leveraging historic mining areas to fund new discoveries while minimizing dilution for shareholders.At the heart of Xali Gold's Mexican assets is the El Oro project, a historic mining district that has produced approximately 8 million ounces of gold equivalent. The company believes there is potential for another substantial ore body at depth, possibly containing an additional 8 million ounces of gold equivalent. This exploration thesis is based on the understanding that low sulfidation systems in Mexico often have multiple mineralization events, contrary to previous assumptions about the deposit's limits.Xali Gold has secured two key agreements at El Oro that could provide near-term revenue. The first is a joint venture for processing tailings containing an estimated 120,000 ounces of gold and 3 million ounces of silver, potentially generating a 3% Net Smelter Return (NSR) royalty within 6-12 months. The second is an underground mining agreement targeting remnant resources, with a potential exploration target of 750,000 ounces of gold and 8 million ounces of silver, also providing a 3% NSR. These agreements not only offer potential cash flow but also provide valuable underground access for more targeted and cost-effective exploration drilling.These agreements not only offer potential cash flow but also provide valuable underground access for more targeted and cost-effective exploration drilling. This strategic advantage could significantly enhance Xali Gold's ability to explore and potentially expand the known resource at El Oro, particularly at depth.Expanding its portfolio, Xali Gold has acquired a new high...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}