Xali Gold is focused on the development 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 shares full update on Pico Machay: High-Grade Results, 3000m Drill Plan & 2026 Catalysts
July 28, 2026

Site Visit: On the ground at Pico Machay
April 6, 2026