Remedioambiente Starts Underground Work in the Historic Mine Workings at El Oro, Mexico

VANCOUVER, British Columbia, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) (“Xali Gold” or the “Company”) is pleased to announce that a Definitive Agreement (the “Agreement”) has been agreed to with Remedioambiente S.A. de C.V. (“Remedioambiente”) allowing them to start underground test work at El Oro, Mexico. The initial work will focus on identifying the most effective recovery methods for gold and silver as well as establishing the best underground access. Xali Gold is to be paid a Net Smelter Return (“NSR”) of approximately 3% on all gold and silver recovered by Remedioambiente from the historic workings above the 2400 metre (“m”) level.

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