Xali Gold Completes Half of Sampling at Pico Machay Gold Project in Peru
Xali Gold has completed over 50% of its initial underground and surface rock chip sampling at the Pico Machay gold project in central Peru. The current phase involved collecting 36 underground samples and 89 surface samples from mineral-rich areas, totaling 125 samples sent for geochemical and assay analysis. The sampling process included geological mapping to identify lithological, alteration, and mineralization contacts, followed by systematic sampling with lengths typically between 2m and 4m. The underground sampling was conducted in two north-south oriented galleries, while surface sampling involved cutting channels over outcropping mineralization. The results aim to update and potentially enhance the historical resource to a compliant mineral resource estimate by the third quarter of 2026.