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Xali Gold starts baseline studies for drilling permit at Pico Machay project in Peru

Company Fundamentals
05 May 2026
GlobeNewsWire
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Bullish
pluang ai news

Xali Gold Corp. has engaged Peruvian firm GEADES to conduct baseline environmental and social studies required for a drilling permit at its Pico Machay Gold Project in Peru. Fieldwork is scheduled for early May 2026, with permit submission expected in June 2026. This step advances the project towards a Detailed Environmental Impact Assessment, a key stage for mining operations approval. The project is located in a historically productive mining district and holds strong potential based on previous studies and untested targets.

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