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

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.