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Xali Gold Signs Agreement with Barrick in Peru

VANCOUVER, British Columbia, Nov. 28, 2023 (GLOBE NEWSWIRE) Xali Gold Corp. (TSXV:XGC) ("Xali Gold” or the “Company”) is pleased to advise that it has signed an Option Agreement (the “Agreement”) with Barrick Gold Corporation (“Barrick”) on the Tres Marias Property (“Tres Marias” or the “Property”) located in southern Peru. As per the Agreement, Barrick must pay Xali Gold US$175,000 over a 5-year period and spend $500,000 in exploration work to earn 100% of the Property subject to Xali Gold r ....

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AbraSilver Discovers New Silver Mineralization Beyond JAC Zone, Intersecting 1,042 g/t Silver Over 12 Metres

The newly discovered JAC North zone is located over 900 metres beyond the limit of the conceptual open pit that defines the current Mineral Resource estimate at Oculto and approximately 100 metres northwest of the high-grade JAC zone. The new JAC North zone has the same geological characteristics as the JAC zone, namely that silver mineralisation is concentrated in a highly fractured zone with pervasive alunite alteration and associated manganese oxides and follows a parallel structural trend. The initial drill intercepts of this newly identified zone are very encouraging, and follow-up work is planned as part of the next exploration drill campaign. ....

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