en.Wedoany.com Reported - Xali Gold has received the initial results from a recent sampling program at the Pico Machay gold project in central Peru. The program collected samples from underground workings and surface areas within the project zone, aiming to verify and update the historical mineral resource estimate.

The results obtained so far indicate gold mineralization across various evaluation areas, providing important information for project advancement and future technical assessments. The program was implemented through systematic sampling, targeting areas previously unevaluated in this manner. The data will help better understand mineralization continuity and will be used in ongoing studies at Pico Machay.

Xali Gold President and CEO Joanne Freeze stated that these preliminary results are encouraging. Company representatives noted that the information gathered from the program offers a broader perspective on mineralization behavior. While channel sampling differs from drilling, the program's systematic approach and ability to continuously sample newly exposed mineralized zones provide valuable insights into grade variability and mineralization continuity at Pico Machay. The results received to date further strengthen the company's confidence in the project, and the company looks forward to completing the resource update and preliminary economic assessment (PEA).

Xali Gold will continue advancing exploration and evaluation work at Pico Machay. The project is located in a historically mined area within the Western Cordillera of the Andes. The results obtained will be used for the resource update and planned technical studies, while the company continues to assess the project's growth potential.

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