Xali Gold Corp.

(MENAFN- Baystreet) 10:00 AM EST - Xali Gold Corp. : Has completed strategic data compilation studies on the Sarape silver-gold Project in Northern Mexico under option from Advanced Lithium Corp. Xali Gold optioned the Sarape Project believing that it covers the northerly extension of a trend of multiple low-sulphidation veins systems including the high-grade silver and gold system at the Las Chispas Mine roughly 20 km to the southwest. Prior to Las Chispas being sold to Couer Mining Inc. by SilverCrest Metals for C$2.4 billion, Las Chispas was estimated to contain Proven and Probable Reserves of 33.5M ounces of silver and 357,000 oz of gold. Xali Gold Corp. shares V are trading unchanged at $0.40.

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