08:43 AM EDT, 06/17/2024 (MT Newswires) -- Xali Gold ( CGDXF ) said on Monday that it has initiated a 20-hole sonic drill program at the Mexican Mine Tailings Reprocessing Project at El Oro in Mexico.
Once production begins, Kappes, Cassiday & Associates will pay Xali Gold ( CGDXF ) a gross royalty equal to 4% of the sales income received from all gold and silver produced.
Further, Starcore International Mines has partnered with Kappes, Cassiday & Associates to launch an environmental rehabilitation project to clean up mine tailings from the municipality of El Oro in Mexico.