Announcement • Jun 12
Xali Gold Corp. announced that it expects to receive CAD 1 million in funding Xali Gold Corp. announced that has arranged a non-brokered private placement to raise gross proceeds of approximately CAD 1,000,000 on June 11, 2026. The private placement will consist of the sale of four million common shares at a price of 0.25 per share to raise gross proceeds of CAD 1,000,000. The shares issued will be subject to a mandatory four-month-and-one-day hold period commencing the day of closing of the private placement. There will be no warrants issued with this private placement. The company expects that the private placement will be taken up by a small group of key investors and intends to close it on or around June 17, 2026, or such a date as the company may determine. Closing of the private placement is subject to TSX Venture Exchange approval. Announcement • Jun 04
Xali Gold Completes Initial Underground and Surface Sampling Program on the Pico Machay Gold Project in Peru Xali Gold Corp. has completed the initial underground and surface rock chip sampling program on its Pico Machay Gold Project in Central Peru. The Program included all accessible underground workings excavated since Aquiline Resources’ 2009 exploration, resource, and feasibility work at Pico Machay and was predominantly within the historical resource area. This is the first time the historical resource area has been sampled from underground, so will provide the Company with excellent resource confirmation data as well as additional new geological, grade and grade distribution data. The results will support the preparation of an updated mineral resource estimate, which is expected to form the basis of an updated Preliminary Economic Assessment for Pico Machay. All samples collected during the Program have been submitted to the laboratory for analysis, with results expected in approximately two weeks. Underground sampling was completed in three north-south oriented horizontal galleries (tunnels) extending over 21 to 46 metre lengths as well as one east-west crosscut 34 m in length and some smaller workings. Continuous channel samples were collected from the eastern walls of the galleries over 2 to 4 m intervals. These underground samples will provide grades and other data over extensive lengths not previously sampled. The nature of the galleries makes them similar to a horizontal drill hole. Surface sampling was conducted over both historical resource areas and new exploration targets. The 197 samples have been submitted to SGS in Lima, Peru for gold and silver analysis using fire assay and atomic absorption methods, along with multi-element Inductively Coupled Plasma for 36 elements. Additional overlimit analyses will be completed where required. Of the 197 samples, 78 were collected from underground and 119 from surface outcrops. While 125 samples were initially sent to the ALS laboratory in Peru, the Company decided to move the analyses to SGS to be sure the processes were well aligned with future Metallurgical testing which ALS does not have facilities for. Announcement • May 28
Xali Gold Corp. Completes Baseline Studies Required For FTA Drilling Permit On Pico Machay Gold Project In Peru Xali Gold Corp. completed the baseline studies required for the Ficha Técnica Ambiental - Drilling Permit (FTA) on its Pico Machay Gold Project. GEADES, the Peruvian environmental and social consulting firm engaged by Xali Gold to complete the baseline studies, finalized its fieldwork on May 10th, 2026. The work included environmental baseline sampling and monitoring activities related to water quality, air quality, soil quality, sound quality, sampling of flora and fauna, as well as gathering social information. GEADES is now receiving, compiling and interpreting the laboratory results from the completed sampling program in order to finalize the baseline studies and prepare the FTA application, which is expected to be submitted to the DGAAM (General Directorate of Mining Environmental Affairs) of MINEM (Ministry of Energy and Mines in Peru) by or near the end of June. Completion of the new environmental and social baseline studies continues to build momentum at Pico Machay as Xali Gold advances permitting initiatives alongside ongoing technical advances of the Project. The Company also continues to advance several parallel initiatives at the Project, including near-term completion of underground and surface sampling programs and ongoing engagement with local communities regarding a long-term surface access and shared value agreement. Through its in-country community relations team, which brings experience from a number of development-stage mining projects in Peru, the Company continues to build relationships across the broader community and gain a better understanding of local priorities and needs as Project advancement activities continue. Following submission of the FTA application, the Company expects to continue technical evaluations and planning activities related to future drilling, metallurgical studies, resource modelling, and advancement of a PEA. 
