Xali Gold targets late-September start for 3,000-meter drill program at Pico Machay project in Peru

Reuters2026/08/13 11:04

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Xali Gold moved toward a 3,000-meter diamond drilling program at the Pico Machay gold project in Peru, targeting a late-September 2026 start.
Environmental drilling permit application neared completion, with early feedback from Peru’s DGAAM pointing to a review timeline of several weeks.
Program includes 2,000 meters of twin holes to validate historical resources, with a further 1,000 meters aimed at higher-grade controls.
Contractors began site visits to finalize proposals, with selection expected shortly to run two rigs through December 2026.
Results are intended to support an updated mineral resource estimate, feeding into a first preliminary economic assessment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xali Gold Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608130700PRIMZONEFULLFEED9809228) on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Xali Gold targets late-September start for 3,000-meter drill program at Pico Machay project in Peru

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