# Xali Gold Continues to Demonstrate the Scale and Grade of Gold Mineralization at Pico Machay&\#xA0;

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9

Original source: https://money.tmx.com/en/quote/XGC/news/4715243857845572/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at

Publisher: tmx

Original announcement: 2026-07-28T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Xali Gold Corp.

- Ticker: XGC

- Exchange: TSX

- Region: Central Peru

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results

- Extracted: 2026-08-24 18:27:47 UTC

Narrative sentiment: 0.80 · Bullish

## Minestarters Atlas summary

Xali Gold announced strong gold assay results from its initial surface and underground channel sampling program at the Pico Machay Gold Project in Peru. Highlights include 2.92 g/t gold over 31.5 meters, with a high-grade sub-interval of 13.76 g/t gold over 4.5 meters, confirming significant mineralization within the historical resource area. The program also identified new exploration targets and extended the known mineralized system, demonstrating the project's potential for expansion.

Reasoning: The announcement reports strong gold grades from new surface and underground channel sampling, including a bonanza-grade sub-interval, which confirms and extends known mineralization and defines new exploration targets at the Pico Machay project. The results are supported by robust QA/QC.

- Positive factor: High-grade intercept \(13.76 g/t Au\) significantly exceeds the 75th percentile for epithermal gold deposits, indicating bonanza-grade mineralization.

- Positive factor: New sampling confirms and extends gold mineralization within and outside the historical resource area, demonstrating potential for resource expansion.

- Positive factor: The composite interval of 2.92 g/t Au over 31.5m is a substantial width with good grade, comparable to the company's best prior GT product.

- Positive factor: Identification of high-sulphidation epithermal system characteristics and definition of new exploration targets enhance future potential.

- Positive factor: Comprehensive QA/QC procedures, including QP sign-off and accredited lab analysis, support the reliability of the results.

Facts used in scoring: 71

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release states that all scientific and technical information has been reviewed and approved by Joanne Freeze, P.Geo., a qualified person, and that samples were submitted to SGS in Lima, Peru for analysis, with data verification including review of field duplicate results.

Evidence · text

> All scientific and technical information in this news release has been reviewed and approved by Joanne Freeze, P.Geo. Ms. Freeze is the President and CEO of the Company and is a qualified person for the purposes of National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Ms. Freeze has verified the data disclosed in this news release, including the assay and test data underlying the information or opinions contained in this news release. Ms. Freeze has verified the data disclosed in this news release by reviewing imported and sorted assay data; reviewing the variance in field duplicate results; and reviewing grade calculation formulas. Ms. Freeze detected no significant QA/QC issues during review of the data and is not aware of any sampling, recovery or other factors that could materially affect the accuracy or reliability of the data referred to in this news release. The 197 samples were 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 \(“ICP”\) for 36 elements. Additional overlimit analyses were completed where required.

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The document highlights 'numerous anomalous gold results returned from underground workings and surface samples outside the resource area' and states these results 'highlight the potential to expand the known mineralized system and provide compelling targets for future exploration'.

Evidence · text

> numerous anomalous gold results returned from underground workings and surface samples outside the resource area. While several of these areas are beyond the scope of the upcoming resource update, the results highlight the potential to expand the known mineralized system and provide compelling targets for future exploration.

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The release mentions 'High grades continue to be confirmed within historical resource area' and that 'Surface Channel 1 is located approximately 40 m vertically above UG Channel 3A, supporting the presence and vertical continuity of higher-grade gold mineralization in this central area', indicating confirmatory work.

Evidence · text

> High grades continue to be confirmed within historical resource area Gold mineralization and alteration characteristic of a high-sulphidation epithermal system have been identified in underground workings across an area measuring 1.35km by 0.83km 67 of 119 surface samples returned more than 0.50 g/t gold, helping refine exploration targets 2.92 grams per tonne \(“g/t”\) gold \(“Au”\) over 31.5 meters \(“m”\) from Surface Channel 1 including 13.76 g/t Au over 4.5m The historical resource \(surface expression\) area extends over approximately 750 m east-west by 150 m north-south. Within its core, Surface Channel 1 returned 2.92 g/t Au over 31.5 m, including 13.76 g/t Au over 4.5 m. Surface Channel 1 is located approximately 40 m vertically above UG Channel 3A, supporting the presence and vertical continuity of higher-grade gold mineralization in this central area.

**Exploration Target Defined**

Polarity: neutral

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The company states that 'Xali Gold has now defined ten exploration targets' based on the sampling program.

Evidence · text

> Xali Gold has now defined ten exploration targets

## Extracted facts

Stored fact records: 71. Some facts used in scoring do not have a stored record.

## Drill Results (71)

### Surface Channel 1

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-0)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: Surface Channel 1
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 2.92
- Grade Unit: g/t
- Intercept: 31.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This composite channel sample shows a strong gold grade over a substantial width, confirming mineralization and contributing to resource validation and expansion efforts.

- Positive factor: Strong gold grade over a significant width for an open-pit epithermal deposit.

- Positive factor: Confirms vertical continuity of mineralization within the historical resource area.

Evidence · text

> 2.92 grams per tonne \(“g/t”\) gold \(“Au”\) over 31.5 meters \(“m”\) from Surface Channel 1

### Surface Channel 1

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-1)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: Surface Channel 1
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 13.76
- Grade Unit: g/t
- Intercept: 4.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This high-grade sub-interval represents bonanza-grade gold mineralization, significantly enhancing the overall prospectivity and confirming the presence of very high-grade zones within the project.

- Positive factor: Exceptional gold grade \(13.76 g/t\) well above the 75th percentile for epithermal deposits, indicating bonanza-grade mineralization.

- Positive factor: Confirms high-grade potential within the historical resource area.

Evidence · text

> including 13.76 g/t Au over 4.5 m

### UG Channel 8

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-2)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: UG Channel 8
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.18
- Grade Unit: g/t
- Intercept: 4.3 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This result from an underground channel sample demonstrates the extension of gold mineralization significantly outside the main resource area, supporting the project's broader exploration potential.

- Positive factor: Moderate gold grade in an underground working located 800m northeast of the resource centre, indicating significant step-out potential.

- Positive factor: Extends the known mineralized footprint.

Evidence · text

> UG Channel 8, the northeastern most working, is located approximately 800m northeast of the centre of the historical resource area and returned 1.18 g/t Au over 4.3m

### UG Channel 9

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-3)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: UG Channel 9
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 2.1
- Grade Unit: g/t
- Intercept: 1.35 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows a strong gold grade, contributing to the understanding of mineralization continuity and expansion potential.

- Positive factor: Strong gold grade from an underground channel sample, further extending mineralization.

Evidence · text

> At UG Channel 9, 2.10 g/t Au was returned over 1.35m

### UG Channel 3 NS

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-4)

Pico Machay Gold Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: UG Channel 3 NS
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.49
- Grade Unit: g/t
- Intercept: 41.1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-06-25T00:00:00.000Z

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This is a re-statement of a previously reported historical result, confirming known mineralization but offering low novelty to the current announcement.

- Positive factor: Confirms previously reported significant gold mineralization over a substantial width.

- Negative factor: Result is historical and has been previously announced, reducing novelty.

Evidence · text

> As previously reported, UG Channel 3 NS returned 1.49 g/t Au over 41.1m

### UG Channel 3 NS

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-5)

Pico Machay Gold Project · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: UG Channel 3 NS
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 3.44
- Grade Unit: g/t
- Intercept: 8 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2026-06-25T00:00:00.000Z

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This is a re-statement of a previously reported historical high-grade sub-interval, confirming known mineralization but offering low novelty to the current announcement.

- Positive factor: Confirms previously reported strong gold mineralization within a significant sub-interval.

- Negative factor: Result is historical and has been previously announced, reducing novelty.

Evidence · text

> including 3.44 g/t Au over 8.0m

### 62

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-6)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 62
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.276
- Grade Unit: g/t
- Intercept: 4.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This channel sample shows weak gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.276

Context: 4.50 X 0.30

### 63

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-7)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 63
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.425
- Grade Unit: g/t
- Intercept: 4.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This channel sample shows weak gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.425

Context: 4.50 X 0.30

### 64

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-8)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 64
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.286
- Grade Unit: g/t
- Intercept: 4.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This channel sample shows weak gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.286

Context: 4.50 X 0.30

### 65

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-9)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 65
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 13.76
- Grade Unit: g/t
- Intercept: 4.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This channel sample shows bonanza-grade gold mineralization, significantly enhancing the overall prospectivity of the area.

- Positive factor: Exceptional gold grade \(13.76 g/t\) well above the 75th percentile for epithermal deposits, indicating bonanza-grade mineralization.

Evidence · table

> 13.760

Context: 4.50 X 0.30

### 66

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-10)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 66
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.015
- Grade Unit: g/t
- Intercept: 4.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.015

Context: 4.50 X 0.30

### 67

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-11)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 67
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.303
- Grade Unit: g/t
- Intercept: 4.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This channel sample shows weak gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.303

Context: 4.50 X 0.30

### 68

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-12)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 68
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.917
- Grade Unit: g/t
- Intercept: 4.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.917

Context: 4.50 X 0.30

### 69

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-13)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 69
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.965
- Grade Unit: g/t
- Intercept: 4.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.965

Context: 4.50 X 0.30

### 70

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-14)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 70
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.759
- Grade Unit: g/t
- Intercept: 4.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.759

Context: 4.50 X 0.30

### 71

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-15)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 71
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.728
- Grade Unit: g/t
- Intercept: 4.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.728

Context: 4.50 X 0.30

### 54

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-16)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 54
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.045
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization within the resource area, supporting continuity.

Evidence · table

> 1.045

Context: 2.00 x 0.30

### 55

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-17)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 55
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.329
- Grade Unit: g/t
- Intercept: 2.6 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization within the resource area, supporting continuity.

Evidence · table

> 1.329

Context: 2.60 x 0.20

### 56

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-18)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 56
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.204
- Grade Unit: g/t
- Intercept: 2.8 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization within the resource area, supporting continuity.

Evidence · table

> 1.204

Context: 2.80 x 0.30

### 57

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-19)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 57
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.694
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization within the resource area, supporting continuity.

Evidence · table

> 0.694

Context: 3.00 x 0.30

### 58

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-20)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 58
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.865
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization within the resource area, supporting continuity.

Evidence · table

> 0.865

Context: 3.00 x 0.20

### 59

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-21)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 59
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.693
- Grade Unit: g/t
- Intercept: 2.8 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization within the resource area, supporting continuity.

Evidence · table

> 0.693

Context: 2.80 x 0.20

### 60

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-22)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 60
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 2.687
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows strong gold mineralization within the resource area, contributing positively to the understanding of high-grade zones.

- Positive factor: Strong gold grade within the resource area, confirming high-grade potential.

Evidence · table

> 2.687

Context: 3.00 x 0.30

### 61

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-23)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 61
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.823
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization within the resource area, supporting continuity.

Evidence · table

> 1.823

Context: 3.00 x 0.30

### 92

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-24)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 92
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.231
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization within the resource area, supporting continuity.

Evidence · table

> 1.231

Context: 2.00 x 0.30

### 188

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-25)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 188
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 4.472
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows strong gold mineralization within the resource area, contributing positively to the understanding of high-grade zones.

- Positive factor: Strong gold grade within the resource area, confirming high-grade potential.

Evidence · table

> 4.472

Context: 3.00 X 0.30

### 89

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-26)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 89
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 2.538
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows strong gold mineralization in a new exploration target, highlighting the potential to expand the known mineralized system.

- Positive factor: Strong gold grade in a new exploration target, indicating potential for resource expansion.

Evidence · table

> 2.538

Context: 2.00 x 0.30

### 90

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-27)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 90
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 3.787
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows strong gold mineralization in a new exploration target, highlighting the potential to expand the known mineralized system.

- Positive factor: Strong gold grade in a new exploration target, indicating potential for resource expansion.

Evidence · table

> 3.787

Context: 2.00 x 0.30

### 97

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-28)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 97
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 2.849
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows strong gold mineralization in a new exploration target, highlighting the potential to expand the known mineralized system.

- Positive factor: Strong gold grade in a new exploration target, indicating potential for resource expansion.

Evidence · table

> 2.849

Context: 2.00 x 0.30

### 91

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-29)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 91
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.53
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization in a new exploration target, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.530

Context: 2.00 x 0.30

### 98

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-30)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 98
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.789
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization in a new exploration target, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.789

Context: 2.00 x 0.30

### 192

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-31)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 192
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 2.452
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows strong gold mineralization in a new exploration target, highlighting the potential to expand the known mineralized system.

- Positive factor: Strong gold grade in a new exploration target, indicating potential for resource expansion.

Evidence · table

> 2.452

Context: 3.00 X 0.34

### 99

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-32)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 99
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 4.208
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows strong gold mineralization in a new exploration target, highlighting the potential to expand the known mineralized system.

- Positive factor: Strong gold grade in a new exploration target, indicating potential for resource expansion.

Evidence · table

> 4.208

Context: 2.00 x 0.30

### 100

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-33)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 100
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 2.57
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows strong gold mineralization in a new exploration target, highlighting the potential to expand the known mineralized system.

- Positive factor: Strong gold grade in a new exploration target, indicating potential for resource expansion.

Evidence · table

> 2.570

Context: 2.00 x 0.30

### 101

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-34)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 101
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 2.135
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows strong gold mineralization in a new exploration target, highlighting the potential to expand the known mineralized system.

- Positive factor: Strong gold grade in a new exploration target, indicating potential for resource expansion.

Evidence · table

> 2.135

Context: 2.00 x 0.30

### 103

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-35)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 103
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.248
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization in a new exploration target, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.248

Context: 2.00 x 0.30

### 104

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-36)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 104
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.256
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization in a new exploration target, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.256

Context: 2.00 x 0.30

### 118

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-37)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 118
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.256
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization in a new exploration target, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.256

Context: 2.00 x 0.30

### 121

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-38)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 121
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 5.781
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows exceptional gold mineralization in a new exploration target, highlighting significant potential for resource expansion.

- Positive factor: Exceptional gold grade in a new exploration target, indicating significant potential for resource expansion.

Evidence · table

> 5.781

Context: 2.00 x 0.30

### 197

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-39)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 197
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.001
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows moderate gold mineralization in a new exploration target, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.001

Context: 3.00 X 0.39

### 114

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-40)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 114
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 2.607
- Grade Unit: g/t
- Intercept: 1.1 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows strong gold mineralization in a new exploration target, highlighting the potential to expand the known mineralized system.

- Positive factor: Strong gold grade in a new exploration target, indicating potential for resource expansion.

Evidence · table

> 2.607

Context: 1.10 x 0.10

### 117

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-41)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 117
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 3.349
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: surface
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This surface sample shows strong gold mineralization in a new exploration target, highlighting the potential to expand the known mineralized system.

- Positive factor: Strong gold grade in a new exploration target, indicating potential for resource expansion.

Evidence · table

> 3.349

Context: 1.0

### 127

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-42)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 127
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 3.225
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows strong gold mineralization within the resource area, contributing positively to resource validation.

- Positive factor: Strong gold grade from an underground channel sample within the resource area, supporting continuity.

Evidence · table

> 3.225

Context: 1.00 x 0.20

### 126

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-43)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 126
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 2.748
- Grade Unit: g/t
- Intercept: 5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows strong gold mineralization in a new exploration target, highlighting the potential to expand the known mineralized system.

- Positive factor: Strong gold grade from an underground channel sample in an exploration target, indicating potential for resource expansion.

Evidence · table

> 2.748

Context: 5.00 x 0.20

### 140

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-44)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 140
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.888
- Grade Unit: g/t
- Intercept: 0.9 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.888

Context: 0.90 x 0.20

### 141

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-45)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 141
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.292
- Grade Unit: g/t
- Intercept: 0.7 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows weak gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.292

Context: 0.70 x 0.20

### 142

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-46)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 142
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 2.992
- Grade Unit: g/t
- Intercept: 0.55 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows strong gold mineralization, highlighting the potential to expand the known mineralized system significantly northeast of the resource.

- Positive factor: Strong gold grade from an underground channel sample, extending mineralization significantly northeast of the resource centre.

Evidence · table

> 2.992

Context: 0.55 x 0.30

### 143

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-47)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 143
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.852
- Grade Unit: g/t
- Intercept: 3.05 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.852

Context: 3.05 x 0.20

### 144

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-48)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 144
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.614
- Grade Unit: g/t

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.614

Context: NE 650m from Resource Centre

### 145

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-49)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 145
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.974
- Grade Unit: g/t
- Intercept: 0.7 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.974

Context: 0.70 x 0.30

### 151

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-50)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 151
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.02
- Grade Unit: g/t
- Intercept: 0.7 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.020

Context: 0.70 x 0.30

### 152

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-51)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 152
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.102
- Grade Unit: g/t
- Intercept: 1.15 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.102

Context: 1.15 x 0.20

### 153

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-52)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 153
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.078
- Grade Unit: g/t
- Intercept: 0.9 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.078

Context: 0.90 x 0.20

### 156

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-53)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 156
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 2.57
- Grade Unit: g/t
- Intercept: 0.45 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows strong gold mineralization, highlighting the potential to expand the known mineralized system significantly northeast of the resource.

- Positive factor: Strong gold grade from an underground channel sample, extending mineralization significantly northeast of the resource centre.

Evidence · table

> 2.570

Context: 0.45 x 0.30

### 159

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-54)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 159
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.409
- Grade Unit: g/t
- Intercept: 0.4 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.409

Context: 0.40 x 0.30

### 161

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-55)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 161
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 2.229
- Grade Unit: g/t
- Intercept: 0.5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows strong gold mineralization, highlighting the potential to expand the known mineralized system significantly northeast of the resource.

- Positive factor: Strong gold grade from an underground channel sample, extending mineralization significantly northeast of the resource centre.

Evidence · table

> 2.229

Context: 0.50 x 0.30

### 166

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-56)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 166
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 4.138
- Grade Unit: g/t
- Intercept: 0.6 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows strong gold mineralization, highlighting the potential to expand the known mineralized system significantly southwest of the resource.

- Positive factor: Strong gold grade from an underground channel sample, extending mineralization significantly southwest of the resource centre.

Evidence · table

> 4.138

Context: 0.60 x 0.30

### 167

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-57)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 167
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.681
- Grade Unit: g/t
- Intercept: 1.3 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.681

Context: 1.30 x 0.20

### 168

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-58)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 168
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.847
- Grade Unit: g/t
- Intercept: 1.3 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.847

Context: 1.30 x 0.30

### 128

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-59)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 128
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.23
- Grade Unit: g/t
- Intercept: 3.5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows weak gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.230

Context: 3.50 x 0.20

### 129

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-60)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 129
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.357
- Grade Unit: g/t
- Intercept: 3.8 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows weak gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.357

Context: 3.80 x 0.20

### 130

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-61)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 130
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.386
- Grade Unit: g/t
- Intercept: 0.9 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows weak gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.386

Context: 0.90 x 0.20

### 131

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-62)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 131
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.855
- Grade Unit: g/t
- Intercept: 3.8 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.855

Context: 3.80 x 0.20

### 132

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-63)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 132
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.48
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows weak gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.480

Context: 4.00 x 0.20

### 133

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-64)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 133
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.82
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.820

Context: 4.00 x 0.20

### 134

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-65)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 134
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.031
- Grade Unit: g/t
- Intercept: 5 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.031

Context: 5.00 x 0.20

### 135

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-66)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 135
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.386
- Grade Unit: g/t
- Intercept: 1.3 m

#### Classification

- Deposit Type: epithermal
- Program: mixed
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows weak gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.386

Context: 1.30 x 0.20

### 136

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-67)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 136
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.953
- Grade Unit: g/t
- Intercept: 0.9 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization in an exploration target, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.953

Context: 0.90 x 0.20

### 137

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-68)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 137
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.284
- Grade Unit: g/t
- Intercept: 1.5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows weak gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.284

Context: 1.50 x 0.20

### 138

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-69)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 138
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 1.045
- Grade Unit: g/t
- Intercept: 1.4 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 1.045

Context: 1.40 x 0.20

### 139

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-continues-to-demonstrate-the-scale-and-grade-of-gold-mineralization-at--902dfb2e-ce67-48e6-8b43-0e4e5482ccb9#fact-drill-facts-70)

Pico Machay Gold Project · gold

#### Identity

- Hole ID: 139
- Project: Pico Machay Gold Project
- Commodity: gold
- Ticker: XGC

#### Geometry

- Grade: 0.669
- Grade Unit: g/t
- Intercept: 1.5 m

#### Classification

- Deposit Type: epithermal
- Program: exploration
- Sample Type: channel
- Mining Method: open\_pit

#### QA/QC

- Laboratory: SGS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: duplicates

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-07-28T00:00:00.000Z

Reasoning: This underground channel sample shows moderate gold mineralization, contributing to the overall understanding of the mineralized system.

Evidence · table

> 0.669

Context: 1.50 x 0.20

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.