# Xali Gold Discovers Higher Grade Gold Mineralization at Pico Machay

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839

Original source: https://orestocks.com/company/XGC.V/press-releases/7436979973573053

Publisher: orestocks

Original announcement: 2026-06-25T15:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-01T03:12:26.604Z

Atlas analysis updated: 2026-10-01T03:12:26.604Z

- Company: Xali Gold Corp.

- Ticker: XGC

- Exchange: TSXV

- Region: Central Peru

- Primary commodity: Gold

- Secondary commodities: Silver

- Document categories: Drill results

- Extracted: 2026-10-01 03:12:27 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Xali Gold Corp. announced initial channel sampling results from its Pico Machay Gold Project in Central Peru, revealing high-grade gold mineralization. Highlights include 4.41 g/t Au over 13.7m from an underground channel and 2.28 g/t Au over 40.0m from a surface channel. These results, representing 25% of collected samples, are intended to validate and update the historical mineral resource estimate and support a Preliminary Economic Assessment.

Reasoning: Initial channel sampling results from the Pico Machay Gold Project show high-grade gold mineralization, with several intervals exceeding 4 g/t Au, which strengthens confidence in the project and will support an updated resource estimate and PEA.

- Positive factor: High-grade intercepts

- Positive factor: Continuity of mineralization

- Positive factor: QP/CP signed

- Positive factor: QA/QC disclosed

- Positive factor: Supports resource update and PEA

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

- Negative factor: Only 25% of samples reported

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 58

## Classification and evidence

**Apparent Width Only**

Polarity: negative

Definition: Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: Sample lengths represent true sample lengths along the channel and may not represent true widths of mineralization, which has no clear orientation.

Evidence · text

> Sample lengths represent true sample lengths along the channel and may not represent true widths of mineralization, which has no clear orientation.

**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: All scientific and technical information in this news release has been reviewed and approved by Joanne Freeze, P.Geo. and Ing. Enrique Bernuy, a qualified person for NI 43-101, and includes 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. and Ing. Enrique Bernuy. 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.

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: No cut-off grade is stated for the reported channel sample intervals.

Evidence · text

> Channel Assay Highlights

**Infill Drilling**

Polarity: neutral

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

Why it applies: The program aims to validate, update and potentially upgrade the historical mineral resource estimate at Pico Machay.

Evidence · text

> collected to support the Company's efforts to validate, update and potentially upgrade the historical mineral resource estimate at Pico Machay.

## Extracted facts

Stored fact records: 58. Some facts used in scoring do not have a stored record.

## Drill Results (58)

### Fact 1

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-0)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 2.22
- Grade Unit: g/t
- Intercept: 45.1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows good width, but the grade is weak for an underground epithermal deposit, resulting in a strong GT product.

- Positive factor: Strong continuity of mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Grade is weak for underground epithermal

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · text

> 2.22 g/t gold \(“Au”\) over 45.1meters \(“m”\) from Underground \(“UG”\) Channel 1

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 2

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-1)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 4.17
- Grade Unit: g/t
- Intercept: 20 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows a moderate grade and strong width for an underground epithermal deposit, resulting in a moderate GT product.

- Positive factor: Moderate grade for underground epithermal

- Positive factor: Strong continuity of mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · text

> 4.17 g/t Au over 20.0m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-2)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- 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: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows good width, but the grade is below the weak threshold for an underground epithermal deposit, resulting in a moderate GT product.

- Positive factor: Strong continuity of mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · text

> 1.49 g/t Au over 41.1m from UG Channel 3 NS

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 4

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-3)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

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

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows a weak grade and moderate width for an underground epithermal deposit, resulting in a weak GT product.

- Positive factor: Moderate continuity of mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Grade is weak for underground epithermal

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · text

> 3.44 g/t Au over 8.0m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 5

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-4)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 4.41
- Grade Unit: g/t
- Intercept: 13.7 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 EW
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a moderate grade and moderate width for an underground epithermal deposit, resulting in a moderate GT product.

- Positive factor: Moderate grade for underground epithermal

- Positive factor: Moderate continuity of mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · text

> 4.41 g/t Au over 13.7m from UG Channel 3 EW

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 6

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-5)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 6.45
- Grade Unit: g/t
- Intercept: 6.5 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 EW
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This sub-interval shows a moderate grade but narrow width for an underground epithermal deposit, resulting in a moderate GT product.

- Positive factor: Moderate grade for underground epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · text

> 6.45 g/t Au over 6.5m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 7

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-6)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 2.28
- Grade Unit: g/t
- Intercept: 40 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a strong grade and strong width for an open pit epithermal deposit, resulting in a moderate GT product.

- Positive factor: Strong grade for open pit epithermal

- Positive factor: Strong continuity of mineralization

- Positive factor: QA/QC disclosed

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · text

> 2.28 g/t Au over 40.0m from Surface Channel 2

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 8

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-7)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 0.51
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 0.51

Context: 2.00m x0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 9

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-8)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 0.43
- Grade Unit: g/t
- Intercept: 5 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 0.43

Context: 5.00m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 10

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-9)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 0.71
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 0.71

Context: 4.00m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 11

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-10)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 2.28
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 2.28

Context: 4.00m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 12

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-11)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 2.89
- Grade Unit: g/t
- Intercept: 5 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a weak grade and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: Grade is weak for underground epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 2.89

Context: 5.00m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 13

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-12)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 8.3
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a strong grade but narrow width for an underground epithermal deposit, resulting in a weak GT product.

- Positive factor: Strong grade for underground epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 8.30

Context: 3.00m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 14

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-13)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 7.48
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a strong grade but narrow width for an underground epithermal deposit, resulting in a weak GT product.

- Positive factor: Strong grade for underground epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 7.48

Context: 4.00m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 15

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-14)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.26
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.26

Context: 4.00m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 16

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-15)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 0.57
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 0.57

Context: 4.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 17

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-16)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 0.66
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 0.66

Context: 4.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 18

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-17)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.13
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.13

Context: 4.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 19

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-18)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 0.51
- Grade Unit: g/t
- Intercept: 2.1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 0.51

Context: 2.10m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 20

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-19)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 0.08
- Grade Unit: g/t
- Intercept: 0.1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 1
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a very low grade and narrow width for an underground epithermal deposit, indicating minimal mineralization.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is significantly below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 0.08

Context: 0.10m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 21

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-20)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 0.8
- Grade Unit: g/t
- Intercept: 4.3 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 0.80

Context: 4.30m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 22

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-21)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.26
- Grade Unit: g/t
- Intercept: 3.8 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.26

Context: 3.80m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 23

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-22)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 0.69
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 0.69

Context: 4.00m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 24

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-23)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 0.55
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 0.55

Context: 3.00m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 25

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-24)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.11
- Grade Unit: g/t
- Intercept: 5 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.11

Context: 5.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 26

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-25)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 3.43
- Grade Unit: g/t
- Intercept: 4.4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a weak grade and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: Grade is weak for underground epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 3.43

Context: 4.40m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 27

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-26)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 6.7
- Grade Unit: g/t
- Intercept: 4.4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a moderate grade but narrow width for an underground epithermal deposit, resulting in a weak GT product.

- Positive factor: Moderate grade for underground epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 6.70

Context: 4.40m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 28

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-27)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.46
- Grade Unit: g/t
- Intercept: 3.6 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.46

Context: 3.60m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 29

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-28)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 0.92
- Grade Unit: g/t
- Intercept: 4.3 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 0.92

Context: 4.30m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 30

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-29)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 0.82
- Grade Unit: g/t
- Intercept: 3.7 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 0.82

Context: 3.70m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 31

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-30)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.78
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.78

Context: 4.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 32

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-31)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.34
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 NS
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.34

Context: 1.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 33

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-32)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 0.81
- Grade Unit: g/t
- Intercept: 2.2 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 EW
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 0.81

Context: 2.20m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 34

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-33)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 4.74
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 EW
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a moderate grade but narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: Moderate grade for underground epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 4.74

Context: 2.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 35

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-34)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 2.41
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 EW
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a grade below the weak threshold and narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: QA/QC disclosed

- Negative factor: Grade is below weak for underground epithermal

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 2.41

Context: 3.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 36

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-35)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 8.79
- Grade Unit: g/t
- Intercept: 0.6 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 EW
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a strong grade but very narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for underground epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 8.79

Context: 0.60m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 37

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-36)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 7.07
- Grade Unit: g/t
- Intercept: 1.1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 EW
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a strong grade but very narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for underground epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 7.07

Context: 1.10m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 38

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-37)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 8.19
- Grade Unit: g/t
- Intercept: 1.8 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 EW
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a strong grade but very narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for underground epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 8.19

Context: 1.80m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 39

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-38)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 4.24
- Grade Unit: g/t
- Intercept: 1 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 EW
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a moderate grade but very narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: Moderate grade for underground epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 4.24

Context: 1.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 40

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-39)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 5.77
- Grade Unit: g/t
- Intercept: 1.2 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 EW
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a moderate grade but very narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: Moderate grade for underground epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 5.77

Context: 1.20m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 41

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-40)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 3.73
- Grade Unit: g/t
- Intercept: 0.8 m

#### Classification

- Deposit Type: epithermal
- Program: resource
- Sample Type: channel
- Mining Method: underground

#### Location

- Location: UG Channel 3 EW
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This channel sample shows a weak grade but very narrow width for an underground epithermal deposit, resulting in a GT product below weak.

- Positive factor: Grade is weak for underground epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 3.73

Context: 0.80m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 42

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-41)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.83
- Grade Unit: g/t
- Intercept: 1.8 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a strong grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.83

Context: 1.80m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 43

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-42)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 2.69
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a strong grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 2.69

Context: 3.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 44

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-43)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.74
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a strong grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.74

Context: 2.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 45

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-44)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.05
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a moderate grade and narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Moderate grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.05

Context: 3.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 46

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-45)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 2.37
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a strong grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 2.37

Context: 3.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 47

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-46)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 2.6
- Grade Unit: g/t
- Intercept: 3.5 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a strong grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 2.60

Context: 3.50m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 48

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-47)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 2.21
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a strong grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 2.21

Context: 3.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 49

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-48)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 2.21
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a strong grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 2.21

Context: 4.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 50

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-49)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 2.28
- Grade Unit: g/t
- Intercept: 4 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a strong grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 2.28

Context: 4.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 51

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-50)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 5.58
- Grade Unit: g/t
- Intercept: 1.5 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows an exceptional grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Exceptional grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 5.58

Context: 1.50m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 52

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-51)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.87
- Grade Unit: g/t
- Intercept: 1.2 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a strong grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.87

Context: 1.20m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 53

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-52)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

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

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a moderate grade and narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Moderate grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.35

Context: 2.10m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 54

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-53)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 3.39
- Grade Unit: g/t
- Intercept: 2 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows an exceptional grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Exceptional grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 3.39

Context: 2.00m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 55

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-54)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.41
- Grade Unit: g/t
- Intercept: 2.5 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a moderate grade and narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Moderate grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.41

Context: 2.50m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 56

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-55)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.79
- Grade Unit: g/t
- Intercept: 1.8 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a strong grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.79

Context: 1.80m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 57

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-56)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 3.49
- Grade Unit: g/t
- Intercept: 2.6 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows an exceptional grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Exceptional grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 3.49

Context: 2.60m x 0.20m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

### Fact 58

[Link to this fact](https://atlas-staging.minestarters.com/news/xali-gold-discovers-higher-grade-gold-mineralization-at-pico-machay--e91d8bae-9623-4050-98b4-6af2991eb839#fact-drill-facts-57)

Pico Machay · gold

#### Identity

- Project: Pico Machay
- Commodity: gold
- Region: peru
- Reported Region: Central Peru
- Ticker: XGC

#### Geometry

- Grade: 1.88
- Grade Unit: g/t
- Intercept: 3 m

#### Classification

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

#### Location

- Location: Surface Channel 2
- Loc. Source: document

#### 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: 2026-06-25T00:00:00.000Z

Reasoning: This surface channel sample shows a strong grade but narrow width for an open pit epithermal deposit, resulting in a GT product below weak.

- Positive factor: Strong grade for open pit epithermal

- Positive factor: QA/QC disclosed

- Negative factor: Narrow continuity of mineralization

- Negative factor: Apparent width only

- Negative factor: Cut-off undisclosed

Evidence · table

> 1.88

Context: 3.00m x 0.30m

#### Tags used in scoring

**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: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Infill Drilling**

Polarity: neutral

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

Why it applies: drill\_program\_type is "resource"

## 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.
