Xali Gold Corp. announces that Sun River Gold Corp has received a change in soil use permit which is the main permit required for the El Oro Tailings Project in Mexico. The permit received allows the Tailings to be moved out of the historical deposition site which is within the town of El Oro and to the industrial processing site outside of the town.
“We are very excited that Sun River now has the most important permit in hand so that ground preparation work can finally begin on our Tailings Project in El Oro,” says Joanne Freeze, President and CEO of Xali Gold. “Sun River has been diligently advancing the Tailings Project and we have given several extensions due to the delays in the granting of this permit.”
Sun River is a private Arizona based corporation managed by an experienced team of mining professionals with a combined 80 years of mining experience in Mexico, including specific experience in the reprocessing of old gold and silver tailings.
The Tailings Project in El Oro contains an Inferred Resource of 1,267,400 Tonnes grading 2.94 gold grams per tonne (“g/t”), 75.12 silver g/t containing 119,900 ounces of gold and 3,061,200 ounces of silver.