Xali Gold Completes Initial Underground and Surface Sampling Program on the Pico Machay Gold Project in Peru

VANCOUVER, British Columbia, June 04, 2026 (GLOBE NEWSWIRE) -- Xali Gold Corp. (TSXV:XGC) (“Xali Gold” or the “Company”) is pleased to announce the completion of the initial underground and surface rock chip sampling program (the “Program”) on its Pico Machay Gold Project (“Pico Machay” or the “Project”) in Central Peru.   The Program included all accessible underground workings excavated since Aquiline Resources' 2009 exploration, resource, and feasibility work at Pico Machay and was predominantly within the historical resource area.