Xali Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Mexico and Peru. Its principal asset is the El Oro gold-silver property located in Mexico. The company has an agreement with Magellan Acquisition Corp. to earn up to a 100% interest in the San Dieguito de Arriba beneficiation plant and take over their rights to a lease agreement on the El Dorado Property located in Nayarit State, Mexico. The company was formerly known as Candente Gold Corp. and changed its name to Xali Gold Corp. in January 2021. Xali Gold Corp. was founded in 2009 and is headquartered in Vancouver, Canada.