Gold has long been known as a safe haven asset and a store of value during times of economic uncertainty. As such, the price of gold has always been closely watched by investors and financial analysts. Recently, the price of gold has touched $2000 per ounce, and this is great news for companies involved in exploring and producing the valued metal.

Gold exploration is a risky business. Companies invest millions of dollars in exploration and drilling activities without any guarantee of success. If gold is discovered, it can take years to develop the mine and start producing gold. During this time, companies need to continue investing in exploration and development activities, which can be a significant financial burden. However, when the price of gold is high, it makes exploration more attractive to investors, and companies can attract more investment.

When gold prices are high, it creates a favorable environment for gold exploration companies. With the price of gold at $2000 per ounce, it becomes more economically viable for companies in the market. This is because the higher gold prices mean that companies can sell gold for more money, which can offset the high costs of exploration and development activities.

Higher gold prices also make exploration more attractive to investors. When gold prices are high, investors are more willing to invest in gold exploration companies. This is because the potential rewards of discovering gold and selling it at a high price are greater when gold prices are high. As a result, companies that explore for gold are more likely to attract investment when gold prices are high

Moreover, higher gold prices can lead to a rise in mergers and acquisitions activity in the gold exploration industry. When gold prices are high, larger mining companies are more likely to acquire smaller exploration companies that have discovered gold deposits. This is because larger mining companies want to expand their gold reserves, and the high price of gold makes it more attractive to acquire smaller exploration companies that have already made a discovery.

This is why the recent rise in gold prices to over $2000 per ounce is so important to Xali. It makes exploration more economically viable as the company develops revenue from operations. Xali can also generate higher income than originally anticipated when deals were consummated at a lower price. They anticipate generating 70 to 90 thousand per month with the current deals in place. Moving the same amount of material at a higher gold price means Xali can achieve it's revenue goals quicker, without dilution and build a cash position that will allow them to explore the El Oro Gold Project; a massive district scale project that previously produced 8 million gold equivalent ounces from just 2 veins.

The work to date exhibits strong potential for further discovery as new drill targets have been identified through a 3D Leapfrog model and drill holes have been designed to test potential extensions to high-grade gold and silver zones intersected by previous drilling, which includes true width intercepts of: 3m @ 49.8 g/t AuEq-11.2m @ 7.8 g/t AuE completed by ProsperoSilver in 2010-2011.