• Xali Gold submitted an environmental permit application for drilling at its Pico Machay gold project in Huancavelica, Peru.
• GEMA secured the initial 3,000-meter diamond drilling contract, including approximately 2,000 meters to verify historical drilling results.
• Drilling is targeted for early November 2026, subject to permits; regulatory review and approval are expected approximately 10 days following submission.
• The application covers up to 20,000 meters of drilling from 20 platforms, allowing additional resource definition and exploration.
• Results will support an updated mineral resource estimate to underpin a preliminary economic assessment of development options.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Xali Gold Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610260700PRIMZONECNPR____9852460) on October 26, 2026, and is solely responsible for the information contained therein.