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XIMEN MINING CORP - XXMMF STOCK NEWS

Welcome to our dedicated page for XIMEN MINING news (Ticker: xxmmf), a resource for investors and traders seeking the latest updates and insights on XIMEN MINING stock.

Ximen Mining Corp (XXMMF) is a mineral exploration company focused on acquiring high-grade gold assets in southern British Columbia. The company owns several precious metal projects, including the Amelia Gold Mine, the Brett Epithermal Gold Project, and the Treasure Mountain Silver Project. Ximen is committed to sustainable mining practices and is currently working on a clean electricity generation project for the Kenville Gold Mine to meet zero-emission targets.

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Ximen Mining Corp (TSXV: XIM, OTC: XXMMF) has reported progress at its Kenville Gold Mine project near Nelson, BC. The company successfully completed an Archaeological Impact Assessment with no significant findings, and finished geological logging of two groundwater monitoring wells. The wells, drilled to depths of 100.0 and 47.0 meters, revealed dark grey diorite with a minor mafic dike and one mineralized quartz vein. The company is now finalizing engineering design for a culvert crossing at Fisherman Road, which is required before underground mine development can begin.

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Ximen Mining Corp (XXMMF) has completed its drilling program at the Amelia Gold project in Camp McKinney, BC. Eight NQ-size drill holes totaling 2,064 meters were completed, with the target vein intersected in five holes. The best result came from hole AM23-03, yielding 16.3 g/t gold and 79.9 g/t silver, with 1.88% lead and 1.05% zinc over 0.26 meters. The historic Cariboo-Amelia mine, BC's first dividend-paying gold mine, previously produced 81,602 ounces of gold and 32,439 ounces of silver from 112,254 tonnes milled. The results indicate that the McKinney vein and gold mineralization extends east and deeper from historically mined areas.

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Ximen Mining Corp (TSXV: XIM) has completed its 2024 drill program at the Brett epithermal gold project near Vernon, BC. The final hole, B24-08, was drilled northwest to test the West Zone alteration, intersecting multiple zones of intense clay-silica alteration with clay-gouge faults and silica-pyrite mineralization. The program completed 1,356.5 meters of drilling, with a shift in focus to the West Zone following the discovery of visible gold in hole 7. The Brett project covers 20,043 hectares of low-sulfidation epithermal-style gold mineralization, with historical bulk samples averaging 27.74 g/t gold and 63.7 g/t silver.

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Ximen Mining Corp (OTC: XXMMF) reports intersecting visible gold in hole B24-07 at its Brett epithermal gold project near Vernon, BC. The hole, drilled to test the West Zone alteration, encountered hydrothermally altered rocks with visible gold at 87.25m within a colloform-banded silica-pyrite veinlet containing multiple gold grains. The drilling revealed that the West Zone is a major gold-bearing zone with clay altered faults and significant porphyry presence. The Brett project covers 20,043 hectares of epithermal-style gold mineralization, with a historical bulk sample averaging 27.74 g/t gold and 63.7 g/t silver.

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Ximen Mining Corp has completed hole 6 of its drilling program at the Brett epithermal gold project near Vernon, BC. The drill hole B24-06 intersected multiple mineralized zones, including a breccia zone from 12.27 to 26.45m containing 5-10% pyrite, and several intensely silicified zones with pyrite content ranging between 3-20%. A total of 43.95 meters of mineralized core was intersected, representing 39.5% of the entire 111.0m hole.

The Brett project spans 20,043 hectares and features epithermal-style gold mineralization discovered in 1983. A historical surface bulk sample of 291 tonnes averaged 27.74 g/t gold and 63.7 g/t silver. The project includes multiple mineralization zones over a two-kilometer strike.

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Ximen Mining Corp (TSXV: XIM) has completed the fifth hole (B24-05) of its drilling program at the Brett epithermal gold project near Vernon, BC. The hole was drilled at 45 degrees inclination to test the Border Zone and an area 40 meters southeast of a previous 16.7 g/t Au intercept. B24-05 intersected multiple altered and mineralized zones, including several clay-pyrite mineralized zones with pyrite content ranging between 2-10%. The Brett project covers 20,043 hectares of epithermal-style gold mineralization, with a historical bulk sample that averaged 27.74 g/t gold and 63.7 g/t silver.

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Ximen Mining Corp (TSXV: XIM) has completed hole 4 of its ongoing drill program at the Brett epithermal gold project near Vernon, BC. The hole, B24-04, was drilled to follow up on a historic intercept of 62.06 g/t Au in hole B87-42. Key findings include:

- Four sections of feldspar-hornblende porphyry dike
- Four clay-pyrite altered sections, with the most significant being a 5.18m zone with 2% disseminated pyrite
- A silicified fault breccia with 7% fine pyrite from 67.15 to 68.0 meters

The Brett project covers 20,043 hectares of low-sulfidation epithermal-style gold mineralization. A historical bulk sample averaged 27.74 g/t gold and 63.7 g/t silver. The current drilling program aims to extend the Main Zone and test parallel altered zones.

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Ximen Mining Corp (TSXV: XIM) has provided an update on hole 3 (B24-03) of its ongoing drill program at the Brett epithermal gold project near Vernon, BC. The hole, designed to follow up on a high-grade interval from a previous hole, has been completed to a depth of 155m. It intersected several clay-pyrite altered zones and porphyry dikes with amethystine quartz veinlets.

Key intersections include:

  • Clay-pyrite altered zone from 37.89 to 39.65m with 5% disseminated pyrite
  • Clay altered zone from 135.82-136.26m with 2% pyrite
  • Clay altered zone from 146.26-147.3m with 2% pyrite
  • Clay altered zone from 150.96-151.8m with 2% pyrite

The target zone correlates with the altered zone between 146.26 and 147.30 meters. The Brett project covers 20,043 hectares of low-sulfidation epithermal-style gold mineralization. The drill program aims to extend the Main Zone and test extensions of the New Discovery Zone.

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Ximen Mining Corp (TSXV: XIM) has provided an update on hole 2 of its current drill program at the Brett epithermal gold project near Vernon, BC. Hole B24-02 was drilled to test down dip of a previous intercept in hole 04-06, which reported 11.35 g/t gold over 1.3 meters. The new hole encountered alternating units of volcanic flow and breccia, followed by bedded tuff and more volcanic flow.

Several intensely clay-silica altered zones with abundant pyrite mineralization and fault gouge were intersected, totaling 18.34 meters or 16% of the hole length. The altered zones are related to the Main Zone, with minor amethystine quartz occurring in the last meter correlating with the target intercept in Hole B04-06.

The Brett project covers 20,043 hectares of low-sulfidation epithermal-style gold mineralization. The project's objective is to extend the Main Zone to the southeast and at depth, and to test for extensions to the New Discovery Zone.

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Ximen Mining Corp (TSXV: XIM, OTC: XXMMF) has completed the first hole of its 2024 drill program at the Brett epithermal gold project near Vernon, BC. The program aims to extend the Main Zone and test extensions of the New Discovery Zone. Hole B24-01 targeted the Main Zone, intersecting a hydrothermally altered and faulted zone with clay alteration and fault gouge containing vein quartz fragments with disseminated pyrite.

A second hole is being drilled to test down dip of a previous intercept in hole 04-06, which reported 11.35 g/t gold over 1.3 meters. The Brett project covers 20,043 hectares of low-sulfidation epithermal-style gold mineralization. Historical records indicate a 291-tonne surface bulk sample averaged 27.74 g/t gold and 63.7 g/t silver. Multiple mineralization zones occur over a two-kilometer strike, including bulk-mineable and high-grade styles.

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FAQ

What is the current stock price of XIMEN MINING (xxmmf)?

The current stock price of XIMEN MINING (xxmmf) is $0.047 as of December 20, 2024.

What is the market cap of XIMEN MINING (xxmmf)?

The market cap of XIMEN MINING (xxmmf) is approximately 3.6M.

What projects does Ximen Mining Corp own?

Ximen Mining Corp owns the Amelia Gold Mine, the Brett Epithermal Gold Project, and the Treasure Mountain Silver Project.

What is Ximen Mining Corp focused on?

Ximen Mining Corp is focused on acquiring high-grade gold assets in southern British Columbia.

What is Ximen Mining Corp's commitment to sustainable practices?

Ximen Mining Corp is committed to sustainable mining practices and is currently working on a clean electricity generation project for the Kenville Gold Mine to meet zero-emission targets.

What is Ximen Mining Corp's stock symbol?

Ximen Mining Corp's stock symbol is XXMMF.

How can I contact Ximen Mining Corp for investor relations?

You can contact Ximen Mining Corp for investor relations at 604-488-3900 or ir@XimenMiningCorp.com.

XIMEN MINING CORP

OTC:XXMMF

XXMMF Rankings

XXMMF Stock Data

3.57M
45.91M
12.08%
Gold
Basic Materials
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