Ximen Mining Begins Camp Construction for Exploration Program Surrounding Kernville Gold Mine - Nelson BC

Rhea-AI Summary

Ximen Mining Corp (OTCQB: XXMMF) has initiated construction of a temporary exploration camp adjacent to its Kenville Mine site. This development supports their planned exploration program for the year, covering properties from Kenville to Ymir and Salmo. The camp will feature trailer-based facilities for geological and drilling crews, with hydro power and septic systems under construction. Ximen aims to develop its gold assets in southern British Columbia while maintaining financial discipline and sustainability in its operations.

Positive

• Initiation of a temporary exploration camp to enhance exploration capabilities.
• Focus on high-grade gold asset acquisition in southern British Columbia.
• Commitment to sustainable mining practices and financial discipline.

Negative

• None.

VANCOUVER, BC / ACCESSWIRE / June 9, 2021 / Ximen Mining Corp. (TSX.v:XIM) (FRA:1XMA) (OTCQB:XXMMF) (the "Company" or "Ximen") is pleased to announce that it has started adjacent to its construction of a new temporary exploration camp facility next to the Kenville Mine site.

Ximen is preparing for its exploration program planned for this year on its properties that extend from the Kenville mine to the areas around Ymir and Salmo. The Company recently started developing a 3-acre parcel of land that lies adjacent to the Kenville mine site as a temporary exploration camp site. Facilities are being constructed to support a trailer-based camp for exploration geological and drilling crews. Hydro power supply is being set up now and construction of septic facilities will follow.

On behalf of the Board of Directors,

"Christopher R. Anderson"

Christopher R. Anderson,
President, CEO and Director
604 488-3900

Investor Relations:
Sophy Cesar
604-488-3900,
ir@XimenMiningCorp.com

About Ximen Mining Corp.

Ximen Mining Corp. strives to always to take a 100% interest in all of its projects and assets. The company has bought out all the possible NSR's on its key Mineral Precious Metal Assets and several other precious metal assets in the near vicinity to its holdings. The company has been focused on the acquisition of high grade gold assets in southern BC, with easy access and good infrastructure. We are building a Gold Mining Company with a goal to accumulate land packages with multi-million ounce gold potential and realize that potential through extensive drilling and resource definition. Simultaneously we are advancing the Kenville Gold Mine forward and on the path towards production. We are well on our way to meeting all of our targets while at the same time maintaining our aversion towards debt and dilution and advancing forward with responsible development and sustainable mining and exploration practices.

This is a company focused on building Ethical and Sustainable Value … it just takes time.

Ximen is a publicly listed company trading on the TSX Venture Exchange under the symbol XIM, in the USA under the symbol XXMMF, and in Frankfurt, Munich, and Berlin Stock Exchanges in Germany under the symbol 1XMA and WKN with the number as A2JBKL

This press release contains certain "forward-looking statements" within the meaning of Canadian securities This press release contains certain "forward-looking statements" within the meaning of Canadian securities legislation, including statements regarding the receipt of TSX Venture Exchange approval and the exercise of the Option by Ximen. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking statements are statements that are not historical facts; they are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "aims," "potential," "goal," "objective," "prospective," and similar expressions, or that events or conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature, refer to future events. The Company cautions that forward-looking statements are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and they involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Except to the extent required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the possibility that the TSX Venture Exchange may not accept the proposed transaction in a timely manner, if at all. The reader is urged to refer to the Company's reports, publicly available through the Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com for a more complete discussion of such risk factors and their potential effects.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Ximen Mining Corp
888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4 Tel: 604-488-3900

SOURCE: Ximen Mining Corp.

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FAQ

What is Ximen Mining Corp's latest project?

Ximen Mining Corp has started constructing a temporary exploration camp adjacent to the Kenville Mine site to support its exploration program.

How does the construction of the camp impact Ximen Mining Corp's exploration efforts?

The new camp will enhance the operational efficiency of geological and drilling crews, aiding the exploration of properties around Kenville, Ymir, and Salmo.

What is the stock symbol for Ximen Mining Corp?

Ximen Mining Corp trades under the stock symbol XXMMF on the OTCQB.

Where is the Kenville Mine located?

The Kenville Mine is located in British Columbia, Canada.

What are Ximen Mining Corp's plans for its gold assets?

Ximen Mining Corp aims to accumulate land packages with significant gold potential and advance the Kenville Gold Mine towards production.