Ximen Mining Corp Unravels Key Control on Gold Mineralization at Its 100% Owned Brett Epithermal Gold Project - Vernon BC
Ximen Mining Corp (TSXV: XIM, OTC: XXMMF) has announced key findings from geological modeling at its Brett epithermal gold property near Vernon, BC. The company's technical team has identified significant structural controls on gold mineralization through 3D correlation of volcaniclastic units interlayered with massive basalts/andesites.
The analysis revealed important synvolcanic faults that host substantial gold mineralization, with one such fault interpreted in the Main Zone where historic mining occurred. A similar structure was identified at the West Zone, where 2024 drilling intercepted extensive zones of silica-clay-pyrite alteration with silica veinlets containing visible gold (assays pending).
The new interpretation shows fault traces extending northwest and southeast, with several subparallel structures identified through magnetic mapping. The 2024 drill program established the West Zone as a new area of interest, suggesting mineralization is open along strike with potential for multiple parallel veins.
Ximen Mining Corp (TSXV: XIM, OTC: XXMMF) ha annunciato importanti risultati dalla modellazione geologica presso la sua proprietà aurifera epithermale di Brett, vicino a Vernon, BC. Il team tecnico dell'azienda ha identificato significativi controlli strutturali sulla mineralizzazione dell'oro attraverso la correlazione 3D delle unità volcanoclastiche intercalate con masse di basalti/andesiti.
L'analisi ha rivelato importanti faglie sinvolcaniche che ospitano sostanziali mineralizzazioni aurifere, con una di queste faglie interpretata nella Main Zone, dove si è svolta l'estrazione storica. Una struttura simile è stata identificata nella West Zone, dove i sondaggi del 2024 hanno intercettato ampie zone di alterazione silice-clay-pirite con venature di silice contenenti oro visibile (risultati delle analisi in attesa).
La nuova interpretazione mostra tracce di faglie che si estendono a nord-ovest e sud-est, con diverse strutture subparallelle identificate attraverso la mappatura magnetica. Il programma di perforazione 2024 ha stabilito la West Zone come una nuova area di interesse, suggerendo che la mineralizzazione si estende lungo la forza con il potenziale per molte vene parallele.
Ximen Mining Corp (TSXV: XIM, OTC: XXMMF) ha anunciado hallazgos clave de modelado geológico en su propiedad de oro epithermal Brett, cerca de Vernon, BC. El equipo técnico de la empresa ha identificado controles estructurales significativos sobre la mineralización de oro a través de la correlación 3D de unidades volcanoclásticas intercaladas con basaltos/andesitas masivas.
El análisis reveló importantes fallas sinvolcánicas que albergan una considerable mineralización de oro, siendo interpretada una de estas fallas en la Zona Principal, donde ocurrió la minería histórica. Se identificó una estructura similar en la Zona Oeste, donde la perforación de 2024 interceptó extensas zonas de alteración de sílice-arcilla-pirita con venas de sílice que contienen oro visible (resultados de análisis pendientes).
La nueva interpretación muestra trazas de fallas que se extienden hacia el noroeste y sureste, con varias estructuras subparalelas identificadas a través de mapeo magnético. El programa de perforación de 2024 estableció la Zona Oeste como una nueva área de interés, sugiriendo que la mineralización está abierta a lo largo de la línea con potencial para múltiples vetas paralelas.
Ximen Mining Corp (TSXV: XIM, OTC: XXMMF)는 BC주 벌넌 근처에 있는 브렛 에피테말 금 속성에서 지질 모델링의 주요 결과를 발표했습니다. 회사의 기술팀은 대량의 현무암/안데사이트와 층을 이루는 화산암 클라식 단위의 3D 상관관계를 통해 금 광물화에 대한 중대한 구조적 제어를 식별했습니다.
분석 결과는 상당한 금 광물화가 있는 중요한 화산 동기적 단층을 드러냈으며, 그 중 하나는 역사적인 채굴이 이루어진 메인 존에서 해석되었습니다. 2024년 시추에서 시멘트와 점토-황철광의 광범위한 영역에 있는 실리카 변성을 포함하는 유사한 구조가 웨스트 존에서 확인되었습니다. 이 실리카 정맥에서는 가시적인 금이 포함되어 있으며 (분석 결과 대기 중).
새로운 해석은 북서와 남동으로 뻗어 있는 단층 흔적을 보여주며, 여러 개의 평행 구조가 자기 매핑을 통해 확인되었습니다. 2024년 시추 프로그램은 웨스트 존을 새로운 관심 지역으로 설정했으며, 다수의 평행 정맥의 잠재력이 있음을 암시합니다.
Ximen Mining Corp (TSXV: XIM, OTC: XXMMF) a annoncé des résultats clés issus de la modélisation géologique de sa propriété d'or épithermale Brett, près de Vernon, en Colombie-Britannique. L'équipe technique de l'entreprise a identifié des contrôles structurels significatifs sur la minéralisation de l'or grâce à la corrélation 3D des unités volcanoclastiques intercalées avec des basaltes/andesites massifs.
L'analyse a révélé d'importantes failles synvolcaniques qui accueillent une minéralisation substantielle de l'or, avec une telle faille interprétée dans la zone principale où des activités minières historiques ont eu lieu. Une structure similaire a été identifiée dans la Zone Ouest, où les forages de 2024 ont intercepté d'importantes zones d'altération silice-argile-pyrite avec des filons de silice contenant de l'or visible (résultats d'analyse en attente).
La nouvelle interprétation montre des traces de failles s'étendant vers le nord-ouest et le sud-est, avec plusieurs structures sous-parallèles identifiées grâce à la cartographie magnétique. Le programme de forage de 2024 a établi la Zone Ouest comme une nouvelle zone d'intérêt, suggérant que la minéralisation est ouverte le long de la direction de la faille avec un potentiel pour plusieurs filons parallèles.
Ximen Mining Corp (TSXV: XIM, OTC: XXMMF) hat bedeutende Ergebnisse aus der geologischen Modellierung an seinem epithermalen Goldprojekt Brett nahe Vernon, BC, bekannt gegeben. Das technische Team des Unternehmens hat signifikante strukturelle Kontrollen der Goldmineralisierung durch 3D-Korrelation von vulkanoklastischen Einheiten identifiziert, die mit massiven Basalten/Andesiten durchsetzt sind.
Die Analyse ergab wichtige synvulkanische Störungen, die substantielle Goldmineralisierung beherbergen, wobei eine solche Störung in der Hauptzone interpretiert wurde, wo historische Minenaktivitäten stattfanden. Eine ähnliche Struktur wurde in der Westzone identifiziert, wo im Jahr 2024 Bohrungen umfangreiche Zonen von Silikaklein-Pyrit-Änderungen mit Silikatadern enthielten, die sichtbares Gold enthielten (Analyseergebnisse stehen aus).
Die neue Interpretation zeigt Störungsverläufe, die nordwestlich und südöstlich verlaufen, wobei mehrere parallele Strukturen durch magnetische Kartierung identifiziert wurden. Das Bohrprogramm 2024 hat die Westzone als neues Interessengebiet etabliert und deutet darauf hin, dass die Mineralisierung entlang der Streichrichtung offen ist und das Potenzial für mehrere parallele Adern bietet.
- Discovery of new structural controls on gold mineralization
- Identification of extensive mineralization zones in West Zone with visible gold
- Potential for multiple parallel/subparallel veins
- Mineralization remains open along strike
- Assay results from 2024 drilling still pending
- Historical records require further verification
Vancouver, British Columbia--(Newsfile Corp. - February 11, 2025) - Ximen Mining Corp. (TSXV: XIM) (FSE: 1XM) (OTC: XXMMF) (the "Company" or "Ximen") provides the following update on geological modelling at the Brett epithermal gold property, near Vernon in south-central B.C.
Cross-section of geological model showing interpreted synvolcanic faults based on the volcaniclastic units correlated in 3D. These faults are key hosts of epithermal gold mineralization.
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The Ximen technical team has identified a potentially significant structural control on gold mineralization at the Brett epithermal gold project. A new interpretation was done based on previous and new drill hole (2024) data. The interpretation consisted of correlation in 3D of the volcaniclastic units that are interlayered with massive basalts/andesites (see cross-section figure above). This analysis clearly shows significant abrupt changes in the thickness of these volcaniclastic layers. The abrupt thickness changes coincide with mapped fault zones, also evident in drill core, and provide evidence of synvolcanic faults. The recognition of these faults is important as these structures host a significant part of the gold mineralization. A synvolcanic fault is interpreted in the Main Zone where historic open pit and underground mining has been done. A similar structure is interpreted at the West Zone, where 2024 drilling intercepted extensive zones of silica-clay-pyrite alteration with silica veinlets that contain visible gold (assays are pending).
Map showing interpreted faults, drill hole collars and sulfide alteration zones. The background is a composite total field magnetic map from ground and airborne total magnetic intensity-reduced to pole (TMI-RTP) surveys. The faults are prospective targets for epithermal gold mineralization.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3028/240330_9405b546f42b4991_002full.jpg
This new interpretation enhances the understanding of the fault architecture of the Brett project and highlights the key role of these structures in hosting epithermal gold mineralization.
Furthermore, these faults have an expression on geophysical (magnetic) maps (see map below). Fault traces can be interpreted along strike towards both the NW and SE using the magnetic map, and several subparallel structures are identified within the map area. The 2024 drill program identified the West Zone to be a new zone of interest, and this structural analysis suggests excellent prospectivity in the western area of the Brett project. The results suggest that mineralization is open along strike as well as a potential for multiple parallel/subparallel veins.
Readers are cautioned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate.
Dr. Mathew Ball, P.Geo., VP Exploration for Ximen Mining Corp. and a Qualified Person as defined by NI 43-101, approved the technical information contained in this News Release.
On behalf of the Board of Directors,
"Christopher R. Anderson"
Christopher R. Anderson,
President, CEO and Director
604 488-3900
Investor Relations: 604-488-3900, ir@XimenMiningCorp.com
About Ximen Mining Corp.
Ximen Mining Corp. owns
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 1XM and WKN with the number as A2JBKL.
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
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240330
FAQ
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