Ximen Mining Drilling Commences at Brett Epithermal Gold Project - Vernon BC
Ximen Mining Corp. (TSXV: XIM) (OTC Pink: XXMMF) has commenced its 2024 drill program at the Brett epithermal gold project near Vernon, BC. The company has mobilized equipment, including a diamond drill, D6 Cat, and Hitachi excavator, and established a temporary camp. The program aims to extend the Main Zone to the southeast and at depth, and test extensions of the New Discovery Zone.
Drill holes were designed using multiple parameters, including gold soil anomalies, geophysical data, and proximity to high gold assays. The Brett project covers 20,043 hectares of low-sulfidation epithermal-style gold mineralization. Historical results include a 291-tonne surface bulk sample averaging 27.74 g/t gold and 63.7 g/t silver. Multiple mineralized zones occur over a two-kilometer strike, featuring both bulk-mineable and high-grade styles.
Ximen Mining Corp. (TSXV: XIM) (OTC Pink: XXMMF) ha avviato il suo programma di perforazione per il 2024 presso il progetto aurifero epithermale Brett nei pressi di Vernon, BC. L'azienda ha mobilitato attrezzature, inclusi un trapano a diamante, un bulldozer D6 Cat e un escavatore Hitachi, e ha allestito un campo temporaneo. Il programma mira a estendere la Zona Principale verso sud-est e in profondità, e a testare le estensioni della Zona Nuova Scoperta.
I fori di perforazione sono stati progettati utilizzando molteplici parametri, tra cui anomalie aurifere nel suolo, dati geofisici e prossimità a elevati contenuti d’oro. Il progetto Brett copre 20.043 ettari di mineralizzazione aurifera di tipo epithermale a bassa solfatazione. I risultati storici includono un campione di superficie di 291 tonnellate con una media di 27,74 g/t d’oro e 63,7 g/t d’argento. Sono presenti più zone mineralizzate su un fronte di due chilometri, comprese sia stili minerari estrabili in massa che stili ad alta gradazione.
Ximen Mining Corp. (TSXV: XIM) (OTC Pink: XXMMF) ha comenzado su programa de perforación 2024 en el proyecto de oro epithermal Brett cerca de Vernon, BC. La compañía ha movilizado equipos, incluyendo un taladro de diamante, un bulldozer D6 Cat y un excavador Hitachi, estableciendo un campamento temporal. El programa tiene como objetivo extender la Zona Principal hacia el sureste y en profundidad, y probar las extensiones de la Zona de Nuevo Descubrimiento.
Los agujeros de perforación fueron diseñados utilizando múltiples parámetros, incluyendo anomalías de oro en el suelo, datos geofísicos y proximidad a altos ensayos de oro. El proyecto Brett cubre 20,043 hectáreas de mineralización de oro de tipo epithermal de baja sulfidación. Los resultados históricos incluyen una muestra de superficie de 291 toneladas que promedia 27,74 g/t de oro y 63,7 g/t de plata. Varias zonas mineralizadas se encuentran a lo largo de un frente de dos kilómetros, que presentan estilos tanto de extracción en masa como de alta ley.
Ximen Mining Corp. (TSXV: XIM) (OTC Pink: XXMMF)는 BC주 버논 근처의 Brett 중요 광구에서 2024년 채굴 프로그램을 시작했습니다. 회사는 다이아몬드 드릴, D6 Cat 불도저 및 히타치 굴착기를 포함한 장비를 동원하고 임시 캠프를 설립했습니다. 이 프로그램은 주요 구역을 남동쪽과 깊이로 확장하고 새로운 발견 구역의 확장을 시험하는 것을 목표로 하고 있습니다.
드릴 홀은 금이 함유된 토양 이상, 지구물리학적 데이터 및 높은 금 함량에 대한 인접성을 포함한 여러 매개변수를 사용하여 설계되었습니다. Brett 프로젝트는 저황화 에피서말 금 광화가 있는 20,043헥타르를 포함합니다. 역사적 결과로는 27.74g/t의 금 및 63.7g/t의 은을 평균한 291톤 규모의 표면 벌크 샘플이 있습니다. 여러 광화된 구역이 2킬로미터 스트라이크에 걸쳐 분포하며, 대량 채굴 가능한 스타일과 고등급 스타일이 모두 포함되어 있습니다.
Ximen Mining Corp. (TSXV: XIM) (OTC Pink: XXMMF) a lancé son programme de forage 2024 au projet aurifère épithermal Brett près de Vernon, BC. La société a mobilisé de l'équipement, y compris un foreur à diamant, un bulldozer D6 Cat et une excavatrice Hitachi, et a établi un camp temporaire. Le programme vise à étendre la zone principale vers le sud-est et en profondeur, et à tester les extensions de la nouvelle zone de découverte.
Les trous de forage ont été conçus en utilisant plusieurs paramètres, y compris des anomalies de sol en or, des données géophysiques et la proximité de fortes teneurs en or. Le projet Brett couvre 20,043 hectares de minéralisation d'or de style épithermal à faible sulfidation. Les résultats historiques incluent un échantillon de surface de 291 tonnes ayant une moyenne de 27,74 g/t d'or et 63,7 g/t d'argent. Plusieurs zones minéralisées se trouvent sur une étendue de deux kilomètres, avec des styles à la fois exploitables en vrac et de haute teneur.
Ximen Mining Corp. (TSXV: XIM) (OTC Pink: XXMMF) hat sein Bohrprogramm für 2024 im Brett epithermalen Goldprojekt in der Nähe von Vernon, BC, begonnen. Das Unternehmen hat Ausrüstung mobilisiert, darunter einen Diamantbohrer, einen D6 Cat und einen Hitachi-Bagger, und ein temporäres Camp eingerichtet. Ziel des Programms ist es, die Hauptzone nach Südosten und in die Tiefe auszuweiten und die Erweiterungen der Neuen Entdeckungszone zu testen.
Die Bohrlöcher wurden unter Verwendung mehrerer Parameter entworfen, darunter Goldanomalien im Boden, geophysikalische Daten und die Nähe zu hohen Goldgehalten. Das Brett-Projekt umfasst 20.043 Hektar mit goldhaltiger mineralisierung im epithermalen Stil mit niedriger Sulfidation. Historische Ergebnisse umfassen eine 291-Tonnen-Oberflächenmusterprobe mit einem Durchschnitt von 27,74 g/t Gold und 63,7 g/t Silber. Mehrere mineralisierte Zonen erstrecken sich über einen zwei Kilometer langen Streifen und beinhalten sowohl grob abbaubare als auch hochgradige Stile.
- Commencement of 2024 drill program at Brett epithermal gold project
- Historical bulk sample yielded 27.74 g/t gold and 63.7 g/t silver
- Multiple mineralized zones over a two-kilometer strike
- Comprehensive drill hole planning using various geological and geophysical parameters
- None.
Vancouver, British Columbia--(Newsfile Corp. - August 22, 2024) - Ximen Mining Corp. (TSXV: XIM) (FSE: 1XM) (OTC Pink: XXMMF) (the "Company" or "Ximen") announces that it has completed mobilizing crews and equipment and is commencing the start of the 2024 drill program at its Brett epithermal gold project near Vernon in southern BC.
All equipment including a diamond drill, D6 Cat, Hitachi excavator and ancillary pumps and hoses have been mobilized to the Brett property and a temporary camp has been established. Access trails have been re-opened and the drill is being moved onto the site of the first drill hole for 2024. Field work, including prospecting and surveying activities are also underway.
Photos from Brett Project: Unloading equipment (left) and temporary camp (right)
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Map of Mineralized Zones at Ximen's Brett Project
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The drill program is designed to extend the most prominent mineralized zone at the Brett, the Main Zone to the southeast and at depth, and to test for extensions to the New Discovery Zone (located east of the Main Zone). Drill holes were designed and ranked using parameters including gold soil anomalies, pathfinder element soil anomalies, resistivity, IP chargeability, magnetic anomalies, VLF anomaly, LiDAR lineaments, porphyry proximity, and high gold assay proximity.
The first drill hole is designed to confirm results of historic holes on the Main Zone and test a western zone of anomalous gold (see Figure 1)
Figure 1. Longitudinal (left) and Cross Section (right) showing first planned hole for 2024
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The Brett project (20,043 hectares) covers low-sulfidation epithermal-style gold mineralization hosted in Eocene Penticton Group volcanic rocks. Epithermal-style gold mineralization was discovered in 1983, and a 291 tonne surface bulk sample was shipped to the smelter at Trail, BC in the 1990's that averaged 27.74 grams per tonne gold and 63.7 grams per tonne silver (Brett 2017 NI 43-101 report). Multiple zones of mineralization occur over a two kilometer strike, including both bulk-mineable and bonanza high grade styles. Ximen conducted LiDAR and airborne magnetic surveys over parts of the Brett property in 2022. Interpretation, 3D modeling and target refinement were then completed in preparation for the 2024 drilling program.
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.
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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 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.sedarplus.ca 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/220720
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