Ximen Mining Mobilizing Drill Crew to Brett Epithermal Gold Project, Vernon BC
Ximen Mining Corp. (TSXV: XIM) (OTC Pink: XXMMF) is mobilizing crews and equipment to commence the 2024 drill program at its Brett epithermal gold project near Vernon, BC. The project, spanning 20,043 hectares, covers low-sulfidation epithermal-style gold mineralization in Eocene Penticton Group volcanic rocks. Discovered in 1983, a 291-tonne surface bulk sample shipped to Trail, BC in the 1990s 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. Ximen conducted LiDAR and airborne magnetic surveys in 2022, followed by interpretation, 3D modeling, and target refinement for the upcoming drilling program.
Ximen Mining Corp. (TSXV: XIM) (OTC Pink: XXMMF) sta mobilitando squadre e attrezzature per dare il via al programma di perforazione 2024 nel suo progetto di oro epithermale Brett, situato vicino a Vernon, BC. Il progetto, che si estende per 20.043 ettari, copre la mineralizzazione aurifera epithermale a bassa solfatazione nelle rocce vulcaniche del Gruppo Penticton dell'Eocene. Scoperto nel 1983, un campione superficiale di 291 tonnellate spedito a Trail, BC negli anni '90 ha mostrato una media di 27,74 g/t di oro e 63,7 g/t di argento. Diverse zone di mineralizzazione si trovano su un tracciato di due chilometri, incluse stili di estrazione di massa e di alta qualità. Ximen ha condotto sondaggi LiDAR e magnetici aerei nel 2022, seguiti da interpretazione, modellazione 3D e affinamento degli obiettivi per il prossimo programma di perforazione.
Ximen Mining Corp. (TSXV: XIM) (OTC Pink: XXMMF) está movilizando equipos y personal para iniciar el programa de perforación 2024 en su proyecto de oro epithermal Brett cerca de Vernon, BC. El proyecto, que abarca 20,043 hectáreas, cubre una mineralización de oro epithermal de baja sulfidación en las rocas volcánicas del Grupo Penticton del Eoceno. Descubierto en 1983, una muestra masiva de superficie de 291 toneladas enviada a Trail, BC en los años 90 promedió 27.74 g/t de oro y 63.7 g/t de plata. Múltiples zonas de mineralización se extienden a lo largo de un trazado de dos kilómetros, incluyendo estilos de minería a gran escala y de alta ley. Ximen realizó estudios LiDAR y magnéticos aéreos en 2022, seguidos de interpretación, modelado 3D y refinamiento de objetivos para el próximo programa de perforación.
Ximen Mining Corp. (TSXV: XIM) (OTC Pink: XXMMF)는 팀과 장비를 동원하여 BC주 Vernon 근처에 있는 Brett 에피 더말 금 프로젝트에서 2024년 시추 프로그램을 시작합니다. 이 프로젝트는 20,043헥타르에 걸쳐 있으며 Eocene Penticton Group 화산암에서 저황화 에피더말 스타일의 금 광물화를 포함합니다. 1983년에 발견된 이 프로젝트는 1990년대에 Trail, BC로 운송된 291톤의 표면 대량 샘플이 27.74 g/t의 금과 63.7 g/t의 은을 평균적으로 보여주었습니다. 여러 개의 광물화 구역이 2킬로미터 구간에 걸쳐 발생하며, 대규모 채굴 및 고품질 스타일이 포함됩니다. Ximen은 2022년에 LiDAR 및 공중 자기 조사를 실시하고, 이후 해석, 3D 모델링 및 향후 시추 프로그램을 위한 타겟 정제를 진행했습니다.
Ximen Mining Corp. (TSXV: XIM) (OTC Pink: XXMMF) mobilise des équipes et du matériel pour commencer le programme de forage 2024 sur son projet d'or épithermal Brett près de Vernon, en Colombie-Britannique. Le projet s'étend sur 20 043 hectares et couvre une minéralisation aurifère épithermale à faible sulfidation dans les roches volcaniques du groupe Penticton de l'Éocène. Découvert en 1983, un échantillon de surface de 291 tonnes expédié à Trail, BC dans les années 1990 a montré une moyenne de 27,74 g/t d'or et 63,7 g/t d'argent. Plusieurs zones de minéralisation se poursuivent sur deux kilomètres, y compris des styles exploitables en vrac et de haute qualité. Ximen a réalisé des enquêtes LiDAR et magnétiques aériennes en 2022, suivies d'interprétations, de modélisations 3D et d'affinements des cibles pour le programme de forage à venir.
Ximen Mining Corp. (TSXV: XIM) (OTC Pink: XXMMF) stellt Teams und Ausstattung zusammen, um das Bohraufprogramm 2024 in seinem Brett epithermalen Goldprojekt in der Nähe von Vernon, BC zu beginnen. Das Projekt erstreckt sich über 20.043 Hektar und umfasst niedrig-sulfidationsepitermales Goldvorkommen in den vulkanischen Gesteinen der Eozän Penticton-Gruppe. Entdeckt im Jahr 1983, wies eine 291-Tonnen-Oberflächenmasseprobe, die in den 1990er Jahren nach Trail, BC verschifft wurde, einen Durchschnitt von 27,74 g/t Gold und 63,7 g/t Silber auf. Mehrere Mineralisationszonen erstrecken sich über einen zwei Kilometer langen Streifen, einschließlich großflächig abbaubaren und hochgradigen Stilen. Ximen führte 2022 LiDAR- und luftgestützte magnetische Untersuchungen durch, gefolgt von Auswertung, 3D-Modellierung und Zielverfeinerung für das bevorstehende Bohrprogramm.
- Commencement of 2024 drill program at Brett epithermal gold project
- Historical bulk sample yielded high-grade results (27.74 g/t gold, 63.7 g/t silver)
- Multiple mineralization zones over a two-kilometer strike
- Recent LiDAR and airborne magnetic surveys completed for target refinement
- None.
Vancouver, British Columbia--(Newsfile Corp. - July 23, 2024) - Ximen Mining Corp. (TSXV: XIM) (FSE: 1XM) (OTC Pink: XXMMF) (the "Company" or "Ximen") announces that it is mobilizing crews and equipment to start the 2024 drill program at its Brett epithermal gold project near Vernon in southern BC.
Photo showing worker locating a drill hole in the field.
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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.
Map of Mineralized Zones at Ximen's Brett Project.
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Longitudinal Section showing Gold Zones at Brett Epithermal Gold Deposit
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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
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