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.

08/22/2024 09:00 AM

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Ximen Mining Drilling Commences at Brett Epithermal Gold Project - Vernon BC

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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.

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07/23/2024 12:40 PM

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Ximen Mining Mobilizing Drill Crew to Brett Epithermal Gold Project, Vernon BC

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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.

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01/11/2024 01:31 PM

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Ximen Mining Announces Financing

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Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) announces a non-brokered private placement of 2.5 million units at $0.18 per unit, generating $450,000. Each unit includes one common share and one transferable common share purchase warrant. The net proceeds will fund exploration expenses and general working capital for the company's British Columbia mineral properties.

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01/03/2024 10:15 AM

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Ximen Mining Closes Financing

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Ximen Mining Corp. (XIM) closed a non-brokered private placement, issuing 2,500,000 flow through units at $0.20 each, resulting in $500,000 gross proceeds. The net proceeds will be used for exploration expenses on the Company's British Columbia mineral properties. The company also paid cash commissions and issued finder warrants. The financing closed in two tranches, subject to final TSX-V approval.

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01/02/2024 03:25 AM

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Ximen Mining Corp Announces a Clean Electricity Agreement With Energy Plug Technologies Corp

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Ximen Mining (TSX-V:XIM) has announced a two-phase clean electricity generation project with Energy Plug Technologies Corp (CSE: PLUG) and Renewable Energy Power to power the Kenville Gold Mine in Nelson BC. The project includes the installation of lithium-iron phosphate storage batteries connected to solar panels and a 1MW Battery Storage System (BESS) designed to accommodate large compressors, ventilation, and lighting for the mine site. This initiative aligns with Ximen Mining's zero-emission goals and targets a three-year return on investment while taking advantage of Clean Electricity and Clean Energy Tax Credit.

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12/15/2023 03:25 PM

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Ximen Mining Arranges Financing

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Ximen Mining Corp. (TSX.v:XIM)(FRA:1XMA)(OTCQB:XXMMF) is pleased to announce a non-brokered private placement of 2,500,000 flow through units at $0.20 per share, raising $500,000 for exploration expenses on the Company's British Columbia mineral properties. The flow-through shares will qualify as flow-through shares under the Income Tax Act, with an effective date no later than Dec. 31, 2023. Insiders may participate in the offerings and sell securities through the TSX Venture Exchange.

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12/12/2023 03:01 AM

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Ximen Mining Hole 8 Intersects McKinney Vein Again - Amelia Gold Project - Camp McKinney, BC

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Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) announces information from its eighth drill hole at the Amelia Gold project in Camp McKinney near Rock Creek in southern BC. The Cariboo-Amelia mine produced 81,602 ounces of gold and 32,439 ounces of silver from 112,254 tonnes milled. Hole AM23-08 intersected the extension of the McKinney vein beneath the eastern end of the historic mine.

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12/06/2023 03:01 AM

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Seventh Drill Hole at Amelia Gold Project Hits Mineralization - Camp McKinney, BC

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Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) announces initial information from its seventh drill hole at the Amelia Gold project in Camp McKinney near Rock Creek in southern BC. The 2023 drill holes are testing the main McKinney vein beneath the eastern end of the historic mine. A total of 1,846 meters of NQ sized core was drilled. The mineralized intercepts range in core length from 0.26 meters to 0.70 meters and contain pyrite, sphalerite, galena and chalcopyrite. Core samples will be sent for analysis once the geological logging and sampling is completed.

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11/30/2023 03:01 AM

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Ximen Mining Announces Effective Date of Share Consolidation

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Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) is proceeding with a consolidation of its Common Shares on a 5:1 basis, resulting in 29,942,879 Common Shares issued and outstanding. The consolidation will commence trading on the TSX Venture Exchange on December 4, 2023, without requiring shareholder approval. The exercise or conversion price and the number of Common Shares issuable under the Company's outstanding stock options will be proportionately adjusted upon completion of the Consolidation.

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11/29/2023 09:22 AM

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Ximen Concludes 2023 Drilling at Amelia Gold Project Camp McKinney, BC

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Ximen Mining Corp. (XIM) has completed its 2023 drill campaign for the Amelia Gold project in Camp McKinney near Rock Creek in southern BC. The company drilled eight NQ-size holes for a total of 2,064 meters and intersected the target vein in five holes. The mineralized intercepts contain pyrite, sphalerite, galena, chalcopyrite, and pyrrhotite. Ximen plans to continue testing the 4-kilometer long system of gold-quartz veins and historic workings at the mine.

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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.