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Ximen Mining - 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 British Columbia-based explorer focused on advanced precious metals projects, including its flagship Brett epithermal gold property. This page serves as the definitive source for official company announcements, operational updates, and exploration progress reports.

Investors and industry observers will find curated press releases detailing drill program results, geophysical survey findings, and strategic partnership developments. Our repository includes updates on resource modeling advancements, permit acquisitions, and corporate financial disclosures.

All content is organized chronologically for efficient tracking of the company's exploration initiatives across multiple assets. Key areas of coverage include Brett Project expansion updates, Amelia Gold Mine evaluations, and Kenville Gold Mine infrastructure developments.

Bookmark this page for direct access to unfiltered operational updates from Ximen Mining's technical team. Check regularly for new insights into gold-silver mineralization targets and evolving exploration strategies in Canada's prolific mining regions.

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Ximen Mining Corp (TSXV: XIM) has provided an update on hole 2 of its current drill program at the Brett epithermal gold project near Vernon, BC. Hole B24-02 was drilled to test down dip of a previous intercept in hole 04-06, which reported 11.35 g/t gold over 1.3 meters. The new hole encountered alternating units of volcanic flow and breccia, followed by bedded tuff and more volcanic flow.

Several intensely clay-silica altered zones with abundant pyrite mineralization and fault gouge were intersected, totaling 18.34 meters or 16% of the hole length. The altered zones are related to the Main Zone, with minor amethystine quartz occurring in the last meter correlating with the target intercept in Hole B04-06.

The Brett project covers 20,043 hectares of low-sulfidation epithermal-style gold mineralization. The project's objective is to extend the Main Zone to the southeast and at depth, and to test for extensions to the New Discovery Zone.

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Ximen Mining Corp (TSXV: XIM, OTC: XXMMF) has completed the first hole of its 2024 drill program at the Brett epithermal gold project near Vernon, BC. The program aims to extend the Main Zone and test extensions of the New Discovery Zone. Hole B24-01 targeted the Main Zone, intersecting a hydrothermally altered and faulted zone with clay alteration and fault gouge containing vein quartz fragments with disseminated pyrite.

A second hole is being drilled to test down dip of a previous intercept in hole 04-06, which reported 11.35 g/t gold over 1.3 meters. The Brett project covers 20,043 hectares of low-sulfidation epithermal-style gold mineralization. Historical records indicate a 291-tonne surface bulk sample 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.

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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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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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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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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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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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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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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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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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