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.
Ximen Mining has received the Final Mines Act Permit for its Kenville Gold Mine in southeastern British Columbia as of April 20, 2023. This milestone allows the company to advance its operations at a historic site known for gold production since 1888. The permit includes essential activities such as establishing the Venango Portal, initiating an underground exploration drilling program of 20,250 metres, and setting up a Waste Rock Storage facility. The mine's historical records indicate production of 65,381 ounces of gold. Management emphasizes the commitment to making Kenville one of the greenest gold mines in the region. Currently, shares are trading at $0.16 on the OTCQB (XXMMF).
Ximen Mining Corp (OTCQB: XXMMF) announced on April 19, 2023, that it has received the Final Mines Act Permit for the Kenville Gold Mine in southeastern British Columbia. This project, which began operations in 1888, aims to become an environmentally-friendly gold mining operation. The permit allows for significant developments including a new decline shaft, underground exploration drilling of 20,250 meters, and construction of a waste rock storage facility. Several conditions must be met prior to commencing work, such as submitting engineering drawings and plans for water management infrastructure. The company is eager to advance the Kenville project and enhance its contribution to the gold mining industry in the region.
Ximen Mining Corp has announced it will post an additional reclamation security deposit of $83,000 at its Kenville Gold Mine project in southeastern British Columbia, bringing the total security to $103,800. This request from the Ministry of Energy, Mines and Low-Carbon Innovation indicates that permitting for the project is nearing completion. CEO Christopher R. Anderson expressed optimism about fulfilling reclamation obligations and moving forward with the project, which includes building water management infrastructure as soon as the snow melts. The Kenville project is poised for ground-breaking within months. The Company holds 100% interest in multiple precious metal projects in southern BC, including the Amelia Gold Mine and Treasure Mountain Silver Project.
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