Ximen Mining Corp V.XIM

Ximen Mining Mobilizing Drill Crew to Brett Epithermal Gold

[Flo66xx]

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

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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[wmbjk]

Public road access to the Brett site has been destroyed for more than a year, and the road on the property itself also requires substantial work. It would cost many hundreds of thousands to get heavy equipment to the site. Unless the company reports plans to address these issues it seems unlikely that any drilling etc. will be taking place.

[8WiseBull8]

Obviously you are wrong drilling is under way now ...

[wmbjk]

Yes, access was gained, drilling was completed, and only some wrap-up remains. Apparently they looked at fixing the Whitemans Rd. access but that was too expensive. Plus the main entrance area needs major work and is currently only accessible by narrow ATVs. They seem to have abandoned it. Instead they improved a rudimentary trail from the north. The absolute bare minimum was done and the heavy

[CheckingReality]

Access is tough, expensive to fix and any development would have locals and FN against it. IMHO