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Bullboard - Stock Discussion Forum Ximen Mining Corp V.XIM

Alternate Symbol(s):  XXMMF

Ximen Mining Corp. is a Canada-based exploration company, which is engaged in the acquisition, exploration, and evaluation of its mineral property interests located in British Columbia (BC). The Company’s Brett Gold Project is situated in the North Okanagan region of southwest British Columbia approximately 29 kilometers (km) west of Vernon. Its Gold Drop Property is located about nine... see more

TSXV:XIM - Post Discussion

Ximen Mining Corp > Ximen Mining Mobilizing Drill Crew to Brett Epithermal Gold
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Post by Flo66xx on Jul 23, 2024 2:54pm

Ximen Mining Mobilizing Drill Crew to Brett Epithermal Gold

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.

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Photo showing worker locating a drill hole in the field.

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https://images.newsfilecorp.com/files/3028/217442_cf520b4d3455399a_001full.jpg

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.

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Map of Mineralized Zones at Ximen's Brett Project.

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https://images.newsfilecorp.com/files/3028/217442_cf520b4d3455399a_002full.jpg

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Longitudinal Section showing Gold Zones at Brett Epithermal Gold Deposit

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Comment by wmbjk on Jul 23, 2024 6:32pm
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.
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