Ximen Mining Corp.

VANCOUVER, BC / ACCESSWIRE / February 20, 2020 - Ximen Mining Corp. announces that that it has entered into a Property Purchase Agreement dated February 14, 2020 with Klondike Gold Corp. for the acquisition of 100% of all of Klondike's British Columbia properties totalling 98 mineral claims covering 4,171 hectares and one Crown Granted mineral claim of 8.7 hectares located in the southeastern part of the province. The [...]

Ximen Mining Corp. wishes to announce that is has verified gold assays for previous drill core from the Kenville gold mine at Nelson in southern BC. As part of on-going metallurgical studies on material from the Kenville gold mine, Ximen submitted a series of samples collected from drill core and bulk sample material that was generated by previous operators. A total of 13 drill core samples were collected from selected [...]

Ximen Mining Corp. is pleased to announce that it has closed a tranche of its drawdown equity financing facility with Alumina Partners Ltd., an affiliate of New York-based private equity firm Alumina Partners LLC. In this tranche closed on February 10, 2020, the Company drew down $150,000 from Alumina with Alumina receiving 470,588 units of Ximen consisting of a common share priced at $0.31875 per share and a 36-month [...]

Ximen Mining Corp. is pleased to announce that it is proceeding with a shares-for-debt filing to pay outstanding debts of $270,000.00. Approximately 771,428 shares in the capital stock of the Company will be issued to pay these outstanding payables. The shares-for-debt agreement is subject to TSX Venture Exchange acceptance and, if issued, will be subject to the customary four-month hold period. The Company also announces [...]

Ximen Mining Corp. wishes to announce that is has increased its mineral claim holdings in Nelson and Greenwood areas in southern BC. Ximen has agreed to purchase from a private individual 100% interests in the California Gold Nelson mineral claim in the Nelson Gold Camp, and the CMM mineral claim in the Camp McKinney Gold Camp. Both claims are in good standing with the California Nelson Gold claim good to 2025. There are [...]

Ximen Mining Corp. provides the following update on its plans for developing The Kenville gold mine and Brett Epithermal Gold Project in southern BC. In 2019, Ximen acquired the former producing Kenville gold mine along with all existing permits, infrastructure and equipment. The Company then initiated permitting to develop a new 1200 metre decline and do underground drilling. Once this work gets underway, the Company [...]

Ximen Mining Corp. wishes to announce that it is planning a comprehensive exploration program for 2020 at its 100% owned historic Amelia gold mine property at Camp McKinney in southern British Columbia. In 2019, Ximen assembled a land position covering 1718 hectares surrounding and including the historic Amelia gold mine . Historic production from the Cariboo-Amelia was 81,602 ounces of gold, 32,439 ounces of silver [...]

Ximen Mining Corp. is pleased to announce the last assay results from 2019 obtained by its option partner GGX Gold Corp. at the Gold Drop property in the Greenwood Mining Camp. Results are provided for the last hole drilled on the COD vein, surface prospecting samples, and the deep drill hole that tested a large geophysical anomaly. The last hole drilled on the COD vein, Hole COD19-49 was drilled to test the COD vein at [...]

Ximen Mining Corp. provides an update on the Treasure Mountain Silver Property currently under option with New Destiny Mining Corp. . Results were received for drilling conducted this past season at its Treasure Mountain Silver Property, located near Tulameen, B.C. Analytical results were received for drilling completed at the Lucky Todd copper-gold prospect this past season. Four diamond drill holes were completed that [...]

Ximen Mining Corp. is pleased to announce that it has closed its non-brokered private placement previously announced on December 11, 2019. The placement consisted of 897,437 flow through shares at a price of $0.39 per share for gross proceeds of $350,000. Each Flow-Through share consists of one common share that qualifies as a "flow-through share" as defined in subsection 66 of the Income Tax Act. The net proceeds from [...]