Ximen Mining Corp. is pleased to announce that its option partner GGX Gold Corp. provided an update on the last drill hole at the Gold Drop property in the Greenwood Mining Camp. Following an intensive drilling campaign on the C.O.D veins, the last hole drilled on the Gold Drop property in 2019, Hole AMT19-01, tested a large audio magnetotelluric geophysical anomaly that was identified on the property by Earth Science [...]
Ximen Mining Corp. provides on the Treasure Mountain Silver Property, located near Tulameen, B.C. The Treasure Mountain North Property consists of 43 mineral claims covering 10,918 hectares that are owned by Ximen Mining Corp. and optioned to New Destiny Mining Corp. The claims cover eight mineral occurrences including silver, gold, lead, zinc and copper, and numerous historic mine adits and trenches. This year, work [...]
Ximen Mining Corp. is pleased to announce that it has closed its non-brokered private placement previously announced on October 22, 2019. The placement consisted of 1,282,052 flow through shares at a price of $0.39 per share for gross proceeds of $500,000. 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 [...]
Ximen Mining Corp. is pleased to report When you think about the Kenville Gold Mine here are some things you need to consider: How is our underground gold mine going to come about? It will be developed by focusing on being clean, green, and making a small environmental footprint. We will fully utilize the opportunities that mother nature has provided us to make this operation electric and pneumatic, while creating [...]
Ximen Mining Corp. is pleased to announce that it has made its final payment on a royalty option agreement with Gungnir Resources Inc. Ximen Mining has now purchased all of Gungnir's remaining interest in its 4% gross metal royalty over the Kenville Gold Mine Property for total consideration of $1,700,000 . See news releases dated April 26 and May 24, 2019, for further details on the Kenville transaction. On behalf of the [...]
Ximen Mining Corp. announces that it's optionee GGX Gold Corp has released assay results for holes 19 to 27 drilled this season at the Gold Drop property in Greenwood, BC. Significant assay results were obtained in five of the eight holes, as provided in the table below. Hole From To Length Gold Silver Tellurium Description COD19-19 20.02 20.42 0.40 35.60 180.0 251 Quartz vein, visible gold COD19-19 20.42 20.87 0.45 7.07 [...]
Ximen Mining Corp. announces that it's optionee, GGX Gold Corp., has intersected mineralization in its drill test of the Stargate II geophysical anomaly. As of October 19, hole AMT19-01 had reached a depth of 658m. Magnetite mineralization was intersected at approximately 479 meters depth and continues intermittently to at least 577 meters depth . The magnetite is disseminated and occurs in millimeter-scale veinlets . Its [...]
Ximen Mining Corp. announces that it's partner GGX Gold Corp has released assay results for holes 11 to 18 drilled this season at the Gold Drop property in Greenwood, BC. Significant assay results were obtained in five of the eight holes, as provided in the table below. Hole From To Length Gold Silver Tellurium Description COD19-11 24.75 25.05 0.30 102.00 1185.0 418.0 Quartz vein, pyrite COD19-13 26.31 26.61 0.30 13.45 [...]
Ximen Mining Corp. The Company is pleased to announce that it has arranged a non-brokered private placement of 1,282,052 flow through shares at a price of $0.39 cents per share for gross proceeds of $500,000. 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 the Offering will be used by the Company for [...]
Ximen Mining Corp. announces that it's partner GGX Gold Corp has released assay results for the first ten holes drilled in 2019 at the Gold Drop property in Greenwood, BC. Significant assay results were obtained in five of the ten holes, as provided in the table below. Hole From To Length Gold Silver Tellurium Description COD19-01 28.36 28.74 0.38 145.00 1430.0 >500 Quartz vein, pyrite, telluride COD19-01 28.74 29.18 0.44 [...]
Ximen Mining Corp. wishes to announce that it is initiating work with Golden Dawn Minerals Inc. to do metallugical test work on material from the Kenville Gold Mine project in Nelson, BC. In the coming year, the Kenville Gold mine is expected to produce gold bearing material from planned mine development and bulk sampling. Ximen is therefore working with Golden Dawn Minerals now to collect a sample for metallurgical [...]
Ximen Mining Corp. announces that it's partner, GGX Gold Corp., has now started to drill test the Stargate II geophysical anomaly. The Stargate II anomaly, as previously announced in a news release dated July 3, is an airborne enhanced, deep-penetrating ultra-sonic audio magnetotelluric geophysical anomaly that was identified by Earth Science Services Corporation of Oshawa, Ontario . The anomaly is interpreted as a [...]