October 29, 2019

Press Release

Ximen Mining Reports Further Drill Assays Gold Drop, Historic Greenwood Mining Camp

Vancouver, B.C. – October 29, 2019 – Ximen Mining Corp. (TSX.v: XIM) (FRA: 1XMA) (OTCQB:XXMMF) (the “Company” or “Ximen”) 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.

Abbreviations: m=meters, g/t = grams per tonne, ppm = parts per million (equivalent to grams per tonne). The lengths reported in the tables above and below are core interval lengths and not true widths; there is insufficient information to estimate true thickness.

The weighted average grades for the intercepts in holes 19, 23, 25, and 27 are as follows:

The drilling tested above, below and along strike of the best intercepts from 2018 (refer to news release dated February 27, 201). The results continue to confirm the presence of potentially economic mineralization in the COD vein at the Gold Drop property.

Analytical results reported above were provided by ALS Laboratories in North Vancouver, BC., which is an independent and accredited commercial laboratory. Analyses for gold were done by fire assay with AA finish on 50 gram sub-samples, or by metallics sieve analyses. Analyses for silver and tellurium were by four acid digestion with ICP-MS finish. Silver results greater than 100 ppm were reanalyzed using a four-acid digestion and ICP-AES or AAS finish on a 0.4g sub-sample. Quality control was monitored using analytical results for reference standards and blank samples inserted into the sample stream at a frequency of 5% each.

Dr. Mathew Ball, P.Geo., VP Exploration for Ximen Mining Corp. and a Qualified Person as defined by NI 43-101, approved the technical information contained in this News Release.

Investor Relations: Sophie Cesar, 604-488-3900,ir@XimenMiningCorp.com

On behalf of the Board of Directors,

Christopher R. Anderson,
President, CEO and Director
604 488-3900

Investor Relations: 604-488-3900, ir@XimenMiningCorp.com

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