Vancouver, B.C., May 28, 2020 – Ximen Mining Corp. (TSX.v: XIM) (FRA: 1XMA) (OTCQB: XXMMF) (the “Company” or “Ximen”) is pleased to announce it is mobilizing crews and equipment for exploration drilling and trenching on properties near Greenwood in southern British Columbia.
The field season will begin in June with drilling and trenching activities, as well as general geological investigations and rock sampling. Importantly this year, preparations for field programs will first start with development and implementation of protocols and measures to prevent and control the risk of transmission of COVID-19.
Exploration field activities will commence on the permitted Providence property, where previous investigations identified an historic mine on a polymetallic silver vein target and a number of outcropping sulphide showings with copper-gold-silver skarn and/or vein type mineralization.
Massive sulphide from historic pit. 0.23% copper and 3.4 g/t silver
Vein quartz from historic mine 3.87 g/t gold and 100 g/t silver
Following completion of compilation work and initial field examinations, permit applications will be made for the nearby Amelia and Bud-Elk properties where gold-quartz veins and gold-copper skarn mineralization has been explored and mined historically. Trenching and drilling is planned for these properties.
Photos of historic mine site on Ximen’s Providence mineral claim – evidence of significant excavation work done in the past.
As the season progresses, work will also be done on Ximen’s many other promising properties in southern B.C., including the Brett epithermal gold property, the Treasure Mountain silver property, the Quartz Mountain gold property, and the Hughes copper-silver property.
Analyses disclosed in this release were conducted by ALS Global – Geochemistry Analytical Lab in North Vancouver, BC, Canada. ALS is an independent, fully accredited commercial laboratory. Gold was determined by the fire assay method using a 50 gram sample weight. Other metals were analyzed as part of a 33-element package using a four acid digestion and determination by ICP-AES.
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: Sophy Cesar, 604-488-3900, ir@XimenMiningCorp.com
On behalf of the Board of Directors,
Christopher R. Anderson,
President, CEO and Director