July 29, 2020

Press Release

Ximen Progresses on Kenville 257 Portal Installation, One Step Closer Towards Production

Vancouver, B.C., July 29, 2020 – Ximen Mining Corp. (TSX.v: XIM) (FRA: 1XMA) (OTCQB: XXMMF) (the “Company” or “Ximen”) is pleased to provide the following update on progress at the Kenville Gold Mine project in the Nelson mining camp in southern British Columbia.

Work on the 257 portal is continuing non-stop under the direction of the company’s consultant geotechnical engineer and site manager. The slope above the portal has now been secured with geotechnical bolting to prevent any soil creep. Now the major excavation of gravel around the outside of the portal will start using an excavator and loader. Ximen recently purchased a new Hitachi 190 excavator for this work. Once the excavation is complete, screening will be installed and the bed for the steel culvert will be prepared. Preparation of the rock face and installation of steel and timber sets will be done prior to placement of the portal culvert. After the culvert is installed, the gravel backfill will be placed around the culvert. Finally, mine services (air and water lines) will be installed and connected to the underground workings. After everything that has been mentioned before has been completed the company can finally focus on producing the first Dore Bar.

Photo of new Hitachi 180 for Kenville portal excavation

Proactive Ximen Mining Video: https://youtu.be/C0BAdcN9-es

Kenville Mine: 257 Portal initial excavation

An updated collation of permit documents was submitted to the regulatory authorities to meet requirements for information. Approval of the new underground development program is anticipated once this material has been reviewed.

Photo of completely bolted and secured slope above portal site.

Kenville Mine: steel culvert for new 257 Portal

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
604 488-3900

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

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