August 14, 2020

Press Release

Ximen Starts Final Excavation for Kenville 257 Portal Installation, Moving Closer Towards Production

Vancouver, B.C., August 14, 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 continued with placement of screening above the portal site followed by the start of overburden excavation for placement of the steel culvert. Once the excavation is complete, 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 overburden will be backfilled around the portal culvert. After that has been completed the mine services (air and water lines) can be installed and connected to the underground workings. This will facilitate access to the mineralized areas outlined in the 2009 historic resource estimate (as described in a previous news release dated April 8, 2019).

Photo of new screening being placed by Hitachi 180 excavator

Photo of screen in place above excavation area.

Photo of start of overburden excavation above portal height.

Photo of start of excavation using excavator and loader.

The regulatory authorities have received the updated permit documents for the new decline and have now requested the Company to initiate a final submission and public notification. Approval of the new underground development program is anticipated once this process has been completed.

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,

On behalf of the Board of Directors,

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

Investor Relations: 604-488-3900,

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