June 30, 2022

Press Release

Ximen Mining Initiates Magnetic and Lidar Surveys at its 100% Owned Brett Epithermal Gold Property — Vernon BC

Vancouver, B.C., June 30, 2022 – Ximen Mining Corp. (TSX.v: XIM) (FRA: 1XMA) (OTCQB: XXMMF) (the “Company” or “Ximen”) announces that it is planning to conduct airborne magnetic and LIDAR geophysical surveys at its Brett property near Vernon in southern British Columbia.

The Brett epithermal gold property covers 20,000 hectares and 17 mineral occurrences located 30 kilometres west of Vernon, in southern B.C.   Drilling at the Brett project has been delayed due to the effects of last year’s wildfire.  The program for 2022 will now include a drone-based airborne magnetic survey and a helicopter LIDAR survey.  These new surveys are being done to provide base information for exploring extensions to the Main and parallel zones.

Image showing areas for airborne data collection at Brett Property

The magnetic survey will include 487 line-km to be flown at 50m spaced flight lines using a DRONE-MAG system, which consists of a multi-rotor UAV platform with a GSMP-35U potassium vapor magnetometer magnetometer, and GSM-19 Over Hauser base stations.

The LIDAR survey will consist of 54 km² of lidar and orthophoto data to be collected with a Phoenix Ranger Lidar scanner via a manned helicopter.

The magnetic results will be used to map the distribution of rock types beneath cover and identify possible de-magnetized zones associated with mineralization.  The LIDAR will be used for lineament analysis and as a detailed topographic base.

Readers are cautioned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate.

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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