May 9, 2025

Press Release

Ximen Mining Corp Update on Yankee Boy Historic Gold Mine Southern BC

Vancouver, B.C., May 9th, 2025 – Ximen Mining Corp. (TSX.v: XIM) (FSE: 1XM) (OTC: XXMMF) (the “Company” or “Ximen”) provides the update on its mineral property in the Greenwood mining camp in southern BC that covers the historic Yankee Boy mine.

Ximen owns subsurface mineral rights to the area in which the historic Yankee Boy gold mine is located, near Grand Forks, BC.  The Yankee Boy mine is typical of small historic mines in BC and was active intermittently between 1900 and 1936, with a total historic production record of 460 ounces of gold and 382 ounces of silver (BC Minfile).  While there is potential for discovery of additional mineralization at depth, this is not currently being targeted by Ximen.

The surface rights covering the historic abandoned mine are occupied by Mr. Schlichting, who built a residence and mining museum on the site. Schlichting has a history of exploring old underground mines in the region and publishing on YouTube videos that encourage followers.  Entering old underground mines is extremely dangerous and could easily result in injury, possibly fatal, when safety issues are ignored.  The Company has always discouraged these activities and in the case of the Yankee Boy, delivered a “Cease and Desist” letter to Schlichting after being notified of issues by the BC Ministry of Mines.

The Company has recently been advised by Mr. Schlichting that he will no longer provide tours of the museum or underground workings at Yankee Boy.

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.

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

FOLLOW XIMEN ON SOCIAL MEDIA FOR ALL THE LATEST UPDATES!

X: https://x.com/XimenMiningCorp
IG: https://www.instagram.com/ximenminingcorp/
FB: https://www.facebook.com/Ximenminingcorp/
IN: https://ca.linkedin.com/company/ximen-mining-corp
TT: https://www.tiktok.com/@ximenminingcorp
YT: https://www.youtube.com/@XimenMiningCorp


Get the latest news on Ximen Mining Corp: Drill results, project updates and industry news will be immediately released to email subscribers.


Projects Reports Investors

Unearth what makes us unique

A Solid Mining Company with Strong Ties to British Columbia

Learn More About Ximen Mining Corp