22:06:11 EDT Fri 19 Apr 2024
Enter Symbol
or Name
USA
CA



Ximen Mining Corp (2)
Symbol XIM
Shares Issued 130,313,899
Close 2023-05-30 C$ 0.095
Market Cap C$ 12,379,820
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Ximen Mining obtains final permits for Kenville project

2023-05-31 13:48 ET - News Release

Mr. Christopher Anderson reports

KENVILLE GOLD MINE - ACTIVITY UPDATE - HISTORIC GOLD MINING DISTRICT - NELSON BC

Ximen Mining Corp. has provided an update on activities at its Kenville gold mine project in southeastern British Columbia.

The company has received its final permits under the Mines Act and Environmental Management Act and is now commencing engineering and other technical studies to meet conditions specified in the permits that are required prior to starting mine development. Current activities include:

  • Hydrogeological assessment and selection of sites for two ground water monitoring wells. The wells will be drilled once the selected sites are approved.
  • Commissioned engineering design of contact water capture and conveyance for area of new portal and rock dump.
  • Initial engineering review and assessment of drainage channel.
  • Filed application for explosives storage and use permit. Site inspection to be arranged.
  • Initiated mine engineering detailed design drawings for mine excavations including drill cut-outs, remuck cut-outs, safety bays and sumps.
  • Continuing water flow monitoring.

The engineering and environmental works are required to be completed and approved prior to starting underground mine development. The company is addressing these items concurrently in anticipation of starting underground as soon as possible.

Technical disclosure in this news release has been approved by Dr. Mathew Ball, PGeo, a qualified person as defined by National Instrument 43-101 and vice-president of exploration for Ximen Mining.

About Ximen Mining Corp.

Ximen Mining owns a 100-per-cent interest in three of its precious metal projects located in Southern British Columbia. Ximen's two gold projects are the Amelia gold mine and the Brett epithermal gold project. Ximen also owns the Treasure Mountain silver project adjacent to the past-producing Huldra silver mine. Currently, the Treasure Mountain silver project is under a option agreement. The option partner is making annual staged cash and stocks payments, as well as financing the development of the project. The company has also acquired control of the Kenville gold mine near Nelson, B.C., which comes with surface and underground rights, buildings and equipment.

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