Mr. Christopher Anderson reports

XIMEN MINING COMMENCES DRILLING WILD HORSE GOLD PROJECT

Ximen Mining Corp. has initiated a drill program at its Wild Horse gold project near Cranbrook in southeastern British Columbia.

The Wild Horse project covers source areas for the famous historic Wild Horse River placer gold deposit near Fort Steele and Cranbrook, in southeastern B.C. Bedrock gold was first discovered in this area as early as 1895 but an economic deposit has yet to be defined. Gold-bearing quartz veins and breccias were drilled in 2016 and 2021, on Ximen's Lone 4 claim, where there is potential for a bulk-minable gold deposit.Gold (ppb) in soil samples from 2009 Boulder Grid (Report 30952)

This year, Ximen will drill test an area to the northeast on its Boulder claim, where a 700-metre-by-300-metre gold-in-soil anomaly was previously identified (BC Assessment report 30952).

The drill will also test beneath an area of abundant boulders of syenite observed on the soil grid. In 2009 it was reported that four boulders of this syenite float were sampled, of which "three were anomalous in gold and one ran 4.1 grams of gold per ton" (Assessment report 34920). The syenite is believed to be part of the mid-Cretaceous felsic intrusive Bayonne plutonic suite that is spatially and possibly genetically related to gold mineralization in the Kimberley Gold Trend.

The area is transected by the Boulder Creek fault, a regional high-angle reverse fault that dips 60degree to 65degree to the northwest and is interpreted as an eastward continuation of the St. Mary fault (BC Geology Survey Bulletin 84). These faults are dominant structures associated with gold deposits in the Kimberley Gold Trend (Geoscience BC Map: 2015-13-01). The St. Mary-Boulder Creek structure is a major transverse fault system that is interpreted as a surface expression the Vulcan Low, a fundamental Precambrian basement transverse structure (McMechan, 2012; Canadian Journal of Earth Sciences, 2012 Vol. 49, p693). This provides a most favourable lithospheric architecture for controlling the location of gold deposits in terms of mineral systems modeling.

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.

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.

About Ximen Mining Corp.

Ximen Mining Corp. owns 100% interest in three of its precious metal projects located in southern BC. Ximen`s two Gold projects, 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 an option agreement. The option partner is making annual staged cash and stocks payments as well as funding the development of the project. The company has also acquired control of the Kenville Gold mine near Nelson British Columbia which comes with surface and underground rights, buildings and equipment and is now permitted for development.

Ximen is a publicly listed company trading on the TSX Venture Exchange under the symbol XIM, in the USA under the symbol XXMMF, and in Frankfurt, Munich, and Berlin Stock Exchanges in Germany under the symbol 1XMA and WKN with the number as A2JBKL.

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