Mr. Christopher Anderson reports

XIMEN DRILLING EXTENDS VEIN AT AMELIA GOLD PROJECT CAMP MCKINNEY, BC

Ximen Mining Corp. has provided an update on progress on its drill program at the Amelia gold project in Camp McKinney near Rock Creek in Southern British Columbia. Core logging at Amelia project in October, 2023.

Drilling at the Amelia property is being done to test for extensions to the historic Cariboo-Amelia gold mine in Camp McKinney in the Greenwood mining division, British Columbia. Over its 68-year history, the Cariboo-Amelia mine produced 81,602 ounces of gold and 32,439 ounces of silver from 112,254 tonnes milled. The mine is part of a four-kilometre system of gold-quartz veins and historic workings.

Drilling is targeting the main Cariboo or McKinney vein beneath the eastern end of the historic mine. Five holes have been completed so far (total 1,333 metres) and a sixth hole is being drilled. The target vein was intersected in three holes (AM23-01, 03 and 05) ranging between 30 and 45 metres below mine level 6 and over a strike length of 88 metres.

The mineralized intercepts range in core length from 0.26 metre to 0.65 metre and contain pyrite, sphalerite, galena and chalcopyrite. This sulphide mineral assemblage is the same as that reported to occur in the vein where it was mined historically.

Holes AM23-03 and 04 intersected a mineralized vein about 50 metres south of the target vein that appears to be a new discovery of a parallel vein. The extent of this vein has yet to be determined.

The new results prove that the vein extends below the lowest mine workings and indicate there is potentially more to be mined. Core samples will be sent for analysis in due course.

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, PGeo, vice-president of exploration for Ximen Mining and a qualified person as defined by National Instrument 43-101, approved the technical information contained in this news release.

About Ximen Mining Corp.

Ximen owns a 100-per-cent interest in three of its precious metal projects located in Southern B.C. 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 an 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.

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

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