Mr. Christopher Anderson reports

XIMEN MINING DRILLING COMMENCES AT BRETT EPITHERMAL GOLD PROJECT - VERNON BC

Ximen Mining Corp. has completed mobilizing crews and equipment, and is commencing the 2024 drill program at its Brett epithermal gold project near Vernon in Southern British Columbia.

All equipment including a diamond drill, D6 Cat, Hitachi excavator, and ancillary pumps and hoses has been mobilized to the Brett property, and a temporary camp has been established. Access trails have been reopened, and the drill is being moved onto the site of the first drill hole for 2024. Fieldwork, including prospecting and surveying activities, is also under way.

The drill program is designed to extend the most prominent mineralized zone at the Brett, at the Main zone to the southeast and at depth, and to test for extensions to the New Discovery zone (located east of the Main zone). Drill holes were designed and ranked using limits including gold soil anomalies, pathfinder element soil anomalies, resistivity, induced polarization chargeability, magnetic anomalies, very low frequency anomaly, lidar lineaments, porphyry proximity and high gold assay proximity.

The first drill hole is designed to confirm results of historic holes on the Main zone and test a western zone of anomalous gold.

The Brett project (20,043 hectares) covers low-sulphidation epithermal-style gold mineralization hosted in Eocene Penticton group volcanic rocks. Epithermal-style gold mineralization was discovered in 1983, and a 291-tonne surface bulk sample was shipped to the smelter at Trail, B.C., in the 1990s that averaged 27.74 grams per tonne gold and 63.7 grams per tonne silver (Brett 2017 National Instrument 43-101 report). Multiple zones of mineralization occur over a two-kilometre strike, including both bulk-minable and bonanza high-grade styles. Ximen conducted lidar and airborne magnetic surveys over parts of the Brett property in 2022. Interpretation, 3-D modelling and target refinement were then completed in preparation for the 2024 drilling program.

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, exploration, for Ximen, 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, Munich and Berlin stock exchanges in Germany under the symbols 1XMA and WKN with the number as A2JBKL.

We seek Safe Harbor.