Mr. Christopher Anderson reports

XIMEN MINING CORP COMPLETES 2024 DRILL PROGRAM AT ITS 100% OWNED BRETT EPITHERMAL GOLD PROPERTY - VERNON BC

Ximen Mining Corp. has completed hole 8 and is concluding its drill program at the Brett epithermal gold project near Vernon in Southern British Columbia.

Hole B24-08 was drilled from the same collar location as holes 5, 6 and 7 but was drilled to the northwest to test the extent of the West zone alteration zone. The hole passed approximately 100 metres along strike northwest of the visible gold intercept in hole 7.

Hole B24-08 intersected volcanic rocks throughout the hole, including massive basalt, basalt breccia and ash and lapilli tuff. An oxidized leached zone of argillic alteration was intersected from the top of bedrock at 4.5 metres to 8.3 metres depth. Multiple zones of intense clay-silica alteration with clay-gouge faults and silica-pyrite mineralization in veinlets and as breccia matrix were intersected, totalling 68.3 metres, or 35 per cent of the hole. The breccia is characterized in places by wavy and circular concentric bands of silica and pyrite and is interpreted to be a highly altered volcanic breccia.

The initial oxidized zone intersected in hole B24-08 correlates with weathered and argillic altered volcanic rocks in the tops of holes 5, 6 and 7. The underlying extensive zones of intense hydrothermal alteration and silica-pyrite veining and breccia appear to be characteristic of the West zone. Hole 8 further demonstrates that the West zone is a major alteration zone containing all the typical features of gold-bearing zones at the Brett property.

Hole 8 completes the 2024 drill program at the Brett property, with a total of 1,356.5 metres having been drilled. The drilling equipment will be demobilized before winter conditions set in, and core cutting and sampling will continue at the site. The initial objective of the drill program was to extend the Main zone to the southeast and at depth and to test altered zones that border and parallel the Main zone. Recognition of extensive alteration and the discovery of visible gold mineralization in hole 7 in the West zone shifted the focus for 2024 to this zone.

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.

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 Mining 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 owns 100-per-cent interest in three of its precious metal projects located in Southern British Columbia. Ximen owns 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 stock 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 on the Frankfurt, Munich and Berlin stock exchanges in Germany under the symbol 1XM and WKN, with the number as A2JBKL.

We seek Safe Harbor.