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Ximen Mining Corp (3)
Symbol XIM
Shares Issued 57,222,715
Close 2025-02-11 C$ 0.125
Market Cap C$ 7,152,839
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Ximen continues geological work at Brett

2025-02-11 18:16 ET - News Release

Mr. Christopher Anderson reports

XIMEN MINING CORP UNRAVELS KEY CONTROL ON GOLD MINERALIZATION AT ITS 100% OWNED BRETT EPITHERMAL GOLD PROJECT - VERNON BC

Ximen Mining Corp. has provided an update on geological modelling at the Brett epithermal gold property, near Vernon in south-central British Columbia.

The Ximen technical team has identified a potentially significant structural control on gold mineralization at the Brett epithermal gold project. A new interpretation was done based on previous and new drill hole (2024) data. The interpretation consisted of correlation in 3-D of the volcaniclastic units that are interlayered with massive basalts/andesites. This analysis clearly shows significant abrupt changes in the thickness of these volcaniclastic layers. The abrupt thickness changes coincide with mapped fault zones, also evident in drill core, and provide evidence of synvolcanic faults. The recognition of these faults is important as these structures host a significant part of the gold mineralization. A synvolcanic fault is interpreted in the Main zone where historic open pit and underground mining has been done. A similar structure is interpreted at the West zone, where 2024 drilling intercepted extensive zones of silica-clay-pyrite alteration with silica veinlets that contain visible gold (assays are pending).

This new interpretation enhances the understanding of the fault architecture of the Brett project and highlights the key role of these structures in hosting epithermal gold mineralization.

Furthermore, these faults have an expression on geophysical (magnetic) maps. Fault traces can be interpreted along strike toward both the NW (northwest) and SE (southeast) using the magnetic map, and several subparallel structures are identified within the map area. The 2024 drill program identified the West zone to be a new zone of interest, and this structural analysis suggests excellent prospectivity in the western area of the Brett project. The results suggest that mineralization is open along strike as well as a potential for multiple parallel/subparallel veins.

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 Mining owns a 100-per-cent interest in three of its precious metal projects located in Southern British Columbia. 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, 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 symbol 1XM and WKN with the number as A2JBKL.

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