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Ximen Mining Corp (3)
Symbol XIM
Shares Issued 60,466,465
Close 2026-05-07 C$ 0.07
Market Cap C$ 4,232,653
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Ximen talks Kenville mine water retention plan

2026-05-08 16:34 ET - News Release

Mr. Christopher Anderson reports

XIMEN MINING CORP WATER RETENTION PLAN NEXT STEP FOR KENVILLE MINE PROJECT

Ximen Mining Corp. has provided an update on its Kenville mine project, located in the historic Nelson mining camp in southeastern British Columbia.

The company reports that its engineering and environmental consultants were on the mine site last week to co-ordinate their input on completion of a water retention works design. The engineered design is required to be submitted to the Ministry of Energy and Critical Minerals for approval prior to commencement of construction. This item is required prior to mine construction under the Mines Act permit for the Kenville mine project.

This is a key step in the work being done by the company to advance this project toward construction of the new underground decline. The objective of the decline is to access multiple gold-bearing quartz veins in the areas west and south of the historic mine that were intersected in surface drill holes.

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

About Ximen Mining Corp.

Ximen Mining acquired the Kenville gold mine near Nelson, B.C., including all surface and underground property and mineral rights, buildings, and equipment. The company also owns 100-per-cent interest in three of its precious metal projects located in Southern B.C., including 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.

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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