Ximen Mining Corp Kenville Gold Mine Progress. Nelson BC
VANCOUVER, September 17, 2019 - Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the “Company” or “Ximen”) provides the following progress update on its 100% owned Kenville Gold Mine project in Nelson, BC.
Work at the Kenville Gold mine site is steadily progressing toward starting the new decline. The grounds and buildings have been cleaned and powered. Overburden stripping has been completed at the new portal site. The site is now ready to start breaking ground for the new portal.
Permit updates for the water discharge permit have been submitted to and received by the BC Ministry of Mines and Petroleum Resources and the BC Ministry of Environment. Masse Environmental Consultants was engaged, previously on the property to do a one-year property wide quality water baseline study and was retained again this year to update the water baseline study and complete a full suite of water samples. The samples collected and analyzed demonstrated good water quality and continuity. The discharge water is clean enough to drink (see photo below).
Photo of CEO Chris Anderson drinking water from the Kenville mine discharge (September 6, 2019).
“ Over the years several water bottling companies have proposed and pursued the company for the propose of bottling the Kenville mines water discharge for commercial operations, The water quality more than exceeds BC Drinking Water Quality Guide lines, so I thought I would try it myself, it proved to be a fantastic way to quench my thirst.” States Anderson CEO Ximen Mining
A site visit was conducted by the BC Ministry of Environment. They were quite positive about the project and the proposed water discharge. They responded with some additional information requirements for the permit to be issued.
A consulting firm was engaged to analyze the potential for acid rock drainage for waste rock from the new underground drive. Samples of core from the area of the planned decline were collected for analysis and have been submitted to the lab. The host rock that encompasses the entire mine site is made up of diorite. Previously the rock has been tested by the company with independent labs and this proved to be acid neutralizing, we are currently reconfirming this analysis.
Nelson Power was on site recently and installed a new power pole near the new proposed portal site. This will allow for connection to the new line for a 3-phase installation that will power the ventilation air system, compressors and pumps making the operation completely electric. With electricity generated from the Kootenays hydro dam. An Additional meter and wiring will be installed soon. As well a load of material was delivered for the new roof for the sea-can that will be used for the electrical and compressor house. A layer of crushed rock will be put down as a base for this building.
Dr. Mathew Ball, P.Geo., VP Exploration for Ximen Mining Corp. and a Qualified Person as defined by NI 43-101, approved the technical information contained in this News Release.
“Christopher R. Anderson”On behalf of the Board of Directors,
Christopher R. Anderson,
President, CEO and Director
Investor Relations: Sophie Cesar , 604-488-3900 ir@XimenMiningCorp.com
About Ximen Mining Corp.
Ximen Mining Corp. owns 100% interest in three of its precious metal projects located in southern BC. 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 option agreements. The option partners are making annual staged cash and stocks payments as well as funding the development of the project. The company has recently acquired control of the Kenville Gold mine near Nelson British Columbia which comes with surface and underground rights buildings and equipment as well as a permit for the construction of an underground decline.
Ximen is a publicly listed company trading on the TSX Venture Exchange under the symbol XIM, in the USA under the symbol XXMMF, and in Frankfurt, Munich, and Berlin Stock Exchanges in Germany under the symbol 1XMA and WKN with the number as A2JBKL.This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Ximen Mining Corp.
888 Dunsmuir Street - Suite 888,
Vancouver, B.C., V6C 3K4
SOURCE: Ximen Mining Corp.
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