Ximen Mining launches magnetic and lidar surveys on its 100% owned epithermal Brett gold property


VANCOUVER, BC / ACCESSWIRE / June 30, 2022 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the “Company” or “Ximen”) announces that it plans to conduct airborne magnetic and LIDAR geophysical surveys on its Brett property near Vernon in southern British Columbia.

The epithermal Brett gold property covers 20,000 hectares and 17 mineral occurrences located 30 kilometers west of Vernon in southern British Columbia. Drilling at the Brett project has been delayed due to the effects of last year’s forest fire. The program for 2022 will now include an airborne magnetic survey by drone and a helicopter-borne LIDAR survey. These new surveys are carried out to provide basic information to explore the extensions of the main and parallel zones.

Ximen Mining Corp., Thursday, June 30, 2022, photo from press release

Image showing airborne data collection areas on the Brett property.

The magnetic survey will consist of 487 line km to be flown on flight lines spaced 50 m apart using a DRONE-MAG system, which consists of a multi-rotor UAV platform with a GSMP potassium vapor magnetometer. -35U and a GSM-19 Over Hauser base. stations.

The LIDAR survey will consist of 54 km² of lidar and orthophoto data to be collected with a Phoenix Ranger Lidar scanner via a manned helicopter.

The magnetic results will be used to map the distribution of rock types under cover and identify possible demagnetized zones associated with mineralization. LIDAR will be used for lineament analysis and as a detailed topographic base.

Ximen Mining Corp., Thursday, June 30, 2022, photo from press release

Ximen Mining Corp., Thursday, June 30, 2022, photo from press release

The technical disclosure in this press release has been approved by Dr. Mathew Ball, P.Geo., Vice President of Exploration for Ximen Mining Corp. and a qualified person as defined by National Instrument 43-101.

Readers are cautioned that the historical documents referred to in this press release have been reviewed but not verified by a qualified person. Further work is required to verify that the historical records referenced in this press release are accurate.

On behalf of the Board of Directors,

Christopher R. Anderson

Christopher R. Anderson,
President, CEO and Director
604 488-3900

Investor Relations:

Ximen Mining Corp., Thursday, June 30, 2022, photo from press release

Ximen Mining Corp., Thursday, June 30, 2022, photo from press release

Sophie Cesar
604-488-3900
[email protected]

About Ximen Mining Corp.

Ximen Mining Corp., Thursday, June 30, 2022, photo from press release

Ximen Mining Corp., Thursday, June 30, 2022, photo from press release

Ximen Mining Corp. holds a 100% interest in three of its precious metals 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 former Huldra silver mine. Currently, the Treasure Mountain Silver project is subject to an option agreement. The option partner makes annual cash and stock payments and funds the development of the project. The company also acquired control of the Kenville Gold mine near Nelson in British Columbia which comes with surface and underground rights, buildings and equipment.

Ximen is a publicly traded company that trades 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 1XMA and WKN with the number A2JBKL .

Ximen Mining Corp., Thursday, June 30, 2022, photo from press release

Ximen Mining Corp., Thursday, June 30, 2022, photo from press release

This press release contains certain statements that may be considered “forward-looking statements” within the meaning of Canadian securities laws. All statements in this release, other than statements of historical fact, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward-looking statements. Although the Company believes that the expectations expressed in these forward-looking statements are based on reasonable assumptions, these statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include operating and exploration success, the continued availability of financing and general economic, market or business conditions. Readers are encouraged to consult the Company’s reports, which are publicly available through the Canadian Securities Administrators’ Electronic Document Retrieval System (SEDAR) at www.sedar.com for an more comprehensive analysis of these risk factors and their potential effects.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and there will be no sale of securities in any state of the United States in which such offer, solicitation or sale would be illegal.

Neither the 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 Corporation
888 Dunsmuir Street – Suite 888,
Vancouver, BC,
V6C 3K4
Tel: 604-488-3900

THE SOURCE: Ximen Mining Corporation

See the source version on accesswire.com:
https://www.accesswire.com/707135/Ximen-Mining-Initiates-Magnetic-and-Lidar-Surveys-at-its-100-Owned-Brett-Epithermal-Gold-Property

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