Ximen''s Option Partner Completes 20 Diamond Drill Holes
Gold Drop Project / Greenwood Mining Camp
(PresseBox) - Ximen Mining Corp. (TSX.v: XIM) (FRA: 1XMA) (OTCQB:XXMMF) (the ?Company? or ?Ximen?) announces its option partner GGX Gold Corp. has completed 20 diamond drill holes on the C.O.D. vein at the Gold Drop property in the Greenwood Mining Camp.
The Company deployed one drill rig for in-fill drilling on the C.O.D. vein to explore the vein between and below the significant intercepts obtained last year.
COD18-67: 129 g/t gold, 1,154 g/t silver & 823 g/t tellurium over 7.28 meters core length.
COD18-70: 107 g/t gold, 880 g/t silver & 640 g/t tellurium over 6.90 meters core length.
Since the start of the season in mid-April, 20 holes have been completed for a total of 1217 meters cored. elevated silver, gold and tellurium values are associated with a silver-grey mineral thought to be the telluride mineral named sylvanite, which has the formula (Ag,Au)Te2.
The drill core is currently being logged and cut in half with a diamond saw at GGX?s facility in Greenwood, B.C.
Further exploratory drilling is also being planned to test the southern extension of the C.O.D. vein, the Everest vein that was discovered in 2018, and on the C.O.D. North vein.
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.
About Ximen Mining Corp.
Ximen Mining Corp. owns 100 percent interest in all of its precious metal projects located in southern BC. ents. The option partners are making annual staged cash and stocks payments as well as funding the development of these projects.
NEW DEVELOPMENTS: Ximen has recently acquired the Kenville Gold Mine in Nelson, and the Armelia Gold Mine - Camp McKinney near Baldy Mountain Resort. Both located in Southern BC
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.
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Datum: 10.06.2019 - 00:36 Uhr
Sprache: Deutsch
News-ID 1549736
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