businesspress24.com - Ximen Mining Corp Receives Permit for Providence
 

Ximen Mining Corp Receives Permit for Providence

ID: 1552607

(PresseBox) - Ximen Mining Corp. (TSX.v: XIM) (FRA: 1XMA) (OTCQB:XXMMF) (the ?Company? or ?Ximen? - http://www.commodity-tv.net/c/mid,2697,Company_Presentation/?v=298917) announces that it has received an exploration permit for its Providence claim.

The Providence claim covers 190 hectares in the Greenwood Mining Camp and adjoins the Gold Drop property currently optioned and being drilled by GGX Gold Corp. (TSX.V: GGX).68,079 ounces), 183 tonnes of lead, 118 tonnes of zinc from 10,426 Metric tonnes of material. The mine had a total of 3000 metres of underground workings that were serviced by two shafts.

Previous prospecting by Ximen crews identified a number of mineral showings that are not included in the provincial Minfile records.ning chalcopyrite, bornite and magnetite. A sample of this material returned values of 2350 ppm Cu and 3.4 ppm silver.

The Company is now permitted to carry out its plans for additional exploratory work on the property, which include detailed rock sampling, trenching and diamond drilling.

Analyses disclosed in this release were conducted by ALS Global ? Geochemistry Analytical Lab in North Vancouver, BC, Canada. ALS is an independent, fully accredited commercial laboratory. Gold was determined by the fire assay method using a 50 gram sample weight. Other metals were analyzed as part of a 33-element package using a four acid digestion and determination by ICP-AES.

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% interest in three of its precious metal projects located in southern BC.annual staged cash and stocks payments as well as funding the development of the project. The company has also 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 construc





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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Bereitgestellt von Benutzer: PresseBox
Datum: 26.09.2019 - 09:33 Uhr
Sprache: Deutsch
News-ID 1552607
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