Ximen Mining Airborne Magnetic Survey Brett Epithermal Gold Project

Vernon BC

VANCOUVER, BC / ACCESSWIRE / October 12, 2023 / Ximen Mining Corp. (TSX.v:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the "Company" or "Ximen") announces that it has conducted an interpretation of a new airborne magnetic survey completed over part of the Brett Property, located near Vernon in southern British Columbia.

Foto: Accesswire

The Brett epithermal gold property, located west of Vernon in southern B.C., is one of Ximen's prime exploration assets. Exploration to date has identified a low-sulphidation epithermal gold (+ silver) deposit with vein-hosted and disseminated mineralization. Ximen believes the Brett project is on the brink of discovery of an economic gold deposit due to the fact that bonanza-grade vein-hosted and low-grade, bulk-mineable disseminated epithermal styles of gold mineralization are present in multiple zones over a 2 kilometer square area.

Foto: Accesswire

The airborne magnetic survey was done using a UAV (Unmanned Aerial Vehicle or drone). A total of 484.16 km was flown, with data collected along 50 m spaced east-west oriented lines with 500 m spaced north-south tie lines. The sensor was set to 35 m above the ground level. The UAV aeromagnetic survey generally results in high-quality, high-resolution data. The increased flight line density and lower flight elevation possible with the use of a UAV platform results in superior resolution data products when compared to conventional airborne magnetic data.

For the interpretation, the airborne survey results were combined with results from a 2014 ground magnetic survey.

Foto: Accesswire

Airborne Magnetic Survey - Total Magnetic Intensity map

Magnetic high and low anomalies were identified using the Total Magnetic Intensity (TMI) - reduced to pole product. East of the Main zone, a magnetic high is identified that is interpreted as Middle Jurassic granodioritic rocks that possibly extend to the west at depth. Several magnetic highs are evident north, west and south of the Main zone that are interpreted as highly magnetic units within the Penticton Group volcanic rocks. A magnetic low east of the Main zone is interpreted to be a non-magnetic zone at the contact between the Middle Jurassic granodiorite and the Penticton Group volcanic rocks. A magnetic low in the southeastern survey area coincides with a syenite intrusion of the Coryell Plutonic suite. Magnetic lows in the western and southwestern areas are interpreted as low-magnetic units within the Penticton Group volcanics.