Ximen Mining Hole 8 Intersects McKinney Vein Again - Amelia Gold Project - Camp McKinney, BC

VANCOUVER, BC / ACCESSWIRE / December 12, 2023 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the "Company" or "Ximen") announces information from its eighth drill hole at the Amelia Gold project in Camp McKinney near Rock Creek in southern BC.

Foto: Accesswire

Photo of drill being moved to next drill site.

Ximen has now drilled eight holes to test the extension of the historic Cariboo-Amelia gold mine in Camp McKinney in the Greenwood Mining Division, BC. The Cariboo-Amelia mine was BC's first dividend paying gold mine. Over its 68-year history, the mine produced 81,602 ounces of gold and 32,439 ounces of silver from 112,254 tonnes milled (BC Minfile Records). The mine is situated within a 4-kilometer system of gold-quartz veins and historic workings.

Foto: Accesswire

View of 3D model of Cariboo mine (looking North) showing vein blocks and current drill holes.

Hole AM23-08 intersected the extension of the McKinney vein beneath the eastern end of the historic mine. Eight NQ-size drill holes have been completed for a total of 2,064 meters. The target vein was intersected in five holes (AM23-01, 3, 5, 7 and 8) between 30 and 45 meters below the lowest mine level and over a strike length of 150 meters.

The mineralized intercepts range in core length from 0.26 meters to 0.70 meters and contain pyrite, sphalerite, galena and chalcopyrite. Hole AM23-08 intersected the vein within a mineralized quartz stringer alteration zone. The vein consisted of "blue quartz" containing fine grained pyrite. The "blue quartz" is a local mine term for grey quartz that typically contains gold. Visible gold hasn't been observed, but this sulphide mineral assemblage is the same as that reported to occur in the vein where it was mined historically. Core samples will be sent for analysis once the geological logging and sampling is completed.

Hole	From	To	Length (m)	Mineralization
AM23-01	218.02	218.63	0.61	Quartz Vein with Py, Sp, Gn, Cp
AM23-03	230.80	231.06	0.26	Quartz Vein with Py, Sp, Gn, Cp
AM23-05	214.55	215.25	0.70	Quartz Vein with Py, Sp, Cp
AM23-07	194.60	194.81	0.21	Quartz Vein with Py, Sp, Gn
AM23-07	195.71	195.99	0.28	Quartz Vein with Py, Po, Sp, Gn
AM23-07	215.47	215.66	0.19	Quartz Vein with Py, Sp, Gn
AM23-07	217.64	217.76	0.32	Quartz Vein with Py, Po, Sp, Gn
AM23-08	198.60	198.95	0.35	Quartz Stringers, Py,Sp,Gn,Cp
AM23-08	198.95	199.45	0.50	Quartz Vein with Py
AM23-08	199.45	200.00	0.55	Quartz Stringers, Py,Sp,Gn,Cp

Abbreviations: Py: pyrite, Sp: sphalerite, Gn: galena, Cp: chalcopyrite