DGAP-News

XIMEN Provides Summary Compilation of Its Comprehensive 2014 Exploration Program at Its Brett Gold Property - Seite 2

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'In 1983, I saw the first gold samples that came from Brett and knew then
that it could be major exploration play. After joining Ximen's technical
advisory board in 2014 and seeing the robust results of all the exploration
since its discovery, I realized that Ximen had something special going on
at Brett', said Steve Craig, Technical Advisor for Ximen. 'The property has
many of the epithermal characteristics that are found in a number of
Nevada's volcanic-hosted gold districts where I have spent most of my
career.'

Ximen Acquires Brett. Ximen obtained an option to purchase the Brett
property in December 2013. Work completed during the first half of 2014
included the review and compilation of all historic data, including all
diamond drilling, RC drilling, two underground bulk samples, assays along
the 459 m drift, and hundreds of grid soil samples. This work allowed Ximen
geologists to focus their field work in areas that would support new
geophysical surveys, fill-in sampling and mapping.

During the second half of 2014, Ximen geologists completed magnetic and IP
surveys, more soil sampling, auger sampling, vegetation sampling and rock
chip sampling. From this and earlier compilation work, a 3D modeling effort
was completed, which focused on all known drilling, geological and
geochemical data. This work provided the geologists a means for effectively
developing drilling strategies for the proposed 2014 diamond drill program
at Brett. All of the data is now compiled into GIS format, with 3D
modelling completed in Leapfrog.

Land Acquisition. The company signed a second option agreement in July with
North Bay Resources to acquire the adjacent and important Bouleau property,
which held significant gold anomalies. The option allowed the Company to
acquire a 100% interest in 2,045 contiguous hectares with no NSR or work
commitments. This acquisition, plus additional staking by the company,
brings the total area controlled by Ximen at the Brett to 210 square
kilometers (81 sq.mi.).

Geophysical Surveys. In July 2014, the Company completed 70 line kilometers
of ground magnetic and VLF-EM geophysical surveys. This work identified
three prominent, previously unknown, northeast-striking structural trends,
two of which are in the area of the Main Shear Zone. The magnetic survey
also outlined a strong mag-low anomaly in an area of the property that has