Ximen Mining Corp 2023 Exploration Plans - Historic Mining Camp - Greenwood BC

VANCOUVER, BC / ACCESSWIRE / May 09, 2023 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the "Company" or "Ximen") announces plans for its 2023 exploration programs in southeastern BC.

Ximen is focused on precious and critical metals in southeastern BC and has six mineral project areas, including Wild Horse, Quartz Mountain, Nelson, Greenwood, Brett and Treasure Mountain. The Company's field programs are directed from its command base in Greenwood, BC.

Foto: Accesswire

The Wild Horse project consists of 156 claims covering 13,948 hectares and 25 mineral occurrences. The project is located northeast of Fort Steele Cranbrook, B.C and covers source areas for the historic Wild Horse River placer gold deposit. Hard rock gold was discovered in this area as early as 1895 (Midas) and 1899 (Big Chief) (BC Assessment report 27713). These occurrences consist of quartz veins and breccia associated with northeast-trending syenite dikes. In 2015, gold mineralization was found to the southwest along strike of the Midas on Ximen's Lone 4 claim on Gold Mountain, where gold-bearing quartz veins occur in northeast trending shears and breccias (BC Assessment report 35844). The Lone 4 was drilled in 2016 but the hole stopped in mineralization. In the summer of 2021, further diamond drilling intersected quartz stockwork and breccia-style mineralization extending down from the end of a 2016 hole. A mineralized interval combined from both holes was 86 meters length with an average of 0.36 grams per tonne gold (BC Assessment report 39757). The results indicate potential for a bulk-minable gold deposit. Ximen's property also covers zinc occurrences with similarities to the historic world-class Sullivan deposit. Last year, a geophysical survey, reconnaissance rock sampling and a soil geochemical survey were conducted. Five areas of multi-element anomalous values were identified by the soil geochemical survey, of which the highest priority consisted of anomalous geochemical values for gold (0.017 and 0.025 ppm), copper (23.8 ppm), arsenic (12.2 ppm), lead (17.6 and 16.9 ppm) and zinc (17.3 ppm) over 125 meters along the northernmost survey line. This year, Ximen plans to drill an area where gold was previously panned from overburden samples (BC Assessment report 32412).