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Find the latest XIMEN MINING CORP (XIM.V) stock quote, history, news and other vital information to help you with your stock trading and wahre-wahrheit.de: x 0. Ximen Mining Corp. operates as a mineral exploration company. The Company focuses primarily on the exploration and development of mineral properties in areas with stable geo-political climates. Ximen Mining Corp. Mailing Address: Dunsmuir Street, Suite Vancouver, British Columbia V6C3K4: Head Office Address: Dunsmuir Street, Suite Vancouver, British Columbia– (Newsfile Corp. – May 26, ) – Ximen Mining (TSXV: XIM) (OTCQB: XXMMF) (FSE: 1XMA) has contracted Toronto-based Micon International Limited for technical services.
TSXV:XIM FRA:1XMA OTCQB:XXMMF the „Company“ or „Ximen“ is pleased to announce that it has acquired several mineral claims in the Wild Horse Creek area, located 15 kilometers northeast of Cranbrook in the Fort Steele Mining Division in southern British Columbia. Property map showing Wild Horse Creek Gold Property near Fort Steele, B. Ximen recently acquired a total of mineral claims covering 12, hectares near historic Fort Steele, named the Wild Horse Creek property.
The Wild Horse Creek property adjoins Ximen’s Hughes Range claims 7 claims and one lease, hectares. The land package is covered by two separate Purchase Agreements under which Ximen is required to issue 3,, shares split among the vendors. Additional, all the vendors have entered into voting trust agreements with regards to the shares being issued. In the first Purchase Agreement, a total of 43 mineral claims covering 3, hectares was purchased for an aggregate of 1,, common shares of Ximen.
In this agreement the vendor consists of 6 individuals. In the second Purchase Agreement, a total of 96 mineral claims covering 9, hectares was purchased for an aggregate of 2,, common shares of Ximen. Additional this land packed comes with current exploration permits approved for drilling. In this agreement the vendors consist of 4 individuals and 2 private corporations.
Core facility with all the previously well preserved core from all the associated properties.
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Initially, Micon will create a resource estimate for the new decline project to support plans for a 10,tonne bulk sample. This new resource estimate is focused on areas of the Kenville Mine not previously reported on in earlier historic mineral resource estimates. Initial work by Micon will be an internal estimate to support planning for the bulk sample.
Ximen is continuing to advance its conceptual fast-track development schedule for the Kenville Bulk Sample. Permitting for the new mine development is progressing well with the application now under technical review by the Mines Review Committee. It was mined intermittently between and , with recorded production of 65, ounces of gold, 27, ounces of silver, The mine is located 8 km west of Nelson, BC, is accessible by paved road and is connected to the hydro power grid.
Existing infrastructure includes mobile underground mining equipment, offices, mechanic shop, core storage and accommodation. Plan map of Kenville mine showing target areas for new development and drill intercepts. The Kenville gold deposit consists of multiple gold-silver quartz veins hosted by diorite. Between and , diamond drilling was conducted that intersected new gold-silver mineralized veins in previously un-tested areas west and south of the historic mine.
No mineral resource estimate was ever made for the new zones intersected by drilling west and south of the mine, but a resource estimate was completed in now historic for the mine area based on detailed sampling conducted within the mine see news release dated April 8, Ximen recently contracted Micon to do an updated mineral resource estimate to support its efforts to develop the areas west and south of the mine and an initial bulk sample plan for the Kenville west area.
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Ximen Mining Corp V. Ximen’s focused on being the next significant high-grade gold producer in southern BC, one of the best mining jurisdictions in the world, through self-funding its exploration. Ximen is focused on the Kenville Gold Mine property near Nelson, BC and is developing the project into a small underground mine. Preparations to date include establishing the mining camp, connecting hydropower, engineering work and initiating permitting for a new meter decline to extract a 10, bulk sample.
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Currently, the Treasure Mountain Project is under option agreement. The option partner is making annual staged cash and stocks payments as well as funding the development of the project. Ximen continues to expand its land package around its flagship property, the Kenville Gold Mine, near Nelson BC. The company owns the surface and underground rights, buildings and equipment and is developing the project into a small underground mine.
Preparations to date comprise of the building of the mining camp including connecting hydro power, completing engineering work and initiating permitting to develop a new meter decline to extract a 10, bulk sample this year. As development moves forward at the Kenville, Ximen continues its commitment to greener, more sustainable mining, by building a good relationship with the community, providing well-paying jobs to the local labour force and continuously looking at ways to reduce our environmental impact.
Mr Anderson brings over 30 years of entrepreneurial experience with an astute emphasis on strategic planning, communications and creative marketing. He has been instrumental in facilitating tens of millions of dollars of financing for both public and private enterprises. With a specific focus on mining over the last decade, Mr Anderson successfully navigated the waters of one of the toughest bear markets in mining history. Ball has over 30 years of worldwide geological experience, including running underground precious metals mine development programs.
Ball is also currently interim chief executive officer, chief operating officer, and chief geologist of Golden Dawn Minerals, located near Greenwood, BC. Previously, he held positions as president and chief operating officer at the Bralorne gold mine in British Columbia. Home Companies Ximen Mining Corp. Ximen Mining Corp.
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All securities issued in connection with the Offering will be subject to a hold period expiring February 25, Investor Relations: Sophy Cesar, , ir XimenMiningCorp. Ximen Mining Corp. Ximen also owns the Treasure Mountain Silver Project adjacent to the past producing Huldra Silver Mine. Currently, the Treasure Mountain Silver Project is under a option agreement. The option partner is making annual staged cash and stocks payments as well as funding the development of the project.
The company has recently acquired control of the Kenville Gold mine near Nelson British Columbia which comes with surface and underground rights, buildings and equipment. 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.
Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause future results to differ materially from those anticipated in these forward-looking statements include the possibility that the TSX Venture Exchange may not accept the proposed transaction in a timely manner, if at all.
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. 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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Vancouver, B. Each Unit consists of one common share and one transferable common share purchase warrant. The hold expiry date for the placement is October 25, Investor Relations: Sophy Cesar, , [email protected]. Ximen Mining Corp. Ximen also owns the Treasure Mountain Silver Project adjacent to the past producing Huldra Silver Mine. Currently, the Treasure Mountain Silver Project is under a option agreement.
The option partner is making annual staged cash and stocks payments as well as funding the development of the project. The company has recently acquired control of the Kenville Gold mine near Nelson British Columbia which comes with surface and underground rights, buildings and equipment. 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.
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30/06/ · VANCOUVER, BC / ACCESSWIRE / June 30, / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the „Company“ or „Ximen“) The Company is pleased to announce that it has closed a financing for gross proceeds of $, The non-brokered private placement consisted of , units at a price of $ per unit. Each Unit consists of one common . Ximen Mining Evaluating Gold Tailings at Wilcox Property – Nelson BC. VANCOUVER, BC / ACCESSWIRE / July 13, / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the „Company“ or „Ximen“) is pleased to announce an exploration program to evaluate the gold content of tailings from the historic Wilcox gold mine, located near Nelson in southeastern British Columbia.
A helicopter-supported drill program is about to start on one of the claims recently acquired at Wild Horse Creek, which is located 15 kilometres northeast of Cranbrook in the Fort Steele Mining Division in southern British Columbia. Ximen Mining Corp CVE:XIM FRA:1XMA OTCQB:XXMMF has announced that diamond drilling is about to commence at its newly acquired Wild Horse Creek Gold property. In conjunction with one of the property vendors, the Vancouver-based junior precious metals explorer said that a helicopter-supported drill program is about to start on one of the claims recently acquired at Wild Horse Creek, which is located 15 kilometres km northeast of Cranbrook in the Fort Steele Mining Division in southern British Columbia.
Drilling will follow up on previous drill results that returned high gold values, Ximen added. In , drill hole LF was drilled to test a gold target on the Lone 4 claim that was defined by surface rock chip sampling. Surface grab sample results were reported with values ranging up to 8. Hole LF was drilled to test beneath the gold-bearing outcrops and intersected altered sedimentary rocks cut by quartz veinlets and breccia mineralized.
Historical assay reports indicate consistently elevated gold values between depths of 60 metres m and the end of the hole at A drill intercept of 0. Included in this are 3m grading 2. The Wild Horse Creek property, which adjoins Ximen’s Hughes Range claims, lies within the Kimberley gold trend, a zone that extends southwestward from the Rocky Mountains into the western part of the Purcell Mountains.
In gold was discovered in Wild Horse Creek and the km long trail known as the Dewdney Trail was started to connect Hope with the gold mining community known as Fisherville on Wild Horse Creek. More than 10 million ounces of gold is estimated to have been recovered from the gold-bearing streams in the East Kootenay area and the locations of more than 50 gold showings have been recorded.
Anderson telling Proactive, this property, about 15 kilometres northeast of Cranbrook, British