Advancing precious metal assets in British Columbia
Advancing precious metal assets in British Columbia
September 03, 2020 TSX.V: XIM
FRA: 1XMA
OTCQB: XXMMF
Ximen Working on New Installation for Kenville 257 Portal
Vancouver, B.C., September 03, 2020 – Ximen Mining Corp . (TSX.v: XIM) (FRA: 1XMA)
(OTCQB: XXMMF) (the “Company” or “Ximen”) is please d to provide the following update on
progress at the Kenville Gold Mine project in the Nelson mining camp in southern British
Columbia.
Work on the 257 portal continue s with excavation of the 257 Portal completed and
fabrication of new steel sets that will be installed underground prior to placement of the new
steel culvert outside of the underground workings. When everything is installed, we will be ready
to start breaking rock.
Photo of new steel sets being installed in Kenville 257 Portal to replace original timbers.
Ximen Mining Corp News Release
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Entrance to Kenville 257 Mine Level
Photo of new steel stets with new timber
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Further progress Photo of new steel stets with new timber
Ximen Mining Corp News Release
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Update on New Decline
The Company received written notice from the regulators identifying items required for the
Environmental Management Act Waste Discharge Application for the Kenville Mine Site
Advanced Exploration Project . In addition to information already assembled , requirements
include a Technical Assessment Report summarizing environmental aspects, p ublic notification,
engagement with selected First Nations groups, agency referrals, a notification and engagement
report, and completion of Declarations of Competency and signed Conflict of Interest Di sclosure
Statements by qualified professionals. Ximen is initiating these final steps required for the new
decline permit. The notification process has started, and the Company is working with its
consultants to complete the remaining items within two weeks.
Dr. Mathew Ball, P.Geo., VP Exploration for Ximen Mining Corp. and a Qualified Person as
defined by NI 43-101, approved the technical information contained in this News Release.
On behalf of the Board of Directors,
“Christopher R. Anderson”
Christopher R. Anderson,
President, CEO and Director
604 488-3900
Investor Relations: Sophy Cesar, 604-488-3900, [email protected]
About Ximen Mining Corp.
Ximen Mining Corp News Release
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Ximen Mining Corp. owns 100% interest in three of its precious metal projects located in southern BC.
Ximen`s two Gold projects The Amelia Gold Mine and The Brett Epithermal Gold Project. 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.
Ximen Mining Corp News Release
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This press release contains certain "forward-looking statements" within the meaning of Canadian securities This press
release contains certain "forward -looking statements" within the meaning of Canadian securities legislation,
including statements regardin g the receipt of TSX Venture Exchange approval and the exercise of the Option by
Ximen. Although the Company believes that such statements are reasonable, it can give no assurance that such
expectations will prove to be correct. Forward -looking statements are statements that are not historical facts; they are
generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates,"
"projects," "aims," "potential," "goal," "objective," "prospective," and simila r expressions, or that events or
conditions "will," "would," "may," "can," "could" or "should" occur, or are those statements, which, by their nature,
refer to future events. The Company cautions that forward -looking statements are based on the beliefs, es timates and
opinions of the Company's management on the date the statements are made and they involve a number of risks and
uncertainties. 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. Except to the extent
required by applicable securities laws and the policies of the TSX Venture Exchange, the Company undertakes no
obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors,
should change. Factors that could cause future results to differ materially from those anticipated in these forward -
looking statements include the possibility that the TSX Venture Excha nge may not accept the proposed transaction in
a timely manner, if at all. The reader is urged to refer to the Company's reports, publicly available through the
Canadian Securities Administrators' System for Electronic Document Analysis and Retrieval (SEDA R) at
www.sedar.com for a more complete discussion of such risk factors and their potential effects.
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.
Ximen Mining Corp
888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4 Tel: 604-488-3900