Ximen Mining Receives Draft Permit for Review
Advancing precious metal assets in British Columbia
December 28, 2022 TSX.V: XIM
FRA: 1XMA
OTCQB: XXMMF
Ximen Mining Receives Draft Permit for Review
Kenville Gold Mine
Soon To Be One of the Greenest Gold Mines
Nelson, BC
Vancouver, B.C., December 28, 2022 – Ximen Mining Corp . (TSX.v: XIM) (FRA: 1XMA)
(OTCQB: XXMMF) (the “Company” or “Ximen”) announces that further to its news release of
December 16, 2022 the Company has now received the first draft of one of two permits expected.
The Company Management received the Draft Environment permit for review on Friday
December 23, 2022, and has had an initial look at the terms and conditions and everything appears
to be in order and as expected.
Photo Kootenay River Dam – Power Source for the Development of the Kenville Gold Mine
Ximen Mining Corp News Release
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In summary:
Most items have been discussed and agreed to over the last three years and have already been
addressed, such as construction of the discharge channel (see below). The balance of items is
mostly related to clerical and administrative clarity. Example: update site plans A and B in a scale
of 8 by 11 or 11 by 17 format with new legends. Once the remaining items have been addressed
and the Company has had time to give the permit a final review, the Final EMS Permit will be
issued.
Construction of the Discharge Channel construction spring / summer 2022
Ximen Mining Corp News Release
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The Company is also waiting on a second draft permit from the mines department. In calls and
discussions last week we can see the end is very near. Currently the task at hand is to digitize some
existing historic reports for the completion of determining the bond amount and precise boundary
of the area of the permit. There is nothing unexpected and things appear to be straight forward
from here. Once the bond amount in determined and the permit boundary defined, we expect to
immediately receive a draft for final review.
Technical disclosure in this news release has been approved by Dr. Mathew Ball, P.Geo., a Qualified Person as defined
by National Instrument 43-101 and VP Exploration for Ximen Mining Corp.
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. 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 an option agreement. The option partner is making annual staged cash and stocks payme nts as well as funding
the development of the project. The company has also 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 regarding 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 similar 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, estimates 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 Exchange may not accept the propose d 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 (SEDAR) 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