Sourcing and mining precious metal assets in British Columbia 129.1 g/t Gold and 1,154.9 g/t Silver 7.28 Meter Diamond Drill Interval Ximen Mining Corp’s Gold Drop Project
Sourcing and mining precious metal assets in British Columbia
129.1 g/t Gold and 1,154.9 g/t Silver
7.28 Meter Diamond Drill Interval
Ximen Mining Corp’s Gold Drop Project
Vancouver, B.C. – January 14, 2019 - Ximen Mining Corp. (TSX.V: XIM) (OTCQB:XXMMF) (the
“Company” or “Ximen”) is pleased to provide an update on the Gold Drop Property which is currently under
option agreement to GGX Gold Corp. (TSX.V: GGX) and located near Greenwood in southern British
Columbia.
Ximen’s option partner has announced diamond drill core analytical results for the first 7 of the 11 diamond
drill holes completed, COD18-61 to COD18-67 from the November 2018 diamond drilling program on the
COD Vein southern extension (GGX News Releases of January 9, and 11, 2019).
The recent analytical results are highlighted by a 7.28 meter interval which returned 129.1 g/t gold and
1,154.9 g/t silver in drill hole COD 18-67.
“It’s very encouraging to see such promising results after all the hard work and effort from the all the parties
involved. I would like to extend a special thanks to my longtime friend Al Beaton, who led us here in the first
place and who’s enthusiasm and passion for the mining business is absolutely contagious to all of us.”
Comments, Chris Anderson Ximen CEO
The 2018 drilling program consisted of 11 diamond drill holes targeting the southern extension of the COD
Vein mineralization within 25 meters of previously drilled holes COD18-45 and COD18-46. These holes were
drilled at 45 and 50 degree dips to the west from the same site and intersected high grade gold as highlighted
below:
• COD18-45 intersected of 50.1 grams per tonne (g/t) gold and 375 g/t silver over 2.05 meter core length
including 167.5 g/t gold, 1,370 g/t silver and >500 g/t tellurium over 0.46 meter core length (GGX News
Release of August 15, 2018).
January 14, 2019 TSX.V : XIM
FRA : 1XMA
OTCQB : XXMMF
Ximen Mining Corp News Release
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• COD18-46 intersected 54.9 g/t gold and 379 g/t silver over a 1.47 meter core length, including 223 g/t
gold, 1,535 g/t silver and greater than 500 g/t tellurium over a 0.30 meter core length (GGX News
Release of August 22, 2018).
Intersections exceeding 1 g/t gold for drill holes COD18-61 to COD18-67 are listed in the table below. Since true
widths cannot be accurately determined from the information available the core lengths (meters) are reported.
Hole ID From (m) To (m)
Length
(m)
Au
(g/t)
Ag
(g/t)
Te
(g/t) Description
COD18-61 22.62 24.00 1.38 5.29 32.4 31.4 Quartz vein
COD18-63 23.22 24.15 0.93 2.51 19.4 12.7 Quartz veins & altered granodiorite
COD18-63 25.74 26.14 0.40 1.16 9.78 8.72 Quartz veins & altered wall rock.
COD18-63 26.14 27.31 1.17 28.0 424.7 150.4 Quartz vein with local VG & tellurides
COD18-63 incl. 26.72 27.31 0.59 49.7 787 245 Quartz vein with VG & tellurides
COD18-64 30.10 30.40 0.30 3.04 24.6 31.3 Altered granodiorite
COD18-66 16.35 16.75 0.40 1.02 6.22 3.46 Quartz veinlet & altered wall rock.
COD18-66 22.96 23.90 0.94 6.97 46.8 34.4 Quartz vein
COD18-67 23.19 30.47 7.28 129.1 1,154.9 Quartz vein with +/- tellurides
COD18-67 incl. 23.58 23.95 0.37 106 1250 >500 Quartz vein with tellurides & VG
COD18-67 incl. 24.50 27.63 3.13 232.1 2,001.1 >500 Quartz vein with +/- tellurides
COD18-67 incl. 29.70 30.47 0.77 143 1,372.9 >500 Quartz vein with tellurides
COD18-61 to COD18-67 were drilled to the west and slightly northwest at dips of 45 to 60 degrees to intersect
the approximately northeast striking COD vein.
Ximen Mining Corp News Release
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Holes
Ximen Mining Corp News Release
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Neil Froc, P.Eng. , a Qualified Person as defined by NI 43 -101, is responsible for 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
Ximen Mining Corp. 604 488-3900
About Ximen Mining Corp.
Ximen Mining Corp. owns 100 percent interest in all three of its precious metal projects located in southern
BC. Ximen`s two Gold projects are The Gold Drop Project and The Brett Epithermal Gold Project. Ximen also
owns the Treasure Mountain Silver Project adjacent to the past-producing Huldra Silver Mine. Currently both
the Gold Drop Project and the Treasure Mountain Silver Project are under option agreements. The option
partners are making annual staged cash and stocks payments as well as funding the development of these
projects.
Ximen Mining Corp News Release
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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
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. The securities referred to herein
have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in
the United States absent registration or an applicable exemption from registration requirements.
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