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InvestmentPitch Media Video Discusses Ximen Mining's Acquisition of the Running Wolf Gold Property in Cranbrook Gold Belt, BC - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2021) -  Ximen Mining (TSXV: X...
About this update from Ximen Mining Corp.
[{"type":"text","content":"InvestmentPitch Media Video Discusses Ximen Mining's Acquisition of the Running Wolf Gold Property in Cranbrook Gold Belt, BC - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - February 4, 2021) -  Ximen Mining (TSXV: XIM) (OTCQB: XXMMF) (FSE: 1XMA) continues to add to its extensive portfolio of precious metals properties in British Columbia. The latest acquisition, the Running Wolf gold property, is located 20 kilometers west of Cranbrook in the Fort Steele Mining Division in south eastern British Columbia.For more information, please view the InvestmentPitch Media \"video\" which provides additional information about this news and the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Ximen\" in the search box.Cannot view this video? Visit:http://www.investmentpitch.com/video/1_574ir4q4/Ximen-Mining-adds-Running-Wolf-Gold-Property-near-Cranbrook-to-extensive-portfolio-of-precious-metals-properties-in-BCTo acquire its 100% interest in the 10 mineral claims, which cover 860 hectares, Ximen is paying $30,000 and issuing 200,000 shares. Management considers the Running Wolf acquisition to be a significant addition to its holdings in the Cranbrook Gold Belt. Future work will focus on expanding the areas of known gold mineralization and related fault/shear structures, and exploration for additional lode or disseminated gold deposits.The Running Wolf gold property adjoins Ximen's Quartz Mountain properties, and lies within the Cranbrook Gold Belt, also known as the Kimberley Gold Trend, a zone that extends southwestward from the Northern Hughes Range, crossing the Rocky Mountain trench, into the western part of the Purcell Mountains. Alluvial gold placer mining is estimated to have recovered 10 million ounces of gold from streams in the East Kootenay area centred on Quartz Mountain since discovery of gold in 1864, and mining has continued since. Exploration for lode gold sources to the alluvial placers has been ongoing for a century. The Running Wolf claims cover three known mineral occurrences, including Rome & Valley, Running Wolf and Gold. Historic records indicate that at Rome & Valley, two or more large quartz veins occur in a fault zone and contain pyrite and galena. One vein has been traced 470 metres and varies in width from 0.6 to 7.6 metres...