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Ximen Acquires 25 Crown Grants Beside Kenville Gold Mine Nelson Mining Camp
VANCOUVER, BC / ACCESSWIRE / January 28, 2021 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQ...
About this update from Ximen Mining Corp.
[{"type":"text","content":"Ximen Acquires 25 Crown Grants Beside Kenville Gold Mine Nelson Mining CampVANCOUVER, BC / ACCESSWIRE / January 28, 2021 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the \"Company\" or \"Ximen\") is pleased to announce that it has acquired the Star properties in the Nelson mining camp in southern British Columbia.https://www.ximenminingcorp.com/wp-content/uploads/2021/01/XimenStarProperties.pngXimen recently signed an option agreement to acquire 100% interest in 25 Crown Granted mineral claims covering 363 hectares in the Nelson camp, collectively referred to as the Star Properties. The Star properties include a group of 22 contiguous Crown Grants situated south of the Kenville gold mine property, 2 Crown Grants that adjoin the Kenville Gold mine property on its west side, and one Crown Grant situated east of Kenville.https://www.ximenminingcorp.com/wp-content/uploads/2021/01/NQ2DrillCoreGold.pngALMA N ZONE VISIBLE GOLD- (top) VST09-009 Andesite;Quartz Vein photo of NQ2 drill core from 121.75 to 121.90m. There is approx. 10-15 very fine grained (<0.5mm) gold flecks at 121.86m (bottom). The one metre wide sample, # 103457 assayed: 14.45 g/t Au, 15.00 g/t Ag and 0.59% Cu.Ximen believes the group of Star claims located south of the Kenville mine is one of the key properties in the Nelson camp. This claim group straddles the margin of the Eagle Creek pluton, which hosts the high-grade gold-quartz veins at Ximen's Kenville property. On the Star ground, widespread disseminated mineralization occurs over a south-southeast trending zone approximately two kilometres in strike length and one half to one kilometre wide. Mineralization includes fracture-controlled pyrite, chalcopyrite and other copper sulfides and oxides, specular hematite and local molybdenite. The best mineralized intercepts occur in steeply dipping zones that are 50 metres or more in width but in some areas, mineralization extends over entire hole lengths (100 metres or more). The gold-silver-copper mineralization is associated with potassic alteration (orthoclase and carbonate), which signifies genesis by a porphyry-type system. As such, this property has excellent potential for a large-tonnage, low-grade gold deposit.https://www.ximenminingcorp.com/wp-content/uploads/2021/01/AlmaNZone3DModel.pngAlma N Zone Conceptual 3D ModelThe Star Crown Grants cover th...