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Ximen Mining Acquires Perry Creek Gold Property Cranbrook, BC

VANCOUVER, BC / ACCESSWIRE / May 16, 2023 / Ximen Mining Corp . (TSX.v:XIM) (FRA:1XMA)(OTCQB:XXMM...

articleXimen Mining Corp.May 16, 20235/company/ximen-mining-corp/news/ximen-mining-acquires-perry-creek-gold-property-cranbrook-bc
Ximen Mining Acquires Perry Creek Gold Property Cranbrook, BC

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[{"type":"text","content":"Ximen Mining Acquires Perry Creek Gold Property Cranbrook, BCVANCOUVER, BC / ACCESSWIRE / May 16, 2023 / Ximen Mining Corp. (TSX.v:XIM) (FRA:1XMA)(OTCQB:XXMMF) (the \"Company\" or \"Ximen\") announces it has acquired the Perry Creek gold property of 8 claims covering 608.7 hectares, located approximately 22 km west of Cranbrook in southeastern British Columbia. Photo of Ximen geologist at sample site on Perry Creek claims.We are thrilled to announce the acquisition of the Perry Creek gold property, a significant addition to Ximen's portfolio. The presence of multiple gold occurrences and the property's location within the Kimberley Gold Trend highlight its tremendous potential. We are committed to conducting thorough exploration and verification work to unlock the true value of this property and further advance our goal of discovering and developing high-grade gold deposits. Ximen is excited about the opportunities that lie ahead on the Perry Creek claims. \" States Anderson CEO The Perry Creek claims were acquired 100% from an independent vendor and are situated less than 1 km southwest of Ximen's Quartz Mountain property. There are five known mineral occurrences on the Perry Creek property, four of which are primary gold occurrences. Historical records indicate the area was originally explored in 1915 with programs of trenching and drifting on several shafts on the Homestake claim group, which covered the Columbia and Homestake occurrences. Past workings at the Columbia occurrence consisted of the Scorgie tunnel and Columbia shaft, with attendant open-cuts (BC Minfile).At The Homestake occurrence, previous diamond drilling in 1986 identified a silicified fault system anomalous in gold for at least 200 metres with a true width of approximately 7 metres; best result yielded 1.0 metre assaying 10.3 grams per tonne gold. In 1987, a sample assayed 7.8 grams per tonne gold. A 2.7-tonne bulk sample is reported to have yielded 27.7 grams of gold or 10.3 grams per tonne gold (BC Minfile records).At The Columbia occurrence, a 1986 rock sample from a former shaft assayed 14.0 grams per tonne gold, and in 1987, trench samples from the Columbia shaft area yielded up to 12.6 grams per tonne gold and a rock sample assayed 22.4 grams per tonne gold (BC Minfile )Perry Creek is the site of modern and historic placer gold workings, and lies with...

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