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Ximen Mining Commences Diamond Drilling Providence Silver Gold Mine Previous Production 119 OZ Silver & 1/2 OZ Gold /T
VANCOUVER, BC / ACCESSWIRE / September 22, 2020 / Ximen Mining Corp. (TSX.v:XIM) (FRA:1XMA) (OTCQB:XXMMF) (the "Company" or "Ximen") is pleased to announce it m
About this update from Ximen Mining Corp.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / September 22, 2020 / Ximen Mining Corp. (TSX.v:XIM) (FRA:1XMA) (OTCQB:XXMMF) (the \"Company\" or \"Ximen\") is pleased to announce it mobilized equipment and started exploration drilling and trenching on its Providence property near Greenwood in southern British Columbia. \" Ximen Mining has amassed a significant amount of Precious Metals properties in southern BC and has now positioned itself to be among one of the largest land holders of premium Precious metals exploration properties in southern BC. Ximen also owns all of these assets 100% and is not beholden to any property payments. Ximen has also obtained 100% ownership of surface rights and land holdings in key areas strategic to the advancement of our operations. So while we are pleased with the progress nd continue to address the new regulatory obligations that are essential to continue focusing on the advancement of the Kernville Gold Mine towards production, it is important that we also address the blue sky potential of the prolific precious metals assets we have assembled in the Company. Hence we have been busy on serval fronts and now will commence drilling on several projects the Providence being one of the first. \" States Anderson , CEO Ximen Mining Corp/ To follow-up on groundwork conducted earlier this field season, Ximen has started its drilling and trenching program aiming at two targets on the Providence property. The first target is an historic mine adit, where a polymetallic silver-gold vein was mined historically. An excavator is being used to expose the mine entrance (see photos below). Ximen previously obtained an assay of 3.87 g/t gold and 100 g/t silver from vein material sampled from the waste dump. This could be a strike continuation of the main historic Providence mine. Minfile records indicate 1,368,075 ounces of silver, 5,896 ounces of gold, 402,690 pounds lead and 260,086 pounds of zinc were recovered from the Providence mine from 10,426 tonnes mined. Using these figures, the calculated precious metal grades would be 4,081 g/t silver (119 ounces per ton) and 17.6 g/t gold (0.51 ounces per tonne). Providence Target No. 1: Photo of excavator trenching historic mine entrance. The second target is aimed at a showing of massive sulphide vein or skarn mineralization for which a previous grab sample assayed 0.23% copper and...