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Ximen Mining Completes Acquisitions in the Nelson Gold Camp and Advances Kenville Toward Production
VANCOUVER, BC / ACCESSWIRE / March 20, 2020 / Ximen Mining Corp . (TSXV:XIM)(FRA:1XMA)(OTCQB:...
About this update from Ximen Mining Corp.
[{"type":"text","content":"Ximen Mining Completes Acquisitions in the Nelson Gold Camp and Advances Kenville Toward ProductionVANCOUVER, BC / ACCESSWIRE / March 20, 2020 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the \"Company\" or \"Ximen\") is pleased to provide the following update on recent property acquisitions and upcoming activities in the Nelson and Greenwood mining camps in southern British Columbia.\"Now that we have completed this part of our acquisition plan, we will move forward at Kenville as planned to start mining. As early as next week we'll have boots on the ground, and the crew will begin refurbishing the Kenville mine portal before building the portal for the new decline. As soon as this part is finished, we can start cracking rock. The most exciting time for Ximen Mining starts right now!\" Stated Anderson, CEO of Ximen Mining CorpBeginning in January of this year, Ximen has been very active with acquisition of several claim groups in the Nelson mining camp that are located near Ximen's Kenville mine. A total of 13,667 hectares have been acquired from seven separate groups. Ximen's total holding in the Nelson area now stands at approximately 14,234 hectares.NumberXimen Claim GroupTenuresHectares1Kenville3566.78*2California Mine2168.444Rozan321950.005Stewart285788.563Ron291166.944Clubine5232.01649er Creek1074276.837Gold Hill142.188GH Arlington142.20Total 14,233.94Includes Crown Granted mineral titlesSatellite image showing Ximen's Nelson area holdings.In the Greenwood mining camp, Ximen recently acquired 6 mineral claims covering a total of 380.6 hectares from Saville Resources Inc. Earlier, Ximen had acquired one mineral tenure from a private party. Ximen's holdings in the Greenwood area now total approximately 17,152 hectares. This excludes the Gold Drop property (2,269 hectares) which was acquired from Ximen by GGX Gold Corp in 2019 (Ximen retains an NSR royalty and a back in right on the Gold Drop).NumberXimen Claim GroupTenuresHectares1Greenwood-Various2016281.362LB Gold184.633Bud and Elk7805.64Total 17,151.63Satellite image showing Ximen's Greenwood area holdings.Ximen will continue to pursue property acquisitions to further consolidate its holdings in these historic mining camps.2020 Work Programs:At the Kenville Gold Mine, the Company will start work imminently on refurbishing the existing portal to the Kenville mi...