Business
Ximen Mining Identifies New Exploration Targets from Airborne Magnetic Survey at Amelia Gold Project
VANCOUVER, BC / ACCESSWIRE / September 19, 2023 / Ximen Mining Corp . (TSX.v:XIM)(FRA:1XMA)(OTCQB...

About this update from Ximen Mining Corp.
[{"type":"text","content":"Ximen Mining Identifies New Exploration Targets from Airborne Magnetic Survey at Amelia Gold ProjectVANCOUVER, BC / ACCESSWIRE / September 19, 2023 / Ximen Mining Corp. (TSX.v:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the \"Company\" or \"Ximen\") announces an initial interpretation of results from an airborne magnetic survey has been completed for its Amelia property, located at historic Gold Camp McKinney near Rock Creek in southern British Columbia.Figure 1. Amelia Property map showing survey area. The Amelia property covers the historic Cariboo-Amelia gold mine in Camp McKinney near Rock Creek, BC in the Greenwood Mining Division. Over its history, the Cariboo-Amelia mine produced 81,602 ounces of gold and 32,439 ounces of silver from 112,254 tonnes milled (BC Minfile). The mine is part of a 4-kilometer system of gold-quartz veins and historic workings. Ximen is exploring for extensions to the historic mine and to discover new parallel mineralized zones.A drone UAV magnetic survey was completed over the core part of Ximen's Amelia property (Figure 1 above). The survey was flown at a height of 35 m on lines oriented at azimuth 80° and spaced 50 m, for a total of 127.92 line km. The purpose of the survey was to aid interpretation of the geological units beneath cover, and to identify de-magnetized areas potentially associated with alteration and mineralization.Figure 2. Drone Magnetic survey map (total magnetic intensity - reduced to pole) and features identified. Several magnetic anomalies (high and low) were identified in the survey. The western area shows a higher magnetic signature in the TMI-RTP map (Figure 2 above), that is interpreted as a Jurassic granodioritic intrusion, which has been mapped in the western area of the project. The magnetic high indicates it extends further east than mapped. Two other magnetic highs were identified towards the central-northern area as well as one in the northeast that are interpreted as possible intrusive bodies.Magnetic lows were identified in the central area as well as in the northeast (2). The stratigraphy of the central and eastern area consists of Paleozoic (Anarchist Schist) comprised of interlayered quartzite and metavolcanic units, and a limestone unit. The magnetic lows possibly represent areas where non-magnetic quartzites are predominant.Figure 3. Image of the drone magnetic surve...