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Ximen Mining's April Drill Program Targeting Bud Elk Copper Gold Porphyry Targets

VANCOUVER, BC / ACCESSWIRE / March 24, 2022 / Ximen Mining Corp . (TSXV:XIM)(FRA:1XMA)(OTCQB:...

articleXimen Mining Corp.March 24, 20225/company/ximen-mining-corp/news/ximen-minings-april-drill-program-targeting-bud-elk-copper-gold-porphyry-targets
Ximen Mining's April Drill Program Targeting Bud Elk Copper Gold Porphyry Targets

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[{"type":"text","content":"Ximen Mining’s April Drill Program Targeting Bud Elk Copper Gold Porphyry TargetsVANCOUVER, BC / ACCESSWIRE / March 24, 2022 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the \"Company\" or \"Ximen\") announces that it is planning to start drilling at its Bud-Elk property, situated in the Greenwood Mining Camp in southeastern BC.Ximen's Bud-Elk property is located west of the city of Greenwood in southeastern BC. The 2022 exploration program of trenching and drilling is designed to test targets for disseminated gold-copper mineralization. Drilling is scheduled to start next month.The Bud Elk property covers 7 mineral occurrences of which the Morrison is recorded as a past producer, with total production of 230 ounces of gold, 837 ounces of silver and 23,637 ponds of copper from 2,637 tonnes. Two types of mineralization are present at Bud-Elk: 1) disseminatedcopper-gold porphyry style, and 2) copper-gold skarns.At Morrison, disseminated pyrite and minor chalcopyrite, and narrow massive sulfide zones were encountered in trenching and drilling by previous owners in 2003 and 2005. The most significant gold, silver and copper values from that program were obtained in zones of massive sulfide mineralization.At the Buckhorn showing, disseminated pyrite, pyrrhotite and chalcopyrite occurs in diorite. Trenching by the previous owner in 2008 exposed mineralization including 43.5 metres grading 0.37% Cu and 0.60 g/t Au and 45.0 metres grading 0.57% Cu and 0.40 g/t Au.At the Moreen showing, 400 metres south of the Buckhorn, trenching by the previous owner in 2008 exposed quartz diorite with disseminated copper-gold mineralization, including 32 metres grading 0.23% Cu and 0.12 g/t Au.Bud Elk Copper Gold Property: massive sulphide at Morrison ( left), trench at Morrisson (right),Two additional showings were reported by the previous operators. The first is the Iron Top showing, where disseminated chalcopyrite occurs in in an east-west trending zone that can be traced over 500 metres. Grab samples collected by the previous owner in 2012 returned results up to 0.91% Cu and 1.41 g/t Au from disseminated mineralization, and 0.58% Cu and 0.82 g/t Au from skarn-type mineralization. The second is the XLCR showing, where one grab sample collected in 2012 by previous owners of disseminated pyrite and chalcopyrite returned a value of 0....

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