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Ximen Receives Permit to Drill Brett Epithermal Gold-Silver Property
VANCOUVER, BC / ACCESSWIRE / August 5, 2020 / Ximen Mining Corp . (TSXV:XIM)(FRA:1XMA)(OTCQB:...
About this update from Ximen Mining Corp.
[{"type":"text","content":"Ximen Receives Permit to Drill Brett Epithermal Gold-Silver PropertyVANCOUVER, BC / ACCESSWIRE / August 5, 2020 / Ximen Mining Corp. (TSXV:XIM)(FRA:1XMA)(OTCQB:XXMMF) (the \"Company\" or \"Ximen\") is pleased to provide the following update on its Brett property near Vernon in southern British Columbia.Ximen recently received approval for surface drilling at its Brett property. A proposal for surface drilling was made to the Ministry of Mines earlier this year to allow work on the property to continue while the Ministry completes their review an underground exploration proposal that was filed last year. The purpose of the surface drilling program is to extend the known bonanza grade zones and test for lower grade, bulk mineable targets.The Brett epithermal gold deposit is located 30 kilometres west of Vernon, in southern B.C. Ximen acquired the property late in 2013, and in 2014 acquired additional adjoining claims. Land holdings in this area now total 20,000 hectares.Previous work on the Brett property was primarily from the early 1980's through to 2004 and included over 15,000 metres of diamond drilling that resulted in discovery of several zones of epithermal-style gold mineralization with an approximate ratio of silver to gold of 2:1. Exploration work by Ximen included ground magnetics/VLF-EM, soil geochemistry, biogeochemistry, rock sampling, geological mapping, induced polarization and diamond drilling in 2014, followed by a second round of drilling in 2016.The 2014 program discovered two new gold-bearing zones, with results including 34.18 g/t Au over 0.9 m from one zone and 16.7 g/t Au over 1.5 m from the second. Significant intervals of bulk tonnage gold mineralization were also intercepted, including 1.77 g/t Au over 31m, 1.88 g/t Au over 16.55m and 0.82 g/t Au over 33m. The 2016 program resulted in drill hole intercepts including 18.95 g/t Au over 1m, 3.13 g/t Au over 1.1 m, 13.35 g/t Au over 0.58 m 5.7 g/t Au over 0.5 m in holes 16-1, 2 , 11 and 17 respectively.The Main Zone is where most of the previous exploration work was focussed and where high-grade epithermal gold mineralization has been defined. In 1993, reverse circulation hole RC93-19 returned a significant intersection of 16.76m grading 35.79 g/tonne Au (1.045 oz Au/ton) including 3.048 m grading 57.88 g/tonne Au (1.69 oz/ton Au ) and 4.57 m grading 107.88 ...