Ximen Mining Provides Engineering Update for Kenville Mine Project

About this update from Ximen Mining Corp.

Nelson BC Vancouver, British Columbia--(Newsfile Corp. - May 29, 2026) - Ximen Mining Corp. (TSXV: XIM) (FSE: 1XM) (OTC: XXMMF) (the "Company" or "Ximen") is pleased to provide the following update on its Kenville mine project, located in the historic Nelson mining camp in southeastern B.C. Design cross section of decline tunnel(Ground Support Standards, Kenville Mine, P.B. Hughes & Associates, 2014) To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3028/299317_3949021be4d11b45_001full.jpg The Company reports that detailed design work is underway for the planned underground mine development, and that the hydrogeologic, geotechnical and ground support design components have already been completed. A consultant engineer is now scheduled for a site examination early June (next week) to assess existing building foundations. "Kenville continues to move forward in a very constructive way. The completion of key hydrogeological, geotechnical and ground-support design components represents meaningful progress toward preparing the project for the next stage of underground development. With the upcoming site examination of the existing building foundations, we are continuing to de-risk the pathway toward a future construction start for the new decline and the potential reopening of one of British Columbia's historic gold mines," states Mr. Anderson, President, Ximen Mining Corp. This work forms part of the continuing effort the Company is making to push toward a construction start for the new underground decline, which will ultimately access multiple gold-bearing quartz veins that were intersected in surface drill holes surrounding the past producing Kenville gold mine. Map of Kenville showing new decline, old mine workings and significant drill intercepts To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3028/299317_3949021be4d11b45_002full.jpg Readers are cautioned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate. Dr. Mathew Ball, P.Geo., VP Exploration for Ximen Mining Corp. and a Qualified Person as defined by NI 43-101, reviewed and approved the technical informati...

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