Ximen Mining Files Technical Report The Brett Gold Project Vernon BC
Vancouver, British Columbia (FSCwire) - Ximen Mining Corp. has filed an independent technical report entitled " Ximen Mining Corp. NI 43-101Technical Report The Brett Project, British Columbia, Canada." The technical report, which is dated September, 2017, with an effective date of September 22, 2017, was prepared by Marek Mroczek, P.Eng. A copy of the technical report will be available under the company's profile on SEDAR and on the company’s website.
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Highlights Include:
Potential exists on the Brett property for both high-grade, structurally controlled vein-style mineralization, and for lower grade bulk tonnage mineralization controlled by more permeable stratigraphic units. Both targets are viable exploration targets.
Potential exists for both bulk tonnage gold mineralization where controlling structures pass through more permeable horizons and for high grade vein style mineralization where these structures cut more brittle coherent volcanics.
Results from a ground mag survey and the 2014 IP survey, indicate drill targets may be developed that focus on the high-potential structural domains.
A second, sub parallel, chargeability anomaly was detected to the west. By the southernmost line of the survey, this western anomalous zone has merged with the main anomaly to create a chargeability feature that exceeds 1 km in width.
Magnetic Survey Map over Brett Topography
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Recommendations Include:
Exploring the strong north-northwest trend in the multi-element biogeochemical anomaly west of the Gossan Zone which has never been tested by drilling. As well as, resampling a portion of L8900 grid line to verify certain results. (See Figure #2)
Further drilling for the Brett property, at the Boundary Zone, drilling should test more permeable altered horizons (encountered in hole B14-06) on-strike, near their intersection with important structures that acted as fluid pathways. Drilling is also required to establish the geometry and extent of the new zone of mineralization encountered in hole B14-13.
Exploration drilling to test the zone on-strike to the north, particularly at depth beneath the Stockwork Zone. As with the Boundary Zone, potential exists for both bulk tonnage gold mineralization where controlling structures pass through more permeable horizons and for high grade vein style mineralization where these structures cut more brittle coherent volcanics.
Rehabilitate the adit to conduct underground exploration including exploratory drill holes.
An airborne magnetic survey is recommended as a first-pass method to evaluate the large claim block for such areas of alteration. Electromagnetic airborne could help define structures and silicified zones.
Obtain laser topographic scanning (Lidar) map for the topographic surface. A Lidar scanned map provides the best approximation of true ground conditions.
Figure #2
- Mo +/- Te, Tl, Se, Hg, Sb, Au anomaly
- NNW trending, 500 m strike, open to N
- Possible second order structure off graben boundary fault
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The qualified person for the Brett technical report is Marek Mroczek, P.Eng. Mr. Mroczek is independent of Ximen Mining Corp. and is a Qualified Person as defined by NI 43-101, and is responsible for the technical content of this press release.
On behalf of the Board of Directors,
“Christopher R. Anderson”
Christopher R. Anderson,
President, CEO and Director
604 488-3900
About Ximen Mining Corp.
Ximen Mining Corp. owns 100 percent interest in all three of its precious metal projects. Ximen's two Gold projects, The Gold Drop Project and Brett Gold Project are located in southern British Columbia. Ximen also owns the Treasure Mountain Silver project adjacent to the past producing Huldra Silver Mine. Ximen is a publicly listed company trading on the TSX Venture Exchange under the symbol XlM, in the USA under the symbol XXMMF, and in Frankfurt, Munich, and Berlin Stock Exchanges in Germany under the symbol lXM and WKN with the number as AI W2EG.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any state in the United States in which such offer, solicitation or sale would be unlawful. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Ximen Mining Corp
888 Dunsmuir Street- Suite 888, Vancouver, B.C., V6C 3K4 Tel: 604-488-3900
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Ximen09292017.pdf
Source: Ximen Mining Corp. (TSX Venture:XIM)
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