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Ximen Mining Corp.
Summary
| Project: | Brett Gold | |
|---|---|---|
| Deposit: | Brett Gold | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 11/21/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-11-2016: Ximen Mining Corp. announces an Exploration/Drilling Update report for its Brett Gold deposit at the Brett Gold project. Drilling results incl. 1m @ 18.95g/t Au from 90.83m. Vancouver, B.C. - November 21, 2016 - TSX-V: XIM) Ximen Mining Corp. | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mohan Vulimiri (Internal) | |
| ABSTRACT: | Vancouver, B.C. - November 21, 2016 - TSX-V: XIM) Ximen Mining Corp. (the “Company” or “Ximen”) announces that it has completed the diamond drill program on the Brett Epithermal Gold-Silver Property, located 30 kilometres west of Vernon, BC. A total of 16 HQ diamond drill holes totaling 2364 meters, were drilled into specific targets between July and September 2016. Assay results from a few selected intervals of the drill holes returned significant results. Additional sampling of the drill core is being carried out so that the Company will have all holes fully assayed. The assay results will be released upon receipt. “ We are extremely pleased with the work that has been complete so far this year, and that our market cap has appreciated over 300%. The company is now in a superior position to advance the Brett Gold project, since we own it 100% and have no further cash commitments. Prudent decisions are currently being made to advance the project as the technical team sees appropriate.” says Christopher Anderson, president and chief executive officer of Ximen Mining. A total of 553 core samples where submitted to ALS Canada Ltd. and analyzed for Au. and Ag., including a 32 element I.C.P. analysis. Blanks and standards for all sample series in accordance to 43-101 guidelines was carried out by ALS. Epithermal gold silver mineralization on the Brett property consists of native gold, electrum and argentite and is associated with multiphase silicification, chalcedony breccias, veins, stockwork veinlets as well as late-state calcite fillings within the silicified zones and veinlets. | |
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