Vancouver, B.C. - (TSX-V: XIM) Ximen Mining Corp. (the "Company" or “Ximen”) is pleased to announce that a diamond drill has been mobilized to the Brett epithermal gold property near Vernon and that the drill program is underway. 

A minimum of 3000 m of drilling is planned in 15 holes.  Core will be HQ in size for vein-style targets in the vicinity of the Main Zone, and NQ2 in size for exploration holes testing geophysical, geological and geochemical targets elsewhere on the property. 

"We are confident that our recent comprehensive field program conducted by our technical team, has generated drill targets designed to expose the potential of this property.  We have combined prospecting and mapping surveys with magnetic and IP surveys including geological modelling which includes all of the historical drill data and previous field work to establish the best possible drill targets".

                                                                                                    Christopher Anderson – President & CEO

The drill program underway today will target two significant areas on the property. The first part will consist of approximately 1500-2000 m of drilling to test the high-grade vein targets in the vicinity of the Main Zone. Specifically, drilling will test the Amethyst Dyke zone located 50-100 m east of the Main Zone.  Strong alteration, local quartz veining, favourable trace element geochemistry and anomalous gold values occur in outcrop and in limited historic drilling, over a 350 m strike length along this north-northwest trending structure.   The highest grade gold intersection from historic drilling on the property, 4.9 oz/t Au over 1.3 m, is from the single deep drill hole along the Amethyst Dyke zone.  This intersection remains untested by any subsequent drilling on the property. 

Also in the vicinity of the Main Zone, drilling will test an area of strong silicification with anomalous gold and trace element geochemistry in soils and rock.  This area, the Border Zone, is located 250 m west of the Main Zone and is also untested by previous drilling on the property.

The second part of the program will target the newly discovered magnetic low anomaly that measures 1.1 by 1.1 Km in size and is still open to the North. The IP survey,that was completed a couple weeks ago defined 2 strong IP chargeability anomalies with in the Mag Low which is west of the Garben –bounding Fault. These chargeability anomalies occur in an area of low topographic relief, 500 to 1200 m northeast of the Main Zone.   The area has deep alluvial cover, extremely poor rock exposure, and is untested by previous drilling on the property. 

This year’s work has resulted in a new and exciting geological model for the Brett property. The company's results indicate district-scale potential, similar to the Republic Gold District in Washington. There is a plethora of targets for gold mineralization in the area and suggest potential for both high-grade veins and for larger, lower-grade bulk tonnage mineralization. As a result the company has expanded its land position by staking and acquisition, from the original 2,250-hectare package held at the beginning of the season, to in excess of 21,000 hectares. Strongly altered Eocene volcanics and intrusives have been identified in several areas within the expanded land package. This drill program is only testing a few targets within one quadrant of this comprehensive land package.

For further information and reference to proposed drill locations and historic drill results please view our corporate presentation on www.ximenminingcorp.com.

Brett Geological Map 

Magnetic Survey Map over Brett Typography

 

Brett IP Sections and Proposed Drill Holes 



 

Patrick Forseille, P. Geo., a Qualified Person as defined by NI 43-101 is responsible for the technical information contained in this release.

About Ximen Mining Corp.

Ximen Mining Corp. owns 100 percent interest in its two projects, Gold Drop Project and Brett Gold Project located in southern British Columbia. Recently the company has entered into a due diligence agreement with Huldra Silver Inc. for the purposes of determining the feasibility, terms and conditions of a proposal for the acquisition of Huldra Silver. Ximen is a publicly listed company trading on the TSX Venture Exchange under the symbol XIM, and is listed on the Frankfurt, Munich, and Berlin Stock Exchanges in Germany under the symbol 1XM and WKN number is A1W2EG as well in the USA on the OTCQX under the symbol XXMMF. 

On Behalf of the board

“Christopher R Anderson”

Christopher R. Anderson, President, CEO and Director, Ximen Mining Corp.

For further information, please contact Ward Kondas   604-488-3900 or by email at ward@ximenminingcorp.com.

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.
Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.