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VANCOUVER, BC / ACCESSWIRE / August 14, 2020 / Ximen Mining Corp. (TSXV: XIM) (FRA: 1XMA) (OTCQB: XXMMF) (the “Company” or “Ximen”) is pleased to provide the following update on the progress of the Kenville gold mine allocation at Nelson Mining Camp in southern British Columbia.
Work on Portal 257 continued with the installation of a screen on the portal site followed by the start of soil excavation for the installation of the metal sewer. Once the excavation is complete, the metal bed of the sewer will be prepared. The preparation of the rock wall and the installation of the metal and wood assemblies will be carried out before the installation of the portal sewer. Once the sewer is installed, the floor around the portal sewer will be filled. Once this is completed, the mine (air and water lines) can be installed and connected to underground sites. This will facilitate access to the mineralized spaces described in the 2009 estimate of old resources (as described in an earlier press release of 8 April 2019).
Regulators have obtained updated authorization documents for the new denial and have now asked the company to initiate a final filing and public notification. Approval of the new underground progression program is expected once this procedure is completed.
Dr. Mathew Ball, Geo., Vice President of Exploration, Ximen Mining Corp. and a qualified user as explained through Regulation 43-101, approved the technique contained in this press release. On behalf of the Board of Directors,
“Christopher R. Anderson”
Christopher R. Anderson, President, CEO and Director 604-488-3900
Investor Relations:
Sophy Cesar, 604-488-3900, go – XimenMiningCorp.com
About Ximen Mining Corp.
Ximen Mining Corp. has a 100 percent stake in 3 of its valuable metal allocations in southern British Columbia. Ximen’s two gold allocations, Amelia gold mine and Brett Epithermal’s gold allowance. Ximen also owns the Treasure Mountain Silver assignment adjacent to the former Huldra silver mine. Currently, the assignment of Treasure Mountain Silver is the subject of an option agreement. The optional spouse makes annual money and tiered equity bills and budgets for the progression of the allowance. The company recently acquired the Kenville gold mine near Nelson, British Columbia, which includes land and subterranean rights, buildings and equipment.
Ximen is a publicly traded company listed on the TSX Venture Exchange under the symbol XIM, in the United States the symbol XXMMF and on the inventory exchanges of Frankfurt, Munich and Berlin in Germany the symbol 1XMA and WKN with the number A2JBKL.
This press release includes secure “forward-looking statements” within the meaning of Canadian securities. This press release includes secure “forward-looking statements” within the meaning of Canadian securities law, adding statements related to TSX Venture Exchange approval and Ximen Option training. While the Company believes such statements are reasonable, it cannot provide any guarantee that those expectations will prove to be accurate. Forward-looking statements are statements that are not old facts; Usually, though not always, they are known through the words “expect,” “plans,” “anticipates,” “believes,” “means,” “estimates,” “projects,” “goals,” “prospective,” “objective, “” objective,” “prospective”, or that occasions or situations” will occur “,” they may simply “,” they may simply “, ” possibly”, they may also simply” or “occur”, or are those statements that, by their nature, are the Company warns that forward-looking statements are based on beliefs , estimates and reviews of the Company’s control as of the date they are made and involve a number of threats and insecurities. Therefore, there can be no guarantee that such statements will prove to be accurate and actual effects, and long-term occasions may also differ materially from those expected in those statements. Except to the extent required by applicable securities laws and TSX Venture Exchange policies, the Company makes no commitment to update such forward-looking statements beliefs, estimates or revisions or other points change. Factors that may also cause long-term effects to differ materially from those expected in these forward-looking statements come with the option that TSX Venture Exchange may not conform to the proposed transaction at the appropriate time, if at all time. Readers are asked to view the Company’s reports, which can be accessed to the public through the Electronic Document Search and Analysis System (SEDAR) of The Canadian Securities And Administrators in www.sedar.com for a more complete investigation of those threat points and their potential threats. Effects.
This press release constitutes an offer to sell or solicitad an offer to buy securities, nor does it constitute a sale of securities in a U.S. state. Where such offer, solicitat or sale would be illegal.
Neither TSX Venture Exchange nor its regulatory service provider (as explained in TSX Venture Exchange policies) assumes the duty of the relevance or accuracy of this release.
SOURCE: Ximen Mining Corp.
See the accesswire.com edition: https://www.accesswire.com/601728/Ximen-Starts-Final-Excavation-for-Kenville-257-Portal-InstallationMoving-Closer-Towards-Production
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