XIMEN MINING IS ON THE RADAR OF THE BIG PLAYERS By nico popp (feb 18)

Rising oil prices are due to the actual market situation today and in the future, whereas there is a lot of psychology in the prices of gold. For example, there are doubts about the rumored withdrawal of the Russians from the Ukraine border. The consideration that the Fed is fighting a losing battle with its measures against inflation also plays a role. Market participants suspect that the central bank will not be able to raise interest rates so sharply without driving the economy into a new imbalance. Gold, in turn, could benefit from this. The Canadian Company Ximen Mining operates three precious metal projects in British Columbia and focuses on gold and silver.

Most recently, Ximen Mining received a kind of accolade in the mining scene with the entry of New Gold. The producer initially injected CAD 2.5 million into the Company. According to Ximen Mining CEO Chris Anderson, this is an initial position from which no strategic collaboration has yet followed. However, it is positive to see a company with a market capitalization of more than CAD 1 billion have a small company like Ximen on its radar, Anderson said in a video interview.

Ximen Mining expects to make operational progress in 2022 and is looking to make progress primarily at Brett Epithermal Gold. This property has been the focus of major companies in the past. However, Ximen Mining also wants to advance work on the other projects and thus ensure a continuous news flow. The share was already trading around three times higher in 2020 but suffered from the underlying conditions in recent months. With the developments around the gold price, the lean period could end soon. Since smaller stocks, such as Ximen Mining, can offer greater leverage on gold, speculative investors, in particular, should make a note of the stock for closer analysis.

XIMEN MINING – ACCOLADE by Carsten MainItz (Feb 24)

The Company focuses on the acquisition of high-grade gold deposits in southern British Columbia which are easily accessible and have good infrastructure. The Canadians aim to develop properties with a potential of several million ounces of gold.

Ximen Mining owns several 100% interests in precious metals projects. These are the two gold projects, Amelia and Brett. Also included in the portfolio is the Treasure Mountain silver project adjacent to the past-producing Huldra silver mine. Recently, the Company acquired the past-producing Kenville gold mine near Nelson, British Columbia, which includes surface and underground mining rights, buildings and equipment. Previous drill programs demonstrate the extent of high-grade vein structures. Half of the property is unexplored, and it is here where the potential lies.

The Company’s future is also believed in by the much larger New Gold Inc., which recently acquired a 9.9% interest in Ximen. Christopher R. Anderson, President and CEO of Ximen, commented, “Building strategic relationships with active partners in our community and jurisdiction is essential to Ximen’s long-term goals. Ximen looks forward to deepening its relationship with New Gold. Their initial decision to invest in Ximen’s projects and development plans is an excellent starting point.” Given the project quality, the Company, valued at CAD 23 million, is worth a closer look.

XIMEN MINING – NEW OPPORTUNITIES IN BRITISH COLUMBIA By andre will-laudien (march 1)

Ximen Mining Corp. owns a 100% interest in the following three precious metals projects in British Columbia: the Amelia gold mine, the Brett epithermal gold project, and the Treasure Mountain Silver project, which is adjacent to the formerly producing Huldra silver mine. An option agreement is currently in place for the Treasure Mountain Silver project. The option partner is making annual staged cash and share payments and funding the project’s development. In addition, claims are also held at the Greenwood mining camp, the Kenville mine and extensive blocks in the Nelson area and near Cranbrook.

At the flagship Kenville property, Ximen owns the surface and underground rights and all buildings and equipment. It is now hoped to rapidly develop the project into a small underground mine. Preparations to date include construction of the mine camp, including connection to hydroelectric power, completion of engineering works, and permitting for development of a new 1,200-meter deep decline for diamond drilling.

With the recent financing steps, the treasury is well filled. Ximen aims to manage future financing needs without debt or further dilution. The focus is always on responsible development using sustainable mining and exploration practices and creating ethical and sustainable value. This is what the new investor likes to hear. The share is currently available at CAD 0.195, which values the entire portfolio at CAD 17.5 million. In the rising gold and silver market, the chances for Ximen Mining are thus quite good.

Courtesy of News Financial via Ximen Mining