The Prospector News

XIMEN COMPLETES DRILLING AT WILD HORSE GOLD PROJECT

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

XIMEN COMPLETES DRILLING AT WILD HORSE GOLD PROJECT

 

 

 

 

 

 

CRANBROOK BC

 

 

Ximen Mining Corp. (TSX-V: XIM) (FRA: 1XMA) (OTCQB: XXMMF) announces that it has completed a drill program at its Wild Horse project near Cranbrook in southeastern BC.

The Wild Horse project lies within the regional Kimberley Gold Trend and covers source areas for the famous historic Wild Horse River placer gold deposit near Fort Steele and Cranbrook in southeastern B.C. Bedrock gold was first discovered in this area as early as 1895. Gold-bearing quartz veins and breccias were drilled in 2016 and 2021, on Ximen’s property, indicating potential for a bulk-minable gold deposit.

 

Drill site at Wild Horse project

 

Retrieving drill core at Wild Horse project

 

This year, Ximen tested another area where a gold soil anomaly and abundant boulders of syenite were found along the mapped position of the Boulder Creek fault (BC Assessment report 30952).  The syenite is believed to be part of a mid-Cretaceous plutonic suite that is spatially associated with gold mineralization in the Kimberley Gold Trend.  The Boulder Creek fault is a regional fault that is interpreted as an eastward continuation of the St. Mary fault (BC Geology Survey Bulletin 84). Both faults are associated with gold deposits in the Kimberley Gold Trend (Geoscience BC Map: 2015-13-01).

A total of 528.7 meters was drilled in hole WH23-01, which intersected multiple carbonate-quartz veins and an altered and veined zone associated with a porphyry dike intruding limy argillite and limestone.  Core samples were cut and submitted for analysis.  Results are pending at this time.

 

Readers are cautioned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate.

 

Dr. Mathew Ball, P.Geo., VP Exploration for Ximen Mining Corp. and a Qualified Person as defined by NI 43-101, approved the technical information contained in this News Release.

Posted September 13, 2023

Share this news article

MORE or "UNCATEGORIZED"


Domestic Metals Closes Second Tranche of LIFE Offering and Extends Final Closing

Domestic Metals Corp. (TSX-V: DMCU; OTCQB: DMCUF; FSE: 03E) repor... READ MORE

October 31, 2025

Sitka Gold Closes $28.5 Million Financing

Sitka Gold Corp. (TSX-V: SIG) is pleased to announce it has close... READ MORE

October 31, 2025

FORTUNE BAY ANNOUNCES CLOSING OF C$8 MILLION BOUGHT DEAL PRIVATE PLACEMENT

Fortune Bay Corp. (TSX-V: FOR) (FWB: 5QN) (OTCQB: FTBYF) is pleas... READ MORE

October 30, 2025

CanAlaska Closes $15 Million Brokered Private Placement

CanAlaska Uranium Ltd. (TSX-V: CVV) (OTCQX: CVVUF) (FSE: DH7) i... READ MORE

October 30, 2025

Canstar Closes Oversubscribed Hard Dollar Financing, Strengthens Balance Sheet Ahead of 2026 Exploration Program

Canstar Resources Inc. (TSX-V: ROX) (OTCID: CSRNF) has closed the... READ MORE

October 30, 2025

Copyright 2025 The Prospector News