XIMEN CONCLUDES 2023 DRILLING AT AMELIA GOLD PROJECT CAMP MCKINNEY, BC

Ximen Mining Corp. (TSX-V: XIM) (FRA: 1XMA) (OTCQB: XXMMF) announces that has completed its drill campaign for 2023 and demobilized equipment from the Amelia Gold project in Camp McKinney near Rock Creek in southern BC. The outdoor temporary camp was disassembled and demobilized with the onset of winter conditions.

Photo of drill camp taken a few days before shut-down

The Cariboo-Amelia mine was BC’s first dividend paying gold mine. Over its 68-year history, the mine produced 81,602 ounces of gold and 32,439 ounces of silver from 112,254 tonnes milled (BC Minfile Records).

The mine is part of a 4-kilometer long system of gold-quartz veins and historic workings. Ximen is planning to continue testing this system, working outwards from the mined area.

Map of Amelia Project showing 4 kilometer extent of gold-quartz vein system

Longitudinal view of Amelia mine (looking North) showing vein blocks and 2023 drill holes

Ximen completed eight NQ-size drill holes for a total of 2,064 meters testing the down-dip extension of the historic Cariboo-Amelia gold mine. The target vein was intersected in five holes (AM23-01, 3, 5, 7 and 8) between 30 and 45 meters below the lowest mine level and over a strike length of 150 meters.

The mineralized intercepts contain pyrite, sphalerite, galena +/- chalcopyrite and pyrrhotite. Hole AM23-07 intersected multiple zones. Hole AM23-08 intersected the vein within mineralized quartz stringer alteration zone. The vein consisted of “blue quartz” containing fine grained pyrite. The “blue quartz” is a local mine term for grey quartz that typically contains gold. Visible gold hasn’t been observed, but this sulphide mineral assemblage is the same as that reported to occur in the vein where it was mined historically. Core samples will be sent for analysis once the sampling is completed.

Abbreviations: Py: pyrite, Sp: sphalerite, Gn: galena, Cp: chalcopyrite; Po: pyrrhotite
Note: Reported lengths are core lengths not true widths.

Core Photos:

Mineralized veins between 194.6 and 195.99 in Hole AM23-07

Holes AM23-03, 04, 05 and 08 intersected a second mineralized vein about 50 meters south of the main vein that is also mineralized with sulphide minerals typically associated with high gold grades.

Holes AM23-02, 04 and 06 targeted the zone at greater depths but did not intersect the vein. It is likely that the vein has been displaced by faults similar to those which occur in the upper levels of the mine, where the vein is displaced a relatively short distance to the south by flat lying faults.

Mineralized veins between 217.64 and 217.76 in Hole AM23-07

Vein intercept in hole AM23-08

Overall, the results indicate there is excellent potential for more tonnes to be mined below the lowest level of the mine workings and that there is potential for additional material in parallel zones. A better understanding of the vein system has been gained, which will be used to select additional targets along strike.

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 November 30, 2023

Return to Home page

MORE or "UNCATEGORIZED"

Delta Resources Options Delta-2 Project in Québec to Troilus Mining Corp. – $8.25M and 1% NSR to be paid over 3 years if option fully exercised

Delta Resources Limited (TSX-V:DLTA) (OTC Pink: DTARF) (FRANKFURT:6GO1) is pleased t... READ MORE

January 30, 2026

Deep Semi Massive Sulphide Zinc, Silver and Gold Intersection at Berrigan Property

Chibougamau Independent Mines Inc. (TSX-V: CBG) (Frankfurt: CLL1) (OTC: CMAUF), herein called Chibou... READ MORE

January 30, 2026

OR Royalties Acquires Additional 1.0% NSR Royalty on the Namdini Gold Mine in Ghana

OR Royalties Inc. (TSX: OR) (NYSE: OR) is pleased to announce that it has acquired an additional 1.0... READ MORE

January 30, 2026

Silver One Announces Closing of First Tranche for $31 Million

Silver One Resources Inc. (TSX-V: SVE) (OTCQX: SLVRF) (FSE: BRK1) is pleased to announce that... READ MORE

January 30, 2026

Gold X2 Announces Positive Reconciliation in Main Zone Grade Control Drilling with Intercepts Including 49.0m of 2.13 g/t Au

Gold X2 Mining Inc. (TSX-V: AUXX) (OTCQB: GSHRF) (FWB: DF8), is pleased to announce the fourth and f... READ MORE

January 30, 2026

The Prospector News