Ximen Mining expands footprint with new land package in historical mining region of British Columbia
Ximen Mining Corp (CVE:XIM) (OTCMKTS:XXMMF) announced Friday that it had acquired nearly 13,000 hectares of land near the Gold Drop property in British Columbia, Canada.
The new land package comprises 17 mineral tenures surrounding the Gold Drop property that is under an option agreement with Ximen’s partner GGX Gold Corp (CVE:GGX) (OTCQB:GGXXF), and adjoins a large swatch of land currently being explored by major gold producer Kinross Gold Corp (NYSE:KGC) (TSE:K) .
The Vancouver-based company’s land hosts several past producing mines and known mineral occurrences, including the Providence mine that operated for nearly 80 years and produced 183 kilograms of gold and nearly 43,000 kilograms of silver.
READ: Ximen Mining’s option partner GGX Gold set to start diamond drilling at Gold Drop in April
Ximen’s field crew recently visited the Providence claim to collect new samples for the historic mine. Results showed significant gold and silver values of 2.87 grams per ton gold and 127 grams per ton silver.
At Gold Drop, GGX Gold has drilled 71 holes, two of which intercepted around 108 grams per ton gold and 880 grams per ton silver over about 7 metres.
Shares of Ximen were up nearly 5% in Thursday’s trading to close at C$0.69 in Canada, and were at US$0.48 by Thursday’s close in the US.
Contact Angela at [email protected]
Follow her on Twitter @AHarmantas
Story by ProactiveInvestors
Source: https://www.proactiveinvestors.com/companies/news/218055/ximen-mining-expands-footprint-with-new-land-package-in-historical-mining-region-of-british-columbia-218055.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).