Mr. Christopher Anderson reports

XIMEN MINING SELECTIVE SAMPLING RESULTS FROM ITS 2016 DRILL PROGRAM BRETT GOLD PROJECT, VERNON BC CANADA

Ximen Mining Corp. has completed the diamond drill program on the Brett epithermal gold-silver property, located 30 kilometres west of Vernon, B.C. A total of 16 HQ diamond drill holes totalling 2,364 metres was drilled into specific targets between July and September, 2016. Assay results from a few selected intervals of the drill holes returned significant results. Additional sampling of the drill core is being carried out so that the company will have all holes fully assayed. The assay results will be released upon receipt.

"We are extremely pleased with the work that has been complete so far this year, and that our market cap has appreciated over 300 per cent. The company is now in a superior position to advance the Brett gold project, since we own it 100 per cent and have no further cash commitments. Prudent decisions are currently being made to advance the project as the technical team sees appropriate," said Christopher Anderson, president and chief executive officer of Ximen Mining.

Some of the significant results of the selected intervals are shown in the associated table.

Hole No.           From            To        Length            Au            Ag
               (metres)      (metres)      (metres)         (g/t)         (g/t)

1                 90.83         91.83             1         18.95
                  91.83         92.83             1         0.771
                  92.83         93.83             1         0.418
                  93.83         94.83             1         0.835
2                 80.54         81.64          1.10          3.13
                  81.64         82.70          1.06          0.32
                  82.70         83.81          1.11          3.66
11                61.00         62.00          1.00         1.635           8.7
                                                                        greater
                                                                           than
                  62.00         62.58          0.58         13.35          1.00
                  62.58         63.63          1.05         0.771           4.8
17               139.00        139.50           0.5         5.700           3.2
                 139.50        141.40           0.9         1.300           3.5
                 141.40        142.00           0.6         0.849           2.9
                 142.00        143.00           1.0         1.005           3.5
19                 92.0          93.0           1.0         3.440          13.4
                   93.0          94.0           1.0         4.150          46.7
21                 83.0          84.0           1.0          2.38           5.5
22                 27.0          28.0           1.0          3.09           4.7

Note 
Two thousand sixteen drill holes 3, 4, 8, 9 and 12 have not 
been drilled as of yet.
   

A total of 553 core samples was submitted to ALS Canada Ltd. and analyzed for Au and Ag, including a 32-element inductively coupled plasma analysis. Blanks and standards for all sample series in accordance to National Instrument 43-101 guidelines were carried out by ALS.

Epithermal gold-silver mineralization on the Brett property consists of native gold, electrum and argentite and is associated with multiphase silicification, chalcedony breccias, veins, stockwork veinlets as well as late-state calcite fillings within the silicified zones and veinlets. The structural orientations and interpretation of the breccia zones, veins and veinlets from the systematic drilling carried out to date are being compiled to delineate higher-grade bonanza shoots close to existing underground workings. Systematic channel sampling is also planned in the historic open pit to determine the limits of the mineralization.

Past drilling assay results have returned many bonanza-grade drill intercepts through the Main zone structure. The best one to date is from hole R-88 with 4.9 ounces per ton (169.6 grams per tonne) over 25.1 feet (7.65 metres). Additionally, 10 more intercepts of over one ounce per ton are reported while another 14 intercepts ranging from 0.3 ounce per ton to one ounce per ton are also reported. Besides multiple high-grade drilling intercepts, 291 tonnes of ore were removed and processed at the Cominco smelter in Trail, where the recovered values averaged 27.74 g/t gold and 63.7 g/t silver.

Mohan R. Vulimiri, MSc, PGeo, technical adviser, is a qualified person as defined by NI 43-101. Mr. Vulimiri has approved the technical content contained in this press release.

The company has granted 1.2 million stock options at an exercise price of 12 cents per share. The options are exercisable for five years and will be cancelled 30 days after cessation of acting as director, officer, employee or consultant of the company.

About Ximen Mining

Ximen Mining owns a 100-per-cent interest in all three of its precious metal projects. Ximen's two gold projects, the Gold Drop project and Brett gold project, are located in Southern British Columbia. Ximen also owns the Treasure Mountain silver project adjacent to the past-producing Huldra silver mine.