Mr. Christopher Anderson reports

XIMEN MINING CORP RECEIVES WATER LICENSE FOR KENVILLE GOLD PROJECT - NELSON, BC

Ximen Mining Corp. has received water licences for its Kenville gold mine project near Nelson in southeastern British Columbia.

The company reports that it has received two water licences under the Water Sustainability Act that authorize use of groundwater from a bedrock aquifer. One covers the Venango property, where the new underground portal and decline will be constructed. The other licence is for the adjoining Election property.

A water licence was required to be in place before construction of the new portal and decline could start. Other works required to be completed before construction can start are an engineered design for a water retention tank system to protect the drainage channel in case of a flood event, and an engineering report on mine site building foundations and road stability. The company is aiming to break ground for the new underground decline when these last preconstruction requirements are completed.

"Receiving these water licences is a significant step forward for our team and marks the final stretch before we break ground at Kenville. We are energized by the progress being made and look forward to commencing construction of the new underground decline, which will be a transformative milestone for Ximen and for the Kenville gold mine project," stated Christopher Anderson, president, chief executive officer and director.

Dr. Mathew Ball, PGeo, vice-president, exploration, for Ximen, a qualified person as defined by National Instrument 43-101, reviewed and approved the technical information contained in this news release.

About Ximen Mining Corp.

Ximen acquired the Kenville gold mine near Nelson, B.C., including all surface and underground property and mineral rights, buildings, and equipment. The company also owns a 100-per-cent interest in three of its precious metal projects located in Southern British Columbia, including two gold projects, the Amelia gold mine and the Brett epithermal gold project. Ximen also owns the Treasure Mountain silver project adjacent to the past-producing Huldra silver mine. Currently, the Treasure Mountain silver project is under an option agreement. The option partner is making annual staged cash and stocks payments, as well as financing the development of the project.

Ximen is a publicly listed company trading on the TSX Venture Exchange under the symbol XIM, in the United States under the symbol XXMMF, and on the Frankfurt, Munich and Berlin stock exchanges in Germany under the symbol 1XM and WKN with the number as A2JBKL.

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