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Ximen Mining Corp (2)
Symbol XIM
Shares Issued 40,450,368
Close 2019-10-09 C$ 0.43
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Ximen partner drills 0.38 m of 145 g/t Au at Gold Drop

2019-10-10 06:21 ET - News Release

Mr. Christopher Anderson reports


Ximen Mining Corp.'s partner, GGX Gold Corp., has released assay results for the first 10 holes drilled in 2019 at the Gold Drop property in Greenwood, B.C.

Significant assay results were obtained in five of the 10 holes, as provided in the associated table.

Hole             From        To     Length        Gold     Silver     Tellurium
                  (m)       (m)        (m)       (g/t)      (g/t)         (ppm)

COD19-01        28.36     28.74       0.38      145.00     1430.0           500
COD19-01        28.74     29.18       0.44        3.98       37.6          50.8
COD19-01        32.21     32.61       0.40        5.08       31.2          22.5
COD19-06        66.00     66.61       0.61        2.43       38.7          23.6
COD19-07        61.83     62.33       0.50        2.21        7.2         10.35
COD19-07        62.33     62.78       0.45        2.11        9.6           6.7
COD19-08        84.38     85.00       0.62        2.85       23.5          13.2
COD19-10        13.90     14.20       0.30        7.43       38.7          87.1
COD19-10        15.00     15.54       0.54       10.60       51.1          56.7
The lengths reported in the table are core interval lengths and not true 
widths; there is insufficient information to estimate true thickness.

Weighted average grades for the intercepts in holes 1 and 10 are shown in the associated table.

Hole          From       To   Length     Gold   Silver     Tellurium
               (m)      (m)      (m)    (g/t)    (g/t)         (ppm)

COD19-01     28.36    29.18     0.82    69.33    682.9          259*
COD19-07     61.83    62.78     0.95     2.16      8.3           8.6
COD19-10     13.90    15.54     1.64     5.11     24.9            36
* Provisional value: one Telluruim analysis in hole 1 exceeded the 
upper detection limit and will be reanalyzed at a later date.

The drilling tested above, below and along strike of the best intercepts from 2018 (refer to news release dated Feb. 27, 2019). The results confirm the presence of potentially economic mineralization in the COD vein at the Gold Drop property.

Analytical results reported were provided by ALS Laboratories in North Vancouver, B.C., which is an independent and accredited commercial laboratory. Analyses for gold were done by fire assay with atomic absorption finish on 50-gram subsamples, or by metallics sieve analyses. Analyses for silver and tellurium were by four-acid digestion with ICP-MS (inductively coupled plasma mass spectrometry) finish. Silver results greater than 100 parts per million were reanalyzed using a four-acid digestion and ICP-AES or AAS (atomic absorption spectroscopy) finish on a 0.4 g subsample. Quality control was monitored using analytical results for reference standards and blank samples inserted into the sample stream at a frequency of 5 per cent each.

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

About Ximen Mining Corp.

Ximen Mining owns 100-per-cent interest in three of its precious metal projects located in Southern British Columbia. Ximen's 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.

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