Source: Ximen Mining
  • Ximen (XIM) has begun its 2022 exploration programs, starting with its Nelson Project in B.C.
  • The company will follow up on gold, silver and copper anomalies uncovered during 2021 sampling
  • Gold values reach as high as 9.5 g/t gold
  • Ximen Mining controls four gold and silver projects in B.C.
  • Ximen (XIM) is unchanged trading at $0.125 per share

Ximen (XIM) has begun its 2022 exploration programs, starting with its Nelson Project in B.C.

Initial work includes further sampling and metallurgical testing.

Last year’s sampling programs yielded as follows:

The Wilcox tailings geochemical sampling program (128 samples) outlined a gold-bearing tailings deposit roughly 500 m x 100 m covering an estimated 67,000 sq. m. The arithmetic average gold grade is 2.39 g/t gold.

Rock sampling at the Protection Dump averaged 9.5 g/t gold, 47.5 g/t silver, 1.13 per cent lead and 1.37 per cent zinc.

Soil sampling south from the Kenville Mine reached up to 0.487 ppm gold, 7.97 ppm silver and 2,590 ppm copper. Gold anomalies occur near the Kenville property boundary and around the Jackpot occurrence property. Sampling also encountered three silver anomalies, each 400 m x 200 m and a copper anomaly measuring 400 m x 400 m.

The company plans to drill the California gold mine later in the season.

Ximen Mining controls four gold and silver projects in B.C.

Ximen (XIM) is unchanged, trading at $0.125 per share as of 9:45 am EST.

More From The Market Online

Nine Mile Metals completes acquisition of 3 properties

Nine Mile Metals (CSE:NINE) completes the exercise and acquisition of its 100 per cent interest in three properties in New Brunswick.

Junior gold CEO signals conviction with new investment

Cynthia Le Sueur-Aquin, CEO of junior gold stock Laurion Mineral Exploration (TSXV:LME), will exercise 750,000 stock options for C$142,500.

Three stocks with multi-bagger potential

The best investors stick to stocks with the most easily discernible reasons in support of their multi-bagger potential.
Laurion Mineral Exploration Ishkõday gold project

Top-performing mining stock adds three new gold zones

Laurion Mineral Exploration (TSXV:LME), a top-performing junior gold stock, shares assay results from its 2024 drilling program in Ontario.