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Ximen Mining gets green light for surface drilling program at Brett gold-silver property in British Columbia

Brett is located around 30 kilometres from Vernon in the southern portion of British Columbia, where Ximen owns around 20,000 hectares

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Exploration conducted by Ximen in 2014 revealed two new gold-bearing zones including results of 34.2 grams per ton (g/t) gold over 0.9 metres and 16.7 g/t gold over 1.5 metres in another zone

Ximen Mining Corp (CVE:XIM) (OTCQB:XXMMF) has received its permit to drill the Brett epithermal gold-silver property in British Columbia, it reported Wednesday.

The approval is for a surface drilling program to extend the known bonanza grade zones and test for lower-grade targets that could be amenable to a bulk mining scenario, according to a release.

Brett is located around 30 kilometres from Vernon in the southern portion of British Columbia. Ximen’s land holding in the area comes in at around 20,000 hectares.

READ: Ximen Mining makes progress on 257 portal installation, gets closer to production of first gold Dore bar from its Kenville project

Exploration conducted by Ximen in 2014 revealed two new gold-bearing zones including results of 34.2 grams per ton (g/t) gold over 0.9 metres and 16.7 g/t gold over 1.5 metres in another zone. The explorer also intercepted intervals of bulk tonnage gold mineralization including 1.8 g/t gold over 31 metres, 1.9 g/t gold over 16.6 metres and 0.9 g/t gold over 33 metres.

Follow up drilling in 2016 resulted in drill hole intercepts of 19 g/t gold over one metre and 13.4 g/t gold over 0.6 metres.

The proposed development program at Brett includes extending the current mine by up to 200 metres and underground drilling from the existing workings and the new drift, Ximen said in a statement, with an aim to explore the Main Zone to the northwest where significant gold intercepts were intersected in surface drill holes.

An application for underground exploration development is still under review.

Contact Angela at angela@proactiveinvestors.com

Follow her on Twitter @AHarmantas

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Price: 0.44 CAD

TSX-V:XIM
Market: TSX-V
Market Cap: $26.7 m
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