InvestmentPitch Media Video Discusses Ximen Mining’s Receipt of Final Environmental Permit for Historic Kenville Mine in Southeastern British Columbia
03 Mai 2023 - 12:00PM
Ximen Mining (TSXV:XIM) (OTCQB:XXMMF) (FSE:1XMA) has received its
all-important Environment Permit for its Kenville Gold Mine project
in British Columbia. This Final Environment Permit for discharge,
under the Environmental Management Act, was issued by the Ministry
of Environment and Climate Change Strategy.
A Media Snippet accompanying this announcement is
available by clicking on the image or link below:
For more information, please view the
InvestmentPitch Media video which provides additional information
about this news and the company. The video is available for viewing
on “InvestmentPitch” and on
“YouTube”. If these links are not enabled, please
visit www.InvestmentPitch.com and enter “Ximen” in
the search box.
Christopher Anderson, President and CEO, stated:
"The Kenville Gold Mine, established in 1888, was one of the first
underground gold mines in British Columbia. We have worked
tirelessly on obtaining the necessary permits for this specific
site, and now we are proud to announce that the Kenville Gold Mine
is well on its way to becoming one of the greenest and most
sustainable gold mines in Southern British Columbia. With high
expectations and a strong sense of commitment, we are working hard
to achieve the next phase of milestones, which will ultimately
bring the Kenville Gold Mine to fruition. As we move forward, we
anticipate providing a steady flow of updates to keep everyone
informed."
The company’s 100%-owned Kenville Gold Mine
project at Nelson, British Columbia, continued production into the
1950’s. The historical production records show 65,381 ounces of
gold produced from 158,842 tonnes milled, for a recovered grade of
12.8 grams per tonne, or 0.37 ounces per ton gold. Management
cautions that these are historic estimates and should not be
treated as current mineral resources.
In 2009, previous operators conducted detailed
sampling on the 257 Level of the Kenville mine and based on the
results, an historic mineral resource was estimated, showing 16,289
ounces gold in the measured and indicated categories, along with
356,949 ounces gold in the inferred category.
The permit includes the following conditions:
- Provide surface water runoff control works for all areas of the
site where runoff is generated. (Completed & being
Reviewed)
- Implement the Site-wide Water Management Plan (WMP) and ensure
the WMP is kept up-to date. (Completed)
- Implement the Nitrogen Management Plan (NMP) and review the NMP
annually. (Completed)
- Conduct a discharge monitoring program (three specified sites)
- (Completed)
- Conduct a surface water monitoring program (seven sites) -
(Completed)
- Within 45 days of commencement of discharge, submit a summary
report for the water quality results of the discharge from the
underground mine. (Completed and ready for submission)
The required documentation is now being prepared
and once approved the authorized works will be constructed and the
underground mine development will kick-off.
Ximen also owns 100% of three precious metal
projects located in southern BC, the Amelia Gold Mine, the Brett
Epithermal Gold Project, and the Treasure Mountain Silver Project
adjacent to the past producing Huldra Silver Mine. Currently, the
Treasure Mountain Silver Project is under an option with the option
partner making annual staged cash and stocks payments as well as
funding the project.
The shares are trading at $0.15. For more
information, please visit the company’s website,
www.XimenMiningCorp.com, contact Christopher R. Anderson, President
and CEO, at 604-488-3900. For Investor Relations, contact Sophy
Cesar, at 604-488-3900 or by email at ir@XimenMiningCorp.com.
About InvestmentPitch Media
InvestmentPitch Media leverages the power of
video, which together with its extensive distribution, positions a
company’s story ahead of the 1,000's of companies seeking awareness
and funding from the financial community. The company specializes
in producing short videos based on significant news releases,
research reports and other content of interest to investors.
Disclaimer
The information in this InvestmentPitch Media Ltd
video is for the viewers information only. Ximen Mining has paid a
fee not exceeding $2,000 in cash to have its current news release
produced in video format. The corporate information is based on
information that is publicly available. Any information provided by
InvestmentPitch Media Ltd., through its media services is not to be
construed as a recommendation or suggestion or offer to buy or sell
securities but is provided solely as an informational media
service. InvestmentPitch Media Ltd makes no warranties or
undertakings as to the accuracy or completeness of this
information. All due diligence should be done by the viewer or
their financial advisor. Investing in securities is speculative and
carries risk.
CONTACT: InvestmentPitch Media Barry Morgan, CEO
bmorgan@investmentpitch.com
Ximen Mining (TSXV:XIM)
Historical Stock Chart
Von Nov 2024 bis Dez 2024
Ximen Mining (TSXV:XIM)
Historical Stock Chart
Von Dez 2023 bis Dez 2024