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Ximen Mining Corp Engineered Mine Design Initiated for Kenville Underground Project — Nelson BC

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Ximen Mining Corp Engineered Mine Design Initiated for Kenville Underground Project — Nelson BC

Executive Summary

Ximen Mining Corp has commenced detailed engineering work for underground mine design at its Kenville gold project in the historic Nelson mining camp of southeastern British Columbia. The comprehensive engineering package will include technical drawings, calculations, specifications, and detailed descriptions covering the geometry of all existing and proposed excavations, along with assessments of geologic, hydrogeologic, and geotechnical conditions affecting the mine development. The design work also encompasses excavation design and ground support systems, all of which must be submitted to the Ministry of Energy and Critical Minerals upon commencement of operations.

The company has already submitted closure plans and associated cost estimates for the new Venango, 257, and 275 portals to the provincial ministry, demonstrating compliance with regulatory requirements. This engineering initiative represents a significant advancement in the development timeline for the Kenville project, positioning the company to move toward construction of a new underground decline.

The planned underground development will provide access to multiple gold-bearing quartz veins that were successfully intersected during surface drilling programs conducted west and south of the historic Kenville gold mine. This systematic approach to mine development reflects the company's methodical strategy to unlock the mineral potential of the Nelson mining district, building upon the area's established gold mining heritage.

The progression to detailed mine design marks a critical transition from exploration to development for Ximen Mining, indicating the company's confidence in the economic viability of the Kenville project. The technical work is being overseen by qualified professionals, with Dr. Mathew Ball, P.Geo., serving as the Qualified Person responsible for reviewing and approving the technical information. This development phase positions Ximen to potentially become a gold producer in British Columbia's established Nelson mining region.
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