Ximen Mining Corp receives Water License for Kenville Gold Project — Nelson BC

Ximen Mining Corp has achieved a critical regulatory milestone with the receipt of water licenses for its Kenville Gold Mine project near Nelson in southeastern British Columbia. The company secured two licenses under the Water Sustainability Act that authorize the use of groundwater from a bedrock aquifer, covering both the Venango property where the new underground portal and decline will be constructed, and the adjoining Election property.

The water licenses represent the removal of a key permitting hurdle that was required before construction could commence. The company still needs to complete an engineered design for a water retention tank system to protect drainage channels during flood events, as well as an engineering report on mine site building foundations and road stability. Once these final pre-construction requirements are satisfied, Ximen plans to break ground on the new underground decline.

This development marks significant progress for Ximen's flagship gold project and positions the company closer to active mining operations. The receipt of water licenses demonstrates successful navigation of British Columbia's regulatory framework and suggests the project has met environmental and technical standards for water management. For the broader sector, this represents another step forward in BC's gold mining development pipeline.

The completion of remaining engineering requirements and commencement of underground construction will be transformative milestones for both Ximen and the Kenville project. The underground decline will provide access to gold mineralization and mark the transition from exploration and permitting phases to active development and eventual production.