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Ximen Mining ( (TSE:XIM) ) has provided an announcement.
Ximen Mining Corp has announced a significant development in its Brett epithermal gold project by identifying a crucial structural control on gold mineralization. The company’s technical team has used recent drill hole data to map synvolcanic faults that serve as major hosts of gold deposits. This discovery may enhance the understanding and potential extraction of gold from the Main Zone and West Zone of the project, potentially impacting the company’s operations and market positioning positively.
More about Ximen Mining
Ximen Mining Corp is a company in the mining industry focused on exploring and developing gold projects. It is engaged in the exploration of mineral properties, with a specific focus on the Brett epithermal gold project located near Vernon in south-central British Columbia.
YTD Price Performance: 73.33%
Average Trading Volume: 37,602
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$7.15M
For an in-depth examination of XIM stock, go to TipRanks’ Stock Analysis page.