Ximen Mining Corp Drilling Update: Brett Epithermal Gold Project - Vernon BC

Original announcement by tmx on

Company
Ximen Mining Corp
Ticker
XIM
Exchange
TSX
Region
British Columbia
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Other
Extracted
2026-09-17 07:03:30 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Ximen Mining Corp provided an update on hole B24-03 at the Brett Epithermal Gold Project, which was intended to follow up on a high-grade historical gold interval. The hole intersected several clay-altered zones and porphyry dikes but did not report any gold grades.

Reasoning: The drill hole B24-03 was designed to follow up on a high-grade historical interval but failed to intersect significant gold mineralization, reporting only alteration and pyrite.

Positive factors

  • Targeting high-grade historical zones
  • Presence of alteration and porphyry dikes

Negative factors

  • No significant gold grades reported in current hole B24-03
  • Hole ended at shallow depth (155m)

Facts used in scoring: 4

Classification and evidence

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The hole was designed to follow up on a specific historical interval from hole B04-12.

Evidence · text

“This hole was designed to follow up on an interval from hole B04-12”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release includes a sign-off by a Qualified Person (Dr. Mathew Ball, P.Geo.).

Evidence · text

“Dr. Mathew Ball, P.Geo., VP Exploration for Ximen Mining Corp. and a Qualified Person as defined by NI 43-101, approved the technical information”

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Drill Results (4)

B24-03Brett Epithermal · goldIntercept: 1.76 mView all details
Link to this fact

Identity

Hole ID
B24-03
Project
Brett Epithermal
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
XIM

Geometry

Intercept
1.76 m
From
37.89 m
To
39.65 m
Hole Depth
155 m
Intercept Depth
37.89 m

Classification

Program
exploration
Sample Type
drill
Group ID
B24-03:37.89-39.65
Mining Method
unknown

Location

Location
Brett Epithermal Gold Project
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-10-16T00:00:00.000Z

Reasoning: Intersection of clay-pyrite altered zone with 5% pyrite; no gold grade reported.

Evidence · text

“intersected a clay-pyrite altered zone from 37.89 to 39.65m (1.76m) with 5% disseminated pyrite”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Ximen also owns the Treasure Mountain Silver Project adjacent to the past producing Huldra Silver Mine."

B24-03Brett Epithermal · goldIntercept: 0.44 mView all details
Link to this fact

Identity

Hole ID
B24-03
Project
Brett Epithermal
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
XIM

Geometry

Intercept
0.44 m
From
135.82 m
To
136.26 m
Hole Depth
155 m
Intercept Depth
135.82 m

Classification

Program
exploration
Sample Type
drill
Group ID
B24-03:135.82-136.26
Mining Method
unknown

Location

Location
Brett Epithermal Gold Project
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-10-16T00:00:00.000Z

Reasoning: Clay altered zone on porphyry dike footwall contact with 2% pyrite; no gold grade reported.

Evidence · text

“clay altered zone on its footwall contact from 135.82-136.26 (0.44m) with 2% pyrite”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Ximen also owns the Treasure Mountain Silver Project adjacent to the past producing Huldra Silver Mine."

B24-03Brett Epithermal · goldIntercept: 1.04 mView all details
Link to this fact

Identity

Hole ID
B24-03
Project
Brett Epithermal
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
XIM

Geometry

Intercept
1.04 m
From
146.26 m
To
147.3 m
Hole Depth
155 m
Intercept Depth
146.26 m

Classification

Program
exploration
Sample Type
drill
Group ID
B24-03:146.26-147.3
Mining Method
unknown

Location

Location
Brett Epithermal Gold Project
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-10-16T00:00:00.000Z

Reasoning: Clay altered zone on porphyry dike upper contact with 2% pyrite; no gold grade reported.

Evidence · text

“third clay altered zone was intersected at 146.26-147.3 (1.04m) with 2% pyrite”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Ximen also owns the Treasure Mountain Silver Project adjacent to the past producing Huldra Silver Mine."

B24-03Brett Epithermal · goldIntercept: 0.84 mView all details
Link to this fact

Identity

Hole ID
B24-03
Project
Brett Epithermal
Commodity
gold
Region
canada_bc
Reported Region
canada_bc
Ticker
XIM

Geometry

Intercept
0.84 m
From
150.96 m
To
151.8 m
Hole Depth
155 m
Intercept Depth
150.96 m

Classification

Program
exploration
Sample Type
drill
Group ID
B24-03:150.96-151.8
Mining Method
unknown

Location

Location
Brett Epithermal Gold Project
Loc. Source
document

QA/QC

QP Signed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2024-10-16T00:00:00.000Z

Reasoning: Clay altered zone in volcanic rock with 2% pyrite; no gold grade reported.

Evidence · text

“fourth clay altered zone was intersected in the volcanic rock from 150.96-151.8 (0.84m) with 2% pyrite”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Ximen also owns the Treasure Mountain Silver Project adjacent to the past producing Huldra Silver Mine."

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.