Northwire Canada EditionFriday, September 11, 2026
Northwire
GOLD 4407.30 −1.2% SILVER 64.93 −5.4% COPPER 6.55 −5.0% OIL 102.48 +6.7% PALLADIUM 1294.70 −6.2% IGO 0.190 −2.6% MCI 0.165 −2.9% GGI 0.080 +6.7% ETF 0.040 −11.1% ADE 0.100 +5.3% WDO 33.52 −3.3% IMM 0.065 +8.3% SNAG 0.240 −7.7% TUF 0.670 −2.9% VZZ 0.245 −3.9% APGO 3.55 +12.0% ISO 15.38 −6.6% VCG 1.52 +1.3% WRX 0.040 +0.0% TLG 2.22 −4.7% BARU 0.060 +0.0% GOLD 4407.30 −1.2% SILVER 64.93 −5.4% COPPER 6.55 −5.0% OIL 102.48 +6.7% PALLADIUM 1294.70 −6.2% IGO 0.190 −2.6% MCI 0.165 −2.9% GGI 0.080 +6.7% ETF 0.040 −11.1% ADE 0.100 +5.3% WDO 33.52 −3.3% IMM 0.065 +8.3% SNAG 0.240 −7.7% TUF 0.670 −2.9% VZZ 0.245 −3.9% APGO 3.55 +12.0% ISO 15.38 −6.6% VCG 1.52 +1.3% WRX 0.040 +0.0% TLG 2.22 −4.7% BARU 0.060 +0.0%
Production / Operations Routine +

Ximen Mining Corp Engineered Mine Design Initiated for Kenville Underground Project

Ximen Mining Advances Kenville Design as Pre-Construction Milestones Clear

Executive Summary

Recent Operational Progress

  • Ximen Mining Corp has initiated engineering work on detailed mine design drawings for the planned underground development at the Kenville mine project.
  • Closure plans and cost estimates for the New Venango, 257, and 275 portals have been submitted to the Ministry of Energy and Critical Minerals.
  • The new underground decline is designed to access gold-bearing quartz veins identified in previous surface drilling west and south of the historic Kenville mine.
Material Impact

Incremental Progress vs. Market Expectations

  • The news is consistent with previous announcements regarding the "final stretch" before construction commencement made in April 2026.
  • No new capital raised or resource estimates updated; this is a procedural milestone rather than a value-accretive event.
  • The market likely anticipated these engineering submissions given the water license approval and prior portal closure plan updates.
XIM · Price
Company Overview

Project Focus

  • Primary asset is the Kenville Gold Mine project in Nelson, British Columbia.
  • Flagship initiative involves constructing a new underground decline to access gold-bearing quartz veins intersected in surface drilling.
  • Secondary exploration focus includes the Brett Project (Vernon, BC), where high-grade intercepts were reported in late 2025.
Read the original news release →

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