Ximen Mining Corp in Final Stages of Building Stabilization Inspection at Kenville Mine Project

Ximen Mining Corp. (XIM) is in the final stages of completing a building stabilization inspection at its Kenville mine project in southeastern British Columbia. The company does not anticipate complications at this stage.

A comprehensive safety report on existing site structures must be completed before the next phase of work can commence. Management emphasizes that finalizing this safety report is a critical prerequisite for safely advancing the project.

The update follows a series of engineering and surveying milestones over the past two months, including robotic LiDAR mapping, foundation investigations, and water retention plan assessments.

Ximen Mining Corp. (XIM) announced routine, incremental progress in the pre-construction engineering phase of its Kenville project. This development aligns with previous announcements from May and June 2026 regarding the completion of hydrogeologic, geotechnical, and ground support design work. The completion of the safety report serves as a standard regulatory and operational prerequisite, with no immediate financial impact or change to the project timeline. The market likely already priced in this step as part of the broader engineering and permitting pathway.

Ximen Mining Corp. (XIM) is a junior gold explorer and developer operating exclusively in British Columbia. Its flagship asset is the Kenville Gold Mine, a historic property located in the Nelson mining camp. The company plans to construct a new underground decline to access gold-bearing quartz veins identified through surface drilling.

The company’s portfolio also includes the Amelia Gold Mine, the Brett Epithermal Gold Project, and the Treasure Mountain Silver Project, which is held under an option agreement. Ximen Mining is currently pre-revenue and carries an accumulated deficit of nearly $53 million. The company relies entirely on equity financings and high-interest loans to fund its operations.