Report
Stephan Bogner

Location is Key for Ximen‘s Treasure Mountain Project in Southern British Columbia

Since initiating coverage on Ximen Mining Corp. last December, its share price has increased by 140% backed by a strong newsflow and appreciating gold-silver prices. With a current market capitalization of $24 million CAD, the company’s shares gained 13% in Canada yesterday following news about its Treasure Mountain Silver & Base Metal Property located in southern British Columbia, Canada.

Its option partner has received the second batch of assays from surface rock grab sampling in the southeastern part of the property, including “Up to 1.45% zinc, 122 g/t silver, 0.87 g/t gold, 57 g/t tellurium and 12.3 g/t indium”. As previously announced, the first batch of assays from grab sampling in the east-northeastern part included “11.3 & 8.81 grams per tonne (g/t) gold“. There are several reasons why the Treasure Mountain Silver & Base Metal Property (approximately 9,500 hectares) is attractive...

Underlyings
Copper Mountain Mining Corp.

Copper Mountain Mining is a mining exploration and development company. Co. is focused on its Copper Mountain mine in British Columbia.

Kinross Gold Corporation

Kinross Gold is engaged in the mining and processing of gold and, as a by-product, silver ore and the exploration for, and the acquisition of, gold bearing properties in the Americas, the Russian Federation, West Africa and worldwide. As of Dec 31 2013, Co.'s proven mineral reserves for gold and silver were 1,122 ounces and 1,179 ounces respectively.7,883 7,883 7,883

New Destiny Mining Corp.

Nicola Mining Inc

Nicola Mining is a fully integrated silver mining, exploration and development company.

Ximen Mining

Provider
Rockstone Research
Rockstone Research

Rockstone is a research house specialized in the analysis and valuation of capital markets and publicly listed companies. The focus is set on exploration, development and production of resource deposits as well as marcoeconomic analysis of commodity and currency markets. Our international team of five analysts bring our German and English speaking readership a wealth of experience from the commodity markets: Stephan Bogner (mining analyst), John P. Barry (professional geologist), Chris Berry (macroeconomist), Prof. Dr. Hans Bocker (award-winning book author), and Boris Gerjovic (fundamental analyst).

Analysts
Stephan Bogner

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