Ximen takes a shot at history, focuses on acquiring the high-grade Kenville Gold Mine

Already one of North America’s best performing gold stocks, Ximen Mining Corp. continues to make big headlines as the company today announced its focus on acquiring the past producing Kenville Gold Mine located near Nelson in southern British Columbia, Canada.

As recently announced in February, Ximen appointed Dr. Mathew Ball as VP Exploration, who was working to get the Greenwood Mill operational in southern British Columbia – a modern processing facility built in 2007 yet operational for only few months in 2008 due to weak precious metals prices, the global financial crisis and a corresponding lack of financing.

When you connect the dots of the Greenwood Mill and the Kenville Gold Mine on a map, the result is a mere distance of around 150 km on Highway #3 and #3A. That’s not a long trucking distance, especially when talking about high-grade quartz vein material with up to an ounce of gold per tonne.

When the Kenville Mine ceased operations in the 1950s, a total production of more than 2 tonnes of gold (plus silver, lead, zinc, copper and cadmium) was recorded from the processing of 181,395 tonnes.

Ximen’s CEO, Chris Anderson, stated in today’s news-release that, “The Kenville Gold Mine has played a major role in the rich history of BC Gold mining. It was the first underground lode gold mines in British Columbia and was once the largest producer in the Nelson Mining Camp. There have been multiple new targets and veins discovered in the last several years and Ximen is looking forward to the potential opportunity that exists ahead.”