Strong drill results and appreciating precious metals prices may herald golden times for Ximen Mining
While the gold price has increased by around $100 USD over the last 2 months and a strong year for precious metals might be on the horizon, there are more good news for Ximen Mining Corp. Its option partner GGX Gold Corp. today released the first round of lab results from the 2018 Fall drilling program at the Gold Drop Project near the historic mining town of Greenwood in British Columbia, Canada.
According to the news, hole COD18-63 intersected high-grade mineralization near surface: “28.0 g/t gold and 424 g/t silver over 1.17 meter core length... incl. 49.7 g/t gold and 787 g/t silver from 26.72 m to 27.31 m.” Visible gold and tellurides are observed locally. A high-grade southern extension of the COD Vein has now been confirmed successfully. More drill results from the 2018 Fall drill program (total of 11 holes completed) are expected to be released shortly.
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).
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.