Ximen Mining Receives Water License for Its Kenville Gold Project in BC, Canada
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Ximen Mining said it has received the water licenses for its Kenville Gold Mine project near Nelson in southeastern BC.
The company said it has received two water licenses under the Water Sustainability Act that authorize use of groundwater from a bedrock aquifer. One covers the Venango property, where the new underground portal and decline will be constructed. The other license is for the adjoining Election property.
“Receiving these water licenses is a significant step forward for our team and marks the final stretch before we break ground at Kenville. We are energized by the progress being made and look forward to commencing construction of the new underground decline, which will be a transformative milestone for Ximen and for the Kenville Gold Mine project,” said Christopher Anderson, president, CEO, and director.
A water license was required to be in place before construction of the new portal and decline could start. Other works required to be completed before construction can start are an engineered design for a water retention tank system to protect the drainage channel in case of a flood event, and an engineering report on mine site building foundations and road stability. The company is aiming to break ground for the new underground decline when these last pre-construction requirements are completed.
Ximen Mining owns 100 percent interest in three of its precious metal projects located in southern BC. Ximen’s two gold projects are the Amelia Gold Mine and the Brett Epithermal Gold Project. Ximen also owns the Treasure Mountain Silver Project adjacent to the past producing Huldra Silver Mine. Currently, the Treasure Mountain Silver Project is under an option agreement. The option partner is making annual staged cash and stocks payments as well as funding the development of the project. The company has recently acquired control of the Kenville Gold mine near Nelson British Columbia which comes with surface and underground rights, buildings and equipment.
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