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(Kitco News) - Ximen Mining (TSX-V: XIM) announced today that it has received the Final Mines Act Permit for its Kenville gold mine project in southeastern BC.
In a press release, the company said it is "very happy" to have this permit in hand and can finally focus on developing the Kenville gold mine project, adding that the design work for water management infrastructure is underway and the company is looking forward to starting the mine development and finally getting the project underway.
"The Kenville gold mine, which began operations in 1888, was one of the first underground gold mines in British Columbia. After years of working on this particular permit, the Kenville gold mine is now on track to becoming one of the greenest and environmentally-friendly gold mines in Southern BC. While there is still very much to do, our team's tenacity has brought us this far, and we are ready for the next phase of milestones that will finally bring this gold mine to fruition," stated President and CEO Christopher R. Anderson.
Ximen's flagship property is the Kenville gold mine project, located near Nelson, BC. The company owns the surface, and underground rights, buildings and equipment and is developing the project into a small underground mine.
| Altius expects to report Q1 2023 attributable royalty revenue of C$21.4 million |
