Ximen Mining Corp.
Ximen Mining Corp. (TSXV: XIM; OTCQB: XXMMF; also listed in Frankfurt, Munich and Berlin as 1XMA) is focused on the historic Kenville Gold Mine near Nelson, British Columbia -- the first underground gold mine in the Nelson camp, intermittently mined from 1889 to 1944. Ximen acquired 100% of the Kenville claims, surface rights, existing permits, infrastructure and equipment in 2019 and received the Final Mines Act Permit for the project in April 2023. As of May 2026 the company was completing engineered mine design and remaining pre-construction requirements -- including a BC Ministry of Transportation permit for a road culvert crossing and a completed archaeological impact assessment with no significant findings -- before underground development can begin. As of Sept 2026 the Company has begun real, physical pre-construction site work -- flood-retention-pond liner installation (targeted complete end of Sept 2026), completed building-foundation and mine-road-stability inspections, and a completed electrical power connection -- and is targeting commencement of portal/decline construction itself by end of Oct 2026; the Company's own release states it "continues to evaluate funding options to support site construction," i.e. no confirmed construction financing or formal construction decision exists yet. Ximen also holds the past-producing Amelia gold-silver mine and the Brett gold-silver-molybdenum project, both in southern BC.
Notable vs. Peers
- Financials score of 0/10 is weaker than the peer average of 5.4/10.
- Trading within 1% of its 52-week low — weak recent price momentum.
Lifecycle Milestones
Construction Milestones
0 of 5 reached- Not yet reached
- Not yet reached
- Not yet reached
- Not yet reached
- Not yet reached
Milestones are recorded only from a company's own dated disclosure. A milestone with no date shown is one we can confirm was reached but for which no date was disclosed — we don't estimate one. "Not yet reached" means exactly that, not that a date is missing. An "Expected" line likewise only ever reflects the company's own guidance (e.g. a study or permit decision targeted for a stated quarter) — most not-yet-reached milestones have none, and that absence means no such guidance has been disclosed, not that one is overdue.
Not yet determined: mill, tailings facility.
Jurisdiction (40%)9/10
British Columbia: Fraser PPI 2025 is 74.28 of 100 (rank 31 of 68), which maps to 9 on this site's scale. British Columbia, Canada -- Tier-1 mining jurisdiction.
Infrastructure (40%)7.9/10
Confirmed road access and confirmed grid power at Kenville Gold Mine, near Nelson, British Columbia, Canada; existing mill and tailings facility not yet researched, counted at a neutral 5/10 until established.
Nearby producing mine (20%)Not yet researched
No producing mine within 50 km in our reference list (nearest listed: Copper Mountain (Hudbay Minerals Inc.), 228 km). That list doesn't cover every mining district yet, so a longer distance isn't scored as remote.
Acquisition Susceptibility
A relative ranking of how closely this company matches the profile of juniors that have actually been acquired — not a probability, and not a reason to buy. Acquisitions are rare: only a few dozen significant deals happen a year across a universe of thousands of juniors, so even a high score here describes a long shot. The strongest signal in the research, a producer that already owns part of the company, is scored from its disclosed strategic shareholders. A producer that is a joint-venture or earn-in partner on the project, rather than a shareholder, isn't captured yet.
How this score is built
- Disclosed pending dealSub-score: Not scored
No pending acquisition or merger disclosed (checked)
Not scored: having no deal in flight isn't held against a company.
Weight 26.25% - Producer's strategic stakeSub-score: Not scored
No producer holds a disclosed stake on file (holder register researched) See holders
Not scored: most juniors that do get bought had no prior toehold, so a missing stake says little either way.
Weight 25% - Distance to a producing mineSub-score:0/10
Nearest producing mine: Copper Mountain (Hudbay Minerals Inc.), 228 km
10 next to a producing mine, 8 at 20 km, 5 at 50 km, 0 beyond 200 km.
Weight 22.5% · 46% here - Lifecycle stageSub-score:10/10
Stage: Permitting
Feasibility and permitting score 10, where deals cluster, and production 5.5; earlier stages score less, down to 1 at grassroots.
Weight 15% · 31% here - JurisdictionSub-score:9/10
Canada: jurisdiction score 9/10
Our jurisdiction score, used as is: higher means lower political and permitting risk.
Weight 6.75% · 14% here - CommoditySub-score:10/10
Primary commodity: Gold
Gold 10, copper 8, silver 5, nickel and uranium 4, others 2: most majors' deals are for gold.
Weight 4.5% · 9% here
Weight is each input's share of the full score. “Here” is its share of this company's score: inputs that aren't scored are left out and the rest re-weighted, never counted as zero.
Your Rankings
Management Team
President, Chief Executive Officer and Director of Ximen Mining Corp., a British Columbia-focused precious-metal explorer; also Chief Executive Officer & Director of Alliance Mining Corp.
Vice President of Exploration of Ximen Mining Corp., PhD, P.Geo.
Director of Ximen Mining Corp., BSc ARSM Metalliferous Mining.
Director of Ximen Mining Corp., BA.
Insiders, Investors & Smart Money
Notable shareholders and insiders whose involvement is worth knowing about, plus what we're seeing from institutional/large-investor activity.
Checked directly against the company's own site, which is live and current -- engineering and stabilization work is underway at the Kenville Mine near Nelson, BC. No producer, specialist fund or named institution holds a disclosed position, and there are no insider trading records in our data.
No notable insiders tracked for this miner yet.
Reports, Presentations & Documents
Ximen Mining is focused on the historic Kenville gold mine near Nelson, British Columbia, the first underground gold mine in the Nelson camp, worked intermittently from 1889 to 1944. Ximen acquired 100% of the Kenville claims, surface rights, permits, infrastructure and equipment in 2019 and received the final Mines Act permit in April 2023, covering a new Venango portal, about 1,200m of underground decline and 20,250m of underground drilling. Through 2026 it has worked on engineered mine design, water-retention works, LiDAR surveys of the historic tunnels and other pre-construction requirements, began physical site work in September 2026 and is targeting the start of portal and decline construction by the end of October 2026, while still evaluating funding options for site construction. A 2009 estimate for Kenville is historical and the company does not treat it as a current resource, and no economic study has been published. Ximen also holds the past-producing Amelia gold-silver mine and the Brett gold-silver-molybdenum project in southern British Columbia.