Ximen Begins Diamond Drill Program

Vancouver, British Columbia (FSCwire) - (TSX-V: XIM) Ximen Mining Corp. (the "Company" or “Ximen”) is pleased to announce that it plans to commence diamond drilling on the Brett epithermal Gold Project near Vernon. Up to 3000 m of systematic drilling is planned in 22 HQ holes.  The drill holes will be aimed to delineate high grade bonanza shoots within the Main Zone mineralized structure as well as target sub-parallel mineralized structures.

Gold Silver mineralization consists of native gold, electrum and argentite and is associated with multiphase silicification, chalcedony breccias, veins, stockwork veinlets as well as late-state calcite fillings within the silicified zones and veinlets.  The structural orientations and interpretation of the breccia zones, veins and veinlets will assist in predicting high-grade bonanza shoots.

Plans are now underway to commence moving drill and support equipment to the site in early July.  This year’s program is designed to define and confirm the high-grade zones that have been identified in the previous 2014, 2004 and 1980’s drill programs. Mr. Mohan R. Vulimiri, M.Sc., P.Geo. interpreted the geological and technical data from the previous drill holes manually.  The interpretation consists of a 3D concept of how the zones are trending with the emphasis on the structural controls and modes of occurrence of higher grade mineralized shoots as well as defining the sub-parallel and hidden intersections from the historical and previous drilling. The purpose of identifying and confirming these bonanza shoots especially on the main zone structure is to assist Ximen in designing an underground work plan to advance a bulk sampling program.

The program will also assist the Company in estimating the resources of measured and indicated category, and grade, as well as determining the potential for the occurrence of other bonanza shoots. Ximen will initiate an independent updated 43-101 technical report upon completion of this phase of the work program.

Over seeing this year’s field program will be Mr. Peyman Sayyah M.Sc., Geo who has spent many years working as an exploration geologist for Rio Tinto, as well as Iranian mining companies where he participated in mineral exploration projects, such as  porphyry copper and associated epithermal deposits, in the southeast, central, and east regions of Iran.

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Mohan Vulimiri M.Sc, P.Geo and Peyman Sayyah, M.Sc., P.Geo Brett Site Visit 2016

“It has been a very long road to get back to work on the Brett property and we are very encouraged about the direction we are taking, particularly on the approach to the drilling we are about to commence. The market is looking favorably to Junior Gold Explorers and since Ximen now owns 100% of all of its assets and is free and clear of all property payments and work commitments. We are very much looking forward to the road ahead.

                                                                                                    Christopher Anderson – President & CEO

The work completed in 2014 has resulted in a new and exciting geological model for the Brett epithermal Gold  property. The company's results indicate district-scale potential, similar to the Republic Gold District in Washington. There is a plethora of targets for gold mineralization in the area and suggest potential for both high-grade veins and for larger, lower-grade bulk tonnage mineralization. The company expanded its land position by staking and acquisition, from the original 2,250-hectare package held at the beginning of 2014, to in excess of 20,000 hectares as of today. Strongly altered Eocene volcanics and intrusives have been identified in several areas within the expanded land package. The 2016 drill program is only targeting the high grade mineralized zones of 5gm/t Au +  on one structure known as the main zone. There is expected to be several of these structures with in Ximen’s comprehensive land package.

Brett Geological Map

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Peyman Sayyah, M.Sc., P. Geo., a Qualified Person as defined by NI 43-101 is responsible for the technical information contained in this release.

 About Ximen Mining Corp.

Ximen Mining Corp. owns 100 percent interest in three precious metal projects, The Gold Drop Project,  Brett epithermal Gold Project and the Treasure Mountain Silver Project all located in southern British Columbia. Ximen is a publicly listed company trading on the TSX Venture Exchange under the symbol XIM, and is listed on the Frankfurt, Munich, and Berlin Stock Exchanges in Germany under the symbol 1XM and WKN number is A1W2EG as well in the USA on the OTCQX under the symbol XXMMF.

On behalf of the Board of Directors,

“Christopher R. Anderson.”

Christopher R. Anderson, President, CEO and Director, Ximen Mining Corp.

Ximen Mining Corp.

604 488-3900

For further information please visit our website www.ximenminingcorp.com.

This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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