XnE, Inc. Presents Historical Overview of Silvery Slocan Mining District

WOODLAND HILLS, Calif., March 12, 2012 /PRNewswire/ -- XnE, Inc. (Pink Sheets: XNEZ.pk) presents historical overview of past producers in the Slocan Mining District of British Columbia, Canada.

The Slocan Mining District has produced more than 24 million ounces of silver since the first discoveries in the late 1820s when the area transformed into the major silver-mining center of Western Canada. Some of the major silver producers in the past have been Silvana, Standard, Mammoth and Ruth-Hope as illustrated in the table below:

Source: www.empr.gov.bc.ca, * Company's estimate based on Ag Price of $34.00 per oz*

The Silvana mine is one of the more recent producers of the area. Total reserves at the Silvana and Hinckley were calculated at 54,400 tons grading 290 grams per ton silver, 3.4% lead and 4.7% zinc.

The Standard mine was one of the most prolific producers of the Slocan camp and it was on the same vein system as the Mammoth mine. The Ruth-Hope deposit was one of the earliest producers in the camp. The Ruth-Hope deposit is part of a continuous vein system that has been mined for about a 1.5-kilometre strike length and includes the Silversmith, Slocan King and Richmond-Eureka deposits.

The Slocan camp area has excellent potential of hosting new polymetallic silver-lead-zinc deposits, but these will likely be of similar size to the past producing mines. The potential of locating tin-tungsten skarn deposits associated with the contact aureole of the Nelson intrusions does not appear to have been explored in detail. Cassiterite has been identified at the Bosun and scheelite has been identified at the Flint deposit.

"The Company believes that this is an extraordinary opportunity due to the value of recoverable commodities and makes revitalizing this prospect a great first step for the Company. Our goal is to become a solid junior exploration and acquisition participant in this historically prolific region," said Ivan-Noe Gourkow, President of XnE, Inc.

About the Company
XnE, Inc. is engaged in the acquisition, exploration, and development of precious and semi-precious mineral properties. The Company intends to have an emerging presence in Canada and is currently focused in acquiring and developing properties in the Slocan Mining District area in British Columbia, Canada.

Forward-Looking Statement
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

Contact:
Ivan-Noe Gourkow, President
XnE, Inc.
6303 Owensmouth Avenue | 10th Floor
Woodland Hills | CA 91367-2263
T: +1 818 936.3283 | E: [email protected]

SOURCE XnE, Inc.