Jaxon Mining is pleased to announce high grade gold and tellurium assays from a second phase of expanded sampling at its Cirque-Ridge-Tarn target within its extensive Hazelton Project in Central British Columbia. The CRT target is located approximately 17km SW from Jaxon's MAX silver-zinc target. Highlights include: Highly gold-enriched breccia complexes returned assay values up to 33 g/t Au. Single breccia outcrops occur [...]
Jaxon Mining is pleased to announce assay results from 2,281 metres of diamond drilling in 12 exploratory drill holes completed in December 2017 on the Max silver-zinc target at the Hazelton Project, located 50 kilometres north of Smithers, B.C. All drill holes intercepted sulphide mineralization indicating widespread distribution of mineralization describing a robust system. Highlights: 11 discrete intervals of [...]
Jaxon Mining is pleased to announce it held its Annual General Meeting yesterday, December 14, 2017. Shareholders of Jaxon re-appointed all of the directors, and set the number of directors at 5. Shareholders also re-appointed Dale Matheson Carr-Hilton LeBonte Ltd as auditors and approved the annual stock option plan. The board of directors consists of: John King Burns, Chairman & Lead Director Jason Cubitt, CEO and [...]
Jaxon Mining Inc. is pleased to announce the completion of the Fall/Winter 2017 drilling program at its Hazelton silver-zinc project, located 50 kilometres north of Smithers, British Columbia in the prolific Skeena Arch. Jaxon drilled a total of 2,281 metres in 12 diamond drill holes. Core logging is almost complete, and core splitting is on-going. As of today, 1019 samples have been selected to be sent to MS Analytical [...]
Jaxon Mining is pleased to announce it has closed a subsequent tranche of the flow-through financing first announced October 26, 2017. The Company raised a total of $776,347.52 by issuing 2,426,086 flow-through shares at the issue price of $0.32 per share. Total proceeds raised in the flow-through financing to-date, including the first close announced on November 13, 2017, are $1,472,000. The Zijin Midas Exploration Fund [...]
Jaxon Mining is pleased to provide an update from the Fall/Winter 2017 drilling program at its Hazelton silver-zinc project, located 50 kilometres north of Smithers, in the Skeena Arch of British Columbia. Jaxon has successfully drilled 10 of 13 drill holes totalling 1,956 metres out of a planned 2,000 metres, and the eleventh hole is under way. As previously reported, all core samples are being transported to MS [...]
Jaxon Mining is pleased to provide an update from the Fall/Winter 2017 drilling program at its 44,000-hectare Hazelton silver-zinc project, located 50 kilometres north of Smithers, in the Skeena Arch of British Columbia. Eight out of fourteen drill holes are completed, totaling 1,344 metres out of a planned 2,000 metres, and the ninth hole is underway. Four pallets of core samples have been shipped to MS Analytical [...]
Jaxon Mining is pleased to announce it has closed the first tranche of a non-brokered private placement announced October 26, 2017. This tranche consisted of gross proceeds of $695,652. The flow-through shares are part of a donation arrangement structured by PearTree Securities Inc. through which the institutional end-buyer is the ultimate holder of the flow-through shares. Jason Cubitt, president of Jaxon Mining [...]
Jaxon Mining is pleased to announce it has closed the first tranche of a non-brokered private placement announced October 26, 2017. This tranche consisted of gross proceeds of $695,652. The company expects to close its final tranche no later than November 17, 2017. PearTree Securities acted as agent for the transaction. Jason Cubitt, president of Jaxon Mining, commented: "We appreciate the ongoing support of our investors [...]
Jaxon Mining is pleased to provide the following update from its Fall/Winter 2017 drill program at the Company's Max silver-zinc target area at the Hazelton Project in the Skeena Arch, British Columbia. Highlights: Two additional holes completed - 270m north of hole 1 Testing high chargeability IP anomaly with modelled 50m thickness and greater-than 200m strike length IP target in close proximity to sulphide outcrop rich [...]
Jaxon Mining Inc. is pleased to announce that drill crews at the Hazelton Project completed vertical drill hole number one to a depth of 170 metres and have re-located 270 metres along trend to the second drill pad for holes two and three. These three holes are testing a large 2D-IP high chargeability anomaly coincident with soil geochemistry anomalies at the southeastern edge of the Max Target. This anomaly, called the [...]
Jaxon Mining is pleased to announce that it will be commencing its Phase 1, 2,000-metre diamond drilling program this week on the Max Target at its 44,000-hectare Hazelton Project in the famed Skeena Arch of northwest British Columbia, Canada. As previously reported, the Max Target is characterised by volcanogenic massive sulphide high-grade silver, zinc and lead mineralisation in sporadic outcrops over a roughly one [...]
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