Jaxon Mining is pleased to announce it has arranged a strategic investment from the Zijin Midas Exploration Fund, a subsidiary of Zijin Mining Group of China, and certain other investors, of up to 5,625,000 flow-through shares at a price of $0.32 per share for gross proceeds of $1.8 million. Proceeds will contribute to funding Jaxon's Fall/Winter 2017 drill program at its Hazelton silver-zinc VMS target in BC's prolific [...]
Jaxon Mining is pleased to announce that it is in the final stages of generating a series of drill targets for its early winter 2017 drilling campaign at the Hazelton Project. The Hazelton Project covers more than 44,000 hectares, located in the Skeena Arch of northwestern British Columbia, 50 kilometres north by highway from the town of Smithers. Extensive review of the preliminary 3D-IP (3-dimensional induced [...]
Jaxon Mining is pleased to announce that preliminary ground Induced Polarization (IP) results indicate several shallow chargeability anomalies underlying the Max target at the Hazelton property. Some of these anomalies coincide with high grades of silver, zinc and lead from surface outcrops and represents priority drill targets for Jaxon's Phase 1 drilling program. The current interpretation of modelled chargeability-high [...]
Jaxon Mining is pleased to announce the acquisition of 3 mineral claims totaling 129.1 ha, known as the Skilokis Property, located about 6 kilometres to the west of the high-grade silver-zinc-gold Max target and fully enclosed within Jaxon's 44,482 ha Hazelton Project, located in northwestern British Columbia. Jaxon conducted due diligence sampling on the new claims along the 3.6-kilometre length of a northeast-trending [...]
Jaxon Mining is pleased to announce that it continues to identify high-grade samples and significant extensions to the known mineralization at the Max Target on Jaxon's Hazelton Project in central British Columbia, including the highest silver assay value ever encountered in this year's program. Float sample grading 8,952 g/t silver (highest value this season), along with 2.64 g/t gold, 3.57% zinc, 7.89% lead and greater [...]
Jaxon Mining is pleased to announce that Carl Swensson has been appointed VP Exploration. Carl has been a member of Jaxon's technical advisory board since June 2017 and has extensive experience in mineral exploration and resource assessment with more than 20 years in a leadership capacity. He has managed numerous exploration projects over five continents in most commodities and deposit styles for gold, base metals [...]
Jaxon Mining is pleased to announce two new high-grade gold and silver discoveries 17 km from the Max target at its Hazelton Project in central British Columbia. These two areas are believed to be structurally associated and occur over a distance of 2 kilometres. This greatly expands the areas of known mineralisation at the Hazelton Project, which now covers more than 39,000 ha. Highlights include 6 gold samples from [...]
Jaxon Minerals is pleased to announce that it has entered into a binding LOI to acquire the historic Cronin silver-zinc-lead-gold Mine, located 27 kilometres north of Smithers, in BC's Skeena Arch. Jason Cubitt, Jaxon's President and CEO comments, "The Cronin occurrence represents what we suspect to be the southern extent of our targeted mineralized trend. The type of mineralization and grade we see here is similar to our [...]
Jaxon Minerals is pleased to announce the addition of Neil Moloney and Wenhong (Wilson) Jin to its technical advisory board. Jason Cubitt, Jaxon's president and CEO, comments, "We're seeing a new wave of technical innovation in the extractive industries. Leaders will have a unique competitive advantage over the field, and the addition of Neil and Wilson adds a world-leading technical focus to our already talented team [...]
Jaxon Minerals announces it has entered into a binding Letter-of-Intent (LOI) to acquire a 75% interest in the Stock properties, owned by Rotation Minerals. The 4,127-hectare property is located just west of Ascot Gold's Dilworth Property, and south of Rotation's Scottie Gold Mine in the heart of British Columbia's famed Golden Triangle. The properties have been explored intermittently since 1921, with numerous tunnels [...]
Jaxon Minerals is pleased to be moving ahead with its name change to "Jaxon Mining Inc." and share split on the basis of 1.25 new common shares for every existing common share. The effective date of the name change and split will be August 30, 2017. Shareholders of record will receive a letter from Computershare, the Company's transfer agent with instructions for obtaining share certificates representing the new name [...]
Jaxon Minerals is pleased to be moving ahead with its name change to "Jaxon Mining Inc." and share split on the basis of 1.25 new common shares for every existing common share, as announced on August 10, 2017. Outstanding stock options and warrants will be adjusted on the basis of the same ratio. The Company has filed documentation with the TSX Venture Exchange and expects to make the name change and share split effective [...]
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