Jaxon Mining is pleased to announce the results from its 2023 Annual General and Special Meeting held on Friday, February 24, 2023. A total of 60,299,439 common shares, representing 35.89% of the issued and outstanding common shares of the Company, were represented at the Meeting. The following resolutions were approved: The number of directors of the Company was set at five. John King Burns, Yingting Guo, James Lavigne [...]
Jaxon Mining is pleased to announce it has granted Dr. Corby G. Anderson the first option to enter into an advisory, research, development, offtake, processing and marketing agreement with Jaxon. Under the Agreement, Jaxon and Dr. Anderson will negotiate with the marketplace for optimal pricing and better commercial terms for any antimony produced from Jaxon's Hazelton property. Jaxon and Dr. Anderson may also agree to [...]
Jaxon Mining announces that further to its news release dated September 9, 2022, the Company has closed its non-brokered private placement to raise aggregate gross proceeds of $172,500.00 through the sale of 6,900,000 units priced at $0.025 per Unit. Each Unit consists of one common share and one non-transferable share purchase warrant. Each Warrant will entitle the holder to purchase one common share in the Company at [...]
Jaxon Mining Inc. is pleased to announce the appointment of Mr. Karim Rayani as a Strategic Advisor and Arranger to the Company. For the past 18 years, Mr. Rayani has been focused on financing both international and domestic mineral exploration and development. Currently, Mr. Rayani is a principal of R7 Capital Ventures Ltd., an investment family office firm with a diverse portfolio covering Natural Resources, Energy [...]
Jaxon Mining Inc. announces a non-brokered private placement offering of up to 20,000,000 units priced at $0.025 per Unit for gross proceeds of up to $500,000. Each Unit will consist of one common share and one non-transferable share purchase warrant . Each Warrant will entitle the holder to purchase one common share in the Company at $0.05 per share. The Warrants will have an expiry date of two years from the date of [...]
Jaxon Mining Inc. is pleased to announce the results from the porphyry monzonite dating and zircon analysis studies from the Netalzul Mountain project. The geochronology study reveals the high-grade porphyry monzonite Cu mineralization formed approximately 64.41 MA to 61.60 in the Early Tertiary period within two different phases, placing it within the youngest of two main episodes of porphyry formation in the Stikine [...]
Jaxon Mining Inc. is pleased to announce the results from the 2021 soil and rock sampling program at the Kispiox Mountain project on the Hazelton Property. 54 rock samples and 11 soil samples were collected during the 2021 field season . A high-grade sample with up to 29.69% antimony was collected from within an 8-10 metre wide sulfide quartz veined mineralized zone. Three sulfide quartz mineralized zones with antimony [...]
Jaxon Mining Inc. is pleased to announce it has received the "Updated 3D porphyry footprint modeling incorporating new rock samples, Netalzul, British Columbia" report from Fathom Geophysics , which was commissioned as part of Jaxon's ongoing conceptual geological modeling and porphyry target visualization and vectoring programs. Fathom Geophysics completed the first 3D porphyry footprint modeling exercise over the [...]
Jaxon Mining Inc. is pleased to release the results of the 2021 soil and rock sampling program conducted at the Blunt Mountain project, one of seven porphyry-epithermal system targets Jaxon is advancing on its 100% controlled Hazelton Property 50 km north of Smithers, BC. A total of 14 rock samples and 99 soil samples were collected from the 2 km-long shear/contact zone in the northeast area of Blunt Mt . Seven of the [...]
Jaxon Mining Inc. is pleased to announce it has extended the soil and rock sampling program at the Netalzul Mt project where 120 rock and 409 soil samples were collected from the new areas in the 2021 field season. The samples report up to 3052 g/t silver equivalent including 2915 g/t Ag, 0.39 g/t Au, 0.35% Cu, 2.06% Pb and 0.43% Sb. Based on MDRU's Toodoggone report, the samples identify a high MPIx centre area [...]
Jaxon Mining Inc. is pleased to announce the preliminary summary report on results of the DC resistivity/3D induced polarization and a short interval magnetotelluric geophysical survey over the Netalzul Mt porphyry target area, conducted by SJ Geophysics of Delta, B.C. The IP survey results define a large annular IP chargeability anomaly interpreted as propylitic alteration. The MT survey results show a deep central [...]
Jaxon Mining Inc. is pleased to announce it has received assay results from the Netalzul Mt project on its 100% owned Hazelton property near Smithers, BC. A total of 2,483 metres of diamond drilling over nine holes in the epithermal cap above the deep porphyry at Netalzul Mt are highlighted by 14.2 m of 0.77% copper equivalent in sulfide quartz breccia zone and 7.4 m of 0.71% CuEq in disseminated sulfide monzonite [...]