Jaxon Mining Inc.

Jaxon Mining Inc. or is pleased to provide an update on the Netalzul Mt project near Hazelton, BC. The Company is pleased to announce the completion of a DC resistivity/induced polarization survey and a short interval magnetotelluric survey utilizing the Volterra Acquisition System, conducted by SJ Geophysics Ltd. . The Company has also completed LiDAR data acquisition, conducted by Eagle Mapping Ltd of Port Coquitlam, BC [...]

Jaxon Mining Inc. is pleased to announce it has commenced an induced polarization surveying program, started on August 28, 2021, at the Netalzul Mt project on the Hazelton property, near Smithers, BC. SJ Geophysics Ltd. of Delta, BC is conducting the work. The program includes the acquisition of a DC resistivity/induced polarization data and short interval magnetotelluric data utilizing the Volterra Acquisition System [...]

Jaxon Mining Inc. is pleased to announce it has completed the fourth and fifth holes at Daisy North Contact Zone at the Netalzul Mt project on the Hazelton Property near Smithers. Both NET21-04 and NET21-05 intersected sulfide quartz veining mineralization and disseminated sulfide monzonite porphyry dykes associated with mineralization at Daisy North Contact Zone. Daisy North Contact Zone extends more than 1,200 m along [...]

Jaxon Mining Inc. is pleased to announce it has completed three drill holes, NET21-01, NET21-02 and NET21-03 at the Netalzul Mt project on the Hazelton Property near Smithers, B.C. The three holes tested the high-grade silver polymetallic sulfide-quartz veining zones at Daisy South Adit Zone that extend more than 1,600 m along strike as indicated on surface by outcrops and four artisanal adits. Patterns of alteration in [...]

Jaxon Mining Inc. is pleased to announce it has closed its non-brokered private placement offering of unsecured convertible debentures , announced July 28, 2021, to raise aggregate gross proceeds of $1,350,000.00 . The Debentures will have a maturity date of ninety days from the date of issuance and shall bear interest at a rate of 10% per annum. The principal sum of the Debentures, or any portion thereof, may be [...]

Jaxon Mining Inc. is pleased to announce it has completed its inaugural drill hole, NET21-01, at the Netalzul Mountain project on the Hazelton Property near Smithers. As designed, three holes will test for high-grade silver polymetallic sulfide-quartz veining zones at Daisy South Adit Zone, extending more than 1,600 metres along the strike, and for patterns of alteration that indicate the presence of the deeper porphyry [...]

Jaxon Mining Inc. is pleased to announce it has commenced drilling at its 100% owned, never before been drilled, Netalzul Mountain project on July 25, 2021 . The 2021 drilling program is designed to trace three high-grade silver-copper-gold polymetallic zones exposed at surface to a depth of 300 metres : Daisy North Contact Zone, Daisy Central Zone and Daisy South Adit Zone. Daisy South Adit Zone extends 1,600 metres [...]

Jaxon Mining Inc. announces that further to its news releases of April 19 and May 28, 2021, the Company has closed its non-brokered private placement to raise aggregate gross proceeds of $1,282,125.75 through the sale of 14,916,878 non flow-through units priced at $0.075 per NFT Unit for gross proceeds of $1,118,765.85 and 1,485,090 flow-through units priced at $0.11 per FT Unit for gross proceeds of $163,359.90. Each FT [...]

Jaxon Mining Inc. announces that the field team, led by Dr. Tony Guo, has kicked off the 2021 field season and is now preparing for the Phase One drilling program at Netalzul Mt. Field work includes structural mapping, as well as soil and rock sampling and mapping at Netalzul Mt. Drill testing the high-grade silver polymetallic veins and porphyry systems at Netalzul is scheduled to commence early July. Drill testing the [...]

Jaxon Mining Inc. announces that further to its news release dated April 19, 2021, the TSX Venture Exchange has granted an extension for filing final documentation in respect of the previously announced private placement offering of up to 27,500,000 flow-through units at $0.11 per FT Unit for gross proceeds of up to $3,025,000; and up to 13,000,000 in non-flow-through units at $0.075 per NFT Unit for gross proceeds of up [...]