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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Jaxon Mining Inc. is pleased to announce it has received its drilling permit for the Netalzul Mountain project. The approved Notice of Work allows for 50 helipads and 40 drill sites and is valid to March 31, 2026. Phase One of the 2021 drilling program will be conducted in July and August. The Phase One drill hole designs have been completed and [...]
Jaxon Mining Inc. is pleased to announce it has expanded its 100% controlled Hazelton property by staking and acquiring 14 additional mineral tenures, increasing the total Hazelton property area to 70,182.42 hectares at NTS 93M centered at -127° 10' 46" Longitude, 55° 11' 5" Latitude. Jaxon now has seven projects on its Hazelton Property: Netalzul [...]
Jaxon Mining Inc. is pleased to announce a discovery of additional strong copper and moly in soil anomalies at the Razorback target area at Red Springs based on soil geochemistry and rock sampling completed in the 2020 field season by HEG & Associates . The discovery extends the results of the 2019 soil geochemistry study at Primary Ridge also [...]
