Jaxon Mining Inc. is pleased to announce the discovery of a large scale copper porphyry system with indications of high grade gold-bearing tourmaline breccia and other sulfide vein mineralization at its 42,244 ha Red Springs project in NW British Columbia. The Red Springs porphyry system is geologically analogous to the Los Bronces - Rio Blanco [...]
Jaxon Mining Inc. is pleased to announce the results from its 2019 Annual General Meeting held on Friday, March 8, 2019. A total of 11,280,662 common shares, representing 12.25% 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 [...]
Jaxon Mining Inc. is pleased to announce a high-grade antimony-silver mineralization discovery at its flagship project Red Springs. Assays from the 2018 surface sampling and geological mapping program contained up to 5% antimony, 302 g/t silver, 2.94% zinc and 1.70% lead. These high-grade antimony-silver samples cover an area of more than 500 m in [...]
Jaxon Mining Inc. is pleased to announce the closing of its non-brokered private placement announced in its news releases dated February 1, February 13 and February 26, 2019, to raise gross proceeds of $420,300 through the issuance of 8,406,000 units priced at $0.05 per Unit. Each Unit is comprised of one common share and one-half common share [...]
Jaxon Mining Inc. announces that further to its news releases of February 1, 2019 and February 13, 2019, due to investor interest, it has increased the size of its non-brokered private placement to up to 8,406,000 units offered at a price of $0.05 per Unit to raise gross proceeds of up to $420,300 . Each unit will comprise of one common share and [...]
Jaxon Mining Inc. announces that further to its news release of February 1,2019, it has increased the size of its non-brokered private placement to up to 6,706,000 units offered at a price of Cdn$0.05 per Unit to raise gross proceeds of up to Cdn$335,300 . Each unit will comprise of one common share and one-half common share purchase warrant. Each [...]
Jaxon Mining Inc. is pleased to announce additional high grade gold mineralization discoveries of up to 55.26 g/t gold equivalent which includes 40.41 g/t gold, 6.77% copper, 110 g/t silver, 1.29% bismuth and 0.02% cobalt from its 2018 surface sampling and geological mapping program at the Red Springs Project and determines the low angle thrust [...]
Jaxon Mining Inc. announces that it has arranged a non-brokered private placement of 5,500,000 units at $0.05 per unit for gross proceeds of $275,000 or more, depending on investor interest. Each unit will comprise of one common share and one-half common share purchase warrant. Each whole purchase warrant will entitle the holder to purchase one [...]
Jaxon Mining Inc. announces the approval and adoption by its Board of Directors of an advance notice policy . The purpose of the Policy is to provide shareholders, directors and management of the Company with a clear framework for nominating directors. The Company is committed to: facilitating an orderly and efficient process for the election of [...]
Jaxon Mining Inc. is pleased to announce it has received the assay results from diamond drill holes BB18-04 and BB18-05, drilled from the same platform as BB18-03 but at different angles, azimuths and depths. Five of ten planned drill holes were completed before weather conditions halted the program. All holes targeted the Backbone gold-cobalt [...]
Jaxon Mining Inc. is pleased to announce that on November 30, 2018 it completed 23 line km 2D Induced Polarization and ground magnetic surveys at its Red Springs project, near Smithers, B.C. The Company has received the interpretation of the survey data from Simcoe Geoscience Ltd. of Toronto, Ontario. The survey identified multiple high priority [...]
Jaxon Mining Inc. is pleased to announce it has received the assay results from diamond drill holes BB18-01 to BB18-03. The Company is still awaiting the assays results from holes BB18-04 and BB18-05 which were drilled at different angles, azimuths and depths from the same platform used by BB18-03. All 5 holes targeted the Backbone gold-cobalt [...]