Jaxon Mining Inc. has confirmed a discovery of a structurally controlled body of tourmaline breccias which have been traced over 500 metres in strike length with a variable width up to 15 metres, now called the Backbone Prospect. The Company is prioritizing a drill program to test the extent of the mineralization at Backbone in October 2018. The [...]
The first phase of exploration at Jaxon's Red Spring discovery, 40km north of Smithers, commenced on June 1, 2018. The Red Spring target resulted from the significant discovery made last summer of high-grade gold and tellurium-bearing hydrothermal tourmaline breccias detailed in Jaxon's press releases of September 14, 2017 and February 20 and May [...]
Jaxon Mining is pleased to announce that it has closed the final tranche of its non-brokered private placement announced June 5, 2018. The Company closed on 2,000,000 units at a price of $0.12 for additional gross proceeds of $240,000. This over-subscribed the initial filing of $390,000 by $205,140, bringing the total for both closings to $595,140 [...]
Jaxon Mining is pleased to announce that it has closed the first tranche of its non-brokered private placement announced June 5, 2018. The Company closed on 2,959,000 units at a price of $0.12 for gross proceeds of $355,080. Each unit will comprise one common share and one-half common share purchase warrant. Each whole share purchase warrant will [...]
Jaxon Mining is pleased to announce that it has arranged a non-brokered private placement of up to 3.25 million units at $0.12 per unit for gross proceeds of up to $390,000. Each unit will comprise one common share and one-half common share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one common share at [...]
Jaxon Mining Inc. is pleased to announce that its first phase exploration program of the 2018 field season will commence in the beginning of June. While detailed re-interpretation and analysis of geophysics data from last year's Fall program continues at the Max project, Jaxon will initially focus on the newly discovered Red Springs target within [...]
Jaxon Mining is pleased to announce that it has acquired additional claims contiguous to its Hazelton Project, located 50 kilometres north of Smithers BC. The claims cover numerous showings and historical grab samples include: 3.4 g/t gold and 1924 g/t silver 3.15 g/t gold and 2614.7 g/t silver Over 1% copper, over 1% lead, over 100 g/t silver, and [...]
Jaxon Mining is pleased to announce that it has received initial results from its first data compilation efforts on the More Creek Project in the Golden Triangle, BC. This compilation has identified a priority target at More Creek, which covers gold-silver and VMS mineralization. Jaxon has submitted a Notice of Work, including drilling, to maximize [...]
Jaxon Mining is pleased to announce the following letter to its shareholders: Dear Shareholders, Before Jaxon's 2018 field season begins next month, I wanted to take a moment to review with you the past 12-months and set the stage for things to come. We remain confident that our focus on high grade, district scale projects within established mining [...]
Jaxon Mining is pleased to announce that it has finalized its proposed exploration budgets for its two district-sized projects in British Columbia — the Hazelton Project in the Skeena Arch, and the More Creek Project in the Golden Triangle. Jaxon has approximately $1 million flow-through funds remaining to begin the 2018 season, including follow-up [...]
Jaxon Mining is pleased to announce high grade gold and tellurium assays from a second phase of expanded sampling at its Cirque-Ridge-Tarn target within its extensive Hazelton Project in Central British Columbia. The CRT target is located approximately 17km SW from Jaxon's MAX silver-zinc target. Highlights include: Highly gold-enriched breccia [...]
Jaxon Mining is pleased to announce assay results from 2,281 metres of diamond drilling in 12 exploratory drill holes completed in December 2017 on the Max silver-zinc target at the Hazelton Project, located 50 kilometres north of Smithers, B.C. All drill holes intercepted sulphide mineralization indicating widespread distribution of mineralization [...]
