Jaxon Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 2, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") announces a non-brokered private placement financing of up to 24,000,000 units comprised of 14,000,000 flow through units at a price of $0.07 per unit for gross proceeds of up to $980,000 and 10,000,000 non-flow through units at a price of $0.05 per unit for gross proceeds of up to $500,000. Each unit will consist of one common share...
2019-10-02 7:22 PM EDT
Jaxon Defines Two Strong Copper Anomalies Based on Newly Completed Soil Geochemistry Samples at Red Springs
Vancouver, British Columbia--(Newsfile Corp. - September 10, 2019) - Jaxon Mining Inc. (TSX.V: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") is pleased to announce the Company has discovered two strong copper anomalies based on the newly completed soil geochemistry samples taken at the Primary Ridge area of the Red Springs Project (Figure 1) by HEG & Associates during Phase One field work completed in August of 2019.
2019-09-10 9:00 AM EDT
Phase 2 of 2019 Field Work to Commence at Jaxon Mining's Red Springs Porphyry Project
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF) ("Jaxon" or the "Company") is pleased to announce the Company will commence phase 2 of the 2019 field work program at its Red Springs Copper-Gold Porphyry Project in the first week of September. Under the leadership of Dr. Tony Guo, Jaxon's COO and Chief Geologist, the team will conduct a ground magnetic surveying program targeted mainly on the porphyry system at the...
2019-09-04 9:14 AM EDT
Jaxon Completes Phase One of 2019 Exploration Work, Discovers Porphyry Intrusions with Massive Disseminated Sulfides
Vancouver, British Columbia--(Newsfile Corp. - August 13, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF) ("Jaxon" or the "Company") is pleased to announce the discovery of three large outcrops of disseminated sulfides in porphyritic intrusions, as a result of the first phase of 2019 field work at the Company's Red Springs Copper-Gold Porphyry complex near Smithers, BC. The discovery supports the Company's porphyry system model, further indicating the existence of a major poly...
2019-08-13 9:00 AM EDT
Jaxon to Commence Field Work at Red Springs
Vancouver, British Columbia--(Newsfile Corp. - July 25, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF) ("Jaxon" or the "Company") is pleased to announce that further to the Company's news release dated May 7th, 2019, in preparation for the planned summer field work on the Red Springs project, Jaxon's team, along with HEG Exploration http://tiny.cc/x1869y are mobilizing to Smithers, B.C., scheduled to be on site to commence work on July 27th. This season's field work will focus...
2019-07-25 9:00 AM EDT
Laurentian University Research Program Confirms Tourmaline Breccia Occurrences at Jaxon's Red Springs Project, an Indicator of Porphyry Systems
Vancouver, British Columbia--(Newsfile Corp. - July 9, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF) ("Jaxon" or the "Company") is pleased to announce that it has received a report as part of an ongoing research program titled, "Tourmaline From Mineralized Porphyry Systems - Red Spring", by C.E. Beckett-Brown, a PH.D candidate at Harquail School of Earth Sciences, Laurentian University. The report identifies the quartz tourmaline breccia as being indicative of porphyry...
2019-07-09 9:00 AM EDT
Jaxon Retains HEG Exploration for 2019 Season Field Work at Red Springs
Vancouver, British Columbia--(Newsfile Corp. - May 7, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") is pleased to announce the Company has retained HEG & Associates Exploration Inc. to conduct field work that will start the 2019 exploration season at Red Springs. Under the supervision of Dr. Tony Guo, the Company's COO and Chief Geologist, HEG will conduct a
2019-05-07 9:00 AM EDT
Jaxon Mining Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") announces that further to its news releases dated April 17, 2019 and April 24, 2019, the Company has closed its non-brokered private placement (the "Private Placement") to raise gross proceeds of $350,000 through the issuance of 5,000,000 flow-through units (the "Units") priced at $0.07 per Unit. Each Unit will consist of one common share and...
2019-04-30 5:59 PM EDT
Jaxon Amends Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 24, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") announces that further to its news release dated April 17, 2019, the Company has amended the terms of its non-brokered private placement to 5,000,000 flow through units at a price of $0.07 per unit for gross proceeds of $350,000. Each unit will consist of one flow through common share and one-half share purchase warrant. Each whole purchase warrant...
2019-04-24 3:16 PM EDT
Jaxon Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 17, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") announces a non-brokered private placement financing of up to 5,000,000 units at a price of $0.05 per unit for gross proceeds of $250,000. Each unit will consist of one common share and one-half common share purchase warrant. Each whole purchase warrant will entitle the holder to purchase one common share at $0.075 per share. The warrants will...
2019-04-17 5:59 PM EDT
Update on Jaxon Mining's Red Springs Project: Focus on Further Delineation of Cu, Au, Polymetallic Porphyry System Discovery and Renewal of Hazelton Option
Vancouver, British Columbia--(Newsfile Corp. - April 16, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF) ("Jaxon" or the "Company") 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 porphyry in central...
2019-04-16 12:45 PM EDT
Jaxon Mining Announces AGM Results and Renewal of 2019/2020 Option for the Wishbone Property
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") is pleased to announce the results from its 2019 Annual General Meeting (the "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...
2019-03-19 4:59 PM EDT
Jaxon Discovers High-Grade Antimony-Silver Mineralization at Red Springs, Announces Membership with MDRU and Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") 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 length and 200...
2019-02-28 9:00 AM EST
Jaxon Mining Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") is pleased to announce the closing of its non-brokered private placement (the "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 (the "Units") priced at $0.05 per Unit. Each Unit is comprised of one common share and...
2019-02-27 2:44 PM EST
Jaxon Mining Announces Increase of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") 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 (the "Units") offered at a price of $0.05 per Unit to raise gross proceeds of up to $420,300 (the "Offering"). Each unit will...
2019-02-26 6:42 PM EST
Jaxon Mining Announces Increase of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") 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 (the "Units") offered at a price of Cdn$0.05 per Unit to raise gross proceeds of up to Cdn$335,300 (the "Offering"). Each unit will comprise of one common share and one-half common share purchase...
2019-02-13 7:05 PM EST
Red Springs Project Update: Jaxon Discovers Additional High-Grade Gold Mineralization in North Cirque, Determines Low Angle Thrust Fault Bounded Quartz Tourmaline Breccia Minerlization Zone Extends over 1 Km(2)
Vancouver, British Columbia--(Newsfile Corp. - February 4, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") 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 fault bounded...
2019-02-04 9:00 AM EST
Jaxon Mining Announces Financing
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") 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 common share at...
2019-02-01 5:56 PM EST
Jaxon Announces Adoption of Advance Notice Policy
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") announces the approval and adoption by its Board of Directors of an advance notice policy (the "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: (i) facilitating an orderly and efficient process for the election of...
2019-01-23 12:42 PM EST
Jaxon Confirms Gold-Cobalt Mineralization Extension Along Both Strike and Dip of Backbone Tourmaline Breccia Zone at Red Springs and Announces Investor Relations Engagement
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2019) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) (the "Company") 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 tourmaline breccia...
2019-01-14 9:00 AM EST