Jaxon Completes IP Survey at Its Red Springs Project; Data Identifies Multiple High Priority Anomalies of Tourmaline Breccias and Porphyries
Vancouver, British Columbia--(Newsfile Corp. - December 17, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) (the "Company") is pleased to announce that on November 30, 2018 it completed 23 line km 2D Induced Polarization (IP) 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 chargeability anomalies...
2018-12-17 9:00 AM EST
Jaxon Discovers High Grade Gold-Cobalt Tourmaline Breccia Mineralization and Identifies Associated Porphyry Targets at Its Red Springs Project
Vancouver, British Columbia--(Newsfile Corp. - December 4, 2018) - 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 BB18-01 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 tourmaline breccia...
2018-12-04 9:00 AM EST
Jaxon Intercepts Multiple Quartz Tourmaline Breccia Mineralization Zones in BB18-05 Drill Hole at Its Red Springs Project
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) is pleased to announce completion of its fifth diamond drill hole, BB18-05, as part of its 2018 Phase One diamond drilling program which was designed to test the extent of the gold-bearing tourmaline breccia zone at its Red Springs project. Jaxon has now completed its 2018 drilling program, completing five holes, totalling 1,057 metres. Red Springs is located on Jaxon's...
2018-10-30 9:00 AM EDT
Jaxon's Red Springs Drill Hole BB18-04 Intercepts a Thickness of 51 Metres of Quartz Tourmaline Breccia Mineralization
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") is pleased to announce completion of its fourth diamond drill hole, BB18-04, as part of its 2018 Phase One diamond drilling program which was designed to test the extent of the gold-bearing tourmaline breccia zone at its Red Springs project. Red Springs is located on its 100% optioned 44,000-hectare Hazelton property in the Skeena Arch area of...
2018-10-22 9:00 AM EDT
Jaxon Intercepts a Thickness of 26.3 Metre Gold-Bearing Tourmaline Breccia Mineralization Zone at Red Springs
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) is pleased to announce the completion of the second and third diamond drill holes (BB18-02 and BB18-03) in the Phase One diamond drilling program on the Backbone gold-bearing tourmaline breccia zone at Red Springs, located on its 100% optioned 44,000-hectare Hazelton property in the Skeena Arch area of northwest British Columbia, Canada. Drilling Program — Phase One...
2018-10-17 9:00 AM EDT
Jaxon Mining Inc. Announces Chief Executive Officer
Vancouver, British Columbia--(Newsfile Corp. - October 15, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") announces the appointment of Mr. John King Burns as Chief Executive Officer of the Company, effective immediately. Mr. Burns has served as Chairman and Lead Director of the Company's board of directors since June of 2017. He will continue to serve as Chairman. The Company has received the resignation of outgoing President and CEO, Mr. Jason...
2018-10-15 9:30 AM EDT
Jaxon Announces Completion of First Diamond Drill Hole on Backbone Gold-Bearing Tourmaline Breccia Zone at Its Red Springs Project
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) is pleased to announce completion of its first diamond drill hole, BB18-01, as part of its Phase One diamond drilling program on the Backbone gold-bearing tourmaline breccia zone at its Red Springs project. Red Springs is located on part of Jaxon's 44,000-hectare Hazelton property in the Skeena Arch area of northwest British Columbia, Canada. Drilling Program Highlights:...
2018-10-10 9:30 AM EDT
Jaxon Mining Inc. Announces Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF) ("Jaxon" or the "Company") is pleased to announce that Mr. Alain Voisin, CPA, CGA has been promoted to Chief Financial Officer and Corporate Secretary of the Company, effective immediately. Mr. Voisin has worked with Jaxon since February 2018 and has served as Controller and CFO of various private and publicly traded companies, including a number of junior exploration...
2018-10-09 9:15 AM EDT
Jaxon Mining Inc. Retains Investor Relations Consultant and Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - October 5, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") is pleased to announce that it has engaged Purple Crown Communications Corp. ("Purple Crown") to serve as an investor relations consultant to the Company. Purple Crown will assist the Company to broaden its shareholder base and create effective tools for communicating with shareholders and potential investors. As compensation, the Company has...
2018-10-05 9:30 AM EDT
Jaxon Commences Drilling Program on Backbone Gold-Bearing Tourmaline Breccia Zone at Its Red Springs Project
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) is pleased to announce that, as of this week, it has commenced Phase One of a 2,000 to 2,200 metre diamond drilling program on the Backbone gold-bearing tourmaline breccia zone at its Red Springs project, located on part of its 44,000-hectare Hazelton property in the Skeena Arch area of northwest British Columbia, Canada. In a previous news release dated September 20, 2018,...
2018-10-04 9:12 AM EDT
Jaxon Mining Inc. Closes First Tranche of Private Placement and Expands Offering
Vancouver, British Columbia--(Newsfile Corp. - October 3, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ("Jaxon" or the "Company") is pleased to announce that, further to its news release of September 21, 2018, the Company has expanded its proposed private placement in response to an increase in investor interest and will now raise gross proceeds of up to $2,000,000 (the "Offering"). The Company proposes to raise up to $1,000,000 through the sale of up to 8,333,333 non...
2018-10-03 4:18 PM EDT
Jaxon Announces Financing
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF) is pleased to announce that it has arranged a non-brokered private placement of up to 5,833,333 units at $0.12 per unit for gross proceeds of $700,000 and 2,000,000 flow-through units at $0.15 for gross proceeds of $300,000. Each unit will comprise of one common share and one-half common share purchase warrant. Each whole purchase warrant will entitle the holder to...
2018-09-21 2:35 PM EDT
Jaxon Discovers Cobalt. This Season's Channel Sampling Program Confirms Occurrences of Gold with Copper, Cobalt and Antimony Credits
Vancouver, British Columbia--(Newsfile Corp. - September 20, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF) is pleased to report it has received initial assay results from its first 112 chip samples from the Backbone Prospect at its Red Springs Project in BC and preparation for a drilling program is underway. These chip sample results (see Table 1) and other 55 surface grab/chip sample results (Table 2) were collected at Backbone and North Cirque areas from the 2017 and early...
2018-09-20 10:05 AM EDT
Jaxon Appoints Dr. Yingting (Tony) Guo as Chief Operating Officer
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) is pleased to announce that, effective immediately, Dr. Yingting (Tony) Guo, a leading multidisciplinary, practical and skilled exploration geologist will serve as Chief Operating Officer to Jaxon Mining Inc. (the "Company"). Dr. Guo will be responsible for all aspects of the design, budgeting and procurement for, as well as the execution of, all geological and...
2018-09-06 9:00 AM EDT
Jaxon Completes Fieldwork at Red Springs, Drill Program Proposed
Vancouver, British Columbia--(Newsfile Corp. - August 30, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF) 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 other 4 areas will undergo detailed data...
2018-08-30 3:42 PM EDT
Jaxon Confirms Copper Gold Porphyry Discovery at Red Springs; Assays Pending
Vancouver, British Columbia--(Newsfile Corp. - July 26, 2018) - The first phase of exploration at Jaxon's (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF) Red Spring discovery, 40km north of Smithers, BC, 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 16, 2018. The project lies within the...
2018-07-26 2:13 PM EDT
Jaxon Closes Final Tranche of Financing - $595,140 Total for Both Tranches
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC: JXMNF) 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. Each unit will comprise one common share...
2018-07-20 2:52 PM EDT
Jaxon Closes First Tranche of Financing
Vancouver, British Columbia--(Newsfile Corp. - June 6, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) 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 entitle the holder to purchase one common...
2018-06-06 4:11 PM EDT
Jaxon Announces Financing
Vancouver, British Columbia--(Newsfile Corp. - June 5, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) 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 $0.20 per share with an expiry date of two...
2018-06-05 6:10 PM EDT
Jaxon to Start Phase 1 at Red Springs Target, Hazelton
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) 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 the same Hazelton project area, 50 kilometres...
2018-05-16 3:05 AM EDT