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Jaxon Minerals TSXV:JAX

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2 months 3 weeks ago #120790 by ron
ron replied the topic: Jaxon Minerals TSXV:JAX

Hoss wrote: Chart is starting to repair itself some so I bought a little bit. Still a ways to go before it looks bullish again


anxious to see the new drill results in 2018.

Golden Triangle Gold Rush

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4 months 3 weeks ago #120578 by Hoss
Hoss replied the topic: Jaxon Minerals TSXV:JAX
Chart is starting to repair itself some so I bought a little bit. Still a ways to go before it looks bullish again

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5 months 16 hours ago #120525 by ron
ron replied the topic: Jaxon Minerals TSXV:JAX
good news,the stock is up a little today,hope it gets over $0.50 in 2018.

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5 months 16 hours ago #120521 by alexgreat
alexgreat replied the topic: Jaxon Minerals TSXV:JAX
Jaxon Completes Initial Report on Its More Creek Project in the Golden Triangle: Identifies High Priority Drill Targets

Vancouver, British Columbia--(Newsfile Corp. - April 19, 2018) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) 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, northern 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 its 2018 exploration season.

Highlights include the following:

Over $10 million of historical work, including the compilation of data from 14,523 m of drilling in 71 holes
Initial focus, two mineralized VMS systems identified 2 km apart with a 6.5 km marker horizon
Hole FM04-04, in the marker horizon: 15 g/t Au, 6.5% Zn, 1075 g/t Ag, over 3.1 m

Jaxon's geological team has identified the primary target as the untested marker horizon associated with the two discovered VMS systems, the BRT Zone and the Ryder Zone. Historically, 42 drill holes were completed - over 10,000 m of drilling in total - within the zones. A highly encouraging part of this target is the extensive 2 km area of potential, located between the BRT and Ryder Zones. This connecting area is Jaxon's preliminary area of focus for exploration efforts on the More Creek Property.

The BRT and Ryder Zones are both massive sulphide discoveries, separated by over 2 km of potential area, joined by a distinct marker horizon. This untested marker horizon has been mapped over a total of 6.5 km. In 2008, a wide-spaced Induced Polarization (IP) geophysical survey clearly indicated a coincident high chargeability associated with the marker horizon. The 2008 IP survey proposed a 15-hole drill program, but since the financial crisis in 2008, the property has not been the subject of substantial exploration efforts. Jaxon plans on completing a detailed IP geophysical survey over the area of interest to establish continuity and confirm the historical drill targets. Upon confirmation of this data, Jaxon intends to complete the previously proposed 15-hole drill program. Jaxon considers there to be high potential for discovery between the BRT and Ryder Zones.

The property has undergone14,523 metres of drilling historically, with 2010.9 metres drill by Cominco in the 90's and 12,513.05 m done by Roca Mines between 2003 and 2008. As noted above, the BRT-Ryder Zones have undergone 10,303 m of drilling, focusing primarily on the separate zones, two kilometres apart. The two known mineralized zones lie along a northeast-trending rhyolitic to sericitic schist and chloritic volcanic schist contact, that dips 20°— 50° southeast. Figure 1 illustrates both past drilling and the highly prospective marker horizon to be tested. Each zone has encouraging past drilling results summarized in Tables 1 and 2, and Jaxon believes the prospective marker horizon may extend this mineralization.

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5 months 1 week ago #120448 by Gambler
Gambler replied the topic: Jaxon Minerals TSXV:JAX
Jaxon Issues Letter To Shareholders

April 9, 2018

Jaxon Mining Inc. (TSXV: JAX, FSE: OU31, OTC: JXMNF) 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 jurisdictions is a strategy for success and continue to work toward achieving our objective of becoming one of Western Canada’s leading exploration companies.

In this period, Jaxon welcomed new and valuable members to its management and technical advisory teams including the addition of Carl Swensson as our vice president of exploration. Our exploration teams, under the leadership of project manager Bruce Ballantyne, performed flawlessly in sometimes challenging field conditions and their dedication to the company is very much appreciated.

Hazelton Update
We saw a significant expansion of our land portfolio, particularly in the Hazelton district, where our field season culminated in the November 2017 2,281-metre exploratory drill program. This program yielded a number of successes, among them the positive diagnosis of a volcanogenic massive sulphide (VMS) system rich in precious and base metals, and the identification of adjacent prospective areas of interest for our on-going drill program.

The land expansion at the Hazelton project, from an initial 2,300 hectares to over 40,000 hectares, was borne of an understanding that the bonanza grades of silver and zinc seen at the Max target were perhaps related to a much larger and longer-lived system. This interpretation was confirmed late in the 2017 field season with the discovery of a very large gold-rich tourmaline breccia system, perhaps genetically related to an intrusive/porphyry copper/gold system (Red Spring Zone). This discovery, 17 kilometres southwest of the initial area of interest at Hazelton, will be a high priority for the 2018 exploration season.

Consolidation in the Golden Triangle
Jaxon consolidated the historic Wishbone and Foremore projects into a second district-scale land package (in excess of 20,000 hectares), now called More Creek, in one of the world’s premier mining jurisdictions – BC’s famed Golden Triangle. The company retained independent experts to consolidate $10m worth of historic work expenditure (performed by Cominco Mining and others between 1990 - 2008), applying modern methods and interpretation to the first integrated modelling of this data. This work identified six distinct areas of highly prospective target zones including two gold-rich mineralised VMS systems with a combined strike length of 8.5 km. The detailed report is expected within the next two weeks.

Looking Forward
The company has filed Notice of Work applications with the BC Ministry of Mines at both the Hazelton and More Creek projects and eagerly anticipates the start of the 2018 field season. Field crews are expected to arrive by mid-May at Hazelton, and mid-June at More Creek. Planning for the summer exploration program at Jaxon’s Max and Red Spring prospects is now at an advanced stage, with an alpine-experienced geological mapping and sampling team selected for the first phase Red Spring exploration program.

We’re committed to being as transparent as possible in our communications. Our website is updated frequently with photos and videos from the field and we invite you to visit regularly. And we’re always happy to hear from you if you’d like to reach out to us directly. Thanks again for your continued support and I look forward to reporting again soon on developments from the field.

ON BEHALF OF THE BOARD OF DIRECTORS
JAXON MINING INC.

“Jason Cubitt” ______
Jason Cubitt, President.

Technical information in this news release has been reviewed and approved by Derrick Strickland, P.Geo., a qualified person as defined in National Instrument 43 -101.

About Jaxon
Jaxon is a precious and base metals exploration company with a regional focus on Western Canada. The company is currently focused on advancing its Hazelton Project in north-central British Columbia and the More Creek Project (consolidating the Wishbone and Foremore properties) in BC’s Golden Triangle.

For further information regarding Jaxon Mining Inc., please contact Mark Carruthers at 604-608-0400
Toll free: 1-877-608-0007.

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5 months 2 weeks ago #120408 by GoldnBoy
GoldnBoy replied the topic: Jaxon Minerals TSXV:JAX
Gambler, I picked some up, I think 11.5 cents. I think it only printed one trade at 10 cents

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5 months 2 weeks ago #120407 by ron
ron replied the topic: Jaxon Minerals TSXV:JAX

Gambler wrote: looks like buying down around 11 cents a couple weeks ago was a good deal. I had a bid in at 10, never got filled. Dam, should have ante up a little higher


good trade,got some more also at $0.12.

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5 months 2 weeks ago #120406 by Gambler
Gambler replied the topic: Jaxon Minerals TSXV:JAX
looks like buying down around 11 cents a couple weeks ago was a good deal. I had a bid in at 10, never got filled. Dam, should have ante up a little higher

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6 months 2 days ago - 6 months 2 days ago #120349 by ron
ron replied the topic: Jaxon Minerals TSXV:JAX

alexgreat wrote: nice video, long and strong. looking for next round of drilling


JAX down big time,bought some more the last week,RonS has a strong buy on it,another stock i'm looking at is TUO,small market cap and low share structure.

Last Edit: 6 months 2 days ago by ron.

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7 months 11 hours ago #120151 by alexgreat
alexgreat replied the topic: Jaxon Minerals TSXV:JAX
nice video, long and strong. looking for next round of drilling

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7 months 15 hours ago #120148 by Gambler
Gambler replied the topic: Jaxon Minerals TSXV:JAX
ron, great videos, some decent drill results for 1st pass

Jaxon drills up to 0.2 m of 1,206 g/t Ag at Hazelton

2018-02-16 09:14 ET - News Release

Mr. Jason Cubitt reports

JAXON DRILLS HIGH GRADE SILVER-ZINC AT HAZELTON, EXPANDS SYSTEM

Jaxon Mining Inc. has released 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 describing a robust system.

Highlights:

Eleven discrete intervals of high-grade silver (over 100 grams per tonne silver) were intercepted in seven of 12 holes drilled.
These intercepts occur as antimony-rich silver sulphosalts in polymetallic veins, feeder breccias and stratiform beds, returning grades from 103 grams per tonne to 1,206 grams per tonne silver, up to 11.1 per cent zinc and up to 2.07 grams per tonne gold.
The multiple-phase overprinting of polymetallic sulphide-sulphosalt mineralization is suggestive of a large and long-lived shallow-marine volcanogenic massive sulphide (VMS) system in this portion of the volcanic-sedimentary Rocky Ridge sequence.

Carl Swensson, Jaxon's vice-president, exploration, stated: "We've ticked all the boxes with this first-pass drilling on the Max target. The drill results, as modelled, indicate that we're in a large mineralized volcanogenic system. It's evident that the system carries high grades of precious and base metals, and, importantly, we're beginning to understand its diagnostic signature at depth."

Jason Cubitt, Jaxon's president, added: "We'll be able to build on what we're seeing here. The next task for us is to add this drill data to our conceptual model, locate the boundaries of this large mineralized system and vector to the areas where the highest-grade mineralization is structurally controlled."

A total of 2,281 metres were drilled at the Max target in 12 holes, and 1,019 core samples were selected for assay. The drilling targeted modelled high-chargeability and low-resistivity locations from the ground-based 2-D and 3-D induced polarization (IP) survey. The 12 completed drill holes tested a roughly one-square-kilometre area at the Max target along the northeastern slope of Blunt Mountain, from elevations of 550 metres to 775 metres, coincident with the channel sampling completed in the summer of 2017. This drill zone at Max only represents 0.2 per cent of the area of the Hazelton project, which covers a contiguous 47,000 hectares.

Drilling confirmed the diagnostic signature (antimony) of a precious-metal-rich shallow marine VMS system. The Max target displays characteristics of the nearby Equity silver mine (once Canada's most profitable silver mine) including similar-age rock, shallow marine setting and possible remobilization of precious-metal-rich mineralization.

Polymetallic sulphides with variable presence of sulphosalts were found in rhyolite and tuffs, monzonite, and in marine sediments such as argillite and arenite. Variable quantities of semi-massive-to-massive stratiform-bedding parallel sulphides, crosscutting veins and fractures have been found in all lithologies. It is evident that the IP survey responses tracked sulphides. No evidence of folding or major structural disruptions or faults was observed.

Due to the success of blind IP targeting, particularly in drill holes 17-11 and 17-12, Jaxon has made preliminary plans for an additional 1,000 metres to 4,000 metres of drilling at the Max zone in the coming 2018 field season. This drilling will also cover the area directly adjacent to the north of the known mineralized Max target, where a magnetic low (potentially due to hydrothermal alteration) is coincident with high-chargeability targets. Jaxon's technical team and consultants continue to assess data from the 2017 field program, and detailed plans for proposed work in 2018 at the Max target as well as other highly prospective gold, silver and non-ferrous metals targets on the Hazelton project will be provided in a separate press release.


SIGNIFICANT INTERCEPTS FROM 2017 MAX DRILLING OF IP SURVEY AT HAZELTON

Hole ID From To Length Ag Sb Pb Zn Au
(m) (m) (m) (ppm) (%) (%) (%) (ppm)

JAX17-08 120.2 121.4 1.2 111 0.691 1.82 4.88 0
JAX17-08 123.1 123.6 0.5 273 0.906 3.13 11.1 0
JAX17-04 37.9 38.3 0.4 15 0.268 0.64 7.78 0.268
JAX17-07 76.5 78 1.5 103 0.282 0.53 3.08 0.01
Jax17-05 85 86.1 1.1 13 0.258 0.62 2.97 0.166
JAX17-06 95.2 96.2 1.0 114 0.509 0.73 5.27 0.003
JAX17-09 30 31 1.0 109 0.256 0.53 4.16 0.257
JAX17-10 No high-grade intercepts
JAX17-12 104.8 105.3 0.5 153 1.942 2.15 3.62 0.654
JAX17-12 107.5 108.1 0.62 418 5 6.87 10.29 1.077
JAX17-11 92.33 92.53 0.2 1,206 4.731 5.29 10.83 2.075
JAX17-03 114.1 114.6 0.5 306 1.192 2.44 0.44 0.925
JAX17-03 181.3 181.8 0.5 265 2.002 3.87 2.01 0.038
JAX17-03 192.2 192.8 0.6 146 1.316 1.51 1.23 0.085
JAX17-02 No high-grade intercepts
JAX17-01 No high-grade intercepts

All core was transported daily to Jaxon's secure core logging/cutting facility in Smithers. The core was logged by a professional geologist and selectively sampled. The selected core sections were cut in half, with one-half placed back in the core box and the other half prepared for shipment for analysis assay. The core sample lengths were generally one-metre displaying mineralized massive sulphide sections varying from 0.2 metre to 0.5 metre in length. All samples were packed in rice sacks, sealed, palletized and securely shipped to MS Analytical Laboratories (ISO/IEC 17025:2005 certified) in Langley, B.C. to undergo analysis.

The analyses included: ore-grade polymetallics Code ICP-240 for lead, antimony and zinc in per cent; gold underwent 20-gram aqua regia ICP-AES-MS Code IMS-117; silver fire assay of a 30-gram gravimetric fusion Code FAS-418 was used to obtain the value of 1,206 grams per tonne silver. Jaxon retains the remaining core samples in numbered core boxes stacked in a secure gated storage facility.

Jaxon conducted its own independent quality assurance/quality control program for the drill program inserting quality control samples -- one in every 10 samples. This included the insertion of certified standards with three standards having silver contents in the high-grade range of the Max mineralized samples. Jaxon also inserted blanks and limited duplicate samples. These samples are checked to ensure results fall within acceptable target ranges, and all results from the controls were acceptable.

Additional material, including drill site and core photos, is available on the company's website.

Derrick Strickland, PGeo, is a qualified person for the purpose of National Instrument 43-101, standards and disclosures for mineral projects and has reviewed and approved all technical information in this news release.

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7 months 1 day ago #120131 by ron
ron replied the topic: Jaxon Minerals TSXV:JAX

alexgreat wrote: JAX short volume down considerable to 221,000 was over 3 million back in August

shortdata.ca/?c=jaxon-mining%20inc.-short-sales&sym=JAX.V


Jaxon Mining


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