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Jaxon Minerals TSXV:JAX

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8 months 1 day ago - 8 months 1 day 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: 8 months 1 day ago by ron.

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8 months 4 weeks 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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8 months 4 weeks 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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9 months 6 hours 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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9 months 2 days ago #120003 by ron
ron replied the topic: Jaxon Minerals TSXV:JAX
opened at $0.29 today,

Golden Triangle of British Columbia

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1 year 3 weeks ago #119297 by Gambler
Gambler replied the topic: Jaxon Minerals TSXV:JAX
great news with JAX, they will soon be drilling

2017-10-26 11:19 ET - News Release


Mr. Jason Cubitt reports

JAXON ANNOUNCES $1.8 MILLION STRATEGIC INVESTMENT AND COMMENCEMENT OF DRILL PROGRAM

Jaxon Mining Inc. has arranged a strategic investment from the Zijin Midas Exploration Fund, a subsidiary of Zijin Mining Group Co. Ltd. of China, and certain other investors, of up to 5,625,000 flow-through shares at a price of 32 cents per share for gross proceeds of $1.8-million. Proceeds will contribute to financing Jaxon's fall/winter 2017 drill program at its Hazelton silver-zinc VMS target in British Columbia's prolific Skeena Arch.

Jason Cubitt, Jaxon's president and chief executive officer, commented: "The Zijin Midas Exploration Fund is a cornerstone strategic investor and we welcome their continued support. We're excited to be mobilizing to the field for a phase 1 drill program at the Hazelton project. We have a host of high priority targets to drill test -- many beneath interpreted feeder zones associated with bonanza grades of silver and zinc at surface in outcrop."

A detailed 3-D drill model has been produced based on an integrated compilation of historic and recent fieldwork and airborne geophysics. The company will provide specifics to the program in the coming days via news release and on its website.

Closing of the financing is subject to approval by the TSX Venture Exchange. All of the securities issued under this financing will be subject to a hold period of four months from the closing date of the offering. Finders' fees may be payable to qualified finders in accordance with applicable regulations.

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1 year 2 months ago #118901 by alexgreat
alexgreat replied the topic: Jaxon Minerals TSXV:JAX
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

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1 year 2 months ago #118841 by alexgreat
alexgreat replied the topic: Jaxon Minerals TSXV:JAX
Anyone see that news on GTT yesterday, high grade intercept, same area Gold Triangle as JAX

Stock popped $1.68 to $2.20

GT Gold drills 6.95 m of 51.53 g/t Au at Saddle South



2017-08-31 11:35 ET - News Release


Mr. Kevin Keough reports

MULTIPLE HIGH-GRADE GOLD INTERCEPTS RETURNED FROM FIRST CORE HOLES EVER DRILLED AT GT GOLD'S SADDLE SOUTH DISCOVERY

GT Gold Corp. has provided the following update.

Multiple intercepts of high-grade gold plus or minus silver have been returned from six of the first eight core holes ever drilled into the new Saddle South gold discovery, including a very high-grade intercept of 51.53 grams per tonne (1.5 ounces per ton) gold and 117.38 grams per tonne silver over 6.95 metres (22.80 feet) (TTD007), and the first visible gold has been observed in core at 109 metres in TTD031. Assays are pending, and photos of gold from both holes are available on the company's website.
Mineralization of a similar style has also been intercepted in first-ever drilling at Saddle North (TTD011 and TTD012 (190.5 metres to 192.5 metres downhole); assays are pending.

Assays for eight Saddle South core holes (TTD001, TTD002 and TTD003 (pad No.1); TTD004, TTD005 and TTD006 (pad No. 2); and TTD007 and TTD008 (pad No. 3)), drilled from three pads spanning approximately 130 metres from east to west, respectively, are presented in this press release. Assays for the single remaining hole from the June reverse circulation drill program are presented in a separate attached table.

All core holes drilled into the Saddle target area to date, now totalling 36 (including stepouts and stepbacks), have returned intercepts of Saddle-style mineralization, as supported visually and by X-ray fluorescence (XRF) readings for gold pathfinder elements such bismuth, arsenic, zinc, lead and copper.

In addition to the eight core holes reported in this news release, a further 28 core holes have been completed or are presently under way, assay results for which will be made public, multiple holes per release, following receipt, quality assurance/quality control and interpretation. Turnaround times for lab assays have been unusually long but are improving.

Highlights:

Intercepts along approximately 320 metres of east-west strike to 330 metres (TTD032) down dip from surface, expansion continues;

Multiple intercepts per hole, such as seen in TTD004 and TTD005 (see attached table), add up to considerable widths in each hole of moderate grade encompassing multiple high-grade to very-high-grade shoots;

51.53 grams per tonne (1.50 ounces per ton) gold and 117.38 grams per tonne silver over 6.95 metres (90-per-cent true width) from 122.13 metres to 129.08 metres in hole TTD007;

Including 86.00 grams per tonne (2.51 ounces per ton) gold and 259.00 grams per tonne silver over 1.46 metres from 122.75 metres to 124.21 metres;

And 67.11 grams per tonne (1.96 ounces per ton) gold and 132.76 grams per tonne silver over 4.39 metres from 122.75 metres to 127.14 metres;

Including 72.64 grams per tonne (2.12 ounces per ton) gold and 74.34 grams per tonne silver over 2.14 metres from 125.00 metres to 127.14 metres;

10.26 grams per tonne gold and 46.07 grams per tonne silver over 7.00 metres from 20.00 metres to 27.00 metres in hole TTD001 -- multiple zone intercepts;

Including 32.10 grams per tonne gold and 283.00 grams per tonne silver over 1.00 metre from 21.00 metres to 22.00 metres;

6.57 grams per tonne gold and 121.31 grams per tonne silver over 14.78 metres from 51.22 metres to 66.00 metres in hole TTD002;

Including 22.00 grams per tonne gold and 440.00 grams per tonne silver over 1.00 metres from 59.00 metres to 60.00 metres;

9.01 grams per tonne gold over 3.00 metres from 81.00 metres to 84.00 metres in hole TTD004 --multiple zone intercepts;

Including 12.65 grams per tonne gold over 1.00 metre from 81.00 metres to 82.00 metres;

6.25 grams per tonne gold over 6.44 metres from 44.00 metres to 50.44 metres in hole TTD005 -- multiple zone intercepts;

Including 10.10 grams per tonne gold over 1.50 metres from 46.50 metres to 48.00 metres;

18.29 grams per tonne gold and 49.24 grams per tonne silver over 2.81 metres from 108.09 metres to 110.90 metres in hole TTD008 -- multiple zone intercepts;
Including 29.23 grams per tonne gold and 79.75 grams per tonne silver over 1.72 metres from 109.18 metres to 110.90 metres;

8.79 grams per tonne gold and 17.98 grams per tonne silver over 7.62 metres from 24.99 metres to 32.61 metres in RC hole TTR025;

Including 37.90 grams per tonne gold and 85.00 grams per tonne silver over 1.53 metres from 28.04 metres to 29.57 metres.

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1 year 3 months ago #118712 by GoldnBoy
GoldnBoy replied the topic: Jaxon Minerals TSXV:JAX
Stock looking good again today, last at 45 cents

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1 year 3 months ago #118707 by lynnsa10
lynnsa10 replied the topic: Jaxon Minerals TSXV:JAX
Nice move on the JAXs today, this mew guys sounds like an Asian heavy weight

Jaxon Minerals Inc. has appointed Dr. Yingting (Tony) Guo to its board of directors. Dr. Guo is a member of the technical committee of the Zijin Midas Exploration Fund, a strategic investor in Jaxon and a subsidiary of Hong Kong-listed Zijin Mining Group, the fund's manager and major investor.

Zijin Mining Group ranks as the largest gold producer in the world by revenue. The group has made prior significant investments in proximity to Jaxon's projects, including an $80-million investment in Pretium Resources in 2015.

Dr. Guo has over 30 years experience in the mining industry. His business expertise includes mineral resource estimation, development, assessment, acquisition and project management. Dr. Guo holds a bachelor of science degree in geology from the Nanjing University and a doctoral degree in geology and exploration from the China University of Mining and Technology. He is a registered professional geoscientist in the province of British Columbia, Canada, and qualified person committee member of the Mining and Metallurgical Society of America.

Said Dr. Guo, "This is a newly formed fund with a mandate to invest strategically, and on a global basis, in exploration stage projects demonstrating potential for a large discovery." He continued, "We're pleased to have Jaxon as our first investee and look forward to a long and mutually productive relationship."

"We're thrilled to have someone of Dr. Guo's calibre join our team," said Jason Cubitt, Jaxon's president and chief executive officer. "World-class projects require world-class financial partners, and the addition of Dr. Guo and the Zijin Midas Exploration Fund will play a vital role in building value for all of our stakeholders."

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1 year 3 months ago #118643 by RonS
RonS replied the topic: Jaxon Minerals TSXV:JAX
I am expecting numbers next week on assays, it has to be pretty soon. This sounds like will be one of the hotter plays in the Golden Triangle BC

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1 year 3 months ago #118586 by WealthyPlumber
WealthyPlumber replied the topic: Jaxon Minerals TSXV:JAX
Thanks Gambler, it has made quite a move ahead of these results. I wonder how it will do when the news comes out

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