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 for both the gold-cobalt tourmaline breccia mineralization and a number of associated porphyry target...
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 mineralization zones along strike at Red Springs. Located on the Company's 44,000 ha Hazelton property in the Skee...
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 Jaxon has now completed its 2018 drilling program, completing five holes, totalling 1,057 metres. Red Springs is located on Jaxon's 100% optioned 44,000-hectare Hazelton property in the Skeena Arch area of northwest British Columbia, Canada.Drilling Program Highlights:The fifth drill hole, BB18-05, is an angle (-70 degree) diamond drill hole on...
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 northwest British Columbia, Canada.Drilling Program Highlights:BB18-04, a vertical (-90 dip angle) diamo...
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 Update: BB18-03, a diamond drill hole with HQ core (63.5 mm in diameter), was completed to a depth of 120 met...
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 Cubitt. Mr. Cubitt will also be resigning from the Company's board of directors. The Company wishes to thank...
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:BB18-01, a diamond drill hole with HQ core (63.5 mm in diameter), has now been completed to a depth of 1...
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 companies over the past 15 years. Mr. Voisin obtained his Bachelor of Science from Western University.The C...
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 agreed to pay Purple Crown $5,000 per month for an initial three month term. Except for the investor relati...
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, Jaxon identified the Backbone as a gold-bearing tourmaline breccia zone with a 1000-metre long strike, ...
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 flow-through units priced at $0.12 (the "NFT Units") and up to $1,000,000 through the sale of up to 6,666,6...
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 purchase one common share at $0.20 per share for the non- flow-through units and $0.24 per share for the ...
A director at Jaxon Minerals Inc sold 1,750,000 shares at 0.160CAD and the significance rating of the trade was 73/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two year...
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