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Jaxon Mining Inc.
Summary
| Project: | Red Springs | |
|---|---|---|
| Deposit: | Red Springs | |
| Location: | Canada | |
| Commodities: | Gold-Copper-Cobalt | |
| Date: | 1/14/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 14-1-2019: Jaxon Mining Inc. announces an Exploration/Drilling Update report for its Red Springs deposit at the Red Springs project. Drilling results incl. 21m @ 0.58g/t AuEq from 66m. Vancouver, British Columbia--(Newsfile Corp. - January 14, 2019) - Jax | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Yingting Guo (Internal) | |
| ABSTRACT: | 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 mineralization zones along strike at Red Springs, located 9 km from Highway 16, on the Company's 44,000 ha Hazelton property in the Skeena Arch area of North West British Columbia. TonyGuo, Jaxon's COO, commented: "The assay results from BB18-04 and BB18-05 confirm the mineralization extensions along both strike and dip of the Backbone tourmaline breccia zone. The Company plans to drill more holes in 2019 along both mineralization strike and dip, especially to the North of the BB18-03 drill pad, in close proximity to the Backbone tourmaline breccia centre to test the strike extension and to the West of the current drill pad connection line to test the dip extension | |
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