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Jaxon Mining Inc : Jaxon Closes Private Placement, Announces Technical Advisory Committee, Grants Stock Options and Makes Final Property Option Payment
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Jaxon Mining Inc : Jaxon Commences 2021 Field Season and Receives Report Vectoring in on Multiple Porphyries at Netalzul Mt and Red Springs
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Jaxon Receives Drilling Permit for the Netalzul Mountain Project at
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Vancouver, British Columbia (Newsfile Corp. - December 15, 2020) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) ( Jaxon or the Company ) is pleased to announce the results from the preliminary interpretation of the aeromagnetic geophysical survey conducted at the Netalzul Mountain high-grade silver hydrothermal polymetallic targets. Given the excellent results from the rock and soil sample assaying, surface prospecting and magnetic survey interpretation, Jaxon has expanded its Netalzul project claims to the surrounding area with the addition of claims 1079283, 1079284, 1079285 and 1080058 (Figure 6). Jaxon now controls 528 km2 at its 100% owned Hazelton Property.
The 2020 aeromagnetic survey delineates numerous discreet and variably linear magnetic low anomalies within the highly magnetic Bulkley granite intrusive. The magnetic signatures align with the Ag-Cu-Au-Pb-Zn enriched surface soil and rock samples taken from the same areas. This correlation is particularly