Jaxon Mining Inc.
Jaxon Mining Inc.
- ISIN: CA47200C1023
- Land: .
Nachricht vom 28.11.2017 | 09:01
Jaxon Mining Inc.: Further Evidence of a Precious Metals Rich VMS System at Hazelton
DGAP-News: Jaxon Mining Inc. / Key word(s): Miscellaneous
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2017) - Jaxon Mining Inc. (TSXV: JAX) (FSE: OU31) (OTC: JXMNF) is pleased to provide an update from the Fall/Winter 2017 drilling program at its Hazelton silver-zinc project, located 50 kilometres north of Smithers, in the Skeena Arch of British Columbia.
Jaxon has successfully drilled 10 of 13 drill holes totalling 1,956 metres out of a planned 2,000 metres, and the eleventh hole is under way. As previously reported, all core samples are being transported to MS Analytical laboratories in Langley BC for analysis. Delays are still being experienced at the lab due to an above-average volume of business late in the season.
Jason Cubitt, Jaxon's President and CEO comments, 'While we’re still waiting for analytical data from the lab, our team is very satisfied that we’re seeing visual evidence of a large mineralised system in drill core.' He continues: 'We have a lot of ground yet to explore in the Hazelton district but these first 10 holes makes a compelling case for the region in general and of good things to come.'
Observed Drilling Highlights
Jaxon expects to receive all assay data by late January, 2018. Results will be integrated into a 3-dimensional data model and our technical team will use this to establish a Phase Two program beginning Spring 2018. A drill plan view map is included in this news release. Additional material including drill site photos is available on the company’s website at www.jaxonmining.com.
All core samples are transported daily to Jaxon's secure core logging/cutting facility in Smithers. Once there, the samples are logged by a professional geologist, selected sections are cut in half, with one-half placed back in the core box and the other half prepared for secure shipment to the assay lab. Each sample is placed in a numbered plastic sample bag along with a sample number tag and immediately sealed. Samples are packed in rice sacks, sealed and palletized. The pallets are delivered to Bandstra Transportation Systems Ltd. in Smithers to be shipped to MS Analytical in Langley, B.C., for analysis. MS Analytical is ISO/IEC 17025:2005 certified and has its own in-house quality assurance/quality control program utilizing blanks, duplicates and standards. Jaxon is conducting its own independent quality assurance/quality control program for the drill program, which includes the insertion of certified standards, blanks and limited duplicate samples. These samples are checked to ensure results fall within acceptable target ranges.
Jaxon Drill Hole Map, Max Target, Hazelton Project
To view an enhanced version of this image, please visit:
This news release has been reviewed and approved by Derrick Strickland, P.Geo. a qualified person for the purpose of National Instrument 43-101, standards and disclosure for mineral projects.
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.
ON BEHALF OF THE BOARD OF DIRECTORS
For further information regarding Jaxon Mining Inc., please contact Mark Carruthers at 604-608-0400
This news release may contain forward-looking information, which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the Company's objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames, or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law. Neither TSX Venture exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Click on, or paste the following link into your web browser, to view the associated documents http://www.newsfilecorp.com/release/30820
|Company:||Jaxon Mining Inc.|
|End of News||DGAP News Service|
GBC im Fokus
Cryptology: führende europäische Holding für Krypto-Assets und Blockchain-Unternehmen
Die Cryptology Asset Group ist eine börsennotierte Beteiligungsgesellschaft mit Fokus auf Krypto-Assets und blockchainbasierte Geschäftsmodelle. Dafür steht der Crypotology ein breites Netzwerk zur Verfügung, u.a. Christian Angermayer und Mike Novogratz, zwei der weltweit prominentesten Persönlichkeiten im Kryptogeschäft, die gleichzeitig auch zu den Gründern und Hauptgesellschaftern des Unternehmens zählen. Wir haben mit dem CEO der Gesellschaft, Patrick Lowry, über die Perspektiven für Krypto-Assets und die Entwicklung der Cryptology Asset Group gesprochen.
Der AKTIONÄR News
21. Januar 08:59 Nornickel: KGV von 5, Dividendenrendite von 12 Prozent, aber…
21. Januar 08:59 LVMH: Kurse über 800 Euro sind drin
21. Januar 09:01 Gold: ... und was kommt jetzt?
21. Januar 09:14 Auto1: Jetzt greifen die Investoren durch
News im Fokus
Zalando SE: Zalando startet Aktienrückkaufprogramm für Aktienoptionsprogramme
20. Januar 2022, 21:24
Trading Update FY 2021
25. Januar 2022
Original-Research: 2G Energy AG (von First Berlin Equity Research GmbH): Buy
21. Januar 2022