The Conversation (0)
Jaxon Mining (TSXV:JAX, FSE:0U31, OTC:JXMNF) directed its investments towards unexplored and underexplored regions in favorable orogenic settings with its Hazelton property comprising 74 contiguous mineral claims. Hazelton contains a total of seven porphyries, three of which constitute the company's main focus in 2023: Netalzul Mountain, Kispiox Mountain and Red Springs.
Netalzul is a polymetallic epithermal-porphyry system topped by one of the largest and strongest copper, molybdenum and zinc anomalies ever observed in British Columbia. Kispiox Mountain, meanwhile, is home to arguably North America’s and one the world's highest-grade antimony deposits. Similarly, Red Springs contains one of the largest occurrences of mineralized quartz-tourmaline breccia zones and pipes ever discovered in North America.
Jaxon has leveraged the technical discipline and experience of these individuals and the rest of the company’s management team very effectively, while also keeping operations relatively lean. In addition to comprehensive structural and surface mapping and modeling, the company has applied geophysics, geochemistry and extensive sampling to its exploration and discovery efforts. This model- and data-driven approach has more than borne fruit, allowing the company to uncover multiple promising deposits with minimal drilling required.
Company Highlights
- Jaxon Mining is a junior mining company operating primarily in northwest British Columbia and helmed by industry veterans with decades of expertise.
- Jaxon is currently pursuing discoveries in its 100-percent-owned Hazelton land package, which has the potential to provide the company with a major district-scale play.
- Divided into seven owned and connected target areas, Hazelton exists in a comprehensive mining service center with close proximity to a major highway and railroad, energy infrastructure and an airport.
- Copper, antimony, molybdenum, silver and zinc represent the Hazelton Property's primary mineral resources. There is also the potential for significant reserves of gold, lead and tungsten.
- Jaxon expects a copper equivalent grade of 0.7 percent from its projects, significantly higher than the province's average.
- Porphyries in Hazelton are primarily situated above sea level and should be amenable to advanced underground mining techniques.
- In February 2023, the company received $741,890.96 in mineral exploration tax credit from the BC Provincial Government.
This Jaxon Mining profile is part of a paid investor education campaign.*
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