- Jaxon Mining Inc. (JAX) has received assay results from the Netalzul Mt project near Smithers, BC
- A total of 2,483 metres of diamond drilling over nine holes in are highlighted by 14.2 metres of 0.77 per cent copper equivalent in sulfide quartz breccia zone
- The Netalzul Mt porphyry system represents the first of seven targeted porphyry systems on the Hazelton property to be programmed for testing at depth
- The deeper porphyry system has been identified as the source of the monzonite dykes observed in the core and in outcrops on the surface
- Drilling intercepted multiple styles of mineralization including epithermal intermediate sulfidation type silver-copper-gold polymetallic quartz veins and fracture filling sulfides veins
- Jaxon Mining Inc. (JAX) is unchanged trading at $0.05 per share as of 1:18 p.m. EST
Jaxon Mining (JAX) has received assay results from the Netalzul Mt project near Smithers, BC.
A total of 2,483 metres of diamond drilling over nine holes are highlighted by 14.2 metres of 0.77 per cent copper equivalent in sulphide quartz breccia zone.
Additionally, 7.4 metres of 0.71 per cent copper equivalent in disseminated sulphide monzonite porphyry dykes were noted.
The Netalzul Mt porphyry system represents the first of seven targeted porphyry systems on the Hazelton property to be programmed for testing at depth.
The deeper porphyry system has been identified as the source of the monzonite dykes observed in the core and in outcrops on the surface.
The nine holes targeted near surface epithermal vein-type mineralization and other evidence of the deeper porphyry.
Four holes were drilled at the Daisy South Adit zone, two holes targeted the Daisy Central zone, and three holes targeted the Daisy North Contact zone.
Drilling intercepted multiple styles of mineralization including epithermal intermediate sulfidation type silver-copper-gold polymetallic quartz veins and fracture filling sulphides veins.
A high-resolution LiDAR survey, petrological studies, rock dating studies, and structural mapping work were also completed during the 2021 work season.
The LiDAR results will be utilized to reset and reprocess the life of the project, geophysical, geochemical, and structural data.
The updated models will then be used to more precisely vector in on the deeper porphyry system target within Netalzul Mt.
Jaxon Mining expects to publish the results of the new modelling in Q1 and Q2 of 2022 using 3D projections.
Jaxon Mining Inc. (JAX) is unchanged trading at $0.05 per share as of 1:18 p.m. EST.
