- Jaxon Mining (JAX) has announced the results of its 2021 soil and rock sampling program at the Blunt Mountain project
- Crews collected a total of 14 rock samples and 99 soil samples from the northeast area of Blunt Mountain
- Of those samples, seven chip samples averaged 1,079 g/t of silver equivalent
- Jaxon Mining is a Canadian exploration and development company pursuing the discoveries of commercial-scale copper, gold, silver, and polymetallic projects
- Jaxon Mining Inc. (JAX) is currently up 12.5 per cent, trading at $0.045 per share
Jaxon Mining (JAX) has announced the results of its 2021 soil and rock sampling program at the Blunt Mountain project.
During the project, crews collected a total of 14 rock samples and 99 soil samples from a 2-kilometre-long shear zone in the northeast area of Blunt Mountain.
Sampling identified a large, high-grade, epithermal silver polymetallic mineralization zone. Of those samples, seven chip samples averaged 1,079 g/t of silver equivalent, with one assaying up to 1,795 g/t silver equivalent.
John King Burns, Chairman and CEO of Jaxon Mining, commented on the results.
“The pervasive nature of mineralization at Blunt Mountain is typical of the mineralization distribution found in epithermal caps above major porphyry systems,” he said. “The geochemical data resulting from the 2021 sampling program will be utilized to inform our geological modeling exercises.”
The Blunt Mountain property is located approximately 21 kilometres east of New Hazelton, BC and 50 kilometres north of Smithers, BC on a north-western extension of the main Blunt Mountain peak.
Jaxon is planning a comprehensive study, including geological mapping, rock sampling, soil sampling, and re-logging of historical drill holes, at the property in the future.
The study will further define the known mineralization veins, identify new veins, and define areas for additional exploration.
Jaxon Mining is a Canadian exploration and development company pursuing the discoveries of commercial-scale copper, gold, silver, and polymetallic projects.
The company focuses on overlooked and underexplored targets with deeper intervals that have not been identified or adequately explored.
Jaxon Mining Inc. (JAX) is currently up 12.5 per cent, trading at $0.045 per share as of 2:10 pm EST.