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Jaxon Mining excited about kicking off drilling at Hazelton's Max target

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Jaxon Mining Inc (CVE:JAX) says it’s excited about starting a 2,000 meter (m) drill campaign at the Max target at its Hazelton project in the famous Skeena Arch of northwestern British Columbia in Canada.

Max, as previously reported, is a large anomaly on the 44,000 Ha (hectare) project that is characterised by high grade silver, zinc and lead mineralization in sporadic outcrops over an approximate one-square-kilometre area.

Contractor Apex Diamond Drilling is moving to the site this week to kick off a phase 1 diamond (core) drilling program on the target consisting of 13 drill holes (NQ size) totalling around 2,000 metres (m).

“We are obviously excited to be drill testing a target with this kind of potential and I would like to congratulate the entire team on the exceptional work they’ve done both in the field and behind the scenes — compiling, integrating and interpreting historic and current data,” said Jason Cubitt, Jaxon’s president and chief executive.

Vice-president of exploration Carl Swensson added: “We have benefited from a significant amount of historic work by previous operators in the area, including a 1988 shallow-depth drilling program.

“Out of 18 holes from this historical program, six came close to the edge or minimally penetrated our geophysical target zones.

“Significant mineralization was found to be coincident with high chargeability anomalies in each of these six holes.”

Drilling in the first phase will mainly be focused on geophysical targets interpreted to be associated with sulphide mineralization.

Recent channel samples believed to be related to these anomalies returned values including 6,958 grams per tonne (g/t) silver over 0.5 metres and 31.92% zinc over 1.0 m.

Story by ProactiveInvestors


Source: http://www.proactiveinvestors.com/companies/news/186430/jaxon-mining-excited-about-kicking-off-drilling-at-hazelton-s-max-target-186430.html


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