Finding Hidden Value in Mineral Exploration Jaxon Minerals Inc Exploring the Prolific Skeena Arch May 2017
Property Overview Jaxon Minerals owns a 100% interest in two highly prospective properties in Northern British Columbia: • Hazelton Property • VMS / Epithermal • Ag-Au-Pb-Zn • Iskut Property • Epithermal / Mesothermal / VMS • Au-Cu
Hazelton Property | Location Jaxon acquired 3,000 hectares covering the Max and Knoll high-grade occurrences, and later expanded its position to 28,000 hectares
Hazelton Property | Highlights Zinc Highlights at Max Zone • 100%- owned/optioned • 28,000 hectares in the Skeena Arch • Long season • Exceptional Ag/Au/Zn/Pb grades at surface “…high potential for an (Eskay Creek type) Volcanogenic Massive Sulphide…deposit” – D.G. McIntyre, BC Geological Survey, 2000
Hazelton Property | Highlights Silver Highlights at Max Zone • Excellent infrastructure • $2 to 3 million of exploration 2009-2012 (private) • Acquired from original prospector “…high potential for an (Eskay Creek type) Volcanogenic Massive Sulphide…deposit” – D.G. McIntyre, BC Geological Survey, 2000
Hazelton Property | Historical Data 174m of channel samples 464 line-kilometres 2,800 soil samples from shallow trenches of Helicopter VTEM (2012) within 1 km 2 area over 3 square kilometres report by July 2017 numerous over-limit assays currently being verified
Hazelton vs Eskay Creek Characteristic Eskay Creek Hazelton Hosted in bimodal volcanic sequence Carbonaceous argillite Shallow Marine setting Tabular stratiform sulphide lenses Discordant vein and disseminated sulphides in immediate rhyolite footwall Exceptional grades
Hazelton - Coincident magnetic anomaly 2km long by 200m Prospective thick high shallow conductivity zone mineralized with anomalous sulphide enriched magnetic signature zones (red)
Hazelton - Surface Samples High grade rock chip surface samples from Max Zone Ag Equ g/t Ag g/t Au g/t Pb % Zn % 4,403.2 3,398 2.3 15.1 11.9 2,053.1 469 0.6 39.5 9.8 1,767.5 481 3.4 27.2 6.4 1231 0.4 5.8 9.6 1,744.9 480 2.9 26.8 6.5 1,722.5 1,453.7 353 2.0 30.6 0.5 1,404.0 419 2.6 14.0 11.6 Aq Equ based on: US$18.2/oz silver, US$1,240/oz gold, US$0.91/lbs lead and US$0.94/lbs zinc. swww.jaxonminerals.coma TSXV: JAX
Hazelton – High Grades Jaxon hand sample from Trench 742 exposure assayed 1.9 kg silver per tonne, 4.7 g/t gold, 19% lead and 5.7% zinc
Hazelton – Surface Exposure 30 to 40 cm thick zone of massive sulfides. Rock sample collected here in 2011 assayed 3,398 g/t Ag .
Hazelton – Surface Exposure Exposure at the Forgotten Trench, Max Zone, showing bedding
Hazelton - Regional Potential • Original prospector focused on 3,000 ha zone • Jaxon has compiled regional data indicating prospective stream sediment and pathfinder anomalies • VMS occurrences often found in groups • Jaxon has staked to increase land package to 28,000 ha
Hazelton – Current Program • Team mobilising to project first week of June, 2017 • First time that historical results will be systematically followed-up on the ground • This includes just-processed results from modern VTEM flown in 2012 and recently acquired by Jaxon • Also regional follow-up of BC Geological Survey geochem and pathfinder anomalies on newly- staked additional land
Jaxon – Other Properties • Wishbone Project – two targets • Epithermal/mesothermal quartz hosted veins • Rhyolite volcanic VMS • 4,000 hectares, 30 km from Galore Creek Cu-Au-Ag • Active glaciation means exposure only recently • Channel sample averaged 7.8 g/t Au over 2.4 m width along 78 metres of strike • Option to earn 100%
Key Team Members Jason Cubitt President, CEO Mr. Cubitt has 25 years’ experience working with resource companies in a variety of capacities - as founder, finance agent, and institutional investor. In 2005 Mr. Cubitt co-founded Ascenta Finance Corp., a Canadian Exempt Market Dealer, directing investment of over $100m into public and private junior resource companies. Most recently, Mr. Cubitt was director of investments for Vertus Investment Advisory and Ascenta Asset Management, offshore investment advisory firms for which he was responsible for precious metals and special situations mining and energy funds. He joined Jaxon Minerals in November, 2016. Bruce Ballantyne Project Manager Mr. Ballantyne has the significant role of being the Manager of the Company’s projects. Mr. Ballantyne has had a distinguished career of 23 years starting in 1974, with the Geological Survey of Canada, as a well-known member of the Mineral Resources Division, where he specialized in Applied Exploration Geochemistry. He was responsible for the development and initiation of the National Geochemical Reconnaissance Stream Sediment surveys in the Canadian Cordillera and as a guest speaker has presented his research on a variety of deposits nationally and internationally. Since 1996 he has consulted to junior and mid-tier mineral exploration companies including a six year term ending in 2008 with Starfield Resources Inc. where he was an integral part of the successful exploration and development of resources at the Ferguson Lake copper-nickel-cobalt- platinum group metal deposit in Nunavut, Canada. Mr. Ballantyne is a B.Sc. graduate of the University of Guelph, Ontario.
Key Team Members Laurence Stephenson, P.Geo., MBA Director Mr. Stephenson has been a Director of JAXON MINERALS since November 2008, he has over 40 years experience in the field of mineral exploration and in guiding new companies in the acquisition and utilization of capital. He was instrumental in starting Glencairn Exploration Ltd., a listed company and its subsidiary, Wheaton River Minerals Ltd. (formerly listed on the Toronto Stock Exchange before its plan of arrangement with Goldcorp Inc.). Mr. Stephenson received his B.Sc. from Carlton University and his MBA from York University. He is a member of the Professional Engineers of Ontario and the Professional Engineers and Geoscientists of British Columbia. James Lavigne, P.Geo., M.Sc. Director & Technical Advisor Mr. Lavigne has been a Director of JAXON MINERALS since November 2008. He has over 25 years experience in all phases of mineral exploration and development predominantly in base and precious metal deposits. His positions included Vice-President of Exploration for Goldbrook Ventures Inc. where he was responsible for design implementation and management of their programs; senior geologist with FNX Mining Company; and consulting geologist with Wardrop Engineering. He is currently Vice President Exploration for Garson Gold Corp. focusing on the New Britannia Gold Mine, Snow Lake, Manitoba. Mr. Lavigne has a B.Sc. (Geology) from Memorial University of NFLD and a M.Sc. (Geology) from the University of Ottawa
Corporate Summary Listing TSX.V: JAX Head Office Vancouver, BC Shares Outstanding 37,805,339 Options 3,775,000 Warrants 13,931,144 Fully Diluted 55,511,483 Dilution Proceeds $1,809,327 Share Price Range (52 wk) $0.22 / 0.025
Cautionary Statement Investors are cautioned that, except for statements of historical fact, certain information contained in this document includes “forward-looking information”, with respect to a performance expectation for Jaxon. Such forward-looking statements are based on current expectations, estimates and projections formulated using assumptions believed to be reasonable and involving a number of risks and uncertainties which could cause actual results to differ materially from those anticipated. Such factors include, without limitation, fluctuations in foreign exchange markets, the price of commodities in both the cash market and futures market, changes in legislation, taxation, controls and regulations of national and local governments and political and economic developments in Canada and other countries where Jaxon carries-out or may carry-out business in the future, the availability of future business opportunities and the ability to successfully integrate acquisitions or operational difficulties related to technical activities of mining and reclamation, the speculative nature of exploration and development of mineral deposits located, including risks in obtaining necessary licences and permits, reducing the quantity or grade of reserves, adverse changes in credit ratings, and the challenge of title. The Company does not undertake an obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Thank you! Jason Cubitt, President jcubitt@jaxonminerals.com
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