Jaxon Inc. is pleased to announce that it will be commencing its Phase 1, 2,000-metre diamond drilling program this week on the Max Target at its 44,000-hectare Hazelton Project in the famed Skeena Arch of northwest British Columbia, Canada.
As previously reported, the Max Target is characterised by volcanogenic massive sulphide (VMS) high-grade silver, zinc and lead mineralisation in sporadic outcrops over a roughly one square kilometre area.
Apex Diamond Drilling of Smithers, BC, is mobilizing this week to commence a Phase One diamond (core) drilling program on the Max Target consisting of 13 drill holes (NQ-size) totalling approximately 2,000 metres.
Drilling in the Phase 1 program will be focused primarily on geophysical targets interpreted to be associated with sulphide mineralisation. Recent channel samples believed to be related to these anomalies returned values including 6,958 g/t silver over 0.5m and 31.92% zinc over 1.0m.
Recently completed 2D and 3D Induced Polarization (IP) geophysical surveys indicate extensive high-chargeability and low-resistivity anomalies from surface to a depth of approximately 150 metres. These anomalies are interpreted to be related to sulphide-rich material.
Source: Jaxon Inc
