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September 10 , 2025 – TheNewswire - Vancouver, BC – Jaxon Mining, Inc. (the “ Company ” or “ Jaxon ”) (TSXV: JAX) the Company announces an update regarding the Binding Letter of Intent dated July 24, 2025, with Lake Winn Resources (“Lake Winn”), in connection with Jaxon's Blunt Mountain Silver-Antimony Property (see press release dated July 24, 2025). In 2021, multiple rock samples at Blunt Mountain assaying greater than 700 g/t Ag and 4% Sb were collected by Jaxon along strike as described in the table below. As a result of the transaction Lake Winn Resources stock was halted and it was determined that the proposed earn-in to 50/50 Joint Venture, involving a $50,000 cash payment to Jaxon and $1.5M in work commitment over 3 years, may be considered a fundamental acquisition under TSX-V policies. Given the time and expense related to a possible fundamental acquisition, Lake Winn and Jaxon have terminated the LOI without recourse pursuant to a termination agreement dated August 18, 2025 permitting Lake Winn to return to trade. The Company and Lake Winn are evaluating alternative transaction structures. Jaxon has retained 100% ownership in the Blunt Mountain Silver-Antimony Project. Blunt Mountain is located 45 kilometers North of Smithers, British Columbia and covers 7,209 hectares. Results of rock sampling along strike by Jaxon in the Summer of 2021 ( BC Assessment Report 39740 ) are as follows:
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2024) - Jaxon Mining Inc. (TSXV: JAX) (FSE: 0U31) (OTC Pink: JXMNF) ("Jaxon" or the "Company") announces the resignation of Brian Crawford as Chief Financial Officer and Corporate Secretary of the Company effective April 12, 2024. His replacement will be announced in the coming days.
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