BLUNT MOUNTAIN

Blunt Mountain AOI is one of four areas of interest hosted on Jaxon’s Hazelton property, located 45 km north of Smithers in British Columbia. Situated on the northeast corner (Figure 1) and spanning 70.62 km2, Blunt Mountain is a newly consolidated project area comprising ten previously held claims, one newly acquired claim (#10646260) and one split claim (#1073848).

After reviewing historical prospecting, staking, geological, geophysical and geochemical exploration data and completing a small scale surficial sampling program in 2017 and 2018, the Company remodeled a selection of historical results and identified the outlines of a potentially large and deep-seated Cu-Mo porphyry system indicated by a significant magnetic anomaly. Based on those modeling results, the project area was expanded, consolidated and defined as its own AOI. Blunt Mountain is located at the centre of the Skeena Arch Bulkley intrusions. The Company is studying the extent of any impacts from Laramide events on porphyry generation in the area (Figure 2).