Wishbone Property

The Wishbone property is comprised of 4,000 ha and is located within the Golden Triangle in Western British Columbia, aproximately 30 kilometres southeast of the Nova Gold/Teck-owned Galore Creek Property, a significant copper-gold-silver asset. The project is located in a region with active glaciation and has seen only limited exploration. Wishbone containes epithermal/mesothermal quartz hosted vein and rhyolite volcanic VMS targets on the northern extent of the property, and a series of six gold mineralized veins within 200 m of the original discovery vein have been found to date. The longest vein is exposed intermittently for approximately 550 m.

The property has seen some historic exploration which includes:

  • The most consistent channel samples in a single vein averaging 7.8 g/t Au over an average vein width of 2.4 metres and a strike length of 78 metres.
  • Mineralized boulder train and outcrop consisting of disseminated massive sulphides in quartz carbonate vein material with assay values up to 6.7 kg/t Ag, and 8.2% Cu.

The company announced the signing of a definitive agreement for the Wishbone property in March of 2017 with an option to earn 100% interest in the property.

2017 Spring/Summer Work Program

Jaxon is currently in the process of defining the summer work program. Details will be announced once the plan is complete; however, the program will include:

  • Examination of newly exposed ground from glacial melt.
  • Detailed follow-up of numerous high priority targets identified from historic data.
  • Property-wide sampling and reconnaissance.