DGAP-News

New Massive Sulphide Occurrences Identified at Hazelton Property - Seite 2

Two of Condor's Target Zones are ranked as high priorities, with one containing several strong single point responses near a magnetic anomaly that suggests an eastern extension of the Max Stock. The other contains several weak single point responses associated with the Knoll mineral occurrence and a major fault interpreted from the magnetic tilt-derivative. Additional interpretation is underway.

IP & Mise a la Masse Survey Plan

SJ Geophysics has completed their plans for the 3DIP and mise a la masse surveys to be used to create a 3D representation of conductive units at the Max Zone. These results will be combined with airborne conductivity results, surficial outcrop and structural mapping, and data from historic diamond drilling logs to produce a detailed interpretation of the underlying geology at the Max Zone.

122 Rock Samples Received by Assay Lab

The first set of 59 rock samples, consisting of 42 channel samples and 17 selected grab samples, was received by MS Analytical of Langley, BC on June 21^st. A second shipment of 63 rock samples, consisting of 47 channel samples and 16 select grab samples, was received by the laboratory on July 4^th. Additionally, four samples containing high concentrations of fine-grained, antimony-silver sulphosalts were submitted to Vancouver Petrographics for polished thin section production and mineralogical analysis.

Structural Geologist under contract

Jaxon has contracted a senior structural geologist to assist in generating the geological model at the Max Zone through detailed structural interpretation. The consultant will be arriving at site on July 9^th.

Technical information in this news release has been reviewed and approved by Derrick Strickland, P. Geo, a qualified person as defined in National Instrument 43-101.

About Jaxon

Jaxon is a base and precious metals exploration company with a regional focus on Western Canada. The company is currently focused on advancing its Hazelton Project in north-central British Columbia and the Wishbone/Foremore Project in BC's Golden Triangle.

ON BEHALF OF THE BOARD OF DIRECTORS
JAXON MINERALS INC.

'Jason Cubitt' ______
Jason Cubitt, President.