Jaxon Mining Inc. announced the results of the petrographic and mineral studies of the Netalzul Mountain Project conducted by John G. Payne, Ph.D., P.Geo. of Surrey, British Columbia, Canada, and Minghua Ren, Ph.D., from the University of Nevada, Las Vegas, Nevada, USA. The studies confirm Jaxon's discovery of intermediate sulfidation (IS) type epithermal Ag-Cu-Au polymetallic deposits at Netalzul Mountain are analogous to both the Blackwater type and Brucejack type deposits. All are set in the same Stikinia Terrane in northwestern B.C., Canada. During the 2020 field season, Jaxon's geologists discovered three structurally controlled zones with high-grade polymetallic sulfide mineralization at the Netalzul Mt. Project, previously announced October 7, 2020. Seven rock samples from these three mineralization zones were studied using a conventional microscope. As part of the study of the minerals and their chemical compositions, all thin sections were analyzed using Electron Probe Micro Analyzer (EPMA) and Scanning Electron Microscope (SEM). Backscattered Electron (BSE) images and quantitative analyses of EPMA and qualitative SEM/EDS data were collected. Sphalerite, tetrahedrite and calcite from samples A0020737 and A0020740, hematite and unrecognized copper minerals (under microscope) from A0027521 were the focus. The study confirms the existence of Fe-poor sphalerite, Ag-rich tetrahedrite/tennantite, Mn-rich calcite at Daisy North Contact Zone and Daisy South Adit Zone. The thin sections of all the samples were prepared by Vancouver GeoTech Labs of Unit #155 - 11951 Mitchell Road Richmond, B.C., Canada and Van Petro Inc., 8080 Glover Road, Langley, B.C. The thin sections were described by Professional Geoscientist (Ph.D.), John Payne of Surrey, B.C., Canada. Rock samples were collected in the field by experienced, professional prospectors and geological staff who selected hand samples from outcrop, chip samples, boulder and talus debris samples suitable for slabbing by rock saw. The samples were numbered, described and located in the field for follow-up. Numbered rock sample tags were placed inside each bag and securely closed for transport to the company's secure cold storage locked facility in Smithers, B.C. Representative sample slabs were cut from large specimens and halved rock samples so that portions of select samples could be saved for the company's rock library, descriptive purposes and petrographic study. MS Analytical of Langley, B.C. received the Rice Bag shipments after secure transport from Smithers. Samples were prepared by crushing, grinding and pulverizing to a pulp with barren material washing between each sample at the crush and pulverizing stages. Then 20 g of pulp was used for the (IMS-117 code) ultra-trace level ICP/MS AR digestion method, and four acid 0.2 g ore grade ICP ­ AES method (ICP-240) and for the over limit gold the FAS-415 method of 30 g fusion Gravimetric method was used to report gold ASSAYS. Over limit silver is determined by Fire ASSAY 415 method. Laboratory standards and QA ­ QC is monitored by the company.