Netalzul Mt

Project Overview

Netalzul Mountain consists of 22 contiguous claims covering a total area of 136.42 km², with the property fully consolidated in 2020. Jaxon Mining is the first company to undertake systematic exploration and drilling at Netazul.

Daisy North Contact Zone: Fault/shear contact zone between granodiorite and hornfelsed latite. Grab samples contain Ag @ 5301 g/t, Zn @ 37.85%, Pb @ 29.18%, Cu @ 3.35 %, and Sb @ 2.32% (EqAg @ 7055 g/t). Highest Cu in soil anomaly up to >10,000 ppm. Multiple porphyry monzonite dyke outcrops with Cu grades 0.27% to 1.4%, Up to 7.4m thick monzonite porphyry dyke with CuEq at 0.71% at Hole Net21-04; and up to 7.01 g/t with 49 g/t Ag and 0.53% Cu from a one metre quartz vein zone chip outcrop sample (sample ID# A0027300).

Daisy Centre Zone: Multiple sulfide quartz veins and porphyry monzonite dykes within granodiorite– chip samples contain Ag @ 311 g/t, Au @ 2.71 g/t and Cu @ 0.29%. Up to 14.2m thick sulfide quartz vein zone with CuEq at 0.77% at Hole Net21-06.

Daisy South Adit Zone, 4 artisanal adits found: Chip samples contain Ag @ 1640 g/t, Au @ 5.9 g/t, Cu @ 3.45% and Pb @ 6% (EqAg @ 2296 g/t). Highest Ag in soil anomalies up to 100 g/t. Up to 7.2m thick sulfide quartz vein zone with CuEq at 0.93% at Hole Net21-01; up to 50m wide contact/breccia zone at Adits 3-4 area with Ag grade up to 2915 g/t.

Daisy East Zone: Sulfide quartz veins within altered Cu-Mo granodiorite. Grab samples contain Cu @ 2%, Ag @ 230 g/t and Mo @ 0.1% (EqAg @ 555 g/t).

Geophysical surveys have identified significant magnetic anomalies, highlighting extensive granodiorite and monzonite dyke swarms within hornfelsed sedimentary rocks of the Bowser Lake Group. These geological formations are underlain by Bulkley intrusive granodiorites.

The property is marked by closely spaced fractured and shear zones hosting high-grade quartz-sulfide veins, which trend northeast and dip southeast, offering compelling targets for ongoing exploration and drilling.

Air-Magnetic Survey Anomalies

A large and strong positive magnetic anomaly exceeding 10 km² is associated with the Late Cretaceous Bulkley granodiorite intrusion at Netalzul Mountain.

Within this highly magnetic granodiorite, multiple distinct linear magnetic low anomalies have been identified. These magnetic lows correspond closely with surface soil and rock samples enriched in silver, copper, molybdenum, gold, lead, and zinc.

The magnetic low zones also coincide with outcrops of non-magnetic monzonite dykes, which are interpreted to be part of a deeper porphyry system, offering important targets for ongoing exploration.

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