Jaxon Mining Inc (CSE:JAX) has a new chief operating officer (COO) - Dr Yingting (Tony) Guo.
He is a leading exploration geologist and will be responsible for all aspects of the design, budgeting and procurement for, as well as the execution of, all geological and geotechnical at Red Springs and across all of its projects.
Dr Guo already serves Jaxon as an independent director and will remain on the board as an executive director. In his role as COO, Dr Guo will report to the chairman and chief executive.
Jaxon is developing a targeted 1,500m diamond drill programme aimed at confirming its discovery of a major gold-rich, porphyritic tourmaline breccia zone (the Backbone prospect) at the Red Springs area of the Hazelton project in British Columbia.
Drill programme
The drilling programme is scheduled to be conducted before the end of the fall this year, market and weather conditions allowing.
John King Burns, chairman of Jaxon, said: "The company is fortunate and privileged to have Dr Guo as COO.
"His prodigious knowledge of geology, the geological disciplines and the processes of exploration make it more likely the company will succeed with its drilling and other programs.
"Dr Guo's presence gives the company's stakeholders an exciting opportunity to participate and benefit from what may shortly be recognized as the discovery of a major, high grade, copper/gold system, in one of the world's most metallogenic areas."