[PPT] - TSX.V: JAX November 16, 2017 2 Rocks exposed along the Skeena Arch PowerPoint Presentation

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1 hidden value in mineral exploration Finding the

TSX.V: JAX

November 16, 2017

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2 “Rocks exposed along the Skeena Arch … represent some

f the most richly-endowed

terrain in British Columbia and has been the [focus] of mineral exploration for the past 125 years.”

– D. MacIntyre, BC Geological Survey, 2006

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Jaxon | Properties

Jaxon Mining can earn 100% interest in two highly prospective properties in Northern British Columbia

Hazelton Project

– 44,482 hectares in the Skeena Arch – VMS / Epithermal/hydrothermal breccias – Silver-gold-lead-zinc

More Creek Project

– 24,559 hectares in the Golden Triangle – Epithermal / Mesothermal / VMS – Gold-silver-copper

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Equity Silver Mine

– Closed in 1994, the Equity Silver Mine was BC’s largest producing silver mine. 13 years of open-pit and underground mining yielded 71.4 million oz silver, 508,000 oz gold, and 84,086 kg copper

Barrick’s Eskay Creek Mine

– During its lifetime from 1995 to 2008, the Eskay Creek Mine produced over 16.1 million oz silver and 3.2 million oz gold

Exploration Target Models

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Hazelton Project

100% owned/optioned
Exceptionally High Grade

– high-grade silver-gold-zinc at surface

District opportunity

– recently expanded to 44,482 ha

Excellent infrastructure

– town centre 15 km away

Extensive work completed

– Spring-summer 2017 3-month, 15-man exploration program – work by previous owners was acquired and interpreted by Jaxon in 2017

Long season

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Drilling Program

– 2,000-metre, 13-hole, drilling program has been initiated (October 31, 2017) based on targets generated from synthesis of geophysical and lithogeochemical data at Max Zone – Highly experienced exploration team

Channel Sampling

– All lab results received + additional results pending

VTEM interpretation

– 460 line-km flown – Numerous high-priority targets generated

Geophysics

– 3D and 2D IP Surveys – mise-a-la-masse Survey (electrification of sulphide beds)

2017 Exploration Program

– Multiple prospective new discovery zones in the Hazelton Project district – Surface sampling completed, small number of new assays pending

Hazelton Project | 2017 Exploration Program

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Hazelton Project | 742 South

High-grade grab sample from 742 South zone (742 metres elev)

Sample graded 4.73 g/t gold, 1,942 g/t silver, 19% lead and 5.7% zinc

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2017 Exploration Program

– 213 cut channel samples completed over an area

f 1.5 square km
Confirmed high grade

silver-zinc-lead

Up to 6,958 g/t Ag over 0.5m

– 222 rock grab samples

Up to:

8,952 g/t Ag | 18.43 g/t Au 34.18 % Zn | 39.46 % Pb

Goal:

– Establish the presence of continuous massive sulphide mineralized body

Max | Knoll Zones

all samples are grab samples

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Hazelton Project | Max Zone

8,952 g/t Ag 12.7 g/t Au | 34.2 % Zn |

Max Zone up to

all samples are grab samples

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Hazelton Project | Drilling at Max, Nov 2017

Phase 1 program, 2000 m

Testing coincident geophysical and

high-grade silver-zinc-lead exposure anomalies

Geophysical targets from surface to

150 m deep

First samples expected into lab mid-

November Yellow traces are planned holes

(Note: not all low resistivity zones plotted)

New!

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Zone Sample AgEq (g/t) Ag (g/t) Au (g/t) Zn (%) Pb (%) MAX A0000976 9,658 8,952 2.64 3.57 7.89 MAX 1050812 4,811 3,398 2.26 11.87 15.11 MAX GRM20 3,959 2,015 3.89 18.80 16.04 MAX 140605 3,583 1,596

7.61

39.26 MAX A0000986 2,825 1,018

18.70

>20.0 WEST A0003758 2,439 1,886 1.31 1.35 9.52 MAX 140632 2,160 77.9 0.30 34.18 5.62 MAX 1050818 2,006 1,231 0.39 9.55 5.80 MAX 123988 1,952 1,151 0.72 6.50 9.90 MAX A0000557 1,699 1,221 1.80 4.34 5.05 MAX 123577 1,626 55.9 0.12 28.20 1.20 MAX 123578 1,567 100.0 0.08 26.40 1.10 MAX A0000964 1,498 66.0 0.46 24.02 2.71

Hazelton Project | Surface Grab Samples

Ag Eq. (silver equivalent) has been used to express the combined value of silver, gold, zinc and lead as a silver equivalent, and is provided for illustrative purposes only. No allowances have been made for recovery losses that may occur should mining eventually result. Calculations use Sept 6, 2017 metal prices of US $1.405/lb Zn, $1.053/lb Pb, $1,340.50/oz Au, and $17.96/oz Ag

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Hazelton Project | Max – 2017 Channel Samples

Channel Channel Width (m) AgEq (g/t) Ag (g/t) Au (g/t) Zn (%) Pb (%) 730-3959 0.5 7,457 6,958 1.83 1.28 7.31 742S-807 2.0 1,526 946 1.28 5.37 4.87 720-886 3.0 1,513 282 0.89 6.24 20.63 705-933 2.0 1,682 295 0.81 22.02 3.61 742S-801 2.0 813 406 0.60 5.44 1.75 685-843 2.0 1,108 491 0.93 6.55 4.87 685-901 2.0 758 472 0.72 2.52 2.42 680-906 2.0 498 408 0.62 0.26 0.74 705-926 2.0 733 166 0.39 9.11 1.23 730-3626 1.0 897 157 0.41 7.43 7.73 730-3961 0.5 1,985 365 0.75 6.78 29.86

All channels were sampled at 1-metre intervals (except for 730-3959 and 3961, sampled at 0.5 m intervals). Channel samples may not represent the true width of the mineralization. Some samples may represent repeated geological sequences. Ag Eq. (silver equivalent) has been used to express the combined value of silver, gold, zinc and lead as a silver equivalent, and is provided for illustrative purposes only. No allowances have been made for recovery losses that may occur should mining eventually result. Calculations use Sept 6, 2017 metal prices of US $1.405/lb Zn, $1.053/lb Pb, $1,340.50/oz Au, and $17.96/oz Ag

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Characteristic Eskay Creek Hazelton

Rhyolitic volcanic sequences present Carbonaceous argillite Shallow marine setting Sulphide lenses Discordant vein, hydrothermal breccias and disseminated sulphides present Exceptional grades Similar pathfinder elements and indicators

Hazelton Project vs Eskay Creek

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Hazelton Project | VTEM Residual Magnetic Field

A0000976 8952 g/t Ag | 3.57 % Zn 2.64 g/t Au | 7.89 % Pb A0000986 1018 g/t Ag | 18.7 % Zn

g/t Au | >20.0 % Pb

all samples are grab samples

2 km long by 200 m thick high conductivity zone with anomalous magnetic signature

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Hazelton Project | CRT-RS Discoveries

Regional Exploration Results

17 km south of the Max Zone
Significant breccia zone over 800 m
Two related areas 2 km apart, both

hosting tourmaline breccias

Gold results include: 18.4 g/t,

18.3 g/t, 17.5 g/t, 17.5 g/t, 11.3 g/t and 10.8 g/t

18 of 31 grab samples assayed

greater than 1 g/t gold at CRT Zone

CRT Zone 600m by 600m
Strong Tellurium-Arsenic associations,

including 25.02 ppm (g/t) Te Yellow traces are planned holes

(Note: not all low resistivity zones plotted)

New!

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Hazelton Project | CRT-RS Discoveries

Regional Exploration Results, continued

One RS (Red Spring) sample returned

284 g/t silver and 4.1% zinc

RS also had a number of anomalous

copper results

RS Zone 500m by 300m
Pyrite overprinting magnetite

alteration

Small argillized granitic bodies

intruded into area as well Yellow traces are planned holes

(Note: not all low resistivity zones plotted)

New!

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More Creek Project

More Creek in the Golden Triangle

Consolidation totalling 24,535 ha

High grade Gold, Silver, Copper, Zinc

Epithermal , Mesothermal and VMS styles
Significant historical database

Highly Active Region

Substantial discoveries in recent years
Major investor interest

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More Creek Project | Summary

Wishbone (3,900 ha)

6 gold-bearing veins within a zone 200m wide

extending over a strike length of 550m

Disseminated massive sulphides in quartz-

carbonate vein material – 6.7 kg/t Ag and 8.2 % Cu

Option to earn 100%

Foremore (15,530 ha)

162 g/t Au float boulder discovered by Cominco, 1987
Chip samples of 93.7 g/t Au and 81.7 g/t Au
Drill results with no follow-up or downhole geophysics
Option to earn 100%

Cross-cutting quartz-carbonate bonanza VG gold and multi-kilo silver in outcrop, possible telluride minerals

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More Creek Project | Summary

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More Creek Project | Summary

Two mineralization styles

– Epithermal/mesothermal quartz hosted veins – Rhyolite Volcanic-Hosted Massive Sulphides

Jaxon has consolidated 24,559 hectares

– 30 km from Galore Creek Cu-Au-Ag (NovaGold/Teck)

Outcrop returned 3,240 g/t Au and 82,514 g/t Ag
Channel sample averaged 7.8 g/t Au over 2.4 m width
along. This zone is traceable over 78 metres of strike.
Drill hole in 2004 - never followed up

– 3.1 metres averaging 14.6 g/t Au, 1,114 g/t Ag and 6.6% Zn

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Jaxon Mining | Institutional Support

Zijin Midas Exploration Fund (ZMEF), a subsidiary of Hong

Kong listed Zijin Mining Group is a strategic institutional investor in Jaxon Mining

Zijin is ranked as the largest gold producer in the world, by

revenue

– The fund’s mandate is to invest strategically, and on a global basis, in exploration stage projects demonstrating potential for a large discovery

Dr. Yingting (Tony) Guo appointed to Jaxon board, Wenhong

(Wilson) Jin appointed to Jaxon’s technical advisory board.

– Both are members of ZMEF Technical Committee

Jaxon Mining is the first investee by the fund

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Jaxon Mining | Flow-Thru Financing

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Yellow traces are planned holes

(Note: not all low resistivity zones plotted)

Zijin Midas Exploration Fund has followed its strategic

$1 million Jaxon investment in June 2017 with the lead order in a $1.8 million Flow-through financing at $0.32 per share announced by Jaxon on October 26th

Proceeds to contribute to funding Jaxon’s November 2017

Phase 1 drilling at the Max Target, Hazelton

First Tranche of $695,652 closed November 13, 2017
Second Tranche closing November 27

New!

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Jaxon Mining | Management

JASON CUBITT

President / CEO / Director

25 years of experience working with

resource companies in various capacities as founder, finance agent and institutional investor;

Former Director of Investments for

Vertus Investment Advisory and Ascenta Asset Management where he was responsible for precious metals and special situations mining and energy funds.

BRUCE BALLANTYNE

Project Manager

Distinguished career of 23 years with

the Geological Survey of Canada from 1974 to 1997, specializing in Applied Exploration Geochemistry in the Mineral Resources Division;

Played an integral part of exploration

and development

f

Starfield Resources Inc’s Ferguson Lake Cu-Ni- Co-PGM deposit in Nunavut, Canada;

B.Sc.

From University

f

Guelph, Ontario.

JOHN KING BURNS

Chairman / Lead Director

Former

Chairman and founder

f

Northern Orion, acquired by Yamana Gold for $1 billion;

Former Global Head and Managing

Director of the Derivative Trading and Structured Finance Group at Barclays Metals London. Provided

ver

$3 billion to the mining industry during his tenure;

Independent Director of China Gold

International Resource Corp ($800 million mkt cap) & Simba Essel Energy;

Former advisor to Western Potash in

the $32 million investment by a subsidiary of China National Overseas Oil Corporation (CNOOC).

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CARL SWENSSON

VP Exploration

Mineral

exploration geologist with more than 20 years in a leadership capacity;

Managed

exploration projects

ver

five continents including gold, base metals, lithium, uranium, diamonds, coal and graphite;

Chief

Exploration Geologist for Normandy Mining from 1989 to 2002 (from <$100m to $4.9 Billion market cap).

Jaxon Mining | Management

JAMES LAVIGNE

Director / Technical Advisor

25 years experience in all phases of

mineral exploration and development;

Vice President Exploration for Garson

Gold Corp;

Former VP Exploration for Goldbrook

Ventures Inc. and senior geologist with FNX Mining Company, and consulting geologist with Wardrop Engineering;

M.Sc. in Geology from University of

Ottawa.

Tony Guo

Director

Member of the Technical Committee
f the Zijin Midas Exploration Fund, a

subsidiary of Hong Kong listed Zijin Mining Group.

Over 30 years’ experience includes

mineral resource estimation, development, assessment, acquisition and project management.

B.Sc. in Geology, Nanjing University,

PhD in Geology and Exploration, China University of Mining and Technology.

QP Committee member of the Mining

and Metallurgical Society of America.

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OLEG SCHERBINA, CPA

Chief Financial Officer

17

years

f

financial management experience including the last 6 years in the mineral exploration and gold mining industry

Formerly

with Uranium One Inc., Eureka Mining, Bema Gold Corporation and Zoloto Resources Ltd.

Master’s Degree in Accounting and

Audit from Odessa State Economic University and a Bachelor’s Degree in Business Law from Odessa State University, Ukraine.

LAURENCE STEPHENSON

Director

Professional Geologist with over 40

years’ experience in mineral exploration and guiding new companies in the acquisition and utilization of capital.

Instrumental

in starting Glencairn Exploration Ltd., a listed company and its subsidiary, Wheaton River Minerals Ltd.

B.Sc.

from Carlton University, MBA from York University.

Jaxon Mining | Management

JAMES LAVIGNE

Director / Technical Advisor

25 years experience in all phases of

mineral exploration and development;

Vice President Exploration for Garson

Gold Corp;

Former VP Exploration for Goldbrook

Ventures Inc. and senior geologist with FNX Mining Company, and consulting geologist with Wardrop Engineering;

M.Sc. in Geology from University of

Ottawa.

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DENNIS MOORE

Mineral

exploration geologist and entrepreneur with

ver

35 years experience;

Identified the Tocantinzinho deposit,

later acquired by Eldorado for $122 million;

Co-founded

Magellan Minerals in

2005. Acquired by Anfield Nickel in

2016;

President and CEO of Fremont Gold

(TSX-V) and director of Cabral Gold.

Jaxon Mining | Advisory Board

ALISTAIR WADDELL

Geologist

with

ver

20 years experience, including senior roles with both junior and senior mining companies;

Founder and former President and

CEO

f

GoldQuest Mining Corp (TSX-V), focused

n

Dominican Republic;

Former VP Greenfields Exploration for

Kinross Gold Corp, responsible for global Greenfields exploration.

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Jaxon Mining | Advisory Board

WENHONG (WILSON) JIN

25

years

f

exploration and acquisitions experience in precious and non-ferrous metals in Asia, Africa and North America;

President

and CEO

f

C2 Mining International Corp. and sits on the technical advisory board

f

Zijin Midas Exploration Fund, a subsidiary

f Zijin Mining;
Former

President, VP Acquisition, and Chief Geologist

f

Huakan International Mining Inc.;

BSc

in Geology from the Guilin University of Technology in 1992.

NEIL MOLONEY

20

years

f

broad, significant international extractive industry experience;

Presently

Senior Consultant to Goldcorp Inc. in the development of their geological and operational deep data mining and automation efforts;

Former senior corporate management,

project management, engineering and

perations management;
MBA from Georgetown University -

McDonough School of Business.

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Cautionary Statement

Investors are cautioned that, except for statements of historical fact, certain information contained in this document includes “forward-looking information”, with respect to a performance expectation for Jaxon. Such forward-looking statements are based on current expectations, estimates and projections formulated using assumptions believed to be reasonable and involving a number of risks and uncertainties which could cause actual results to differ materially from those anticipated. Such factors include, without limitation, fluctuations in foreign exchange markets, the price of commodities in both the cash market and futures market, changes in legislation, taxation, controls and regulations of national and local governments and political and economic developments in Canada and other countries where Jaxon carries-out or may carry-out business in the future, the availability of future business opportunities and the ability to successfully integrate acquisitions or

perational difficulties related to technical activities of mining and reclamation, the speculative nature of

exploration and development of mineral deposits located, including risks in obtaining necessary licences and permits, reducing the quantity or grade of reserves, adverse changes in credit ratings, and the challenge of title. The Company does not undertake an obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. Some of the results reported are historical and may not have been verified by the Company. All technical information in this presentation have been reviewed and approved by Derrick Strickland, P . Geo., a Qualified Person as defined by National Instrument 43-101

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29 Shares Issued: 67,574,373 Warrants: 6,301,833 Options: 7,548,259 Fully Diluted: 80,880,715

TSX.V: JAX Jaxon Mining | Stock Info

Last (Nov 16, 2017) : 52 week high/low : $ 0.27 $ 0.41/0.03

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30 Warrants: 2,491,665 $0.304 $ 378,733 5,056,000 $0.28 $1,415,680 Options: 4,204,509 $0.10 $ 420,450 2,800,000 $0.315 $ 882,000 total proceeds $3,096,864

Jaxon Mining | Warrant/Option Info

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31 Recent Financings: Aug 9, 2017: 2,491,665 units $0.24, ½ wrt $0.304 July 18, 2017: 10,112,000 units $0.20, ½ wrt $0.28 Apr 24, 2017: 10,578,930 units $0.056, wrt $0.096

Jaxon Mining | Financings/Shareholders

Major shareholders: Closely held: 20 million Zijin Midas Fund: 5 million

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Note: 1.25 to 1 share split August 30, 2017 – numbers have been adjusted

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Contact Jaxon

info@jaxonmining.com Find us on Twitter and Facebook Suite 502 - 595 Howe Street Vancouver, British Columbia, Canada V6C 2T5 Mark Carruthers, Investor Relations +1 (604) 608 0400