2717 meters of Drilling Completed at Nox Fort Project, Salmo, B.C.

VANCOUVER, Nov. 19 /CNW/ - Jaxon Minerals Inc. reports surface exploration work and a 10 hole diamond drill program at its Reduced Intrusion Related Gold Deposit (RIRGD) style Nox Fort Property near Salmo, B.C. is now complete.

Drilling at the Nox Fort project Bunker Hill/Lefevre targets produced over 1350 core samples which are in various stages of logging, cutting or preparation for transportation to ACME Laboratories Vancouver for sample preparation and geochemical analyses.

In addition to diamond drilling, surface exploration in 2009 included prospecting and mapping, regional stream sediment and rock sampling, and Soil Gas Hydrocarbon (SGH) and magnetometer geophysical surveys. Preliminary analytical results from the 2009 program are encouraging. WestCore Drilling Ltd. of Salmo, B.C. drilled 10 diamond drill holes totaling 2717 meters which tested RIRGD priority targets generated from both the 2008 and 2009 field exploration programs.

At the Clease prospect, rock chip and resampling of potential RIRGD mineralization confirmed gold grades ranging to 7.2 g/t. Above the mineral occurrence Bluestar adit (12 meters) and along strike, outcrop chip samples returned up to 10.6 g/t gold over 1.2 meters and a single pyrite-rich grab sample contained 91.6 g/t gold. Grab samples from dump material at Bluestar range to 8.0 g/t gold where veins and structures may be related to the regional Waneta thrust fault. Important new results from the 2009 Soil Gas Hydrocarbon (SGH) survey of the Bluestar area may have identified geochemical gold targets not directly coincident with the Bluestar known structures and mineralization.

The 2009 Nox Fort Project surface program also included a significant expansion of the Soil Gas Hydrocarbon (SGH) survey grid in the Bunker Hill /Lefevre RIRGD target area. Activation Laboratories Ltd., Ancaster, Ont., evaluation of 2008 and new 2009 SGH results identified priority geochemical gold target areas that include both east and west contacts of the RIRGD Bunker Hill intrusion. This season, Minconsult Exploration Services Ltd. collected 320 soil samples, 228 regional rock samples, 91 stream sediments and conducted ground magnetometer surveying and geological mapping and prospecting.

Bruce Ballantyne, Project Manager, stated "This season, Jaxon was successful in following up on the regional gold anomalies generated in 2008 but more importantly we were able to drill into the target contact zones and Bunker Hill intrusion to test some areas of RIRGD potential on the property."

All field work was conducted from Salmo, B.C. by geologists and geotechnical staff of Minconsult Exploration Services and the drill program was supervised by J. David Williams, P.Eng., Senior Project Geologist.

All soil samples were shipped by secure transport to Activation Laboratories Ltd., Ancaster, Ont. where they were prepared and analyzed using their Soil Gas Hydrocarbon methodology. They interpreted the geochromatography results and provided Jaxon with a SGH evaluation report for gold targets at the Nox Fort project.

All stream sediment and regional or detailed rock sampling material was shipped by secure transport to Acme Analytical Laboratories (Vancouver) Ltd. where they were prepared and analyzed by a 58-element wet geochemical ultra trace ICP-MS procedure (1F 30g). Analytical and replicate samples were inserted into the sample stream by the laboratory.

Stuart Fraser, P.Geol., a qualified person as defined by NI 43-101 took part in the regional rock sampling and has reviewed the technical information contained in this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

JAXON MINERALS INC.

"Leif Smither"

This news release may contain forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release may include, but is not limited to, the Company's objectives, goals or future plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

%SEDAR: 00024980E

SOURCE Jaxon Minerals Inc.

For further information: For further information: regarding Jaxon Minerals Inc., please contact Leif Smither/Michael Dake at (604) 608-0400, Toll Free: 1-877-608-0007 or visit our website at www.Jaxonminerals.com

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