PJX Resources Inc.

PJX Resources Inc. is pleased to announce the option of the historical Estella mine crown grants from Imperial Metals Corp. . The 14 Estella crown grants are encompassed by PJX's large Dewdney Trail Property . The property is road accessible and located approximately 30 km northeast of Cranbrook, British Columbia. John Keating, President of PJX commented: "PJX's Dewdney Trail Property and the Estella Property have [...]

Extensive thickness of Sullivan Horizon fragmentals intersected with 7.6m of Sullivan muds containing disseminated zinc PJX Resources Inc. is pleased to announce that drilling by DLP Resources on PJX's DD Property has intersected the most extensive thickness of the favourable geological horizon to host a Sullivan type deposit to date on the DD Property. John Keating, President of PJX commented: "The extensive package of [...]

PJX Resources Inc. is pleased to announce a possible source of massive sulphide mineralization intersected in 2 widely spaced holes VA19-48, drilled in 2019, and pre-PJX hole KV90-41 drilled in 1990 on the PJX's Vine Property. The 2 holes are about 700 metres apart. They both intersected massive sulphide mineralization that appears to be similar in style to mineralization that occurs proximal to the Sullivan [...]

PJX Resources Inc. is pleased to announce that recent drilling and surface mapping suggest high grade gold mineralization may occur where the gold bearing, west dipping David shear and vein system intersects North-South oriented pre-existing fold structures on the Gold Shear Property. This new understanding will be used to drill test the projected extension of the David Gold Zone down plunge and possible parallel gold [...]

PJX Resources Inc. is pleased to announce that drilling by DLP Resources on PJX's DD Property has intersected strongly hydrothermally altered and sheared Sullivan horizon siltstone/argillite at Sullivan Horizon target depth from 1452.46m to 1550m in hole DDH21-01 . Weak pyrrhotite , chalcopyrite and trace pyrite occur through the alteration zone. The hole ended at 1728m in weakly altered lower Aldridge sediments with [...]

PJX Resources Inc. is pleased to announce it has completed the previously announced investment agreement with Osisko Gold Royalties Ltd. pursuant to which Osisko has agreed to purchase 6,250,000 common shares of PJX at a subscription price equal to C$0.16 per share, for an aggregate purchase price of C$1,000,000, and acquire a 0.5% net smelter return royalty on the Company's Gold Shear, Eddy, Zinger and Dewdney Trail [...]

PJX Resources Inc. is pleased to announce that drilling of the Gerry Vent target on the DD Property has commenced by DLP Resources . Hole DD21-01 will be drilled to test the MT resistivity anomaly which coincides with the known mapped surface outcrop of albite, actinolite and tourmaline alteration within a breccia extending over an area of approximately 400m x 100m. Visible mineralization of sphalerite and galena occurs [...]

PJX Resources Inc. is pleased to announce that it has entered into an investment agreement with Osisko Gold Royalties Ltd. pursuant to which Osisko has agreed to purchase 6,250,000 common shares of PJX at a subscription price equal to C$0.16 per share, for an aggregate purchase price of C$1,000,000, and acquire a 0.5% net smelter return royalty on the Company's Gold Shear, Eddy, Zinger and Dewdney Trail properties for [...]

PJX Resources Inc. is pleased to announce the final results from an approximate 33 line-kilometer Titan magnetotelluric ground geophysical survey by Quantec Geoscience over PJX's DD Property and adjacent Moby Dick and NZOU properties. PJX and DLP Resources Inc. have jointly acquired the mineral rights to the NZOU and Moby Dick Properties. DLP contracted Quantec to do the MT survey as part of DLP's option agreement to earn [...]

This news release is issued by George Patton pursuant to the early warning requirements of Canada's National Instrument 62-104 and National Instrument 62-103 with respect to class A common shares of PJX Resources Inc. On October 5, 2020, pursuant to a non-brokered private placement, Mr. Patton acquired direct ownership of 800,000 units of PJX Resources Inc. at a price of $0.125 per unit, for a total price of $100,000 paid [...]