PJX Resources Inc.

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 [...]

PJX Resources Inc. is pleased to announce the closing of its' previously announced non-brokered private placement for total proceeds of $1,230,800. The Company is pleased to announce the Offering was oversubscribed and the previously announced 25% overallotment option was undertaken. Use of Proceeds The Company intends to use the net proceeds of the Offering for expenditures on its properties located in Cranbrook, British [...]

PJX Resources Inc. is pleased to announce a non-brokered private placement of up to eight million units through the issuance of Flow Through and Non-flow Through Units at a price of $0.15 per Flow Through Unit and $0.125 per Unit. Each Flow-through Unit will consist of one common share to be issued as a "flow-through share" within the meaning of the Income Tax Act and one common share purchase warrant. Each Unit will [...]

PJX Resources Inc. is pleased to announce that mapping and prospecting have identified 4 separate parallel shear zones with gold mineralization on the Gold Shear Property in southeastern British Columbia. Multiple grab samples of quartz veins from 2 of the shear zones returned gold values up to 250 g/t. These shears are on strike with PJX's high grade David Gold Zone and occur over 300 m to the south. PJX plans to drill [...]

PJX Resources is pleased to announce that DLP Resources Inc., the wholly owned subsidiary of MG Capital Corporation, has completed drilling the extension of the original PAN-18-01 hole on the DD property, which was recently optioned from PJX Resources Inc.. PAN-18-01-EX commenced at a depth of 1425.00m in a gabbro sill above the base of the Middle Aldridge Formation and ended at 1711.00m in the Lower Aldridge Formation [...]