PJX Resources Inc.

PJX Resources Inc. is pleased to announce an extension for completion of its non-brokered private placement , previously announced in its news release of October 15, 2019. The Offering is expected to close in two tranches with the second and final tranche expected to close on or before December 20, 2019. Closing of the Offering is subject to certain conditions customary for financings of this kind, including, but not [...]

PJX Resources Inc. is pleased to announce that the New Massive Sulphide mineralization recently intersected by drilling may be part of a laterally extensive horizon. Magnetotelluric geophysics supports that the conductive NMS zone may extend for kilometres to the northwest. The Sullivan massive sulphide deposit also occurred in a laterally extensive horizon. The Vine Property is located 35 kilometres south of the Sullivan [...]

PJX Resources Inc. is pleased to announce that the 5.5 metre zone with massive sulphide mineralization intersected by recent drilling appears to occur at the same horizon as a 3.4 metre massive sulphide zone grading 5.6% lead, 2.7% zinc and 1.2 ounces/ton silver in an historical hole drilled 700 metres to the south. No other holes have been drilled to test this horizon between these two holes or on strike and down dip to [...]

PJX Resources Inc. is pleased to announce that the 5.5 metre zone with massive sulphide mineralization intersected by recent drilling occurs above a large granofels altered zone on PJX's Vine Property. This geological setting is similar to what occurs at the Sullivan Deposit located 35 kilometres north of the Vine Property near Cranbrook, British Columbia, Canada. "Granofels alteration occurs beneath and adjacent to the [...]

PJX Resources Inc. is pleased to announce that recent drilling intersected a zone with multiple layers of massive sulphide mineralization on the Vine Property in the historical Sullivan Mine District near Cranbrook, British Columbia Canada. “Hole VA19-48 intersected 4 layers of massive sulphide mineralization in a zone from 777.1 to 782.6 metres,” states Dave Pighin. “The massive sulphide layers are 0.4m, 1.4m, 0.6m and [...]

PJX Resources Inc. is pleased to announce that 3-D Modelling of historical drilling in Leapfrog suggests that the High Grade David Gold Zone has an apparent plunge or rake to the north . This potential north plunge to the mineralization has not been fully tested by historical drilling. PJX plans to commence drilling on the David Gold Zone in August after drilling is completed on the current Vine Property drilling program [...]

PJX Resources Inc. is pleased to announce that interpretation of down-hole Electromagnetic survey data combined with Magnetotelluric geophysics suggests that the source of a large MT anomaly may offset approximately 100 metres from the recently completed hole drilled to test the anomaly. The drill hole intersected a fault-controlled block of rock at target depth that appears to have displaced the source of the MT anomaly [...]

PJX Resources Inc. is pleased to announce that the first hole to test the large Magnetotelluric geophysical target at depth has intersected localized tourmaline alteration for the first time on the Vine Property. This style of alteration can be found in proximity to the Sullivan deposit that is located approximately 35 km north of the Vine Property near Cranbrook, British Columbia, Canada. Drilling to test the shallow [...]

PJX Resources Inc. is pleased to announce that preliminary drilling to test a shallow Magnetotelluric target has intersected massive sulphide mineralization consisting of pyrrhotite/pyrite with minor sphalerite , galena , and chalcopyrite . The massive sulphide mineralization is conductive and occurs as a 0.8 m thick vein in sediments near the top of the shallow MT target. As previously announced, MT geophysics have [...]

TORONTO, ON / ACCESSWIRE / February 25, 2019 / PJX Resources is pleased to announce the appointment of Dr. Trygve Hoy to the Board of Directors. Dr. Hoy is well respected for his 45 years of experience and knowledge as a research economic and exploration geologist. Dr. Hoy is a Professional Engineer and a member of the Society of Economic Geologists. He received his BSc from the University of British Columbia, his MSc [...]