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 [...]
Magnetic geophysics, Magnetotelluric geophysics and Gravity geophysics all support the potential that a large target at depth could be a massive sulphide body similar in area to the Sullivan Zinc-Lead massive sulphide deposit located 35 km north of PJX Resources' 100% owned Vine Property near Cranbrook, British Columbia, Canada. Highlights Recent Three-Dimensional Modeling of Magnetic data has identified a magnetic [...]
PJX Resources Inc. is pleased to announce it has completed a non-brokered private placement . The Offering was closed with the aggregate issuance of 7,322,131 million Shares for total proceeds of $1,366,155. The Company issued: 3,319,631 flow-through units , at a price of $0.19 per Flow-Through Unit for gross proceeds of $630,730. 2,750,000 Flow-Through Shares also at a price of $0.19 per Flow-Through Share, for gross [...]
Magnetotelluric geophysics has identified a large anomaly at depth that could be a massive sulphide body similar in area to the Sullivan Zinc-Lead massive sulphide deposit located 35 km north of PJX Resources' 100% owned Vine Property near Cranbrook, British Columbia, Canada. Highlights Three-Dimensional Modeling has identified an MT anomaly that can be traced for 800 metres horizontally along strike. The sub-vertical MT [...]
PJX Resources Inc. is pleased to announce that its recent geophysics program has identified a large target area that may host the extension at depth of the high-grade David Gold Zone on PJX's Gold Shear Property located 29 kilometres southwest of Cranbrook, British Columbia, Canada. The David Gold Zone is hosted in a shear zone that strikes north toward PJX's adjacent Eddy Property. High-grade gold characteristic of the [...]
Toronto, Ontario - Prospecting has discovered an extensive horizon of sediment hosted copper mineralization on PJX Resources’ 100% owned new Parker Copper Property near Cranbrook, British Columbia, Canada. The style of copper mineralization and geological environment support the potential for sediment-hosted copper type deposits similar to the Montanore, Spar Lake and Rock Creek copper-silver deposits located across the [...]