PJX Resources Inc.

Toronto, Ontario (FSCwire) - VLF (Very Low Frequency) geophysics has identified a potential flat lying to somewhat slope parallel fold or shear structure that appears to correlate with high values of gold in soils on the West Grid of the PJX Resource’s (“PJX”) Zinger Property. (See stacked VLF and gold soil profiles at http://pjxresources.com/stacked-vlf-and-gold-soil-profiles.pdf) Highly anomalous gold values in soil [...]

Toronto, Ontario (FSCwire) - For the first time on the Zinger property, mapping by Dr. Trygve Hoy (PEng) and Michael Seabrook (PGeo) and VLF (Very Low Frequency) geophysics show a possible correlation between approximately flat to slope parallel fold and shear structures at surface with  high values of gold in soils. “Gold mineralization with values up to 32 grams per tonne can be traced in bedrock grab samples over a 6 [...]

PJX Resource is pleased to announce that drilling on the Vine Property is on-going and results continue to support the potential for a massive sulphide deposit.  Exploration for gold has also commenced with a primary focus to follow-up on the 898 and 256 grains of gold discovered in 2 soil samples on the Zinger Property and the gold found in creeks on the Dewdney Trail Property.   Field crews will also explore the Eddy [...]

Toronto, Ontario (FSCwire) - PJX Resources Inc. (“PJX” or “the Company”) is pleased to announce that drilling and geophysics on the Vine Property supports the potential to discover multiple deposits in a sedimentary basin that the Company believes could be similar in size or possibly larger than the basin hosting the Sullivan deposit, located 35 kilometres north of the property. Hole VA17-28 was drilled to test a VTEM [...]

Toronto, Ontario (FSCwire) - PJX Resources Inc. (“PJX” or “the Company”) is pleased to announce the results from CF Minerals Laboratory on the Zinger gold grains.  As announced by the Company on January 17, 2017, heavy mineral separation recovered 898 grains and 256 grains of gold from 2 soil samples taken on the Zinger Property.  The gold grains were extracted from the soil samples by heavy mineral separation performed [...]

PJX Resources is pleased to announce that drilling on the Vine Property’s large east gravity anomaly has outlined a zone of anomalous zinc mineralization that is at least 550 meters long and has a true thickness of 100.0 meters.  “In my 50 years of experience exploring for a Sullivan deposit I have never seen this style and broad extent of anomalous zinc mineralization”, states Dave Pighin, PGeo for the Vine Project [...]

Toronto, Ontario (FSCwire) - PJX Resources Inc. (“PJX” or the “Company”) is pleased to announce that the company has signed an agreement to retain the investor relations services of John Walter Communications Inc. (“JWCI”) for an initial period of six months.  JWCI will assist the Company with its investor relations and market awareness programs by reaching out to its network of investors, brokers, analysts, media [...]

PJX Resources is pleased to announce the discovery a significant quantity of gold in soil on its Zinger Property in Cranbrook, British Columbia.  Heavy mineral separation of 2 approximately 4 kg size samples of soil recovered 898 grains and 256 grains of gold, respectively. Hand trenching was completed up-slope of a soil sample that contained 4941 ppb (4.941 g/t) gold (see news release dated September 20, 2016). The [...]

PJX Resources is pleased to announce it has closed a non-brokered private placement initially announced by the Company on October 26, 2016 and increased on October 28, 2016.  The Offering was closed in two tranches with the aggregate issuance of 15,045,666 million units for total proceeds of $2,402,190. “The positive market response and demand for our financing has provided additional funds to explore the deposit [...]

PJX Resources is pleased to announce an update to the previously announced non-brokered private placement of Flow Through and Non-flow Through Units at a price of $0.17 per Flow Through Unit and $0.15 per Unit for gross proceeds of up to $1,950,000. The Private Placement has been fully subscribed and the Company will make provision for an over-allotment option to allow the Company to increase the size of the Private [...]