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 [...]
PJX Resources Inc. is pleased to announce that it has signed a definitive Option Agreement with DLP Resources Inc. , a wholly owned subsidiary of MG Capital Corporation, in respect of DLP's option to acquire an interest in PJX's Sullivan-type Lead Zinc Silver DD Property . The DD Property has potential to host a high-grade Sullivan style deposit that is located near Cranbrook, British Columbia, Canada. The Sullivan [...]
PJX Resources Inc. and DLP Resources Inc. , the wholly owned subsidiary of MG Capital Corporation, are pleased to announce the signing of a Letter of Intent to finalize a definitive Option Agreement in relation to PJX's Sullivan-type Lead Zinc Silver DD Property by July 2, 2020. The DD Property has potential to host a high-grade Sullivan style deposit that is located near Cranbrook, British Columbia, Canada. The Sullivan [...]
PJX Resources Inc. is pleased to announce that PJX's assessment supports Teck Resources Ltd.'s report on PJX's DD property that a drill hole to test the target horizon called the LMC was not drilled deep enough. The LMC is the geological horizon where the Sullivan Deposit occurs approximately 45 kilometres north of PJX's 100% owned DD Property near Cranbrook, British Columbia, Canada. "The drill hole stopped in a gabbro [...]
PJX Resources Inc. is pleased to announce it has completed consolidation of the High-Grade David Gold Zone with acquisition of the last remaining heritage claim, subject to regulatory approval. The David Gold Zone occurs on PJX's Gold Shear Property that is 30 km by road from Cranbrook, British Columbia, Canada. "PJX has strategically consolidated 100% of the mineral title to over 50,000 hectares of land covering the [...]
PJX Resources Inc. is pleased to announce that PJX drill results compiled with historical drill data has identified large target areas on strike and at depth of high-grade gold mineralization on the Gold Shear Property. The Gold Shear Property is road accessible and part of PJX's large mineral title holdings in the Placer Gold and Sullivan Mining Camps near Cranbrook, British Columbia, Canada. Over 1.5 million ounces of [...]
"PJX Resources' had a successful year of exploration during 2019," states Mr. John Keating, President and CEO of PJX Resources . "Drilling intersected high-grade gold mineralization on the Gold Shear Property and a New Massive Sulphide horizon on the Vine Property. We look forward to building on this success and further test these new gold and base metal zones as well as targets on other properties in 2020." Initial [...]
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