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 [...]
Toronto, Ontario - PJX Resources Inc. is pleased to announce that drilling on the Vine Property’s East Gravity anomaly has defined an extensive target horizon with potential to host a massive sulphide body containing zinc, lead and/or copper. “Recent drilling has intersected massive iron sulphide veins within a thick and extensive alteration zone that may be a feeder system to a potential massive sulphide body at the East [...]
Toronto, Ontario - PJX Resources Inc. is pleased to announce that Teck Resources Ltd. has received the necessary permits to drill PJX’s DD Property. Drilling is planned to commence later this month, subject to potential backcountry restrictions in light of current forest fire hazards in British Columbia, and be carried out into the Fall. “Historical drilling adjacent to the DD Property defined geological and geochemical [...]
Toronto, Ontario - PJX Resources Inc. announces, with deepest regret, the sudden death of one of the Company’s Directors, Mr. Somerset Parker. Somerset was well known for his profound knowledge of the industry, quiet charm and sense of humour. He was a friend to all and developed an extensive network of personal contacts, on a worldwide basis. Somerset was a multi-lingual international Sales Executive with a proven track [...]
Toronto, Ontario - PJX Resources Inc. is pleased to announce it has completed a non-brokered private placement initially announced by the Company on May 1, 2018 . The Offering was closed with the aggregate issuance of 15,296,276 million units for total proceeds of $2,600,367. The Company issued a total of 9,544,217 flow-through units for gross proceeds of $1,622,517 and 5,752,059 Units for gross proceeds of $977,850 [...]
Toronto, Ontario - PJX Resources Inc. is pleased to announce a non-brokered private placement through the issuance of Flow-through and Units at a price of $0.17 per Flow-through Unit and $0.17 per Unit for gross proceeds of $2,700,000 . 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 [...]
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