| Announcement Date: | 2022-11-15 |
|---|---|
| Announcement Type: | Exploration Update |
| Announcement Code: | NI43-101 |
| Company name: | PJX Resources Inc. |
| Project name: | Dewdney Trail |
| Location: | Canada |
| Commodities: | Gold,Silver,Copper |
| Highlight: | Grab sampling assay results [email protected] g/t gold, 1.108 % copper, or 721 g/t silver |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | oronto, Ontario – November 15, 2022 – PJX Resources Inc. (“PJX” or “the Company”) is pleased to announce that gold, copper, and silver mineralization with values up to 15.59 g/t gold, 1.108 % copper, or 721 g/t silver occur in rock grab samples of variably altered and veined syenitic/alkalic intrusives. This initial set of analyses to be received from prospecting and mapping this summer are from the Estella Basin area of the Dewdney Trail Property. Additional analyses are pending. Dewdney Trail is one of a number of PJX’s large mineral properties in the Sullivan Mining District and Vulcan Gold Belt of southeastern British Columbia, Canada. Prospecting and mapping collected 22 rock grab samples of quartz veins in locally altered and pyrite bearing syenitic/alkalic intrusives in the Estella Basin. Gold mineralization greater than 100 ppb occurs in 19 of the samples with the highest value being 15,598 ppb (15.59 g/t). Copper mineralization greater than 1,000 ppm occurs in 7 of the samples with the highest value being 1.108 %. Lead, zinc, and silver mineralization are also present in samples with the highest analyses being >100,000 ppm (>10%) lead, 5,060 ppm (0.5%) zinc, and 721 ppm (721g/t) silver. Table below displays analyses greater than 100 ppb gold. Sample locations are shown on the Estella Basin geology map (Fig. 1). |
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