PJX Resources is pleased to announce that drilling has identified 3 Sedimentary Exhalative horizons with each horizon having the potential to host a Sedex type deposit at depth and on strike. The horizons are defined by increased sulphide mineralization in the form of stacked narrow massive to semi massive sulphide beds, bands, and/or disseminated sulphides. Iron rich minerals are dominant with lesser concentrations of [...]
PJX Resources Inc. is pleased to announce that iron rich minerals with copper and minor to trace zinc and lead discovered in a venting geological environment by recent drilling appears consistent with mineralisation typically found within a vent beneath Sedex type zinc-lead-silver mineralisation. This first phase of drilling commenced in August this year after PJX received a five year permit to explore and drill the large [...]
PJX Resources Inc. is pleased to announce that drilling at the Dewdney Trail Property has intersected multiple mineralized sedimentary horizons, a mineralized vent breccia/fragmental, and a chaotic fault scarp breccia with large blocks and fragments of sediments, some containing zinc mineralization. Geology and mineralization encountered during drilling and mapping supports a Sedimentary Exhalative environment with [...]
PJX Resources Inc. is pleased to announce that on-going drilling at the Dewdney Trail Property has encountered geology that supports the potential to discover a Sedimentary Exhalative type deposit. Of the 3 holes drilled to date the deepest into the mountain has intersected a 20m fragmental with abundant to semi-massive sulphide mineralisation at 275m. The mineralisation appears to be predominantly iron sulphide with [...]
PJX Resources Inc. is pleased to announce that the British Columbia Government has issued a 5 year permit to drill on PJX's Dewdney Trail Property located near Cranbrook, BC. This Summer and Fall, PJX plans to drill, for the first time, Sullivan style and grade zinc-lead-silver mineralisation discovered late last year on the Dewdney Trail Property. John Keating, President of PJX, commented, "This is the first time in 130 [...]
PJX Resources Inc. is pleased to announce Charles Fipke, Margot Naudie, and Brian Abraham have joined PJX as advisors to the Company. Charles "Chuck" Fipke is a renowned geologist and prospector who has been at the forefront of heavy mineral exploration projects for over 40 years. He and his team are credited with the discovery of North America's first commercial diamond pipes, what is now the Ekati Diamond Mine in the [...]
PJX Resources Inc. is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement. A total of 2,500,000 units of the company were issued at a price of $0.20 per unit for aggregate gross proceeds in the second tranche of $500,000. Combined with the first tranche closing previously announced in a press release of the Company dated April 15, 2024, a total of 13,611,111 [...]
PJX Resources Inc. is pleased to announce a non-brokered private placement of up to 13,486,111 units of the Company for gross proceeds of $3.6 million. The Company will issue units on a "flow through" basis , non-flow through basis , and a non-flow through basis at a discounted price . The subscription prices for each of the foregoing are $0.36 per Flow Through Unit for gross proceeds of $1.6 million through the sale of [...]
PJX Resources Inc. is pleased to announce recently received results of significant zinc and lead mineralization in outcrop that further supports the potential to discover a Sullivan type deposit on the Company's Dewdney Trail Property in the Sullivan Mining District in southeastern British Columbia, Canada. Two rock samples taken from outcrop, G23-699B and G23-699C below, returned values of 5.57% zinc, 0.94% lead, 4.41g/t [...]
PJX Resources Inc. is pleased to announce the closing of the previously announced non-brokered private placement of 5,100,000 Flow Through Units . The Offering was oversubscribed and closed with the issuance of 5,250,000 Flow Through Units at a price of $0.105 per Flow Through Unit for total proceeds of $551,250. Each Flow-through Unit consists of one common share to be issued as a "flow-through share" within the meaning [...]
PJX Resources Inc. announced on November 22, 2023, that it had closed a non-brokered private placement and, subject to TSXV Exchange approval, Finders' fees of $30,337.20 cash and 291,709 Finders' Warrants would be paid in relation to the completion of the Offering. The TSXV Exchange has since approved the amount be amended to total Finders' Fees of $39,331.20 cash and 385,309 Finders' Warrants respectively. All other [...]
PJX Resources Inc. is pleased to announce, subject to TSX Venture Exchange approval, a non-brokered private placement of up to 5,100,000 units through the issuance of Flow Through at a price of $0.105 per Flow Through 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 warrant will entitle [...]
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