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PJX Resources Inc.
Summary
| Project: | Gold Shear | |
|---|---|---|
| Deposit: | David Gold Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 1/20/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-1-2020: PJX Resources Inc. announces an Exploration/Drilling Update report for its David Gold Zone deposit at the Gold Shear project. Drilling results incl. 2.1m @ 25.07g/t Au from 37.00m. Toronto, Ontario – January 20, 2020 – PJX Resources Inc. (“PJX” | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Michael Seabroook, John Keating (Internal) | |
| ABSTRACT: | Toronto, Ontario – January 20, 2020 – PJX Resources Inc. (“PJX”) is pleased to announce that vein hosted high-grade gold mineralization, with a weighted average of up to 25.07 grams per tonne (g/t) over 2.1 metres (m) true width, was intersected by drilling on the David Gold Zone on the Gold Shear Property near Cranbrook, British Columbia, Canada. “Gold mineralization appears to be associated with an intrusive source” states Mr. John Keating, President and CEO of PJX Resources. “Intrusive related gold mineralizing systems can have significant lateral and vertical extent. Drilling also indicates that the shear system hosting the gold continues to depth and that the gold mineralization within the shear appears to occur in a zone that plunges to the north. This important information will help guide the next phase of drilling planned for this summer. Geophysics suggests that there may be additional parallel gold zones not yet drilled on strike and at depth. Drilling will also be carried out this winter to test the New Massive Sulphide (zinc, copper, lead, silver) zone discovered last year on PJX’s Vine Property.” | |
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