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DLP Resources Continues Drilling on PJX Resources' DD Property
TORONTO, ON / ACCESSWIRE / April 1, 2021 / PJX Resources Inc. (TSXV:PJX) ("PJX") is pleased ...
About this update from Pjx Resources Inc.
[{"type":"text","content":"DLP Resources Continues Drilling on PJX Resources’ DD PropertyTORONTO, ON / ACCESSWIRE / April 1, 2021 / PJX Resources Inc. (TSXV:PJX) (\"PJX\") is pleased to announce that drilling by DLP Resources (\"DLP\") on PJX's DD Property has intersected strongly hydrothermally altered and sheared Sullivan horizon siltstone/argillite at Sullivan Horizon target depth from 1452.46m to 1550m in hole DDH21-01 (Figure 1). Weak pyrrhotite (iron-sulphide), chalcopyrite (copper-iron-sulphide) and trace pyrite (iron-sulphide) occur through the alteration zone. The hole ended at 1728m in weakly altered lower Aldridge sediments with tourmalinite.John Keating, President of PJX commented: \"Only two holes spaced 2 km apart have been drilled on the DD Property. Both holes intersected hydrothermally altered sediments at target depth called the Sullivan time horizon, the geological age when the Sullivan deposit was formed. These holes and historical holes drilled about 4 km and 5.5 km to the east, on the Moby Dick and NZOU Properties, support the potential for Sullivan type massive sulphide mineralization. We are pleased that DLP is encouraged by results to date and will continue drilling to test large Magnetotelluric (MT) anomalies at target depth along a 5 km untested trend.\"Next StepsAccording to DLP, strong sericite-silica alteration and yellow-brown phengite visible in the altered Sullivan horizon confirms hole DD21-01 is distal from a mineralized source. Drilling will now move 2.1km to the SE where the main NE-SW trend of MT anomalies corresponds with DLP's vectoring to the main Sullivan Zn-Pb-Ag targets over approximately 5.1km. Drilling of the first of four targets along this trend is planned to commence in the first week of April (Figures 2 and 3).PJX's DD Property, located near Cranbrook, British Columbia, is under option to DLP Resources. (see Property Ownership below).The geological disclosure and content of this news release has been reviewed and approved by Dave Pighin, P.Geo., and John Keating P.Geo. (qualified persons for the purpose of National Instrument 43-101 Standards of Disclosure for Mineral Projects). Mr. Pighin is the consulting geologist for PJX and DLP on the DD Property. Mr. Keating is the President, Chief Executive Officer and a Director of PJX.Figure 1: Titan MT resistivity section along Line 5N showing Drill Hole D...