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Drilling Continues to Support Potential for Massive Sulphide Body on PJX Resources' Vine Property
TORONTO, ON / ACCESSWIRE / April 2, 2019 / PJX Resources Inc. ("PJX") is pleased to announce...
About this update from Pjx Resources Inc.
[{"type":"text","content":"Drilling Continues to Support Potential for Massive Sulphide Body on PJX Resources' Vine PropertyTORONTO, ON / ACCESSWIRE / April 2, 2019 / PJX Resources Inc. (\"PJX\") is pleased to announce that the first hole to test the large Magnetotelluric (MT) geophysical target at depth has intersected localized tourmaline alteration for the first time on the Vine Property. This style of alteration can be found in proximity to the Sullivan deposit that is located approximately 35 km north of the Vine Property near Cranbrook, British Columbia, Canada.Drilling to test the shallow target intersected a narrow massive sulphide vein that management believes could represent re-mobilized mineralization from a massive sulphide body at depth. Laboratory analysis of the massive sulphide part of the vein, excluding wall rock, grades 3.73% lead, 1.97% zinc, 23.37 g/t silver with anomalous gold (0.05 g/t) and copper (.08%).Highlights Magnetotelluric (MT) geophysics has identified a shallow and larger deep conductive MT targets that could be identifying multiple massive sulphide bodies. Drilling the shallow MT target intersected a narrow massive sulphide vein. The vein is conductive and is considered to be proof of concept that MT is identifying massive sulphide mineralization and not another source of conductivity, such as graphite. Massive sulphide vein has milled-rolled texture (see photo http://pjxresources.com/vine-massive-sulphide-core.pdf). Milled texture suggests tectonic remobilization and deformation, possibly similar to \"Durchbewegung\" texture of some sulphide sections found at the Sullivan deposit. (Durchbewegung texture is typically created by movement of massive sulphides during deformation with milling and rotational movement of more competent rocks or minerals incorporated into the sulphide.) Massive Sulphide Vein contains zinc, lead, silver with anomalous gold and copper. Vein could be remobilized sulphide from a deposit at depth. First hole to test larger MT target at depth has intersected geology with localized tourmaline alteration for the first time. Tourmaline is an alteration found in and proximal to the Sullivan Deposit. Large MT target has potential to host multiple massive sulphide bodies. Target has an 800 metre (m) strike length and can be traced down dip for over 2,000 metres. Down hole geophysics is planned to help ident...