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Drilling Defines Possible Massive Sulphide Basin on PJX Resources' Vine Property
TORONTO, ON / ACCESSWIRE / May 5, 2020 / "PJX Resources' had a successful year of exploratio...
About this update from Pjx Resources Inc.
[{"type":"text","content":"Drilling Defines Possible Massive Sulphide Basin on PJX Resources’ Vine PropertyTORONTO, ON / ACCESSWIRE / May 5, 2020 / \"PJX Resources' had a successful year of exploration during 2019,\" states Mr. John Keating, President and CEO of PJX Resources (\"PJX\" or \"the Company\"). \"Drilling intersected high-grade gold mineralization on the Gold Shear Property and a New Massive Sulphide (NMS) horizon on the Vine Property. We look forward to building on this success and further test these new gold and base metal zones as well as targets on other properties in 2020.\"Initial drilling in 2020 on the Vine Property, prior to COVID-19 closure, intersected what appear to be syn-rift fault structures that management considers to be important to the formation of massive sulphide mineralization containing zinc, lead, copper, silver and possibly gold. Massive sulphide mineralization has been intersected in the NMS horizon by PJX's drill hole VA19-48 and hole KV90-41 that was drilled in 1990 by a previous explorer. The two holes are 700 metres apart. Both massive sulphide intersections appear to occur where the newly identified north-south oriented syn-rift faults intersect the northwest oriented Vine vein fault structures.Syn-rift faults and their intersections are fundamental controls on the location of venting and fluid flow in the geological basin (graben) that produced the massive sulphide mineralization at the Sullivan deposit. The new north-south syn-rift faults, combined with northwest oriented syn-rift faults (Vine vein), and the northeast Moyie syn-rift fault structure form a pattern that mimics the pattern of syn-rift faults at the Sullivan deposit located 35 km north of the Vine Property. (see https://pjxresources.com/wp-content/uploads/2020/05/Sullivan-Vine-Fault-Comparison.jpg)Although drilling is temporarily halted, PJX's employees and consultants remain healthy and continue to work in isolation. Field mapping and new bio-geochem sampling are on-going to help define the location of additional syn-rift fault structures and potential zones of increased mineralization. This work in conjunction with drill data and geophysics will be used to plan the next phase of drilling to discover a Sullivan type zinc-lead-silver deposit.The foregoing geological disclosure has been reviewed and approved by Dave Pighin P.Geo. and John Keat...