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Geophysics Suggests Potential Massive Sulphide Body may be Offset Approximatley 100 Metres from Recent Drill Hole on PJX Resources' Vine Property
TORONTO, ON / ACCESSWIRE / May 23, 2019 / PJX Resources Inc. ("PJX") is pleased to announce ...
About this update from Pjx Resources Inc.
[{"type":"text","content":"Geophysics Suggests Potential Massive Sulphide Body may be Offset Approximatley 100 Metres from Recent Drill Hole on PJX Resources' Vine PropertyTORONTO, ON / ACCESSWIRE / May 23, 2019 / PJX Resources Inc. (\"PJX\") is pleased to announce that interpretation of down-hole Electromagnetic survey data combined with Magnetotelluric (MT) geophysics suggests that the source of a large MT anomaly may offset approximately 100 metres from the recently completed hole drilled to test the anomaly. The drill hole intersected a fault-controlled block of rock at target depth that appears to have displaced the source of the MT anomaly which could be a massive sulphide body. (see MT cross sections http://pjxresources.com/mt-sections.jpg)The core of the MT anomaly is also coincident with the most highly susceptible magnetic area in the survey according to Quantec Geoscience's interpretation. This supports the potential for magnetic massive iron sulphides, such as pyrrhotite, that are commonly associated with zinc, lead and other sulphides at the Sullivan and other massive sulphide deposits. (see MT-Mag cross section http://pjxresources.com/mt-mag-sections.jpg) Recent field evaluation of surface mapping and drill core by geologists Dave Pighin, Dr. Trygve Hoy, and John Keating, in consultation with Dr. George Hudak, has concluded that the shape and orientation of the MT anomalies are consistent with the orientation of folding and shearing within a 100 to 300m thick deformation zone. This zone locally hosts disseminated and bands of sphalerite (zinc), galena (lead) and pyrrhotite-pyrite (iron) mineralization. \"This new geological understanding will be used to guide exploration to discover potential folded and sheared massive sulphide bodies within the MT anomalies,\" states John Keating. \"Deformation hosted deposits, such as Broken Hill, Geco, Lyon Lake and others, are often controlled by the pattern of folding and shearing. The ability to correlate the MT anomalies to these fold and shear patterns will help define the shape and orientation of potential massive sulphide ore shoots. In addition, the target horizon defined by MT geophysics and the thick deformation zone appears large enough to host a potential deformed deposit the size of the Sullivan or Broken Hill deposits. Additional drilling is planned over the coming months.\"Background In lat...