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Gold, Zinc, Copper, Lead, Silver Potential and Next Steps for PJX Resource's
TORONTO, ONTARIO / ACCESSWIRE / December 30, 2019 / PJX Resources Inc. ("PJX" or "the Compan...
About this update from Pjx Resources Inc.
[{"type":"text","content":"Gold, Zinc, Copper, Lead, Silver Potential and Next Steps for PJX Resource'sTORONTO, ONTARIO / ACCESSWIRE / December 30, 2019 / PJX Resources Inc. (\"PJX\" or \"the Company\") is pleased to announce it has received TSX Venture Exchange approval of the completed non-brokered private placement initially announced by the Company on October 15, 2019 (the \"Offering\") for total proceeds of $1,409,200.\"We have greatly advanced the potential to discover a deposit on our base metal (zinc, copper, lead, silver) and gold properties during 2019,\" states John Keating. We would like to thank our shareholders, consultants and communities where we work for helping to allow us to achieve the successes we've made. We look forward to a rewarding 2020 as we advance our projects with the potential to make a new discovery.\"Next StepsGoldGold results from drilling the high-grade David gold zone on PJX's Gold Shear Property will be announced in January. Seven of twelve grab samples taken from the David Gold Zone trenches at surface by PJX returned gold grades over 68 grams/tonne (g/t) with the highest being 193.9 g/t gold.Exploration results from prospecting, mapping and sampling for gold on the Eddy Property are being compiled and will be announced over the coming months.Base Metal (zinc, copper, lead, silver)Drilling is planned to commence by mid-January, 2020, to expand the New Massive Sulphide (NMS) Zone intersected by drilling this year on the Vine Property. The NMS zone is similar in style of mineralization to the former producing world class Sullivan (zinc-lead-silver) Mine located 35 km north of the Vine Property.Exploration results from prospecting, mapping and sampling for copper on the Parker Copper Property are being compiled and will be announced over the coming months. Copper mineralization occurs in sediments and appears to be similar in style and alteration to sediment-hosted copper deposits across the border in the United States, and/or the Kamoa copper deposit in the Congo.PJX's 100% owned Vine, Gold Shear, Eddy and Parker Copper Properties are road-accessible close to power, rail and a work force near the cities of Cranbrook and Kimberley, British Columbia, Canada.The foregoing geological disclosure has been reviewed and approved by and John Keating P.Geo. (qualified persons for the purpose of National Instrument 43-101 Standard...