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PJX Resources Enhances the Potential to Discover Reduced Intrusion Related Gold System (RIRGS) Type Deposits In the Sullivan Mining District and Announces Stock Option Grant
TORONTO, ON / ACCESS Newswire / March 18, 2026 / PJX Resources Inc.'s ("PJX") is pleased to an...
About this update from Pjx Resources Inc.
[{"type":"text","content":"PJX Resources Enhances the Potential to Discover Reduced Intrusion Related Gold System (RIRGS) Type Deposits In the Sullivan Mining District and Announces Stock Option GrantTORONTO, ON / ACCESS Newswire / March 18, 2026 / PJX Resources Inc.'s (\"PJX\") is pleased to announce that reinterpretation of airborne geophysical survey data supports the potential to discover RIRGS type deposits at the Gar target area on PJX's Zinger Property in the Sullivan Mining District, Southeastern British Columbia.Sheeted quartz veins with visible gold occur at the top of a granite to granodiorite intrusion at the Gar target area (see PJX news release February 26, 2026). Compilation of historical and PJX rock grab samples has identified additional gold potential areas within the Gar intrusion and in hornfels altered sedimentary rocks around the intrusion (see Figure 1).Reduced granite to granodiorite intrusions that host RIRGS deposits are generally non-magnetic, resulting in magnetic lows in airborne geophysical data. Airborne Magnetic and Airborne Mobile MT Surveys previously flown by Expert Geophysics for PJX over the Zinger Property has identified two significant magnetic lows near gold-bearing sheeted veins at the Gar target area, labeled as Magnetic Low (ML) A and B in Figure 2.Key observations regarding the magnetic lows:ML-A and ML-B are both situated near or within the valley bottom, closely resembling the setting of Snowline's Valley deposit in the Yukon. Gold mineralized zones may preferentially weather and erode more than surrounding hornfelsed rocks and therefore form a topographical low.Both magnetic low anomalies are concealed beneath swamp or overburden.ML-B extends approximately 1100 meters in length, making it larger than ML-A.Both magnetic lows appear to be positioned above and on the margins of a substantial, highly resistive (low conductivity) zone at depth (refer to the blue area on Figure 3). The Airborne Mobile MT survey's Apparent Conductivity (33 Hz) has delineated this large resistive anomaly, estimated to be about 1.5 to 2 kilometers below surface. The resistive anomaly may signify a large intrusive body at depth, potentially serving as the source of reduced intrusions associated with gold mineralization at surface.ML-B trends in a northeast direction, consistent with the orientation of sheeted veins containing gold with...