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Porphyry Gold-Copper Target Identified on PJX Resources' Zinger Property in the Sullivan Mining District
TORONTO, ON / ACCESSWIRE / June 9, 2022 / PJX Resources Inc. ("PJX") is pleased to announce ...
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[{"type":"text","content":"Porphyry Gold-Copper Target Identified on PJX Resources' Zinger Property in the Sullivan Mining DistrictTORONTO, ON / ACCESSWIRE / June 9, 2022 / PJX Resources Inc. (\"PJX\") is pleased to announce that 3- Dimensional (3D) inversion and interpretation of airborne magnetic (mag) and MobileMT data by Expert Geophysics has identified a potential large Porphyry Gold-Copper (\"PGC\") Target on PJX Resources' Zinger Property in the Sullivan Mining District, Cranbrook, British Columbia.HighlightsMagnetic DataGold rich porphyry copper deposits can have a distinctive magnetic signature where a mag-high anomaly occurs in the center surrounded by a mag low which produces a donut shaped anomaly (see figure 1).Expert Geophysic's 3D inversion and interpretation of the airborne magnetic data has identified a donut shaped anomaly that resembles the mag signature for a gold-rich copper porphyry deposit (see PGC target on figure 2).MobileMT DataExpert Geophysics' airborne MobileMT data has identified a large low conductive anomaly at depth (see blue area on figure 3).The PGC target occurs on the edge of the low conductive anomaly. The Gar Intrusive target with gold in sheeted quartz veins at surface, and the Gar North target (see PJX news release March 7, 2022) also occur along the edge of the anomaly.The large low conductive anomaly may represent an intrusive at depth that could be a common source for the multiple phases of intrusives mapped at surface, and the PGC and Gar North targets.Gold-Copper MineralizationThe PGC target occurs adjacent to the Leader granitic porphyry intrusive that is associated with gold and copper occurrences called the Leader and Dug-Dug (see figure 4).Leader occurrence - gold, silver, lead, and copper mineralization occur with quartz veining in a shear in sediments adjacent to the Leader intrusive. The narrow (0.15 to 1.5 metres (\"m\") wide) vein was identified by historical surface trenching and/or underground workings for approximately 600 m along strike in the 1930s. PJX grab sample of mineralized quartz vein material in 2021 analyzed 10,226 ppb (10.2 g/t) gold, 107 ppm (107 g/t) silver, 2.56% copper, and greater than 10% lead.Dug-Dug occurrence - shear hosted quartz veins with gold and silver mineralization occur within the Leader stock. One of 4 holes drilled by Ruby Red Resources in 2007 intersected 2.91 g/t go...