Pjx Res Inc (PJXRF) 0.1373 $PJXRF Private Place
Post# of 273242
Posted On: 09/17/2016 9:11:52 AM
Pjx Res Inc (PJXRF) 0.1373 $PJXRF
Private Placement and Exploration Update
Filing Services Canada - Thu Aug 25, 3:44PM CDT
Private Placement and Exploration Update
PJX.VN: 0.140 (-0.005)
PJX Resources Completes Private Placement
Filing Services Canada - Wed Oct 28, 5:52PM CDT
PJX Resources Completes Private Placement
PJX.VN: 0.140 (-0.005)
Exploration Update and Private Placement
Filing Services Canada - Thu Oct 15, 8:00AM CDT
Exploration Update and Private Placement
PJX.VN: 0.140 (-0.005)
Strategic Property Option in Advance of Drilling on the Vine Property
Filing Services Canada XHTML - Mon Jul 27, 8:01AM CDT
PJX.VN: 0.140 (-0.005)
Mineralization Discovered on Vine Property Supports Potential for Sedex Type of Deposit
Filing Services Canada XHTML - Wed Jun 24, 3:06PM CDT
PJX.VN: 0.140 (-0.005)
PJX Resources Modifies and Completes Private Placement
Filing Services Canada XHTML - Wed Apr 08, 5:02PM CDT
PJX.VN: 0.140 (-0.005)
Drilling Discovers Favourable Geological Environment to Host a Sedex Type Deposit on the Vine Property
Filing Services Canada - Thu Mar 19, 5:29PM CDT
Drilling Discovers Favourable Geological Environment to Host a Sedex Type Deposit on the Vine Property Toronto, Ontario (FSCwire) - PJX Resources Inc. (the Company or PJX) is pleased to announce the results of the Companys most recent drill program. Drill hole VA15-02 has intersected Proterozoic age Lower Aldridge sediments that contain anomalous sphalerite (zinc sulphide) and pyrrhotite (iron sulphide) mineralization along fractures and disseminated within sedimentary beds that are locally altered by sericite, chlorite, albite, silica and occasional garnets. Additional detailed ground geophysics (see December 22, 2014 press release) has identified a large positive gravity anomaly that appears to correspond with the target sedimentary horizon called the Footwall Quartzite. Hole VA15-02 intersected a fault before reaching the Footwall Quartzite target horizon. Preliminary assessment of the data suggests that the target horizon is at depth beneath the hole. Management believes that the presence of anomalous sphalerite mineralization with alteration and the identified gravity anomaly continue to support the potential for massive sulphides deposited within a basin at the target Footwall Quartzite sedimentary horizon. Historical drilling in the early 1990s by Kokanee Exploration discovered massive sulphide with zinc, lead and silver mineralization at the base of the Footwall Quartzite, approximately 1.2 km west of PJXs hole VA15-02. Based on these results the Company believes it has discovered a restricted third-order sedimentary basin which is considered an important geological environment often associated with Sedex deposits. This discovery is located approximately 35 km south of the former Sullivan Sedex deposit. In my 40 years of exploration experience in the area, it is rare to discover a third order basin and, in particular, one that contains sphalerite mineralization with alteration that supports the right geological environment for a deposit states Dave Pighin (P.Geo) In addition, the basin is located adjacent to a large regional structure called the Moyie Fault. The Sullivan deposit occurs in a similar geological environment adjacent to the regional Kimberley Fault. This new geological information and existing geophysical data are being used to refine target depths and locations in preparation for the next phase of drilling. Although mineralization seen in the core is not of sufficient concentration to warrant assaying, the anomalous mineralization supports the potential for a sulphide deposit being formed in the basin. Additional information will be placed on the PJX website when the assessment is completed. The property has excellent infrastructure. It is crossed by two power lines and rail with road access year round, and is only a 20 minute drive south along Highway 3 from mining friendly Cranbrook, British Columbia. states Company President and CEO John Keating. The rail line crossing the property carried zinc, lead and silver concentrate from the former Sullivan Mine to Tecks Smelter complex in Trail, located about a half a day by rail away. Drill Hole VA15-02 - Summary The hole was drilled for 688 metres (m) at an angle of -70 degrees from horizontal. To view this table, please either click on the link below, or copy and paste the link into your browser: Localized slumping of the sediments, identified in core, suggests that active faulting occurred during sediment deposition. The presence of fracture controlled and disseminated zinc and iron mineralization with syn-sedimentary faulting are indications of a basin in which hydrothermal fluids may be rising along faults to deposit mineralization along or beneath the ocean floor. The basin appears to be capped by two gabbro sills. The restricted nature of the basin is also supported by the localized presence of the gabbro sills that do not occur to the west of the basin where historical drill holes intersected zinc-lead-silver mineralization at the base of the Footwall Quartzite. The zone of deformation with z-folding is considered to be one of the bounding faults of the basin that has been re-activated overtime. The zone was encountered before the hole reached the Footwall Quartzite target horizon which is believed to be at depth below the hole. The foregoing geological disclosure has been reviewed by Mr. Dave Pighin P.Geo. (a qualified person for the purpose of National Instrument 43-101 Standards of Disclosure for Mineral Projects). Mr. Pighin is the Companys consulting geologist managing the Vine drilling program. About PJX Resources Inc. PJX is a mineral exploration company focused on building shareholder value and community opportunity through the exploration and development of mineral resources with a focus on gold and base metals. PJXs properties are located in the historical mining area of Cranbrook and Kimberley, British Columbia. Please refer to our web site http://www.pjxresources.com (http://www.pjxresources.com) for additional information. FOR FURTHER INFORMATION PLEASE CONTACT: Linda Brennan, Chief Financial Officer (416) 799-9205 info@pjxresources.com (mailto:info@pjxresources.com) Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information This News Release contains forward-looking statements. Forward looking statements are statements which relate to future events. Forward-looking statements include, but are not limited to, statements with respect to exploration results, the success of exploration activities, mine development prospects, completion of economic assessments, and future gold production. In some cases, you can identify forward-looking statements by terminology such as "may", appears to, "should", "expects", "plans", "anticipates", believes", "estimates", "predicts", "potential", or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our actual results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking-statements. Although PJX has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...192015.pdf Source: PJX Resources Inc. (TSX Venture
JX) http://pjxresources.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
PJX.VN: 0.140 (-0.005)
PJX Resources Announces Warrant Amendment
Filing Services Canada XHTML - Mon Dec 22, 3:00PM CST
PJX.VN: 0.140 (-0.005)
PJX Resources Completes Private Placement and Commences Work toward Drilling on the Vine Property
Filing Services Canada XHTML - Mon Nov 17, 11:40AM CST
PJX.VN: 0.140 (-0.005)
PJX Resources Updates Private Placement
Filing Services Canada XHTML - Thu Oct 09, 3:00PM CDT
PJX.VN: 0.140 (-0.005)
Private Placement and Exploration Update
Filing Services Canada - Thu Aug 25, 3:44PM CDT
Private Placement and Exploration Update
PJX.VN: 0.140 (-0.005)
PJX Resources Completes Private Placement
Filing Services Canada - Wed Oct 28, 5:52PM CDT
PJX Resources Completes Private Placement
PJX.VN: 0.140 (-0.005)
Exploration Update and Private Placement
Filing Services Canada - Thu Oct 15, 8:00AM CDT
Exploration Update and Private Placement
PJX.VN: 0.140 (-0.005)
Strategic Property Option in Advance of Drilling on the Vine Property
Filing Services Canada XHTML - Mon Jul 27, 8:01AM CDT
PJX.VN: 0.140 (-0.005)
Mineralization Discovered on Vine Property Supports Potential for Sedex Type of Deposit
Filing Services Canada XHTML - Wed Jun 24, 3:06PM CDT
PJX.VN: 0.140 (-0.005)
PJX Resources Modifies and Completes Private Placement
Filing Services Canada XHTML - Wed Apr 08, 5:02PM CDT
PJX.VN: 0.140 (-0.005)
Drilling Discovers Favourable Geological Environment to Host a Sedex Type Deposit on the Vine Property
Filing Services Canada - Thu Mar 19, 5:29PM CDT
Drilling Discovers Favourable Geological Environment to Host a Sedex Type Deposit on the Vine Property Toronto, Ontario (FSCwire) - PJX Resources Inc. (the Company or PJX) is pleased to announce the results of the Companys most recent drill program. Drill hole VA15-02 has intersected Proterozoic age Lower Aldridge sediments that contain anomalous sphalerite (zinc sulphide) and pyrrhotite (iron sulphide) mineralization along fractures and disseminated within sedimentary beds that are locally altered by sericite, chlorite, albite, silica and occasional garnets. Additional detailed ground geophysics (see December 22, 2014 press release) has identified a large positive gravity anomaly that appears to correspond with the target sedimentary horizon called the Footwall Quartzite. Hole VA15-02 intersected a fault before reaching the Footwall Quartzite target horizon. Preliminary assessment of the data suggests that the target horizon is at depth beneath the hole. Management believes that the presence of anomalous sphalerite mineralization with alteration and the identified gravity anomaly continue to support the potential for massive sulphides deposited within a basin at the target Footwall Quartzite sedimentary horizon. Historical drilling in the early 1990s by Kokanee Exploration discovered massive sulphide with zinc, lead and silver mineralization at the base of the Footwall Quartzite, approximately 1.2 km west of PJXs hole VA15-02. Based on these results the Company believes it has discovered a restricted third-order sedimentary basin which is considered an important geological environment often associated with Sedex deposits. This discovery is located approximately 35 km south of the former Sullivan Sedex deposit. In my 40 years of exploration experience in the area, it is rare to discover a third order basin and, in particular, one that contains sphalerite mineralization with alteration that supports the right geological environment for a deposit states Dave Pighin (P.Geo) In addition, the basin is located adjacent to a large regional structure called the Moyie Fault. The Sullivan deposit occurs in a similar geological environment adjacent to the regional Kimberley Fault. This new geological information and existing geophysical data are being used to refine target depths and locations in preparation for the next phase of drilling. Although mineralization seen in the core is not of sufficient concentration to warrant assaying, the anomalous mineralization supports the potential for a sulphide deposit being formed in the basin. Additional information will be placed on the PJX website when the assessment is completed. The property has excellent infrastructure. It is crossed by two power lines and rail with road access year round, and is only a 20 minute drive south along Highway 3 from mining friendly Cranbrook, British Columbia. states Company President and CEO John Keating. The rail line crossing the property carried zinc, lead and silver concentrate from the former Sullivan Mine to Tecks Smelter complex in Trail, located about a half a day by rail away. Drill Hole VA15-02 - Summary The hole was drilled for 688 metres (m) at an angle of -70 degrees from horizontal. To view this table, please either click on the link below, or copy and paste the link into your browser: Localized slumping of the sediments, identified in core, suggests that active faulting occurred during sediment deposition. The presence of fracture controlled and disseminated zinc and iron mineralization with syn-sedimentary faulting are indications of a basin in which hydrothermal fluids may be rising along faults to deposit mineralization along or beneath the ocean floor. The basin appears to be capped by two gabbro sills. The restricted nature of the basin is also supported by the localized presence of the gabbro sills that do not occur to the west of the basin where historical drill holes intersected zinc-lead-silver mineralization at the base of the Footwall Quartzite. The zone of deformation with z-folding is considered to be one of the bounding faults of the basin that has been re-activated overtime. The zone was encountered before the hole reached the Footwall Quartzite target horizon which is believed to be at depth below the hole. The foregoing geological disclosure has been reviewed by Mr. Dave Pighin P.Geo. (a qualified person for the purpose of National Instrument 43-101 Standards of Disclosure for Mineral Projects). Mr. Pighin is the Companys consulting geologist managing the Vine drilling program. About PJX Resources Inc. PJX is a mineral exploration company focused on building shareholder value and community opportunity through the exploration and development of mineral resources with a focus on gold and base metals. PJXs properties are located in the historical mining area of Cranbrook and Kimberley, British Columbia. Please refer to our web site http://www.pjxresources.com (http://www.pjxresources.com) for additional information. FOR FURTHER INFORMATION PLEASE CONTACT: Linda Brennan, Chief Financial Officer (416) 799-9205 info@pjxresources.com (mailto:info@pjxresources.com) Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information This News Release contains forward-looking statements. Forward looking statements are statements which relate to future events. Forward-looking statements include, but are not limited to, statements with respect to exploration results, the success of exploration activities, mine development prospects, completion of economic assessments, and future gold production. In some cases, you can identify forward-looking statements by terminology such as "may", appears to, "should", "expects", "plans", "anticipates", believes", "estimates", "predicts", "potential", or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our actual results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking-statements. Although PJX has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...192015.pdf Source: PJX Resources Inc. (TSX Venture
JX) http://pjxresources.com/ Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc. PJX.VN: 0.140 (-0.005)
PJX Resources Announces Warrant Amendment
Filing Services Canada XHTML - Mon Dec 22, 3:00PM CST
PJX.VN: 0.140 (-0.005)
PJX Resources Completes Private Placement and Commences Work toward Drilling on the Vine Property
Filing Services Canada XHTML - Mon Nov 17, 11:40AM CST
PJX.VN: 0.140 (-0.005)
PJX Resources Updates Private Placement
Filing Services Canada XHTML - Thu Oct 09, 3:00PM CDT
PJX.VN: 0.140 (-0.005)
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