Innovative Biogeochem Survey Identifies Potential Massive Sulphide Target to Drill ON Pjx’S Vine Property
(TSX VENTURE: PJX.V)
INNOVATIVE BIOGEOCHEM SURVEY IDENTIFIES POTENTIAL MASSIVE
SULPHIDE TARGET TO DRILL ON PJX’S VINE PROPERTY
Toronto, Ontario – May 11, 2021 – PJX Resources Inc. (“PJX” or the “Company”) is pleased to announce
a possible source of massive sulphide m ineralization inte rsected in 2 widely spa ced holes VA19-48,
drilled in 20 19, and pre-PJX hole KV90-41 drilled in 1990 on the PJX’s Vine Property. The 2 holes are
about 700 metres apart . They both intersected massive sulphide mineralization that appear s t o be
similar in st yle to mineralization that occurs proximal to the Sullivan zinc -lead-silver deposit located 35
km north of the property.
Highlights
• The historical Sullivan deposit has a central vent with zinc and lead mineralization proximal to
the vent.
• Tourmaline is a boron based alteration mineral that occurs in and around the Sullivan vent.
• Biogeochem sampling of trees during 2020 identified a boron geochem anomaly (Figure 1
below).
• Biogeochem survey also identified a large zinc/zinc+lead anomalous area proximal to the boron
anomaly (Figure 2 below).
• Biogeochem survey may have identified a possible vent at depth that could be the source o f
what appears to be a New Massive Sulphide (NM S) horizon intersected in PJX’s 2019 drill hole
(VA19-48) and the Pre-PJX drill hole KV90-41.
• PJX plans to drill a preliminary hole in the coming months to test the potential for a vent with
proximal zinc-lead-silver massive sulphide mineralization along the projected extension of the
NMS horizon in the vicinity of the boron anomaly.
“The Vine Vein is a surface showing with zinc, lead , copper, gold , and silver” states Mr. Jo hn Keating,
President and CEO of P JX Resourc es. “In the 1980 ’s Cominco believed that massive sulphide
mineralization in the Vine vein (Figure 3 below) may have been remobilized from a Sullivan type deposit
at depth. Co minco drilled holes to 500 m deep at the Vine vein but did not intersect a Sullivan type
deposit. The pre-PJX 1990 hole and PJX ’s 2019 hole intersected the NMS massive sulphide
mineralization 300 m deeper than the geological horizon Cominco tested. There have only been a few
holes drilled deep e nough to test the NMS horizon. We believe there is substantial untested potential
to discover a massive sulphide deposit across the Vine Property. Biogeochem sampling may be a good
tool to help unlock that potential.”
Figure 1
Figure 2
Figure 3
Corporate Update
The Company announces that Mr. Kent Pearson has resigned as a Director of the Company. Kent has
been a directo r with the Company since March, 2011. During his tenure Kent was instrumental in
helping to build the Company and broaden its network. The Board would like to thank Kent for his
efforts and support. The Board wishes him success in his future endeavors.
Qualified Persons
The foregoing geological disclosure has been rev iewed and approved by Dave Pighi n, P.Geo., and John
Keating P.Geo. (qualified persons for the purpose of National Instrument 43-101 Standards of Disclosure
for Mineral Projects). Mr. Pighi n is the consulting geologist for PJX on the Vine Property and was
responsible for managing historical drilling under taken by Kokanee Exploration in the 1990’s. Mr.
Keating is the President, Chief Executive Officer and a Director of PJX.
About PJX Resources Inc.
PJX is a mineral exploration company focused on building shareholder value and community opportunity
through the expl oration and d evelopment of m ineral resources with a fo cus on gold , sil ver and base
metals (zinc, lead, copper). PJX’s primary properties are loca ted in the historical Sullivan Mine District
and Vulcan Gold Belt near Cranbrook and Kimberley, British Columbia.
Please refer to our web site http://www.pjxresources.com for additional information.
FOR ADDITIONAL INFORMATION PLEASE CONTACT:
Linda Brennan, Chief Financial Officer
(416) 799-9205
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