(TSX Venture: Pjx.v) PJX Resource’S Sheeted Veins with GOLD up to 28 G/T IN a Possible Reduced Intrusion Related GOLD System (Rirgs) IN the Sullivan Mining District
(TSX VENTURE: PJX.V)
PJX RESOURCE’S SHEETED VEINS WITH GOLD UP TO 28 G/T IN A POSSIBLE
REDUCED INTRUSION RELATED GOLD SYSTEM (RIRGS)
IN THE SULLIVAN MINING DISTRICT
Toronto, Ontario – February 26, 2026 –The Gar target on PJX Resources Inc.’s (“PJX”) Zinger Property has
visible gold associated with sheeted and structurally controlled quartz veins in the mid-Cretaceous age
granodiorite to granitic intrusion (Photo A). Previously announced grab samples of the sheeted veins
returned gold values ranging from anomalous to 28,841 ppb (28.84 g/t) gold. The coarse to medium
grained equigranular intrusion has minimal sulphide mineralization and alteration. The Gar target (also
called the “Gar intrusion”) is one of over 10 highly prospec tive gold targets PJX owns in the Vulcan Gold
Belt of the Sullivan Mining District in southeastern British Columbia (Figure 1)
Visible gold occurs as individual grains and with pyrite (Photos B and C). Geological mapping indicates
that the large Gar intrusion has an elliptical shape approximately 1,600 × 1,000 m in dimension. Much of
the intrusion remains concealed beneath overburden; however, the highest vein densities occur near the
valley bottom (Figure 2), where structural intersections and en hanced permeability may have
concentrated mineralizing fluids.
Historical soil sampling has defined a 1600 m long gold in soil anomaly over the Gar intrusion (Figure 3).
The soil gold anomaly extends beyond the Gar intrusion contact, covering a sparsely exposed area of
hornfelsed sedimentary rocks that likely cap the top of the intrusion. Therefore, the Gar intrusion may be
larger in size than is shown on the map as it may connect at depth, under the sedimentary cap, with the
small intrusion mapped to the north. Veining and mineralization are present in the hornfelsed and
skarned sedimentary rocks around the intrusions. Historical soil sampling also outlines areas with
anomalous bismuth and molybdenum (Figures 3 and 4).
John Keating, President of PJX Resources commented: “The style of gold mineralization in what appears
to be a large Reduced Intrusion Related Gold System (RIRGS) may be analogous to Snowline Gold’s Valley
discovery in the Yukon and/or Kinross’s Fort Knox gold deposit in Alaska.”
The road accessible Gar gold target is part of the Vulcan Gold (VG) belt in the Sullivan Mining District. The
VG belt is located at the intersection of two crustal scale structures, the Vulcan Tectonic Zone and the
Rocky Mountain Trench (RMT) fault. The RMT fault is the southern extension of the Tintina fault in Alaska
and the Yukon that is believed to play a role in the formation of the Fort Knox gold deposit and possibly
Snowline’s Valley deposit. PJX management believes that the intersection of these two crustal penetrating
structures is the focal point for large mineralizing systems. One system localized the deposition of the
world class Sullivan zinc-lead-silver deposit about 1.4 billion years ago, while a younger system introduced
gold mineralization ranging from 120 to possibly 60 million years ago. Gold potential of the district is
evident by placer gold occurring in multiple creek drainages for about 65 km. (Figure 1).
PJX has consolidated 100% of the mineral rights to the largest land package (7 50 km²) in the Sullivan
Mining District and VG Belt. On February 20, 2026, PJX announced 3 large Sedex zinc-lead-silver targets
(Estella Basin, Lewis Ridge, Grundy Creek) on the Dewdney Trail Property. These targets are each large
enough to host a Sullivan Sedex type and size deposit and remain a priority for PJX.
The undrilled Gar target is one of more than 20 promising targets for gold, silver, copper, zinc, lead, cobalt,
and other critical metals across PJX’s 100% owned properties . We plan to share further details about
these targets and may seek partners to help test them.
In Summary – Gar characteristics similar to Reduced Intrusion Related Gold Systems (RIRGS) such as Fort
Knox or Snowlines Valley Discovery.
Characteristic Reduced Intrusion Related Gold PJX Gar Intrusion Target
Visible Gold Yes Yes
Gold occurs in Sheeted & structurally
controlled quartz veins
Sheeted & structurally controlled
quartz veins
Country rocks Sediments, hornfels, skarn Sediments, hornfels, skarn
Associated Elements Bismuth, Tellurium, Tungsten,
Molybdenum
Bismuth, Molybdenum, Tungsten,
Tellurium
Intrusion Type Granite to Granodiorite Granite to Granodiorite
Intrusion Age Cretaceous Cretaceous
Intrusion grain size Porphyritic to equigranular -
medium to coarse grained
Equigranular - medium to coarse
grained
Structural Influence Yes – shears & faults Yes – shears & faults
Sulphide content Low Low
Hydrothermal Alteration Not significant Not significant
Photo A - Sheeted vein in Gar intrusion, 1365 ppb (1.36 g/t) gold.
Figure 1- PJX Properties ( color coded) in the Sullivan Mining District that includes the Vulcan Gold Belt
defined by 65 km of creeks with placer gold. PJX has identified more than 10 highly prospective gold target
areas (yellow dots). Gar is a Reduced Intrusion Related Gold System (RIRGS) type target on the Zinger
Property. PJX also has more than 10 silver, zinc, lead, copper, and/or critical metals targets (red dots).
Estella Basin, Lewis Ridge, and Grundy Creek are priority Sullivan deposit type targets o n the Dewdney
Trail Property.
Photo B -Visible Gold in quartz vein in Gar Intrusion
(magnified photo).
Photo C-Visible Gold in Pyrite in quartz vein in Gar Intrusion
(magnified photo).
Figure 2 – Gold in sheeted quartz veins in
granodiorite to granite intrusion.
Figure 3 – Gold in soils, 1600m anomaly.
Figure 4 – Bismuth in soils. Figure 5 – Molybdenum in soils.
Qualified Person
The geological disclosure and content of this news release has been reviewed and approved by John
Keating P.Geo. (qualified person for the purpose of National Instrument 43 -101 Standards of Disclosure
for Mineral Projects). 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 exploration and development of mineral resources with a focus on gold, silver, zinc, lead,
copper, cobalt and other critical metals. PJX has consolidated 100% of the mineral rights to the largest
land package (750 km²) in the historical Sullivan Mine District and Vulcan Gold Belt near Cranbrook and
Kimberley, British Columbia. PJX has developed a pipeline of more than 15 priority targets to be tested by
PJX and /or companies interested in partnering to test often road accessible drill ready targets with gold,
silver, copper, zinc and other critical metal deposit potential. 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
Cautionary Note Regarding Forward-Looking Information
The information in this news release has been prepared as at the date noted above. Certain statements in this news release, r eferred to
herein as "forward-looking statements", constitute "forward-looking statements" under the provisions of Canadian provincial securities
laws. These statements can be identified by the use of words such as "expected", "may", "will" or similar terms.
Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by PJX
Resources Inc. as of the date of such statements, are inherently subject to significant business, economic and competitive un certainties
and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or
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This news release may contain information about adjacent properties on which PJX Resources Inc. has no right to explore or mi ne. We
advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S.
investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties . This news
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work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward -looking
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materially from those currently anticipated in such statements.
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