Articles Tagged "PJX Resources Inc."

PJX Resources Provides Updates on Vine, Zinger and Eddy

Gold – PJX Resources Inc. (TSXV:PJX) reported exploration updates for its various properties: plans are underway for a proposed 1,200 metre drilling program on the Vine Property in early 2013; drilling on the Zinger property intersected gold mineralization in altered sediments that remains open along strike; four preliminary drill holes on the Eddy Property in late 2012 to test large geophysical anomalies were inconclusive as the source of the anomalies could not be defined by the geology, but the probe has identified moderate to strong conductors that may represent mineralized zones off to the side of the holes.

PJX Resources Announces Assay Results

Gold – PJX Resources Inc. (TSXV:PJX) closed its non-brokered private placement of 750,000 units at a price of $0.20 per unit, for total gross proceeds of $150,000. The Company also announced assay results from the first two drill holes of a program on the Zinger Property in Cranbrook, BC. The two NQ diamond drill holes were drilled to test separate sedimentary horizons with gold mineralization potential.

4 Large Geophysical Anomalies Discovered at PJX Resources’ Eddy Property

Gold – Four large geophysical anomalies that may represent porphyry style gold-copper deposits and/or possible Sullivan type silver-lead-zinc deposits have been discovered on the PJX Resources Inc. (TSXV:PJX) Eddy Property thru recent processing of the electro-magnetic (EM) data from a 690 km VTEM airborne geophysical survey over the property.