PJX Resources Inc. is pleased to announce that drilling by DLP Resources on PJX's DD Property has intersected strongly hydrothermally altered and sheared Sullivan horizon siltstone/argillite at Sullivan Horizon target depth from 1452.46m to 1550m in hole DDH21-01 . Weak pyrrhotite , chalcopyrite and trace pyrite occur through the alteration zone [...]
PJX Resources Inc. is pleased to announce it has completed the previously announced investment agreement with Osisko Gold Royalties Ltd. pursuant to which Osisko has agreed to purchase 6,250,000 common shares of PJX at a subscription price equal to C$0.16 per share, for an aggregate purchase price of C$1,000,000, and acquire a 0.5% net smelter [...]
PJX Resources Inc. is pleased to announce that drilling of the Gerry Vent target on the DD Property has commenced by DLP Resources . Hole DD21-01 will be drilled to test the MT resistivity anomaly which coincides with the known mapped surface outcrop of albite, actinolite and tourmaline alteration within a breccia extending over an area of [...]
PJX Resources Inc. is pleased to announce that it has entered into an investment agreement with Osisko Gold Royalties Ltd. pursuant to which Osisko has agreed to purchase 6,250,000 common shares of PJX at a subscription price equal to C$0.16 per share, for an aggregate purchase price of C$1,000,000, and acquire a 0.5% net smelter return royalty on [...]
PJX Resources Inc. is pleased to announce the final results from an approximate 33 line-kilometer Titan magnetotelluric ground geophysical survey by Quantec Geoscience over PJX's DD Property and adjacent Moby Dick and NZOU properties. PJX and DLP Resources Inc. have jointly acquired the mineral rights to the NZOU and Moby Dick Properties. DLP [...]
This news release is issued by George Patton pursuant to the early warning requirements of Canada's National Instrument 62-104 and National Instrument 62-103 with respect to class A common shares of PJX Resources Inc. On October 5, 2020, pursuant to a non-brokered private placement, Mr. Patton acquired direct ownership of 800,000 units of [...]
PJX Resources Inc. is pleased to announce the closing of its' previously announced non-brokered private placement for total proceeds of $1,230,800. The Company is pleased to announce the Offering was oversubscribed and the previously announced 25% overallotment option was undertaken. Use of Proceeds The Company intends to use the net proceeds of [...]
PJX Resources Inc. is pleased to announce a non-brokered private placement of up to eight million units through the issuance of Flow Through and Non-flow Through Units at a price of $0.15 per Flow Through Unit and $0.125 per Unit. Each Flow-through Unit will consist of one common share to be issued as a "flow-through share" within the meaning of [...]
PJX Resources Inc. is pleased to announce that mapping and prospecting have identified 4 separate parallel shear zones with gold mineralization on the Gold Shear Property in southeastern British Columbia. Multiple grab samples of quartz veins from 2 of the shear zones returned gold values up to 250 g/t. These shears are on strike with PJX's high [...]
PJX Resources is pleased to announce that DLP Resources Inc., the wholly owned subsidiary of MG Capital Corporation, has completed drilling the extension of the original PAN-18-01 hole on the DD property, which was recently optioned from PJX Resources Inc.. PAN-18-01-EX commenced at a depth of 1425.00m in a gabbro sill above the base of the Middle [...]
PJX Resources Inc. is pleased to announce that it has signed a definitive Option Agreement with DLP Resources Inc. , a wholly owned subsidiary of MG Capital Corporation, in respect of DLP's option to acquire an interest in PJX's Sullivan-type Lead Zinc Silver DD Property . The DD Property has potential to host a high-grade Sullivan style deposit [...]
PJX Resources Inc. and DLP Resources Inc. , the wholly owned subsidiary of MG Capital Corporation, are pleased to announce the signing of a Letter of Intent to finalize a definitive Option Agreement in relation to PJX's Sullivan-type Lead Zinc Silver DD Property by July 2, 2020. The DD Property has potential to host a high-grade Sullivan style [...]
