on PJX Resources Inc. (CVE:PJX)
PJX Resources Aims to Discover RIRGS Deposits in Sullivan Mining District
PJX Resources Inc. announced a promising potential to discover Reduced Intrusion Related Gold System (RIRGS) type deposits at its Gar target area on the Zinger Property, located in the Sullivan Mining District of British Columbia. This follows a reinterpretation of airborne geophysical survey data revealing gold-harboring sheeted quartz veins atop a granite intrusion.
The surveys exposed two magnetic lows, ML-A and ML-B, beneath swampy areas, which align with known deposit settings such as Snowline’s Valley in Yukon. These anomalies suggest the presence of significant gold mineralization, potentially linked to a large, deep-seated resistive body.
Alongside, PJX granted 2,540,000 stock options at $0.20 per share, valid for five years, to company stakeholders, pending regulatory approval. Exploration efforts will continue to focus on RIRGS at Gar and Sedex targets at Dewdney Trail Property.
R. E.
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