on PJX Resources Inc. (CVE:PJX)
PJX Resources Secures Drilling Permits for Zinger and Dewdney Trail Properties
PJX Resources Inc. has been granted a 5-year permit to commence its inaugural drilling on the Zinger Property targeting a Reduced Intrusion Related Gold System (RIRGS). Situated in the Gar intrusion area, this site has shown promise with visible gold and substantial gold values from surface samples. Concurrently, the Dewdney Trail Property focuses on exploring critical metals with its proximity to the historical Sullivan mine contributing to optimism about potential discoveries.
The Gar intrusion resembles other successful RIRGS discoveries like those in the Yukon and Alaska. This drilling effort marks a significant milestone, aiming to unveil the area's potential by tapping into the distinctly oriented magnetic lows which align with gold-bearing quartz veins.
PJX also advances its Sullivan-style metals program at Dewdney Trail. Drilling in this area has revealed mineralized boulders and subsurface zones with significant metal content, reinforcing the property's potential. The current exploration program is funded through a $6.3 million private placement.
R. P.
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