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.
As quoted in the press release:
Plans are underway for a proposed 1200 metre drilling program on the Vine Property in early 2013. Management has identified two primary targets on the property: sub-vertically dipping vein style gold-silver-lead-zinc-copper mineralization (“Vine Structure”) and shallow dipping Sullivan style massive sulphide lead-zinc-silver mineralization.
Sections and plan maps for the 2012 drilling program on the Zinger Property are now available on the company web site (http://pjxresources.com/zg12-02-section-b-b.pdf and http://pjxresources.com/zinger-maps.pdf). Drilling in late 2012 intersected gold mineralization in altered sediments that remains open along strike.
Airborne geophysics had identified 4 large EM and/or magnetic anomalies at depth. They occur in a geological environment that may be favourable for gold and/or base metal mineralization. Four preliminary holes that were drilled in late 2012 to test the geophysical anomalies were inconclusive as the source of the anomalies could not be defined by the geology.
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