Base Metals

PJX Resources Inc. (TSXV:PJX) announced that exploration at its Vine project has identified massive sulfide mineralization and geology that together support the potential for a sedimentary exhalative (sedex) zinc-lead-silver deposit.

PJX Resources Inc. (TSXV:PJX) announced that exploration at its Vine project has identified massive sulfide mineralization and geology that together support the potential for a sedimentary exhalative (sedex) zinc-lead-silver deposit.
The company also revealed that it has the option to earn a 100-percent interest in the DD project. PJX believes it also has the potential to host a sedex deposit.
As quoted in the press release:

This work has provided new insight on geological controls that could influence a deposit’s location and orientation.  The new information also supports the potential for the Company’s West Basin Property to host a Sedex type of deposit.   In addition, in advance of the next phase of drilling on the Vine Property, the Company has used this information to strategically assess and acquire other locations in the region with potential to host a Sedex deposit.

John Keating, president and CEO of PJX, commented:

With this option, and the additional claims we staked, we now have full control of 3 of the best properties with mineral potential for a Sullivan type of deposit along the Moyie fault structure. We believe that the Moyie fault is similar to the Kimberley fault that was important in controlling zinc-lead-silver mineralization at the Sullivan Mine.  All the properties are road accessible and close to rail, power and a local workforce.

Click here to read the full PJX Resources Inc. (TSXV:PJX) press release.

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