The Conversation (0)
PJX Resources Inc. (TSXV:PJX) compiled the results of a preliminary gravity geophysical survey and historical data on the Vine Property, located in British Columbia, and identified a large target area with massive sulphide deposit potential.
As quoted in the press release:
The positive gravity anomaly occurs north of the Vine occurrence and defines an area that is approximately 2 km in width and 3-4 km in length with an apparent shallow dip to the north (see map at https://pjxresources.com/wp-content/uploads/2011/07/vine-gravity-anomaly.jpg). The gravity anomaly identifies more dense material that could represent massive sulphides within the sedimentary rocks. It appears to parallel stratigraphy within Proterozoic-age Aldridge Formation sedimentary rocks that correlate with those that hosted the Sullivan massive sulphide deposit, located 35 km north of the property.
The interpreted sulphide potential is supported by two historical holes drilled by Kokanee Explorations Ltd. in 1990 and Consolidated Ramrod Gold Corporation in 1994. Each of the holes intersected lead-zinc-silver mineralization in massive sulphides at depths of approximately 700m and are located on the western edge of the gravity anomaly (see map at https://pjxresources.com/wp-content/uploads/2011/07/vine-cross-section.jpg).
PJX Resources Inc. President and CEO, John Keating, said:
These are exciting new target areas for the company to explore. The Vine target area is of greatest interest given that historical drilling has intersected massive sulphide mineralization at a depth and location that may correlate with the edge of the gravity anomaly.
Click here to read the PJX Resources Inc. (TSXV:PJX) press release
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