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PJX Resources Inc.: Innovative Biogeochem Survey Identifies Potential Massive Sulphide Target To Drill on PJX's Vine Property

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TORONTO, ON / ACCESSWIRE / May 11, 2021 / PJX Resources Inc. ( PJX or the Company ) is pleased to announce a possible source of massive sulphide mineralization intersected in 2 widely spaced holes VA19-48, drilled in 2019, and pre-PJX hole KV90-41 drilled in 1990 on the PJX s Vine Property. The 2 holes are about 700 metres apart. They both intersected massive sulphide mineralization that appears to be similar in style to mineralization that occurs proximal to the Sullivan zinc-lead-silver deposit located 35 km north of the property.
Highlights
The historical Sullivan deposit has a central vent with zinc and lead mineralization proximal to the vent.
Tourmaline is a boron based alteration mineral that occurs in and around the Sullivan vent. ....

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Osisko Reports Strong First Quarter 2021 Results

4 of $5.0 million, or $0.03 per basic share
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Sandeep Singh, President and CEO of Osisko commented on the activities of the first quarter of 2021: The first quarter saw our royalty and streaming business continue to generate record cash margins and strong operating cash flows. This bodes well as our operating assets continue to perform, ramp up and expand over the coming quarters. We were also able to, relatively cheaply, acquire medium and longer-term royalty exposure to some highly promising exploration and development properties while maintaining a disciplined approach to growth.
In Q1, we also progressed our ambition to be a leader in the Environmental, Social and Governance ( ESG ) space with the publication of our inaugural ESG report and by entering into an investment and strategic partnership with Carbon Streaming Corp. The partnership leverages our streaming expertise to fund capital projects that reduce greenhouse gas emissions. ....

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PJX Resources Inc.: DLP Resources Continues Drilling on PJX Resources' DD Property

PJX Resources Inc.: DLP Resources Continues Drilling on PJX Resources DD Property
TORONTO, ON / ACCESSWIRE / April 1, 2021 / PJX Resources Inc. (TSXV:PJX) ( PJX ) is pleased to announce that drilling by DLP Resources ( DLP ) on PJX s DD Property has intersected strongly hydrothermally altered and sheared Sullivan horizon siltstone/argillite at Sullivan Horizon target depth from 1452.46m to 1550m in hole DDH21-01 (Figure 1). Weak pyrrhotite (iron-sulphide), chalcopyrite (copper-iron-sulphide) and trace pyrite (iron-sulphide) occur through the alteration zone. The hole ended at 1728m in weakly altered lower Aldridge sediments with tourmalinite.
John Keating, President of PJX commented: Only two holes spaced 2 km apart have been drilled on the DD Property. Both holes intersected hydrothermally altered sediments at target depth called the Sullivan time horizon, the geological age when the Sullivan deposit was formed. These holes and historical holes drilled about 4 km and 5. ....

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PJX Resources Inc.: DLP Resources Starts Drilling the Gerry Vent on PJX Resources' DD Property

PJX Resources Inc.: DLP Resources Starts Drilling the Gerry Vent on PJX Resources DD Property
TORONTO, ON / ACCESSWIRE /
February 16, 2021 / PJX Resources Inc. ( PJX ) (TSXV:PJX) is pleased to announce that drilling of the Gerry Vent target on the DD Property has commenced by DLP Resources ( DLP ). Hole DD21-01 will be drilled to test the MT resistivity anomaly which coincides with the known mapped surface outcrop of albite, actinolite and tourmaline alteration within a breccia extending over an area of approximately 400m x 100m. Visible mineralization of sphalerite (Zn) and galena (Pb) occurs within the breccia.
The depth of the Sullivan-type Zn-Pb-Ag target zone is between 300 to 600m below surface where a strong conductive body is identified by a magnetotelluric (MT) resistivity anomaly of between 20- and 60-ohm metres (Figures 1 and 2). ....

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