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Highlights
- New drilling reveals iron-rich minerals and copper, consistent with Sedex mineralization patterns.
- Drill program confirms potential for a Sedex-type deposit in the Dewdney Trail area.
- Magnetic anomalies and surface discoveries support further exploration of critical metal deposits.
PJX Resources Inc. (TSX:PJX) recently announced the discovery of significant mineralization, including iron-rich minerals such as pyrrhotite and pyrite, along with copper (chalcopyrite), and minor to trace amounts of zinc (sphalerite) and lead (galena) in their ongoing exploration efforts in the Dewdney Trail Property, located near Cranbrook, British Columbia. This first-phase drilling, which began in August 2023, has unveiled a geological environment that aligns with typical Sedex (Sedimentary Exhalative) type zinc-lead-silver mineralization, suggesting that further exploration could reveal a significant deposit in the region.
The discovery occurred in a venting geological environment, where metal-rich fluids rise from depth along pathways called vents, which are often found along fault lines. In the Sedex model, zinc and lead are deposited first, followed by iron and copper, which can replace or remobilize the zinc and lead minerals and carry them to higher parts of the venting system. This mineralization pattern supports the theory that the area could host a substantial Sedex-type deposit, which could contain not only zinc and lead but also copper and other critical metals.
PJX Resources holds 100% ownership of the mineral rights to over 680 km² of claims in the Sullivan Mining District of southeastern British Columbia. This large land package offers significant exploration potential. The company’s ongoing exploration in late 2023 led to the discovery of boulders and outcrops with Sullivan deposit-style mineralization on the Dewdney Trail Property, which spans over 150 km². This surface discovery was particularly notable because it was magnetic in nature and associated with a strong to moderate airborne magnetic geophysical anomaly, which extends for approximately 1.6 km.
The recent drilling on the Dewdney Trail Property has confirmed the presence of sulphide mineralization in the area, further validating the geological model and supporting the possibility of discovering a Sedex-type zinc-lead-silver deposit. However, the company stresses that more drilling is required to explore higher in the venting system and laterally to the north and south along the anomalous trend. The results from this first phase of drilling suggest that further exploration could lead to the discovery of additional mineralization.
John Keating, P.Geo., PJX’s President, CEO, and Director, has reviewed and approved the geological content of the news release, ensuring that the project meets the National Instrument 43-101 Standards of Disclosure for Mineral Projects. PJX Resources' recent work at Dewdney Trail highlights the potential of the region, with the discovery of critical metal mineralization such as zinc, lead, and copper. As exploration continues, the company remains optimistic about the prospect of uncovering a major Sedex-type deposit in this promising area of southeastern British Columbia.
