Gold and Base Metal (Zinc, Lead, Copper) Potential January 2020 - (TSX-V: PJX) - PJX Resources Inc.
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Gold and
Base Metal (Zinc, Lead, Copper)
Potential
January 2020
(TSX-V: PJX)
Disclaimer
Some of the information in this presentation has been extracted from the prospectus and NI
43-101 Technical Report filed on SEDAR (www.sedar.com). Investors should base their
investment decision on information contained in the prospectus and NI 43-101 Technical
Report only.
This presentation may contain certain forward looking information relating to expected
future events and financial and operating results of the Company that involve risks and
uncertainties. Readers are cautioned not to place undue reliance on forward-looking
statements as there can be no assurance that the plans, intentions or expectations upon
which they are based will occur.
Due to the potential impact of various factors, including the volatility of metal prices, new
information regarding recoverable reserves or resources, market competition, changes in
environmental and other regulations, political changes, and other factors, the Company
disclaims any intention or obligation to update or revise any forward-looking information,
where as a result of new information, future events or otherwise, unless required by
applicable law.
Geological information has been reviewed by John Keating, P.Geo. (a qualified person for the
purpose of National Instrument 43-101 Standards of Disclosure for Mineral Projects). Mr.
Keating is the President, CEO and a Director of PJX.
THIS IS NOT AN OFFER OR SOLICITATION FOR THE PLACEMENT OF SECURITIES.
2
PJX Resources - Business Strategy
Focus on Exploration/Discovery Stage - Greatest Value for Investors
PJX – Approximate Current Location in Life Cycle
Source – Retrieved from http://www.geologyforinvestors.com/ June 25, 2018..
3
How to Minimize Risk & Maximize Opportunity
• Experienced Management Team – Over 120 years of Experience.
• Focus on Existing Mining Camp – Proven track record for discovery and existing
infrastructure reduces exploration and mining costs.
• Consolidate Quality Assets – Large Mineral Tenure Holdings in Undervalued Mining
Camp (over 50,000 Hectares).
• Capitalize on the Past - Tremendous wealth of historical data in an existing mining
camp.
• Compile Historical Data and Infill Data Gaps – New State of the Art Mapping,
Technology (geophysics, geochem) and Modelling.
• Develop Multiple Quality Target Areas to Test - Over 20 Areas.
• Strategically and Systematically Test each Area – Exploration results and
knowledge gained in one area can help explore and test other areas.
4
PJX RESOURCES’ GOLD & BASE METAL PROPERTIES
Cranbrook Area of British Columbia
• Opportunity to discover new deposits is
often greater in existing mining camps.
• PJX owns mineral title to 8 Properties
(over 50,000 hectares) in historical
Sullivan Mining Camp.
• 8 million tonnes of zinc, 9 million
tonnes of lead, and over 285 million
ounces of silver were extracted from
Sullivan Mine concentrate during the
base metal mines’ 90 years of
operation.
• Gold was first discovered in the creeks
in the Cranbrook area in 1864.
• Gold deposits and Base Metal deposits
are known to occur in the same mining
camp (see next slide).
5
Base Metal Deposits (red dots) and Gold Deposits (yellow dots)
both occur in the Timmins, Noranda and Val d’Or Mining Camps
(Deposits occur along or proximal to major structural Fault Zones (black lines) )
6
Historical Mining Camp
in the Cranbrook Area
(Placer Gold and
Sullivan Base Metal Mine)
• Placer Gold was first discovered in
1864 in Wildhorse, Perry and
Moyie Creeks.
• Estimated over 1.8 million ounces
of placer gold was mined from
Wildhorse Creek alone.
• Placer mining goes on today
(yellow areas on map) in 3 creek
drainages.
• Sullivan Mine began production in
early 1900’s and operated for over
90 years until closing in 2001.
• Gold and Base Metal
Mineralization occur along or
proximal to major Structural Fault
Zones.
7
Cranbrook Properties
Gold and Base Metal
Potential
• PJX owns mineral rights to 8
Properties (over 50,000 hectares).
• Dewdney Trail, Zinger, Eddy and
Gold Shear Properties cover
headwaters of Placer Gold Creeks.
• Vine, DD and West Basin Properties
have potential to host Sullivan or
Broken Hill Type (zinc-lead-silver)
deposits.
• New sediment-hosted Copper
discovery (Summer-Fall 2018) on
Parker Copper Property. Potential
for Montanore, Spar Lake, Rock
Creek or Kamoa type sediment-
hosted copper deposits.
• Estimated over $20 million in
historical work by other explorers
available to PJX.
8
Gold Shear Property
(David Gold Occurrence)
• PJX optioned Gold Shear
Property in January 2018.
• Historical inferred resource for
the David occurrence is
estimated to be 96,000 tonnes
grading 13.08 grams per tonne
gold (uncut) or 7.11 grams per
tonne gold (cut).
• Resource estimate is from a
report by Bapty Research Ltd.,
1991, and quoted by the B.C
Ministry of Energy Mines, and
Petroleum Resources’ Minfile
Record Summary (082FSE108).
• The historical estimate was not prepared
using the resource categorizations set out in
NI 43-101. PJX management is not aware of
any more recent resource estimate and is not
treating the historical estimate as current
mineral resources or reserves, as a qualified
person has not done sufficient work to
classify the historical estimate.
9
High-Grade Gold Mineralization - 196.69 g/T (5.74 oz/t) gold) over 0.8 metres
David Gold Zone Core
(Historical Drill Holes 90-21 & 91-43)
Some core with sulphide sections are weak to moderately conductive
10Geology Map
with
Drill Holes
• Eight of 12 rock grab
samples taken by PJX
from the David Gold
Zone at surface have
over 68 g/t gold, the
highest is 193.90 g/t
gold.
• David Gold Zone can be
traced at surface for
150 metres.
• PJX drilling suggests the
David Gold Zone may
plunge to the north
along the David Shear.
• Potential for additional
gold zones at depth and
on strike along the
David Shear, and also
along the West Shear.
11• Multiple phases of quartz veining occur within and adjacent to the main David shear. The main shear is anomalous in gold, in the 100s of ppb and varies in
thickness from 1.2 to 4.5 metres true width.
• High-grade gold mineralization, up-to 54,765 ppb (54.76 g/t), appears to occur as a zone in the main shear and varies in thickness from of 0.5 to 1.0 m true
width.
• Hole GS-19-07 (not on this section) returned the best weighted average for gold across the David shear of 25.07 g/t gold over 2.1m true width.
• High-grade gold mineralization can be traced from surface down the shear for 100 metres.
• The shear continues to depth but with only anomalous gold. However, the location of high-grade gold mineralization at surface relative to gold mineralization in 12
the holes suggests the high-grade gold mineralization may plunge to the north along the David shear.Gold Shear Property
• 3-Dimensional modelling of historical drilling data, from the 1990’s, on the David Gold Zone also
suggests an apparent plunge to the north for gold mineralization.
• This apparent north plunge corresponds with geology mapped at surface by PJX.
• The David Zone has been tested by historical drilling to about 100 metres deep (1800 m elevation).
• Gold mineralization occurs elsewhere on the Gold Shear Property and these areas may represent
additional untested gold zones.
13• Sulphide mineralization associated with some of the gold mineralization at the David Zone is weakly conductive. • Modelling of VLF Geophysics by Salt Spring Imaging Ltd. has identified a weakly conductive large target area (red on section) at depth below recent and historical drilling, and below 1700 metres elevation. • Parts of the large geophysical target area appear to dip north, similar to the possible plunge of the David Gold Zone. • The large weakly conductive target may represent multiple parallel zones dipping or plunging north along the David shear or a parallel shear, similar to the way ore shoots form at some gold deposits. • Additional geophysical target areas occur to the north. 14
Gold Shear Property
Potential and Next Steps
• Drilling by PJX confirmed the presence of high-grade gold mineralization at the David Gold
Zone that was first discovered in 1990 and has not been explored since 1996.
• High-grade gold mineralization can be traced from surface down the shear for 100 metres.
• PJX’s surface sampling and mapping combined with recent drilling suggest the high-grade
gold mineralization may plunge to the north along the David Shear.
• Geophysics has identified a large target area at depth that may represent multiple parallel
gold zones dipping or plunging north along the David shear or a parallel shear. This would be
similar to the way ore shoots form at some gold deposits.
• The geochemical signature of the gold zone and locally associated minerals (aquamarine-
beryl, K-spar) suggest an intrusive source for the gold bearing fluids. This supports the
potential for a large system with potential for multiple deposits.
• In early 2019, PJX received a five-year permit from the government to drill on the Gold Shear
and Eddy Properties.
• Results of the 2019 (first phase) of drilling to test the David Gold Zone will be used to guide
drilling planned to test potential down dip and down plunge extensions of the high-grade
gold mineralization this Summer.
15Zinger Property
Gold Potential
• Large Zinger Property covers
the head-waters of Perry Creek
where placer gold was first
extracted in the late 1800’s.
• Gold has been found in quartz
veins for over 6 kilometres on
the property with values
ranging up-to 34 g/t gold.
• Folding, deep seated structures
associated with the regional
Kanasewich (Vulcan) Structural
Zone, and felsic intrusives
support the potential for
Orogenic and Pluton related
gold deposits.
16Enlarged view of approximately 40 of the 898 grains
of gold extracted from a soil sample on Zinger
Property’s East Soil Grid.
17Large Gold Target Area
• Gold mineralization occurs in
grab samples of quartz veins at
surface for over 6 kilometres
along strike.
• Quartz veins are a resistive type
of material.
• Airborne VTEM geophysical
survey has identified a large
resistive zone (blue area) at
depth (300 – 600 metres).
• Resistive zone (blue area)
represents a large target area of
potential quartz flooding and
gold mineralization at depth.
• Target area is over 4 km long and
2 km wide and has a size with the
potential to host multiple gold
deposits.
18Zinger Property
Potential and Next Steps
• Zinger Property covers 20 kilometres of geology favourable to host gold and
copper deposits.
• Potential exists for world class Orogenic and/or Pluton related - Thermal Aureole
Gold (TAG), or Sediment Hosted Vein (SHV) gold deposits, such as Sukhoi Log ( >25
million oz gold).
• Gold mineralization (anomalous to 34 g/t gold in grab samples) can be traced in
rocks and soil for over 6 kilometres along a large vertical dipping structure.
• Preliminary drilling intersected geology and anomalous gold mineralization that
support the potential for multiple gold discoveries near surface and at depth
where 2 fold structures are projected to intersect.
• Additional geophysics and drilling is planned for the Zinger Property.
19Vine Property
(Zinc-Lead-Silver-Gold)
• Gravity Geophysics identified
two large target areas with
potential to host massive
sulphide deposits (East and
West Gravity Targets).
• East and West Targets may host
a flat lying massive sulphide
body similar in style to a
Sullivan type deposit.
• East Target also has potential
to host folded massive sulphide
body similar in style to the
Broken Hill type deposit in
Australia.
20Vine Property (Zinc-Lead-Silver-Gold in veins first discovered in 1976)
Vine Core Facility and Core Racks (February,
2015)
Vine Vein
21• Detailed ground Gravity
Geophysical Surveys have
identified 2 Gravity Target
Areas (East and West targets)
on the Vine Property.
• Gravity identifies changes in
rock density.
• Massive sulphide mineralization
found at the Sullivan Deposit is
very dense material that could
form a gravity anomaly.
• The large anomalies (red areas)
may represent sedimentary
basins or grabens hosting
massive sulphide deposits.
22Magnetotelluric (MT) Targets
Vine Property Magnetic Anomaly
(Looking Northeast)
(3-Dimensional Image) (3-Dimensional Image)
Elevation Metres
Surface Topography Surface Topography
Shallow MT Target 500 600
Magnetic Anomaly
Elevation Metres
0
Less Conductive More Magetic
Large MT Target
584000 585000 586000
Metres
-2000
More Conductive
Ohm-m
Less Magetic
584000 585000 586000
Metres
MT Targets and Magnetic Anomaly Cross Section through MT Targets and Magnetic Anomaly
(3-Dimensional Image) (3-Dimensional Image)
Surface Topography Surface Topography
500 500
0 0
Elevation Metres
Elevation Metres
Less Conductive Less Conductive
-2000 -2000
More Conductive More Conductive
Ohm-m
Ohm-m
584000 584000 585000 586000
585000 586000
Metres Metres
• Massive Sulphide deposits, like the Sullivan, can be conductive and magnetic. Shallow and Large Magnetotelluric (MT) Targets are conductive.
• Large MT target has a strike length of about 800 metres (m), starts about 600m deep and can be followed to depth for over 2 kilometres (km).
• Large MT Target appears to be coincident with a Magnetic anomaly (see Cross-Section through MT Targets and Magnetic Anomaly). 23
• Coincident conductive and magnetic signatures of Large Target supports potential for massive sulphide mineralization that could contain zinc, lead, and/or copper.Massive Sulphide in New Massive Sulphide (NMS) Horizon intersected in hole VA19-48
NMS Horizon is from 777.1 metres (m) to 782.6 m depth
NMS Horizon has 4 separate layers of massive sulphide totalling 3.5 m true width
One layer (1.4 m thick) graded 5177 ppm (0.52%) copper, 6320 ppm (0.63%) lead, 4526 ppm (0.45%) zinc and 7.6 ppm (7.6 g/T)
silver with anomalous nickel (195 ppm) and cobalt (263 ppm)
24Massive Sulphide in Vine Vein
Remobilized Sphalerite (zinc) clasts in massive sulphide
Sample taken from Vine Vein at surface approximately
500 metres southeast of KV90-41.
KV90-41 intersected 3.4 metres of massive sulphide Sphalerite (zinc) clasts
averaging 5.6% lead, 2.7% zinc and 1.2 ounces/ton silver at
a depth of 756 metres.
25New Massive Sulphide Zone in Hole VA19-48 appears to be open on Strike and Down Dip (see Sections XV and YV)
• Large MT target has an estimated 800 metre north to south strike length and can be traced down dip for over 2,000 metres to the west-northwest.
• New Massive Sulphide (NMS) Zone in hole VA19-48 is very conductive and occurs at the top of the large MT target. See Section XV.
• Massive Sulphide Zone intersected by historical hole KV90-41, drilled in 1990 by Kokanee Exploration, appears to occur at the same stratigraphic
horizon as the NMS zone in VA19-48. See Section YV.
• The 2 massive sulphide intersections are over 700 metres apart.
26Section YV – looking northwest
Extensive New Massive Sulphide Horizon
Vine Section YV
(looking northwest)
• New Massive Sulphide (NMS) Zone intersected at 777 m
in hole VA19-48 occurs below the Footwall Quartzite
rock unit.
• Massive Sulphide Zone intersected at 756 m in hole
KV90-41, drilled in 1990 by Kokanee Exploration, also
occurs below Footwall Quartzite.
• These two drill hole intersections are over 700 metres
apart.
• The 2 intersections are located below the Footwall
Quartzite and this supports that they may be part of an
extensive New Massive Sulphide (NMS) Horizon.
• The grade of mineralization in KV90-41 is significant (3.4
metres of 5.6% lead, 2.7% zinc and 1.2 ounces/ton
silver).
• VA19-48 may be proximal to a vent given the 80-metre
thick granofels alteration and 30-metre thick massive
recrystallized carbonate zone that occur in the hole.
• The Sullivan massive sulphide deposit occurs proximal to
vents.
27Drilling identifies Massive Sulphide and Sullivan type geological setting (Section XV – looking north-northeast)
• Massive Sulphide Zone with 4 layers of iron-sulphide containing anomalous copper, zinc, lead and silver was intersected from 777.1 metres (m) to 782.6 m in drill hole VA19-48.
• One layer graded 5177 ppm (0.52%) copper, 6320 ppm (0.63%) lead, 4526 ppm (0.45%) zinc and 7.6 ppm (7.6 g/T) silver with anomalous nickel (195 ppm) and cobalt (263
ppm) over 1.4 m true width.
• The highly conductive Massive Sulphide mineralization appears to be conformable with bedding and is inferred to extend to depth and along strike based on Magnetotelluric
(MT) Geophysics.
• Granofels alteration zones up-to 80 m thick have been discovered below the massive sulphide mineralization.
• Similar Granofels alteration occurs beneath and adjacent to massive sulphide at the Sullivan Deposit.
• Iron-sulphide core at the Sullivan Deposit is flanked by high grade zinc-lead-silver mineralization. The same increase in grade may occur on-strike and down-dip from the iron-
sulphide zones in hole VA19-48. 28Large MT Geophysical Target is coincident with New Massive Sulphide Zone (Section XV – looking north-northeast)
• MT geophysical surveys are used to identify conductive mineralization.
• Massive Sulphide Zone in hole VA19-48 is very conductive and occurs at the top of the large MT target.
• Large MT target has an estimated 800 metre strike length and can be traced down dip for over 2,000 metres.
• In addition, Granofels alteration is considered to occur in areas with high heat flow.
• Sullivan Deposit occurs in an area with Granofels alteration and high heat flow along major structures, like the Moyie Fault.
• Given the significant thickness of the MT target, there is potential to discover additional bedding conformable mineralized zones at depth and/or massive sulphide feeder type deposits
possibly associated with high heat flow areas and the Granofels alteration zones.
29Magnetotelluric (MT) Geophysics by Quantec Geoscience - data presented in Geosoft Viewer
• Only 7 holes have tested the New Massive Sulphide (NMS) Horizon.
• Two holes (VA19-48 & KV90-41) intersected massive sulphide mineralization in the NMS Horizon.
• The two holes are about 700 metres apart, which suggests potential for a laterally extensive NMS horizon similar in style to the
Sullivan Deposit.
• Single MT geophysical survey line to the northwest suggests that the Large MT is laterally extensive.
• Large MT anomaly appears to correlate with the NMS horizon in hole VA19-48. 30View looking west from the Vine Property’s West Gravity Target toward CPR’s Railyard and Rock Quarry
CPR Quarry
Highway 3
CPR Railyard
31Vine Property
Target Locations and
Infrastructure
• Target areas are located 12 km south
of Cranbrook, British Columbia.
• Property is accessible by road year
round.
• Highway 3, CPR Rail, and 2 Power
Transmission Lines cross the Property.
• CPR Rail Yard for loading rock from a
CPR quarry is located within a few
kilometres of the target areas.
• CPR Rail line was used to transport
zinc-lead-silver concentrate from the
Sullivan Mine (North of Cranbrook)
through the Vine Property to Teck’s
Metallurgical Complex in Trail, British
Columbia.
32Rail Lines
Western Canada and
Northwest USA
• Vine Property is approximately 120 km
east of Teck’s Metallurgical Complex in
Trail, BC.
• Some 8 million tonnes of zinc, 9 million
tonnes of lead, and over 285 million
ounces of silver were produced from
processing Sullivan Mine concentrate at
the Trail Met Complex.
• Sullivan Mine produced concentrate for
over 90 years before being closed in
2001.
• Vine Property is road accessible and
located near rail, power and a local
workforce.
Vine Property
33Vine Property
Potential and Next Steps
• Exploration has identified 2 large target areas (West and East Gravity Targets) that could each host a
massive sulphide (zinc-lead-silver) discovery similar in style to the relatively flat lying Sullivan Deposit or
folded and more vertical oriented Broken Hill Deposit.
• Detailed Magnetotelluric (MT) survey in November 2018 identified a shallow and a large deep conductive
MT targets. The large MT target is of a size that could host a Sullivan or Broken Hill size deposit.
• A New Massive Sulphide (NMS) Zone with 4 layers of massive iron sulphides and anomalous zinc-lead-
copper and silver mineralization was intersected in the second hole to test the Large MT Target in 2019.
• The NMS zone appears to occur at the same geological horizon as a 3.4 metre massive sulphide zone
grading 5.6% lead, 2.7% zinc and 1.2 ounces/ton silver intersected 700 metres to the south in an historical
hole drilled in 1990. No other holes have been drilled to test this horizon between these holes, or on
strike and down dip to the north and west.
• Geological setting is similar to what occurs at the Sullivan Deposit located 35 kilometres north of the Vine
Property. The core of the Sullivan massive sulphide deposit is largely composed of iron-sulphides.
Mineable zinc, lead, silver and other sulphide concentrations occur around the core.
• Permits are in place to continue to drill and test the NMS zone and other target areas on the Vine
Property.
• Next Steps – Recent down hole geophysics suggests the 2019 drill hole only intersected the edge of the
NMS zone and the zone continues laterally away from the drill hole. Drilling is planned this winter to
explore the NMS zone for increased concentrations of zinc, lead, copper and silver.
34New Copper Discovery
(September 2018)
• New Sediment Hosted Copper
mineralization has been discovered
at surface by prospecting in the 100
year old Sullivan mining camp.
New Copper Discovery • Style of copper mineralization and
geological environment support the
potential for sediment-hosted
copper type targets similar to the
Montanore, Spar Lake and Rock
Creek copper-silver deposits located
across the border in the United
States.
• Over 6,000 hectares of new mineral
claims have been staked. This new
area is called the Parker Copper
Property.
35Parker Copper Property
Discovery
Bornite/Chalcocite
(Copper Minerals)
• Strata-bound, disseminated, and fracture
controlled copper sulphide mineralization,
including chalcocite and bornite occur over
a 2 metre thick stratigraphic horizon that
has been traced in outcrop for at least 800
metres.
• Copper sulphides are best developed in
multiple strata-bound lenses/bands up to 3
mm across in the 2 metre thick stratigraphic
horizon comprised of thin to medium
bedded greenish-grey argillite-siltite and
fine-grained quartzite.
• The reduced green rock unit is similar to
rocks hosting sediment hosted copper
deposits, including the large Kamoa deposit
in Congo.
36Parker Copper Property
Potential and Next Steps
• This significant new copper discovery has never been explored, even
though it occurs at surface in the historical Sullivan mining camp.
• Copper mineralization occurs in a 2 metre thick sedimentary horizon that
has been followed along strike for over 800 metres.
• PJX has staked over 15 kilometres of favourable geology with potential for
sediment-hosted-copper deposits.
• Prospecting and mapping are underway to help assess the extent of
copper mineralization across the large property. These results will be used
to focus geophysics and other work to refine targets for drilling planned in
2020.
37Next Steps
• PJX to continue to drill and expand the
recently identified new massive
sulphide zone with zinc-lead-copper-
silver mineralization on the Vine
Property.
• PJX to drill and explore the high-grade
gold zone and potential additional gold
zones on Gold Shear Property.
• PJX to explore large gold targets on the
Zinger Property.
• PJX to explore new sediment hosted
copper discovery on strike and at
depth on the Parker Copper Property.
• PJX to explore multiple gold targets
identified on the Eddy and Dewdney
Trail Properties.
38Directors’ and Officers’ Biographies
Experienced Management Team and Board of Directors
Over 120 years of Mineral Industry Experience
• John Keating, PGeo – Chief Executive Officer, President and Director
Mr. Keating has over 35 years of experience in the mining and exploration industry. He conducted early and advanced stage
exploration with Noranda and was a global commodity analyst providing supply, demand and price forecasting for gold, silver, and
base metals, and negotiated the resolution of tariff and non-tariff barriers to trade in metals for the Federal Government of Canada.
Previously, Mr. Keating was President and Chief Executive Officer for Black Bull Resources and Golden Chalice Resources. Mr. Keating
holds a BSc(Geology) from Concordia University, Montreal, Quebec.
• Linda Brennan – Chief Financial Officer, Corporate Secretary and Director
Ms. Brennan has over 20 years of providing strategic advice and organizing and structuring financings to numerous early stage
companies in the junior resource sector. She brings knowledge of finance, accounting and public markets to PJX. She has also served
in the capacity of corporate secretary for several TSXV listed companies. Ms. Brennan holds Business Administration and Bachelor of
Commerce degrees from the University of Victoria and Royal Roads University, respectively.
• James Clare – Director
Mr. Clare is a member of the Canadian Bar Association and a Partner with Bennett Jones LLP. Mr. Clare practices in the areas of
corporate and securities law, with an emphasis on corporate finance and mergers and acquisitions. Mr. Clare’s practice is focused on
the mining and oil and gas sectors. His transactional experience includes domestic and cross-border public and private corporate
finance transactions, representing issuers and agents as well as merger and acquisitions transactions. He also advises public issuers
on general corporate and securities law matters including stock exchange listings, continuous disclosure obligations and other
regulatory compliance issues. Mr. Clare holds Bachelor of Laws and Bachelor of Arts degrees from the University of Western Ontario
and Acadia University, respectively.
39Directors’ and Officers’ Biographies
• Kent Pearson, PGeo – Director
Kent Pearson is a professional geologist with more than 30 years of experience in the mining industry and in the capital markets
sector. His mining experience spans from grassroots exploration through to mine production. In the capital markets sector, his
background includes equity and debt research experience as well as executive roles in investment banking in the resources sector.
Since 2008, Mr. Pearson is President of Locarno Advisory Inc., a firm that specializes in mergers and acquisitions, mineral and mining
asset review and disposition and strategic planning. Kent holds a Bachelor's Degree in Geology from the University of Alberta and an
MBA from Queen's University.
• Joseph Del Campo – Director
Mr. Del Campo holds Chartered Professional Accountant (CPA) and Certified Management Accountant (CMA) designations. He began
his career with Falconbridge Limited and spent over 19 years working within the Falconbridge group of companies at progressive
financial positions, including Controller and Treasurer of Falconbridge Dominicana, a ferronickel operation in the Dominican
Republic; and Falconbridge Gold Corporation, a gold mining company with operating mines in Africa and Timmins, Ontario. Over the
past 20 years, Joseph has been a Director and Vice President, Finance and Chief Financial Officer (CFO) of a number of junior
exploration companies listed on the TSX and TSX Venture Exchange.
• Dr. Trygve Hoy, P.Eng
Dr. Hoy is a Professional Engineer with 45 years of mineral industry experience working as a research economic and exploration
geologist with the British Columbia Department of Mines prior to consulting on mineral properties for the private sector. His
experience and expertise spans most metallic deposit types including: Sullivan zinc-lead-silver deposit, Sedex copper deposits,
Copper-gold porphyry deposits, and gold vein and epithermal gold deposits. Trygve received his BSc (Geology) from the University
of British Columbia, his MSc (Geology) from Carleton University, Ottawa, his Doctorate of Geology from Queens University, Ontario
and Geological Engineering Degree from the University of British Columbia in 1976.
40PJX Capital Structure
As of January, 2020
Shares Issued: 108,154,294
Warrants: 40,102,017
Options: 9,400,000
Fully Diluted: 157,656,311
Cash at December 31, 2019 $ 1,250,000
Outstanding warrants at $0.25: $ 10,025,504
Outstanding options at $0.22: $ 2,068,000
$13,343,504
In Summary:
• PJX owns 100% mineral rights to large land package in historical mining camp.
• Over $20 million in historical data has been compiled.
• Data Gaps addressed by new exploration technologies and techniques.
• Numerous large gold, silver, zinc-lead, and copper targets have been identified.
• Targets occur within one of the largest structural breaks/bends that can be found in a major mining camp.
• Experienced work force and excellent road, rail and power infrastructure.
• Ready to make a discovery.
For Additional Information contact:
PJX Resources Inc.
5600–100 King Street West, Toronto Ontario M5X 1C9
416-799-9205 41
or visit our web site at: www.pjxresources.comYou can also read
