PJX Resources - Dewdney Trail Project - 500 Beiträge pro Seite

[Ahorne]

Hallo Zusammen

Auf den ersten Blick erscheint mir PJX Resources (Gold Explorer; British Columbia, Kanada) intressant.

Über einen regen Meinungsaustausch würde ich mich freuen.


Homepage: http://pjxresources.com/


Cash?

Investment Highlights

Gold potential of the Dewdney Trail Project is considered high because:

Significant Gold at Surface: Anomalous gold values as high as 15 g/t, including significant visible gold, has been documented from surface exposures.
Favorable Geologic Setting: Gold occurs within a porous quartzite unit sandwiched by argillite aquatards.
Textures and Alteration Consistent with Gold Deposition in a Sediment Hosted Vein (SHV) Setting: Gold occurs within a quartzite unit that is:
- pervasively altered (sericite-quartz-pyrite-FeCarbonate); and
- intensely fractured and veined
Significant Ground Preparation: Several surges of veining, brecciation and stockworking focused fluid flow and provided the opportunity for gold transportation and deposition.
Regional Scale Structures: The host unit forms part of a regional scale, detached, hanging-wall anticline that is structurally linked to the Kimberley Gold Trend.
Excellent Infrastructure and Logistics: All season road-access and a nearby power grid have important long-term cost implications


Präsentation: http://pjxresources.com/wp-content/uploads/2011/07/Corporate…

[Ahorne]

Antwort auf Beitrag Nr.: 42.434.888 von Ahorne am 03.12.11 20:35:19

Bohrprogramm gestartet:

PJX Resources Inc. Commences Drilling On Dewdney Trail Property
October 24, 2011
http://pjxresources.com/pjx-resources-inc-commences-drilling…

[Ahorne]

Antwort auf Beitrag Nr.: 42.434.888 von Ahorne am 03.12.11 20:35:19

Financial Statements
September 30, 2011
http://pjxresources.com/wp-content/uploads/2011/12/PJX_Resou…

Auszug - Cash Situation:

[Ahorne]

Antwort auf Beitrag Nr.: 42.434.997 von Ahorne am 03.12.11 22:09:44

Management: http://pjxresources.com/about/management


PHASE 1 AND PHASE 2 WORK PROGRAMS AND BUDGETS -> Dewdney Trail Project
http://pjxresources.com/wp-content/uploads/2011/07/Corporate… (Seite 23)

[Ahorne]

Projekte: (alle in der Cranbrook Area)

- Dewdney Trail Property: Our flagship project the Dewdney Trail Property, containing large-tonnage gold prospects.

- Zinger Property: Bedrock samples identify an area with gold mineralization at least 9 km long and 2 km wide.

- Eddy Property: PJX plans to explore the Eddy Property to determine whether it may have been a source for placer gold in Moyie Creek.

- Vine Property: Gold, Silver, Lead, Zinc and Copper deposit. Historical resource estimate (Non NI 43-101 Compliant).


http://pjxresources.com/projects

[zyperus]

hallo ahorne,

canadian insider ...unter anderem im nov....

Nov 8/11 Nov 7/11 Keating, John Direct Ownership Options 50 - Grant of options 1,000,000 $0.300

gruß
zyperus

[Ahorne]

Antwort auf Beitrag Nr.: 42.434.888 von Ahorne am 03.12.11 20:35:19

Also Bewerten wir mal die Fakten, die bis jetzt vorliegen:

ca. 26 Mio Aktien sind austehend. = attraktive Aktienstrukur
Cash reicht bis mind. PHASE 1 AND PHASE 2 WORK PROGRAMS AND BUDGETS -> Dewdney Trail Project abgeschlossen ist.

Danach braucht Company bald wieder Cash.

Somit ist der Erfolg des Projektes resp Bohrprogramm massgebend.

Wie bewertet Ihr das Projekt/Bohrprogramm???

[Picker56 [KommA]]

Hallo Ahorne,

der Wert klingt durchaus interessant.

Es muss sich jedoch bewahrheiten, dass die grab-samples auch bei den anstehenden Bohrungen in dieser Gradität ( was zumeist ja nicht der Fall ist ) und vor allem in den Weiten eine anständige Ressource erkennen lassen.

Beim aktuellen Kurs wird beim baldigen Kapitalbedarf doch eine ordentliche Dilution zu erwarten sein, außer sie bohren nur minimal, was eine Ressourcenerfassung zeitlich in die Länge ziehen würde.

Auf die Watch sollte man sich den Wert schon mal legen können und die ersten Bohrberichte abwarten.
Die MK ist natürlich im Moment sehr verlockend und könnte bei dementsprechenden Bohrergebnissen rapide ansteigen.
Aus dem Stand der grab-samples allerdings wäre mir persönlich ein Einstieg noch zu früh.
Desweiteren muss das MM erst beweisen, dass es realistische Ziele auch konsequent verfolgen kann um Vertrauen der Anleger zu gewinnen.

Alles in Allem ist es ein Wert zum beaobachten.

Picker56

[Ahorne]

danke für Deine Einschätzung.


hier noch die Antwort der IR Abteilung:

Dear xyz

I am potential shareholder.

Could you tell me your schedule for phase 1 & phase 2 work programm (incl. intermediate step) for the Dewdney Tail Projects?

thank you & best regards

xyz


Antwort:

Hi xyz,

Thus far, in phase one we have completed the trenching and sampling, with samples at the lab for assay. We will receive results over the next 6-8 weeks. They will be published when complete.

We completed approx. ½ of the geophysics and 2/3 each of the geochem and prospecting programs. The balance is planned to be carried out in the spring of 2012.

We also moved forward with phase ii activity this fall. We completed approximately 25% of the drilling with four holes completed on 1 of the target 20+ areas on the Dewdney Trail property and we have started the phase 2 sampling program. We are also waiting for lab results for these activities.

All in all, we made great advances in our exploration programs and are pleased with what we have accomplished in a very short time. We anticipate a steady flow of news for our investors as we move forward and develop our 4 exciting projects.

Best regards,

xyz

[Ahorne]

PJX Resources Inc. Exploration Update
http://www.theglobeandmail.com/globe-investor/news-sources/?…

Wednesday, December 14, 2011

PJX Resources Inc. Exploration Update

Toronto, Ontario CANADA, December 14, 2011 /FSC/ - PJX Resources Inc. (PJX - TSX Venture)("PJX") is pleased to announce it has completed initial trenching and drilling programs on the large Dewdney Trail gold property near Cranbrook, British Columbia. The Dewdney Trail Property has potential to host large tonnage Sediment-Hosted-Vein (SHV) gold deposits. An airborne geophysical survey has identified more than 20 (magnetic and/or conductive) target areas for follow-up on the property. Target areas all occur in a broad predominantly quartzite rock unit that contains anomalous gold ranging up to 15 g/t in grab samples. The quartzite unit ranges from 75m to over 200m in true width and can be traced for over 12 kilometres on the property.

Since PJX commenced trading on September 14, 2011, the Company has completed more than 4.5 kilometres (km) of trail and over 500 metres (m) of trenching on 3 of the 20 target areas on the Dewdney Trail Property. Work on the M1 target area has discovered that the quartzite unit with interbedded argillite appears to be over 250m in true width. The quartzite is variably altered with sericite, iron-carbonate and iron-oxide mineralization. Multiple episodes of cross-cutting quartz veining and/or flooding are predominantly evident in the quartzite part of the unit.

Trail building and trenching intersected limited rock (outcrop) exposure at surface, due in part to the oxidized and broken nature of the quartzite unit near surface. PJX drilled 4 holes (totaling 750 m) to test the quartzite unit at depth in one part of the M1 target area. This drilling was done to obtain a more representative sample of the unit and to help identify any structural controls that may relate to mineralization. The results of this work will be used to plan the most efficient way to evaluate the entire M1 target area and other target areas on the property. The M1 target area is approximately 800m wide by over 1km in strike length. Drilling was done on one small part of the target area that was approximately 100m by 200m.

SHV gold deposits are often large tonnage with low grade. The grade can vary within the deposit. For example, the 20 million ounce Sukhoi Log gold deposit in Russia has higher grade portions of the deposit that average 4 to 9 g/t gold. However, most of the deposit is lower in grade resulting in a reported average grade of 2.5 to 2.7 g/t gold, using a 1.0g/t (1000 ppb) cut off. In addition, the entire deposit is surrounded by disseminated pyrite mineralization with an even lower grade below 1000ppb gold. This gradation in gold grade may be a useful tool to help guide exploration activities to discover an SHV gold deposit on the Dewdney Trail property.

While the trenching and drilling program focused on only 3 of the over 20 target areas on the Dewdney Trail property, approximately 60% of the remaining target areas have been preliminarily assessed by prospecting and mapping. More than 400 rock grab samples have been collected and submitted for analysis. Analytical results of all the prospecting samples, trench samples and drill core are expected to be received over the coming months. The results will be compiled with existing geological mapping, surface sampling and geophysics to identify and prioritize targets for trenching and drilling on the Dewdney Trail property in 2012.

With regard to PJX's other gold properties in the Cranbrook area, Geotech Ltd. recently completed more than 1100 kilometres of VTEM airborne magnetic and electromagnetic surveys on the properties. Results of this and other work on these properties will also be announced in the New Year.

John Keating, President and CEO, comments, "The work that we've been able to undertake in the very short period of time since we commenced trading on September 14, 2011 is remarkable. Our understanding of the gold potential on the large Dewdney Trail Property will be greatly enhanced once we are able to compile the results of this initial exploration program over the coming months. We would like to thank the excellent team of consulting geologists, prospectors and contractors in the Cranbrook area for a job well done."

PJX completed a $2.5 million IPO financing and listing on the TSX Venture Exchange in September 2011. Previous operators spent over $3 million to discover numerous gold showings across our large properties in Cranbrook, B.C. PJX is working to bring the many showings to the next stage of exploration to determine if any of them could become a gold deposit. With the work completed to date, PJX has completed most of its planned Phase I exploration program and 30% of its Phase II exploration program as outlined in the Company's NI 43-101 Technical Report (available on the Company's web site). The Company is fully funded to complete both Phase I and Phase II programs.

The foregoing geological disclosure has been reviewed by Mr. 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.

About PJX Resources Inc.

PJX is a mineral exploration company focused on building shareholder value and community opportunity through the exploration and development of mineral resources with a focus on gold. PJX's primary properties are located in the historical mining area of Cranbrook and Kimberley, British Columbia.