PJX Resources Inc. announced that vein hosted high-grade gold mineralization, with a weighted average of up to 25.07 grams per tonne (g/t) over 2.1 metres (m) true width, was intersected by drilling on the David Gold Zone on the Gold Shear Property near Cranbrook, British Columbia, Canada. In early 2019, PJX received a 5-year permit from the BC government to drill and trench the David Gold Zone and other targets on both the Gold Shear and adjacent Eddy Properties. In the fall of 2019, the company undertook it's first drilling program. The next phase of drilling on the Gold Shear Property will target the potential for high-grade gold mineralization down plunge to the north on the David Gold Zone, and the potential for parallel high-grade gold zones at depth and on strike of the David Shear. Potential for Additional Gold Zones: Geophysical Target at depth: Some high-grade gold mineralization (196.69 g/t gold) intersected by historical drilling in 1990, on the David Gold Zone occurs with very fine grained black (sooty looking) weakly conductive sulphides; Similar sulphide mineralization was encountered, but only in minor amounts, in some of the company's drill holes. Higher concentrations of gold occurred with this type of sulphide mineralization; Geophysics has identified a large geophysical target area at depth that could be associated with weakly conductive sulphides. Parts of this target dip to the north, similar to the suggested plunge of the David Gold zone; Hole GS-19-06 was drilled to test part of this target at depth. The hole intersected the David shear, but the hole deviated and did not drill deep enough to test the upper part of the geophysical target. Additional drilling is required to test this target. West Shear Target: Prospecting has identified a second shear to the west of the shear hosting the David Gold Zone; Hole GS-19-06 was the only hole drilled to test the West Shear. The hole intersected the shear where it crosses a gabbro rock unit that is not favourable for hosting gold. The shear had anomalous gold up to 600 ppb; Sediments are favourable for hosting gold at the David Zone. This rock type is at depth below the gabbro at the West Shear; Additional drilling is required to test the west shear where it cuts through the sediments below the gabbro. The gabbro may act as an aquitard that could dam-up gold bearing fluids flowing along the shear and cause the gold to deposit or concentrate in the sediments. Aquitards influence gold deposit formation in Nevada and elsewhere. Geological Information: Gold mineralization occurs with quartz veining and flooding in quartz-carbonate and/or sericite altered sediments (quartzite and argillite); Sample analyses indicate that there is a near perfect correlation of gold with tellurium (0.97 correlation coefficient). There is a moderate to strong correlation of gold with mercury (0.52) and cadmium (0.72). Lead, zinc, and silver have weak to moderate correlations with gold of about 0.4 correlation coefficient. Mercury's correlation is based on only a few samples that had greater than the detection limit concentrations; Minerals aquamarine (beryl) and potassium feldspar are present in some quartz veins with or without gold mineralization; Sample analyses and mineral assemblages support the potential for an intrusive source for fluids that carried and deposited the gold mineralization; The cadmium, zinc, lead and silver correlation may also relate to a potential host rock that is favourable for extracting and concentrating the gold from the intrusive mineralizing fluids. The shear zone and quartz veins are hosted in Aldridge formation rocks that also host the Sullivan zinc, lead, cadmium, silver deposit.