PJX has 7 gold, silver and base metal (zinc, lead, copper) properties in the Cranbrook area of south-eastern British Columbia, Canada. Gold discoveries on the large Dewdney Trail, Zinger, and Eddy-Gold Shear Properties and zinc-lead-silver mineralization on the Vine Property are the primary focus of exploration for the company. Teck Resources Limited is exploring PJX’s DD Property that has potential to host a Sullivan zinc-lead-silver type of deposit.
The Cranbrook area is one of the most important mineral areas in Canada, having produced 8,500,000 tonnes of lead, 8,000,000 tonnes of zinc, and 9,000 tonnes of silver, nearly all of it from the historical Sullivan mine at Kimberley. Other small base metal producers include the Kootenay King, Estella and Bull River mines in the Hughes Range and the Stemwinder, North Star and St. Eugene mines south of the Sullivan mine in the Purcell Mountains. Together these smaller deposits account for about 3,000,000 tonnes of metal.
Placer gold provided the first exploration interest in the area starting in the mid to late nineteenth century, with deposits on the Wild Horse River proving large and profitable. Perry Creek and the Moyie River, on the Purcell Mountains side of the trench, were also profitable and small operations on each of these water courses continue today; 150 years after discovery. Anecdotal information suggests at least 1.5 million ounces (46.7 million grams) of gold have been recovered; however, no corresponding lode deposits of any size have been discovered, suggesting the gold potential of the Cranbrook Area has undeveloped potential.
Our flagship project the Dewdney Trail Property, containing large-tonnage gold prospects.
PJX plans to explore the Eddy Property to determine whether it may have been a source for placer gold in Moyie Creek.
Gold, Silver, Lead, Zinc and Copper deposit. Historical resource estimate (Non NI 43-101 Compliant).
Bedrock samples identify an area with gold mineralization at least 9 km long and 2 km wide.
The West Basin Property has 2 historical discoveries of zinc-lead-silver mineralization.
Historical drilling proximal to the DD property intersected zinc-lead mineralization at the same time horizon that the Sullivan Sedex deposit was formed, which is located approximately 45 km north of the DD Property. The historical mineralization combined with the Company’s new insight on geological controls for mineralization on the Vine Property supports the potential for a Sedex type deposit on the DD Property. The property is road accessible and close to rail, power and a local workforce.