The road-accessible Zinger Property is located 24 km west of Cranbrook, British Columbia and covers 12,400 hectares over a 20 km strike length of favourable geology for gold deposits.
The Zinger Property lies 5 km directly upstream from the historic Perry Creek placer gold deposits.
Bedrock grab samples taken while prospecting since 2008 have identified an area 8 km long and 2 km wide with gold mineralization.
In October, 2010, PJX contracted Aeroquest Airborne to conduct a detailed 75 m line-spacing airborne geophysical (Electromagnetic and Magnetic) test survey over one showing area on the Zinger Property. The survey identified trends in the geophysics that were similar to zones of increased gold in bedrock.
In November 2011, Geotech Ltd. completed a detailed (75m line-spacing) 340 km VTEM airborne geophysical (Electromagnetic and Magnetic) survey over the entire 8 km long trend of bedrock samples with gold.
The Zinger Property is located within the Kimberley Gold Trend on the north flank of Perry Creek, 6 km northwest of the Eddy Property.
Bedrock grab samples have identified gold mineralization over an area 8 km long and 2 km wide on the Property. Since 2008, approximately 1380 grab samples of bedrock have been collected and analyzed. Approximately 750 samples reported analyses above 20 ppb gold including:
The mineralized area is predominantly underlain by Proterozoic aged quartzites. The characteristics common to sample sites include: sericite-quartz-pyrite alteration; multiple veins sets on the millimetre and centimetre scale; brick red hematite staining; extensive silicification. The veins are antitaxial, and are consistent with multiple episodes of crack-seal development.
At one locality, an anomalous exposure was pressure-washed and channel sampled in an effort to better understand the distribution of gold within the exposure. One channel, cut oblique to bedding and across intense micro-veining and alteration produced higher grade values up-to 11.70 g/t gold. This oblique angle to bedding may indicate a preferred structurally controlled orientation for gold mineralization. Understanding the preferred orientation will increase the potential to discover gold deposits.
The results from the sampling and mapping program indicate that anomalous gold mineralization appears to occur along bedding planes with higher concentrations of gold in veins and zones perpendicular to or at oblique angles to bedding within the quartzites.
The host Creston Formation quartzite is non-sulphide bearing; hence presence of disseminated pyrite in association with gold represents an exploration vector that may be discernable using certain geophysical methods, such as induced polarization (IP) or certain electromagnetic (EM) exploration methods.
The VTEM airborne geophysical EM data has identified a large resistive zone at depth that is coincident with and outlines the majority of the gold mineralization. This zone may be an intrusive or a large area of more intense silicification and alteration associated with gold mineralization.
In addition, the airborne magnetic data has identified a 5 kilometre long magnetic trend that is coincident with some of the highest grade gold analyses in rock.
One explanation for why a gold deposit has not been found to date is because the deposit may not come to surface.
Based on the 2011 results, PJX’s 2012 exploration program will focus on the highest concentrations of gold and best geophysical features which will include further detailed mapping and a planned drilling program.
Hole ZG12-02 cross section
Sections And Plan Maps For The 2012 Drilling Program On The Zinger Property
