Pjx Resources (PJXRF) Stock News

PJX Resources (OTC: PJXRF) announced adoption of semi-annual reporting (SAR) under Coordinated Blanket Order 51-933, electing not to file interim financial statements and MD&A for first and third quarters while continuing audited annual and six-month filings.

The company says it meets CBO 51-933 eligibility: venture issuer status, exchange-listed shares, annual revenues under $10 million, a disclosure record over 12 months, and current periodic filings. Fiscal year ends December 31; six-month statements due within 60 days and annual within 120 days.

PJX Resources (OTC:PJXRF) reports reinterpretation of airborne geophysics at the Gar target, Zinger Property, supporting the potential for Reduced Intrusion Related Gold Systems (RIRGS).

Highlights include two magnetic lows (ML-A, ML-B), ML-B ~1100m long, a deep resistive anomaly ~1.5–2 km beneath both lows, 100% consolidation of 750 km2 mineral rights in the Sullivan Mining District, and a 2,540,000 stock option grant at $0.20 expiring March 16, 2031.

PJX Resources (OTC:PJXRF) reports visible gold and sheeted quartz veins at the Gar target on the Zinger Property, with grab samples up to 28.84 g/t Au. Geological mapping shows a roughly 1,600 × 1,000 m elliptical Cretaceous intrusion and a 1,600 m soil-gold anomaly. The target is undrilled and largely concealed beneath overburden; PJX holds 100% of 750 km² in the Sullivan Mining District and may seek partners to test targets.

PJX Resources (OTC: PJXRF) announced a third large Sedex-style target on its Dewdney Trail property in southeastern British Columbia, located ~25 km east of the historic Sullivan mine. PJX highlights a newly found historical adit with massive sulphide boulders and outcrops anomalous in zinc, lead, barium and manganese.

The company holds a 750 km² land package covering multiple target areas (Estella Basin, Lewis Ridge, Grundy Creek) and plans continued drilling and target development in 2026.

PJX Resources (OTC: PJXRF) announced on December 11, 2025 that drilling on the 200 km² Dewdney Trail Property intersected a 63.7 m Quake zone with pervasive zinc, lead and silver mineralization (true thickness ~30 m).

Highlights include Sullivan-style tourmalinite and stacked Sedex bands, discovery of massive-sulphide boulders 800 m south (one assayed 546 g/t Ag, 32.3% Pb, 4.89% Zn), a large multi-element soil anomaly 2 km north, and 100% mineral rights with road, power and rail access ~25 km east of the Sullivan deposit.

Management plans further drilling on newly prospected strike extensions when snow melts, possibly May–June 2026.

PJX Resources (OTC: PJXRF) intends to extend the expiry of 21,610,038 share purchase warrants by 12 months to November 23, 2026, subject to TSXV approval. The Warrants were issued in a private placement on November 24, 2023 and remain exercisable at $0.20 per share with all other terms unchanged.

A total of 726,380 of these Warrants are held by related parties; the company expects to rely on exemptions under MI 61-101 and TSXV Policy 5.9 because insider-held Warrants do not exceed 25% of market capitalization. A material change report will be filed upon TSXV approval.

Exploration work on the Dewdney Trail Property is complete for the season; core and rock samples have been sent for analysis but results will not be compiled before the original warrant expiry, prompting the extension to allow shareholders more time to consider exercise.

PJX Resources (PJXRF) has completed the second tranche of its non-brokered private placement, raising total gross proceeds of $1,652,460. The second tranche consists of 4,714,286 Flow Through Units at $0.14 per unit and 2,000,000 Units at $0.12 per unit, totaling $900,000.

Each unit includes one common share and one warrant, with warrants exercisable at $0.20 for 24 months. The company will pay finders' fees of $36,236 and 283,520 warrants for the first tranche. The proceeds will fund exploration at PJX's properties in Cranbrook, British Columbia, with flow-through funds specifically allocated to eligible Canadian exploration expenses by December 31, 2026.

The company is currently drilling at its Dewdney Trail Property, which is strategically located 20km east of the historical Sullivan Mine, known for critical metals production over 90 years.

PJX Resources (OTC:PJXRF) has completed the first tranche of its non-brokered private placement, raising $752,460 through the issuance of 3,323,285 Flow Through Units at $0.14 per unit and 2,393,334 regular Units at $0.12 per unit.

Each unit includes one common share and one warrant exercisable at $0.20 for 24 months. The company expects to close the second tranche by July 31, 2025. Finders' fees include $36,236 cash and 283,520 warrants. Company insiders participated in the placement, with exemptions from certain regulatory requirements.

Proceeds will fund exploration at the company's Cranbrook, British Columbia properties and general working capital. Flow-through funds will be used for eligible Canadian exploration expenses qualifying as flow-through critical mineral mining expenditures by December 31, 2026.

PJX Resources (PJXRF) has announced a non-brokered private placement to raise $1.65 million through the issuance of 12,430,905 units. The offering includes both flow-through units at $0.14 and regular units at $0.12, with each unit containing one common share and one warrant exercisable at $0.20 for 24 months.

The company will use the proceeds for exploration at its Cranbrook, British Columbia properties, where recent drilling has identified three Sedimentary Exhalative (Sedex) horizons. PJX's exploration program has discovered Sullivan-style mineralization on its 100% owned 200 km² Dewdney Trail Property, with potential for zinc, lead, copper, silver, gold, and critical metals. The property shows promising magnetic anomalies extending over 1.6 km, with surface discoveries of mineralized boulders suggesting similarities to the historic Sullivan mine, which produced over 120 million tonnes of silver-lead-zinc ore.