# PJX Resources' Drilling Identifies Sedimentary Exhalative \(Sedex\) Mineralization Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/pjx-resources-drilling-identifies-sedimentary-exhalative-sedex-mineralization--0b435f96-1524-4d83-86e4-c653867a76bb Original source: https://money.tmx.com/en/quote/PJX/news/7350831154085286/pjx-resources-drilling-identifies-sedimentary-exhalative-sedex-mineralization Publisher: tmx Original announcement: 2024-11-12T11:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: PJX Resources Inc. - Ticker: PJX - Exchange: TSX - Region: British Columbia - Primary commodity: Zinc - Secondary commodities: Lead, Silver, Copper - Document categories: Drill results, Other - Extracted: 2026-08-21 09:12:30 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary PJX Resources has completed a first phase of drilling at the Dewdney Trail Property, identifying multiple mineralized sedimentary horizons and a possible feeder vent consistent with a Sedex deposit. While specific assay results for the new drilling are pending, the geological evidence supports a large-scale mineralizing system similar to the Sullivan deposit. Reasoning: The drilling confirms a Sedex-style geological environment with multiple mineralized horizons and feeder vents, providing significant exploration upside near known deposits. - Positive factor: identification of Sedex environment - Positive factor: intersection of multiple mineralized horizons - Positive factor: proximity to Sullivan deposit - Negative factor: assay results for new drilling not yet released - Negative factor: drilling limited by seasonal weather Facts used in scoring: 7 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions the geological disclosure was reviewed and approved by Qualified Persons \(P.Geo\). Evidence · text > reviewed and approved by Dave Pighin, P.Geo., and John Keating P.Geo. **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The project's value is heavily linked to its proximity to the Sullivan and Kootenay King deposits. Evidence · text > similar to drilling across the Sullivan Sedimentary Basin on strike with the Sullivan Deposit. ## Extracted facts Stored fact records: 7. Some facts used in scoring do not have a stored record. ## Drill Results (7) ### Fact 1 [Link to this fact](https://atlas-staging.minestarters.com/news/pjx-resources-drilling-identifies-sedimentary-exhalative-sedex-mineralization--0b435f96-1524-4d83-86e4-c653867a76bb#fact-drill-facts-0) zinc #### Identity - Commodity: zinc - Ticker: PJX #### Geometry - Grade: 5.57 - Grade Unit: % #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-12T00:00:00.000Z Reasoning: High-grade zinc outcrop sample confirms mineralization at surface. - Positive factor: high grade zinc outcrop ### Fact 2 [Link to this fact](https://atlas-staging.minestarters.com/news/pjx-resources-drilling-identifies-sedimentary-exhalative-sedex-mineralization--0b435f96-1524-4d83-86e4-c653867a76bb#fact-drill-facts-1) lead #### Identity - Commodity: lead - Ticker: PJX #### Geometry - Grade: 0.94 - Grade Unit: % #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-12T00:00:00.000Z Reasoning: Lead identified in outcrop sample. - Positive factor: presence of lead in outcrop ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/pjx-resources-drilling-identifies-sedimentary-exhalative-sedex-mineralization--0b435f96-1524-4d83-86e4-c653867a76bb#fact-drill-facts-2) silver #### Identity - Commodity: silver - Ticker: PJX #### Geometry - Grade: 4.41 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-12T00:00:00.000Z Reasoning: Silver identified in outcrop sample. - Positive factor: presence of silver in outcrop ### Fact 4 [Link to this fact](https://atlas-staging.minestarters.com/news/pjx-resources-drilling-identifies-sedimentary-exhalative-sedex-mineralization--0b435f96-1524-4d83-86e4-c653867a76bb#fact-drill-facts-3) zinc #### Identity - Commodity: zinc - Ticker: PJX #### Geometry - Grade: 6.71 - Grade Unit: % #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-12T00:00:00.000Z Reasoning: High-grade zinc boulder found in talus. - Positive factor: high grade zinc boulder ### Fact 5 [Link to this fact](https://atlas-staging.minestarters.com/news/pjx-resources-drilling-identifies-sedimentary-exhalative-sedex-mineralization--0b435f96-1524-4d83-86e4-c653867a76bb#fact-drill-facts-4) lead #### Identity - Commodity: lead - Ticker: PJX #### Geometry - Grade: 2.23 - Grade Unit: % #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-12T00:00:00.000Z Reasoning: Lead identified in boulder sample. - Positive factor: presence of lead in boulder ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/pjx-resources-drilling-identifies-sedimentary-exhalative-sedex-mineralization--0b435f96-1524-4d83-86e4-c653867a76bb#fact-drill-facts-5) silver #### Identity - Commodity: silver - Ticker: PJX #### Geometry - Grade: 16.05 - Grade Unit: g/t #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-12T00:00:00.000Z Reasoning: Silver identified in boulder sample. - Positive factor: presence of silver in boulder ### Fact 7 [Link to this fact](https://atlas-staging.minestarters.com/news/pjx-resources-drilling-identifies-sedimentary-exhalative-sedex-mineralization--0b435f96-1524-4d83-86e4-c653867a76bb#fact-drill-facts-6) copper #### Identity - Commodity: copper - Ticker: PJX #### Geometry - Grade: 0.12 - Grade Unit: % #### Classification - Sample Type: surface #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2024-11-12T00:00:00.000Z Reasoning: Copper identified in boulder sample. - Positive factor: presence of copper in boulder ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.