PJX Resource's Sheeted Veins with Gold up to 28 g/t in a Possible Reduced Intrusion Related Gold System (RIRGS) in the Sullivan Mining District

The most recent news (February 26, 2026) announces the identification of the "Gar" target on the Zinger Property. This is described as a Reduced Intrusion Related Gold System (RIRGS), with management drawing comparisons to Snowline Gold’s Valley discovery and Kinross’s Fort Knox. Key data points include a 1,600m x 1,000m intrusion, visible gold in sheeted veins, and historical grab samples up to 28.8 g/t Au. This follows a string of February 2026 updates identifying multiple large Sedex-type targets (Grundy Creek, Lewis Ridge) on the Dewdney Trail property.

The news is categorized as Routine - Positive. While the geological comparisons to Snowline Gold are ambitious, the "Gar" target currently relies on historical soil anomalies and grab samples rather than new, systematic drilling results. - Incremental Progress: This is the third new target area identified in two weeks. It demonstrates the scale of the 750 km² land package but does not yet represent a "discovery" in the economic sense. - Strategic Shift: The mention of seeking partners for the Gar target suggests PJX may be reaching its limit for self-funded drilling across so many large-scale targets, given its current cash position. - Context: The December 2025 news of a 63.7m "Quake zone" intersection at Dewdney Trail remains the most significant technical milestone in the recent history, providing the geological "proof of concept" that the current news builds upon.

PJX Resources is focused on the Sullivan Mining District in SE British Columbia. - Flagship Project: Dewdney Trail Property (Sedex Zinc-Lead-Silver). - Secondary Focus: Vulcan Gold Belt (Zinger and Gold Shear properties). - The "Sullivan" Thesis: The company is hunting for a massive Sedex deposit similar to the historic Sullivan Mine (160Mt @ 6.5% Pb, 5.6% Zn).