Ms. Linda Brennan reports

PJX RESOURCES' DRILLING IDENTIFIES VENTING TYPE ENVIRONMENT THAT SUPPORTS SULLIVAN STYLE SEDEX MINERALISATION

Continuing drilling at PJX Resources Inc.'s Dewdney Trail property has encountered geology that supports the potential to discover a sedex-type (sedimentary exhalative) deposit. Of the three holes drilled to date, the deepest into the mountain has intersected a 20-metre (estimated true width) fragmental with abundant to semi-massive sulphide mineralization at 275 metres. The mineralization appears to be predominantly iron sulphide (pyrrhotite and pyrite) with visible trace amounts of copper sulphide (chalcopyrite) and zinc sulphide (sphalerite). This style of mineralization supports a venting environment, which is what occurs at the Sullivan sedex deposit, located approximately 20 kilometres west of the Dewdney Trail property in southeastern British Columbia, Canada.

The source of the Sullivan-style and Sullivan-grade zinc, lead and silver mineralization discovered late last year at surface in boulders in talus material at the base of a mountain slope has not yet been identified by drilling. In addition, the zinc and lead mineralization in outcrop discovered late last year appears to occur in large blocks and/or fragments of stratigraphy that may have collapsed into a sinking basin, which can happen in sedex environments. Additional drilling is required on strike to the north and south as well as higher on the mountain, which is stratigraphically above the fragmental unit. Drilling is also required at depth, stratigraphically below the fragmental unit, because of what appear to be massive iron sulphide clasts in part of the fragmental unit.

John Keating, president of PJX, commented: "We are very pleased with the results from these initial drill holes. What we've encountered in the fragmental appears to be predominantly iron sulphides. However, having visible trace concentrations of zinc and copper sulphide minerals supports a mineralizing system with potential to produce higher concentrations of copper, zinc and/or lead horizontally along strike as well as vertically in multiple sedimentary horizons. This type of transition in mineralization occurs in sedex environments. So far, we have only tested part of the northern edge of the large magnetic anomaly. We are working with New Age Drilling Solutions to bring additional drills to the property and expand testing. The well-mineralized boulders with zinc, lead and silver discovered late last year also support the potential for more significant zinc, lead and/or copper content. Results of our work, along with maps and sections, are expected to be announced when the drilling has been completed and results compiled."

PJX's new discovery potential background

PJX owns 100 per cent of the mineral rights to multiple properties totalling over 680 square kilometres of mineral claims in the Sullivan mining district of southeastern British Columbia, Canada. Exploration in late 2023 discovered boulders and outcrop of Sullivan-deposit-style and Sullivan-deposit-grade mineralization on PJX's Dewdney Trail property, which is over 150 square kilometres in size. The zinc, lead, silver and other critical metal mineralization discovered at surface on the Dewdney Trail property is magnetic and appears to be associated with a strong to moderate magnetic airborne geophysical anomaly that can be traced for approximately 1.6 kilometres. The mineralization and geophysical anomaly have never been drilled.

The geological disclosure and content of this news release have been reviewed and approved by Dave Pighin, PGeo, and John Keating, PGeo (qualified persons for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. Pighin is one of a number of consulting geologists for PJX on the Dewdney Trail property. Mr. Keating is the president, chief executive officer and a director of PJX.

About PJX Resources Inc.

PJX is a mineral exploration company focused on building shareholder value and community opportunity through the exploration and development of mineral resources with a focus on gold, silver, zinc, lead, copper, cobalt and other critical metals. PJX's properties are located in the historical Sullivan mine district and the Vulcan gold belt near Cranbrook and Kimberley, B.C.

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