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Gold Potential
Cranbrook, B.C. Properties
May 2015
(TSX-V: PJX)
Disclaimer
Some of the information in this presentation has been extracted from the prospectus and NI 43101 Technical Report filed on SEDAR (www.sedar.com). Investors should base their investment
decision on information contained in the prospectus and NI 43-101 Technical Report only.
This presentation may contain certain forward looking information relating to expected future
events and financial and operating results of the Company that involve risks and uncertainties.
Readers are cautioned not to place undue reliance on forward-looking statements as there can
be no assurance that the plans, intentions or expectations upon which they are based will occur.
Due to the potential impact of various factors, including the volatility of metal prices, new
information regarding recoverable reserves or resources, market competition, changes in
environmental and other regulations, political changes, and other factors, the Company
disclaims any intention or obligation to update or revise any forward-looking information, where
as a result of new information, future events or otherwise, unless required by applicable law.
Geological information has been reviewed by John Keating, P.Geo. (a qualified person for the
purpose of National Instrument 43-101 Standards of Disclosure for Mineral Projects).
Mr.
Keating is the President, CEO and a Director of PJX.
THIS IS NOT AN OFFER OR SOLICITATION FOR THE PLACEMENT OF SECURITIES.
Gold Potential of PJX Properties
Background
• Historic Mining Area – Placer gold first discovered in 1864
• Source of placer gold in the creeks has never been discovered
• Excellent Infrastructure - roads, power, rail
• Mining friendly communities with experienced work force
Why haven’t the source deposits of placer gold been discovered?
• Fractionated land package prevented concerted exploration – PJX
has consolidated the land and ownership
• Russian and Australian success in discovering large Sediment
Hosted Vein gold deposits provides new exploration models and
techniques that support the gold potential on PJX Properties
WORLDWIDE DISTRIBUTION OF SEDIMENT HOSTED VEIN DEPOSITS
(SHV)
1 – Muruntau – 80M oz, 5 – Sukhoi Log – 20M oz, 6 – Nezhdaninskoe – 16M oz, 10 - Victorian Goldfields/Bendigo - +20M
(Source: Mineral Resources Services Inc. – MRS)
Cranbrook Area Properties
Cranbrook Area Properties fit Sediment Hosted
Vein Deposit (SHV) criteria –
Worldwide SHV
Deposits
Dewdney Trail
Property
Host sandstone is mid to early Proterozoic age
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Host Sandstone was deposited along continental margin
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Alteration assemblage includes sericite, quartz, pyrite, Fecarbonate
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Pyrite was introduced to the system and occurs as euhedral cubes
of varying sizes

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Gold is the only systematically enriched metal
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Spatially associated with placer gold rivers

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Several showings of the same type in close proximity
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Granitic rocks are spatially associated

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Age of mineralization is likely Mesozoic and associated with
several pulses of Mesozoic and Tertiary folding and thrusting

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Cranbrook Area
Placer claims define watersheds with gold potential
Cranbrook Area
PJX Resources’ Claims cover the majority of the watersheds
with gold potential
VISIBLE GOLD (CENTRE OF PHOTOGRAPH) IN HEMATITE FILLED VEIN CUTTING
QUARTZITE HOST ROCK ON THE DEWDNEY TRAIL PROPERTY
Sediment Hosted Vein (SHV) Deposits
Examples of Host Rocks with Gold
(Mineral Resources Services Inc.)
Examples of Dewdney Trail Property
Gold Bearing Rocks Showing
Similarities to SHV Deposits
Lewis Creek
Gold Target
Dewdney Trail Property
Two conceptual cross-sections
showing different interpretations of
folding in relation to the Lewis Creek
and Tackle Creek Targets
(Cross Sections Looking North
prepared by Mineral Resources Services Inc.)
Axial Plane
Lewis Creek
Gold Target
•
Upper Section – Broad
Anticline Fold with west
dipping axial plane
•
Lower Section – Thrust
controlled folding with west
dipping thrust and axial planes.
•
Gold deposits are often
associated with folding
Tackle Creek
Gold Target
Thrust
Fault
Dewdney Trail Target Areas
•
Gold occurs with quartz veins
and stockwork zones in
quartzite and argillite units
•
Over 13 km of strike length of
favourable gold bearing units on
property
•
3 target areas identified to date
with gold deposit potential
– Lewis Area - over 2.5 km gold
in soil trend (open to north
west)
– Tackle Area – 2 km X 2 km gold
in soil zone
– M1 Area – Anomalous gold
values in rock grab samples as
high as 15 g/t, in quartzite (unit
is over 250 m true width)
(Source:
Mineral
Resources
Services Inc.)
Monotonous Shale-Siltstone (>5km)
Dewdney Trail Property
Folding in Sediments
Dewdney Trail Property
Zinger Property
Zinger Property
Geology with “Gold in
Rock” grab samples
• 8 kilometre long gold in
rock trend in sediments
• Gold tends to occur
along regional fold
flexures where sediment
units change from a
steep dip to flat and then
steep again
Cross Section of Gold Zone on West Limb of Fold
(Based on PJX’s 2012 drill hole ZG12-02 and historical holes Z-03-13
and 16 by Chapleau Resources Inc. in 2003)
(0.50 g/t gold over 22.0 metres)
(0.48 g/t gold over 17.5 metres)
Zinger Property
• Two strong gold in soil
anomalies
• West anomaly appears
on same structural
trend as Drill Hole
ZG12-02
• East anomaly has 3
gold in soil values
greater than 1000 ppb
(over 1 g/t)
ZG12-02
(0.5 g/t gold over 22.5 m)
West Grid
East Grid
Zinger Property
West Soil Grid
Gold Anomaly
•
Gold in soils range up to 743 ppb
(0.743 g/t)
•
Median value of 70.0 ppb gold
for the west grid is much higher
than the median value of 9.2 ppb
gold in soils elsewhere on the
property
•
Anomaly occurs in an area where
northeast striking folds are
intersected by northwest striking
extensional faults
•
Anomaly extends off of the grid
•
Anomaly has not been trenched
or drilled
Zinger Property
East Soil Grid
Gold Anomaly
•
Three soil samples have over
1000 ppb (1.0 g/t) gold
•
Highest gold in soil value
4941 ppb (4.941 g/t)
•
Anomaly occurs at the
intersection of a northeast
striking thrust fault and
northwest striking extension
fault
•
Anomaly extends off the grid
•
Anomaly has not been
trenched or drilled
Belt-Purcell
Mineral Deposit Potential
•
Regional underlying Structural Zones appear
to influence location of large deposits and
mining camps
•
Sullivan Mine and Kimberly Gold Trend, occur
above the regional Kanasewich Structural
Zone
–
Vine, Dewdney Trail, Zinger, Eddy and West
Basin Properties also occur above the
Kanasewich Structural Zone
•
Butte, Black Butte, and Blackbird Mines occur
above the regional Great Falls Tectonic Zone
•
Coeur d’Alene, Spar Lake Mining Camps occur
proximal to Lewis and Clark Structural Zone
Directors’ and Officers’ Biographies
•
John Keating, PGeo – Chief Executive Officer, President and Director
Mr. Keating has over 30 years of experience in the mining and exploration industry. He conducted early and advanced stage
exploration with Noranda and was a global commodity analyst for gold, silver, and base metals with the Federal Government of
Canada. During the last 10 years, Mr. Keating was President and Chief Executive Officer for Black Bull Resources and Golden Chalice
Resources. Mr. Keating holds a BSc(Geology) from Concordia University, Montreal, Quebec.
•
Linda Brennan – Chief Financial Officer, Corporate Secretary and Director
Ms. Brennan has been a consultant for 12 years providing strategic advice and organizing and structuring financings to numerous
early stage companies in the junior resource sector. She brings knowledge of finance, accounting and public markets to PJX. She has
also served in the capacity of corporate secretary for several TSXV listed companies. Ms. Brennan holds Business Administration and
Bachelor of Commerce degrees from the University of Victoria and Royal Roads University, respectively.
•
James Clare – Director
Mr. Clare is a member of the Canadian Bar Association and a Partner with Bennett Jones LLP. Mr. Clare practices in the areas of
corporate and securities law, with an emphasis on corporate finance and mergers and acquisitions. Mr. Clare’s practice is focused on
the mining and oil and gas sectors. His transactional experience includes domestic and cross-border public and private corporate
finance transactions, representing issuers and agents as well as merger and acquisitions transactions. He also advises public issuers
on general corporate and securities law matters including stock exchange listings, continuous disclosure obligations and other
regulatory compliance issues. Mr. Clare holds Bachelor of Laws and Bachelor of Arts degrees from the University of Western Ontario
and Acadia University, respectively.
Directors’ and Officers’ Biographies
•Kent Pearson, PGeo – Director
Mr. Pearson is a geologist with over 20 years experience in the mining and capital markets sectors. His background in mining includes
both exploration and production. His capital markets experience includes equity and debt research and investment banking as a vice
president. He is currently president of Locarno Advisory Inc. a boutique advisory firm specializing in corporate mergers and
acquisitions, strategic advisory, asset review and asset disposition. Mr. Pearson holds a BSc (Geology) from the University of Alberta.
In addition, he has earned a MBA from Queen’s University, Kingston, Ontario.
•Somerset Parker - Director
Mr. Parker is currently the Vice President, Marketing Division of Geovic Mining Corporation. Mr. Parker previously held a senior
management role at Jaguar Nickel Inc. As Director of Marketing and Sales for Falconbridge Limited, Mr. Parker negotiated and
managed contracts and sales for Falconbridge products in Latin America, Asia, Europe and Canada during his 14 years with the
company, beginning in 1981. Mr. Parker has developed an extensive network of investor contacts and mining analysts, on a
worldwide basis, including relationships with major banks and securities houses. Mr. Parker holds a Bachelor of Science, University
of Chile.
•Joseph Del Campo – Director
Mr. Del Campo holds a Certified Management Accountant designation. Mr. Del Campo worked for the Falconbridge group of
companies in financial positions, including Controller and Treasurer of Falconbridge Dominicana and Falconbridge Gold Corporation,
a gold mining company with operating mines in Africa and Canada. Over the past 13 years, Mr. Del Campo has been a director and
vice president of finance and chief executive officer at a number of junior exploration companies listed on the TSX and TSXV and is
the former CFO of First Nickel Inc.
PJX Capital Structure
Listed on TSX Venture Exchange (PJX.V)
Share Structure Current as of May 2015
Shares Issued: 50,718,446
Warrants:
24,840,245
Options:
3,252,000
Investment Highlights and Next Steps
– PJX is focused on building shareholder value and community opportunity through the exploration and development of mineral
resources with a focus on gold, silver and base metals (zinc, lead, copper).
– Experienced Management Team and Board with over 140 years of cumulative experience in the exploration and mining
industry.
– Previously fractionated land packages prevented concerted exploration – PJX has consolidated the land and ownership.
– Source deposits of placer gold mined in the creeks have never been discovered.
– New exploration models and geological mapping support the potential for Sediment Hosted Vein (SHV) Gold Deposits.
– SHV deposits can be some of the largest gold deposits in the world, such as Sukhoi Log (+20 million ounces gold) in Russia.
– Multiple Target areas with gold potential have already been identified on PJX’s Dewdney Trail and Zinger Properties.
– Properties are road accessible and close to power, rail, and mining friendly communities of Cranbrook and Kimberley, British
Columbia, Canada.
– Next steps include refining existing gold targets for trenching and drilling.
For Additional Information Contact:
PJX Resources Inc.
5600 – 100 King Street West
Toronto Ontario M5X 1C9
416-799-9205
[email protected]
Attention: Linda Brennan
or visit our web site at:
www.pjxresources.com