Ms. Linda Brennan reports

POTENTIAL FOR MULTIPLE GOLD DEPOSITS TARGETED AT DEPTH USING VTEM TECHNOLOGY

Gold-in-rock grab samples associated with quartz veining can be traced for over six kilometres on PJX Resources Inc.'s Zinger property. Gold values range from being anomalous to over 30 grams per tonne. Recently announced ground geophysics have identified slope-dip structures that appear to correlate with high gold values in soil, up to 4.9 g/t. The company's airborne VTEM (versatile time domain electromagnetic) geophysics has defined what management believes is a large slope-dip structure at depth that expands the potential to have multiple gold deposits.

Early-time VTEM conductivity data have identified areas in the rock that are more resistive (see blue areas on map available on-line). Resistive zones in rock can be associated with areas of increased quartz veining. Gold mineralization on the Zinger property is associated with quartz veining. The early-time map shows the geophysical signature of rocks near surface. As the map displays, gold-in-rock samples taken from outcrops at surface are somewhat coincident with the near-surface resistive zones. This correlation can be traced along the six km long gold-in-rock trend.

Late-time VTEM data show the geophysical signature of rocks at depth. The late-time conductivity map shows a large resistive zone at depth that is over four km long by two km wide (see blue area on the late-time map available on-line). This large resistivity anomaly correlates with the six km long gold-in-rock trend as well as other gold zones found on the Zinger property. Management believes that this sizeable resistive zone represents a large slope dip structure at depth that may be an important controlling factor in the distribution and deposition of gold on the Zinger property.

"The Zinger property has one of the largest gold-in-rock trends that I have come across," stated John Keating, president and chief executive officer. "The discovery of a possible large structural zone at depth that appears to be coincident with gold mineralization at surface supports the potential to have multiple deposits along the six km gold trend. Gold mineralization may be more concentrated at depth where the slope dip structure intersects the vertical fold structures and/or favourable rock types for hosting gold."

Vine property update

Drilling continues to explore for a Sullivan-type (zinc, lead and silver) massive sulphide deposit on the Vine property. Drilling to date supports the potential for a bedded massive sulphide deposit associated with the company's large West gravity anomaly, and a possible folded massive sulphide deposit associated with the large East gravity anomaly. Some of the best sphalerite (zinc) mineralization drilled to date occurs in folded phyllitic rocks above a major regional structure called the Moyie fault. Further drilling is planned to test this folded horizon within and around the East gravity anomaly.

The foregoing geological disclosure has been reviewed by John Keating, PGeo (qualified person for the purposes of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects). 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. PJX's primary properties are located in the historical mining area of Cranbrook and Kimberley, B.C.

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