PJX Resources Inc. announced that 3- Dimensional (3D) inversion and interpretation of airborne magnetic (mag) and MobileMT data by Expert Geophysics has identified a potential large Porphyry Gold-Copper ("PGC") Target on PJX Resources' Zinger Property in the Sullivan Mining District, Cranbrook, British Columbia. Expert Geophysics' airborne MobileMT data has identified a large low conductive anomaly at depth. The PGC target occurs on the edge of the low conductive anomaly.

The Gar Intrusive target with gold in sheeted quartz veins at surface, and the Gar North target also occur along the edge of the anomaly. The large low conductive anomaly may represent an intrusive at depth that could be a common source for the multiple phases of intrusives mapped at surface, and the PGC and Gar North targets. The PGC target occurs adjacent to the Leader granitic porphyry intrusive that is associated with gold and copper occurrences called the Leader and Dug-Dug.

Leader occurrence ­ gold, silver, lead, and copper mineralization occur with quartz veining in a shear in sediments adjacent to the Leader intrusive. The narrow (0.15 to 1.5 metres ("m") wide) vein was identified by historical surface trenching and/or underground workings for approximately 600 m along strike in the 1930s. PJX grab sample of mineralized quartz vein material in 2021 analyzed 10,226 ppb (10.2 g/t) gold, 107 ppm (107 g/t) silver, 2.56% copper, and greater than 10% lead.

Dug-Dug occurrence ­ shear hosted quartz veins with gold and silver mineralization occur within the Leader stock. One of 4 holes drilled by Ruby Red Resources in 2007 intersected 2.91 g/t gold, 394 g/t silver, 2.94% lead, and 3170 ppm (0.31%) copper over 1.27m from 33.2 m - 34.47 m down hole. DLP Resources ("DLP") has announced temporary abandonment of drilling Hole MD22-01 on the Moby Dick claims, which are part of DLP's option of PJX's DD Property.

The hole was started in late April to test an MT anomaly at a depth of about 1700 m. The MT target is on strike with Sullivan type alteration encountered by a hole drilled in 2021 on the adjacent DD claims. Hole MD22-01 hit a major fault and became stuck at approximately 1200 m. The re-drill off a downhole wedge placed at 1150 m had to be abandoned at 1305 m due to poor drilling conditions. The hole was in Middle Aldridge sediments with weak pyrrhotite mineralization and intense sericite alteration with trace tourmaline within the fault zone. DLP has indicated that they plan to continue with the drill program and re-enter Hole MD22-01 at a future date when equipment is available to continue drilling with a smaller core size.