Gold and

Base Metal (Zinc, Lead, Copper)

Potential

January 2020(TSX-V: PJX)

Some of the information in this presentation has been extracted from the prospectus and NI43-101 Technical Report filed on SEDAR (www.sedar.com). Investors should base theirinvestment decision on information contained in the prospectus and NI 43-101 TechnicalReport only.

This presentation may contain certain forward looking information relating to expectedfuture events and financial and operating results of the Company that involve risks anduncertainties. Readers are cautioned not to place undue reliance on forward-lookingstatements as there can be no assurance that the plans, intentions or expectations uponwhich they are based will occur.

Due to the potential impact of various factors, including the volatility of metal prices, newinformation regarding recoverable reserves or resources, market competition, changes inenvironmental and other regulations, political changes, and other factors, the Companydisclaims 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 byapplicable law.

Geological information has been reviewed by John Keating, P.Geo. (a qualified person for thepurpose 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.

Disclaimer

2

PJX Resources - Business StrategyFocus on Exploration/Discovery Stage - Greatest Value for Investors

PJX – Approximate Current Location in Life Cycle

Source – Retrieved from http://www.geologyforinvestors.com/ June 25, 2018.. 3

How to Minimize Risk & Maximize Opportunity

• Experienced Management Team – Over 120 years of Experience.

• Focus on Existing Mining Camp – Proven track record for discovery and existing

infrastructure reduces exploration and mining costs.

• Consolidate Quality Assets – Large Mineral Tenure Holdings in Undervalued Mining

Camp (over 50,000 Hectares).

• Capitalize on the Past - Tremendous wealth of historical data in an existing mining

camp.

• Compile Historical Data and Infill Data Gaps – New State of the Art Mapping,

Technology (geophysics, geochem) and Modelling.

• Develop Multiple Quality Target Areas to Test - Over 20 Areas.

• Strategically and Systematically Test each Area – Exploration results and

knowledge gained in one area can help explore and test other areas.

4

PJX RESOURCES’ GOLD & BASE METAL PROPERTIESCranbrook Area of British Columbia

• Opportunity to discover new deposits isoften greater in existing mining camps.

• PJX owns mineral title to 8 Properties(over 50,000 hectares) in historicalSullivan Mining Camp.

• 8 million tonnes of zinc, 9 milliontonnes of lead, and over 285 millionounces of silver were extracted fromSullivan Mine concentrate during thebase metal mines’ 90 years ofoperation.

• Gold was first discovered in the creeksin the Cranbrook area in 1864.

• Gold deposits and Base Metal depositsare known to occur in the same miningcamp (see next slide).

5

Base Metal Deposits (red dots) and Gold Deposits (yellow dots)

both occur in the Timmins, Noranda and Val d’Or Mining Camps(Deposits occur along or proximal to major structural Fault Zones (black lines) )

6

Historical Mining Campin the Cranbrook Area

(Placer Gold and Sullivan Base Metal Mine)

• Placer Gold was first discovered in1864 in Wildhorse, Perry andMoyie Creeks.

• Estimated over 1.8 million ouncesof placer gold was mined fromWildhorse Creek alone.

• Placer mining goes on today(yellow areas on map) in 3 creekdrainages.

• Sullivan Mine began production inearly 1900’s and operated for over90 years until closing in 2001.

• Gold and Base MetalMineralization occur along orproximal to major Structural FaultZones.

7

Cranbrook PropertiesGold and Base Metal

Potential

• PJX owns mineral rights to 8Properties (over 50,000 hectares).

• Dewdney Trail, Zinger, Eddy andGold Shear Properties coverheadwaters of Placer Gold Creeks.

• Vine, DD and West Basin Propertieshave potential to host Sullivan orBroken Hill Type (zinc-lead-silver)deposits.

• New sediment-hosted Copperdiscovery (Summer-Fall 2018) onParker Copper Property. Potentialfor Montanore, Spar Lake, RockCreek or Kamoa type sediment-hosted copper deposits.

• Estimated over $20 million inhistorical work by other explorersavailable to PJX.

8

Gold Shear Property(David Gold Occurrence)

• PJX optioned Gold ShearProperty in January 2018.

• Historical inferred resource forthe David occurrence isestimated to be 96,000 tonnesgrading 13.08 grams per tonnegold (uncut) or 7.11 grams pertonne gold (cut).

• Resource estimate is from areport by Bapty Research Ltd.,1991, and quoted by the B.CMinistry of Energy Mines, andPetroleum Resources’ MinfileRecord Summary (082FSE108).

• The historical estimate was not preparedusing the resource categorizations set out inNI 43-101. PJX management is not aware ofany more recent resource estimate and is nottreating the historical estimate as currentmineral resources or reserves, as a qualifiedperson has not done sufficient work toclassify the historical estimate.

9

High-Grade Gold Mineralization - 196.69 g/T (5.74 oz/t) gold) over 0.8 metres

David Gold Zone Core(Historical Drill Holes 90-21 & 91-43)

Some core with sulphide sections are weak to moderately conductive

10

Geology Mapwith

Drill Holes

• Eight of 12 rock grab samples taken by PJX from the David Gold Zone at surface have over 68 g/t gold, the highest is 193.90 g/t gold.

• David Gold Zone can be traced at surface for 150 metres.

• PJX drilling suggests the David Gold Zone may plunge to the north along the David Shear.

• Potential for additional gold zones at depth and on strike along the David Shear, and also along the West Shear.

11

• Multiple phases of quartz veining occur within and adjacent to the main David shear. The main shear is anomalous in gold, in the 100s of ppb and varies in thickness from 1.2 to 4.5 metres true width.

• High-grade gold mineralization, up-to 54,765 ppb (54.76 g/t), appears to occur as a zone in the main shear and varies in thickness from of 0.5 to 1.0 m true width.

• Hole GS-19-07 (not on this section) returned the best weighted average for gold across the David shear of 25.07 g/t gold over 2.1m true width.

• High-grade gold mineralization can be traced from surface down the shear for 100 metres.

• The shear continues to depth but with only anomalous gold. However, the location of high-grade gold mineralization at surface relative to gold mineralization in the holes suggests the high-grade gold mineralization may plunge to the north along the David shear.

12

Gold Shear Property

• 3-Dimensional modelling of historical drilling data, from the 1990’s, on the David Gold Zone also suggests an apparent plunge to the north for gold mineralization.

• This apparent north plunge corresponds with geology mapped at surface by PJX.

• The David Zone has been tested by historical drilling to about 100 metres deep (1800 m elevation).

• Gold mineralization occurs elsewhere on the Gold Shear Property and these areas may represent additional untested gold zones.

13

14

• Sulphide mineralization associated with some of the gold mineralization at the David Zone is weakly conductive.

• Modelling of VLF Geophysics by Salt Spring Imaging Ltd. has identified a weakly conductive large target area (red on section) at depth below recent and historical drilling, and below 1700 metres elevation.

• Parts of the large geophysical target area appear to dip north, similar to the possible plunge of the David Gold Zone.

• The large weakly conductive target may represent multiple parallel zones dipping or plunging north along the David shear or a parallel shear, similar to the way ore shoots form at some gold deposits.

• Additional geophysical target areas occur to the north.

Gold Shear PropertyPotential and Next Steps

• Drilling by PJX confirmed the presence of high-grade gold mineralization at the David GoldZone that was first discovered in 1990 and has not been explored since 1996.

• High-grade gold mineralization can be traced from surface down the shear for 100 metres.

• PJX’s surface sampling and mapping combined with recent drilling suggest the high-gradegold mineralization may plunge to the north along the David Shear.

• Geophysics has identified a large target area at depth that may represent multiple parallelgold zones dipping or plunging north along the David shear or a parallel shear. This would besimilar to the way ore shoots form at some gold deposits.

• The geochemical signature of the gold zone and locally associated minerals (aquamarine-beryl, K-spar) suggest an intrusive source for the gold bearing fluids. This supports thepotential for a large system with potential for multiple deposits.

• In early 2019, PJX received a five-year permit from the government to drill on the Gold Shearand Eddy Properties.

• Results of the 2019 (first phase) of drilling to test the David Gold Zone will be used to guidedrilling planned to test potential down dip and down plunge extensions of the high-gradegold mineralization this Summer.

15

Zinger PropertyGold Potential

• Large Zinger Property coversthe head-waters of Perry Creekwhere placer gold was firstextracted in the late 1800’s.

• Gold has been found in quartzveins for over 6 kilometres onthe property with valuesranging up-to 34 g/t gold.

• Folding, deep seated structuresassociated with the regionalKanasewich (Vulcan) StructuralZone, and felsic intrusivessupport the potential forOrogenic and Pluton relatedgold deposits.

16

Enlarged view of approximately 40 of the 898 grains of gold extracted from a soil sample on Zinger Property’s East Soil Grid.

17

Large Gold Target Area

• Gold mineralization occurs ingrab samples of quartz veins atsurface for over 6 kilometresalong strike.

• Quartz veins are a resistive typeof material.

• Airborne VTEM geophysicalsurvey has identified a largeresistive zone (blue area) atdepth (300 – 600 metres).

• Resistive zone (blue area)represents a large target area ofpotential quartz flooding andgold mineralization at depth.

• Target area is over 4 km long and2 km wide and has a size with thepotential to host multiple golddeposits.

18

Zinger PropertyPotential and Next Steps

• Zinger Property covers 20 kilometres of geology favourable to host gold andcopper deposits.

• Potential exists for world class Orogenic and/or Pluton related - Thermal AureoleGold (TAG), or Sediment Hosted Vein (SHV) gold deposits, such as Sukhoi Log ( >25million oz gold).

• Gold mineralization (anomalous to 34 g/t gold in grab samples) can be traced inrocks and soil for over 6 kilometres along a large vertical dipping structure.

• Preliminary drilling intersected geology and anomalous gold mineralization thatsupport the potential for multiple gold discoveries near surface and at depthwhere 2 fold structures are projected to intersect.

• Additional geophysics and drilling is planned for the Zinger Property.

19

Vine Property(Zinc-Lead-Silver-Gold)

• Gravity Geophysics identifiedtwo large target areas withpotential to host massivesulphide deposits (East andWest Gravity Targets).

• East and West Targets may hosta flat lying massive sulphidebody similar in style to aSullivan type deposit.

• East Target also has potentialto host folded massive sulphidebody similar in style to theBroken Hill type deposit inAustralia.

20

Vine Core Facility and Core Racks (February, 2015)

Vine Vein

Vine Property (Zinc-Lead-Silver-Gold in veins first discovered in 1976)

21

22

• Detailed ground GravityGeophysical Surveys haveidentified 2 Gravity TargetAreas (East and West targets)on the Vine Property.

• Gravity identifies changes inrock density.

• Massive sulphide mineralizationfound at the Sullivan Deposit isvery dense material that couldform a gravity anomaly.

• The large anomalies (red areas)may represent sedimentarybasins or grabens hostingmassive sulphide deposits.

Ohm-m

Ohm-mOhm-m

Less Conductive

More Conductive

More Conductive

Less Conductive Less Conductive

More Conductive

Large MT Target

Shallow MT Target

Metres

Magnetotelluric (MT) Targets

(3-Dimensional Image)

MT Targets and Magnetic Anomaly

(3-Dimensional Image)

Cross Section through MT Targets and Magnetic Anomaly

(3-Dimensional Image)

Magnetic Anomaly

(3-Dimensional Image)

Metres

Metres Metres

Magnetic Anomaly

• Massive Sulphide deposits, like the Sullivan, can be conductive and magnetic. Shallow and Large Magnetotelluric (MT) Targets are conductive.

• Large MT target has a strike length of about 800 metres (m), starts about 600m deep and can be followed to depth for over 2 kilometres (km).

• Large MT Target appears to be coincident with a Magnetic anomaly (see Cross-Section through MT Targets and Magnetic Anomaly).

• Coincident conductive and magnetic signatures of Large Target supports potential for massive sulphide mineralization that could contain zinc, lead, and/or copper.

More Magetic

Less Magetic

Vine Property(Looking Northeast)

Surface Topography Surface Topography

Surface Topography Surface Topography

Ele

va

tio

n M

etr

es

Ele

va

tio

n M

etr

es

Ele

va

tio

n M

etr

es

Ele

va

tio

n M

etr

es

0

00

500

500 500

-2000

-2000 -2000

600

584000 585000 586000

584000 585000 586000

584000 585000 586000586000585000584000

23

24

Massive Sulphide in New Massive Sulphide (NMS) Horizon intersected in hole VA19-48NMS Horizon is from 777.1 metres (m) to 782.6 m depth

NMS Horizon has 4 separate layers of massive sulphide totalling 3.5 m true widthOne layer (1.4 m thick) graded 5177 ppm (0.52%) copper, 6320 ppm (0.63%) lead, 4526 ppm (0.45%) zinc and 7.6 ppm (7.6 g/T)

silver with anomalous nickel (195 ppm) and cobalt (263 ppm)

25

Sample taken from Vine Vein at surface approximately500 metres southeast of KV90-41.

KV90-41 intersected 3.4 metres of massive sulphide averaging 5.6% lead, 2.7% zinc and 1.2 ounces/ton silver at a depth of 756 metres.

Massive Sulphide in Vine VeinRemobilized Sphalerite (zinc) clasts in massive sulphide

Sphalerite (zinc) clasts

New Massive Sulphide Zone in Hole VA19-48 appears to be open on Strike and Down Dip (see Sections XV and YV)

26

• Large MT target has an estimated 800 metre north to south strike length and can be traced down dip for over 2,000 metres to the west-northwest.

• New Massive Sulphide (NMS) Zone in hole VA19-48 is very conductive and occurs at the top of the large MT target. See Section XV.

• Massive Sulphide Zone intersected by historical hole KV90-41, drilled in 1990 by Kokanee Exploration, appears to occur at the same stratigraphic

horizon as the NMS zone in VA19-48. See Section YV.

• The 2 massive sulphide intersections are over 700 metres apart.

Extensive New Massive Sulphide HorizonVine Section YV(looking northwest)

• New Massive Sulphide (NMS) Zone intersected at 777 m in hole VA19-48 occurs below the Footwall Quartzite rock unit.

• Massive Sulphide Zone intersected at 756 m in hole KV90-41, drilled in 1990 by Kokanee Exploration, also occurs below Footwall Quartzite.

• These two drill hole intersections are over 700 metres apart.

• The 2 intersections are located below the Footwall Quartzite and this supports that they may be part of an extensive New Massive Sulphide (NMS) Horizon.

• The grade of mineralization in KV90-41 is significant (3.4 metres of 5.6% lead, 2.7% zinc and 1.2 ounces/ton silver).

• VA19-48 may be proximal to a vent given the 80-metre thick granofels alteration and 30-metre thick massive recrystallized carbonate zone that occur in the hole.

• The Sullivan massive sulphide deposit occurs proximal to vents.

27

Section YV – looking northwest

Drilling identifies Massive Sulphide and Sullivan type geological setting (Section XV – looking north-northeast)

28

• Massive Sulphide Zone with 4 layers of iron-sulphide containing anomalous copper, zinc, lead and silver was intersected from 777.1 metres (m) to 782.6 m in drill hole VA19-48.

• One layer graded 5177 ppm (0.52%) copper, 6320 ppm (0.63%) lead, 4526 ppm (0.45%) zinc and 7.6 ppm (7.6 g/T) silver with anomalous nickel (195 ppm) and cobalt (263

ppm) over 1.4 m true width.

• The highly conductive Massive Sulphide mineralization appears to be conformable with bedding and is inferred to extend to depth and along strike based on Magnetotelluric

(MT) Geophysics.

• Granofels alteration zones up-to 80 m thick have been discovered below the massive sulphide mineralization.

• Similar Granofels alteration occurs beneath and adjacent to massive sulphide at the Sullivan Deposit.

• Iron-sulphide core at the Sullivan Deposit is flanked by high grade zinc-lead-silver mineralization. The same increase in grade may occur on-strike and down-dip from the iron-

sulphide zones in hole VA19-48.

Large MT Geophysical Target is coincident with New Massive Sulphide Zone (Section XV – looking north-northeast)

• MT geophysical surveys are used to identify conductive mineralization.

• Massive Sulphide Zone in hole VA19-48 is very conductive and occurs at the top of the large MT target.

• Large MT target has an estimated 800 metre strike length and can be traced down dip for over 2,000 metres.

• In addition, Granofels alteration is considered to occur in areas with high heat flow.

• Sullivan Deposit occurs in an area with Granofels alteration and high heat flow along major structures, like the Moyie Fault.

• Given the significant thickness of the MT target, there is potential to discover additional bedding conformable mineralized zones at depth and/or massive sulphide feeder type deposits

possibly associated with high heat flow areas and the Granofels alteration zones.

29

30

• Only 7 holes have tested the New Massive Sulphide (NMS) Horizon.

• Two holes (VA19-48 & KV90-41) intersected massive sulphide mineralization in the NMS Horizon.

• The two holes are about 700 metres apart, which suggests potential for a laterally extensive NMS horizon similar in style to the

Sullivan Deposit.

• Single MT geophysical survey line to the northwest suggests that the Large MT is laterally extensive.

• Large MT anomaly appears to correlate with the NMS horizon in hole VA19-48.

Magnetotelluric (MT) Geophysics by Quantec Geoscience - data presented in Geosoft Viewer

CPR Quarry

CPR Railyard

View looking west from the Vine Property’s West Gravity Target toward CPR’s Railyard and Rock Quarry

Highway 3

31

Vine PropertyTarget Locations and

Infrastructure

• Target areas are located 12 km southof Cranbrook, British Columbia.

• Property is accessible by road yearround.

• Highway 3, CPR Rail, and 2 PowerTransmission Lines cross the Property.

• CPR Rail Yard for loading rock from aCPR quarry is located within a fewkilometres of the target areas.

• CPR Rail line was used to transportzinc-lead-silver concentrate from theSullivan Mine (North of Cranbrook)through the Vine Property to Teck’sMetallurgical Complex in Trail, BritishColumbia.

32

Rail LinesWestern Canada and

Northwest USA

• Vine Property is approximately 120 kmeast of Teck’s Metallurgical Complex inTrail, BC.

• Some 8 million tonnes of zinc, 9 milliontonnes of lead, and over 285 millionounces of silver were produced fromprocessing Sullivan Mine concentrate atthe Trail Met Complex.

• Sullivan Mine produced concentrate forover 90 years before being closed in2001.

• Vine Property is road accessible andlocated near rail, power and a localworkforce.

Vine Property

33

Vine PropertyPotential and Next Steps

• Exploration has identified 2 large target areas (West and East Gravity Targets) that could each host amassive sulphide (zinc-lead-silver) discovery similar in style to the relatively flat lying Sullivan Deposit orfolded and more vertical oriented Broken Hill Deposit.

• Detailed Magnetotelluric (MT) survey in November 2018 identified a shallow and a large deep conductiveMT targets. The large MT target is of a size that could host a Sullivan or Broken Hill size deposit.

• A New Massive Sulphide (NMS) Zone with 4 layers of massive iron sulphides and anomalous zinc-lead-copper and silver mineralization was intersected in the second hole to test the Large MT Target in 2019.

• The NMS zone appears to occur at the same geological horizon as a 3.4 metre massive sulphide zonegrading 5.6% lead, 2.7% zinc and 1.2 ounces/ton silver intersected 700 metres to the south in an historicalhole drilled in 1990. No other holes have been drilled to test this horizon between these holes, or onstrike and down dip to the north and west.

• Geological setting is similar to what occurs at the Sullivan Deposit located 35 kilometres north of the VineProperty. The core of the Sullivan massive sulphide deposit is largely composed of iron-sulphides.Mineable zinc, lead, silver and other sulphide concentrations occur around the core.

• Permits are in place to continue to drill and test the NMS zone and other target areas on the VineProperty.

• Next Steps – Recent down hole geophysics suggests the 2019 drill hole only intersected the edge of theNMS zone and the zone continues laterally away from the drill hole. Drilling is planned this winter toexplore the NMS zone for increased concentrations of zinc, lead, copper and silver.

34

New Copper Discovery(September 2018)

• New Sediment Hosted Coppermineralization has been discoveredat surface by prospecting in the 100year old Sullivan mining camp.

• Style of copper mineralization andgeological environment support thepotential for sediment-hostedcopper type targets similar to theMontanore, Spar Lake and RockCreek copper-silver deposits locatedacross the border in the UnitedStates.

• Over 6,000 hectares of new mineralclaims have been staked. This newarea is called the Parker CopperProperty.

New Copper Discovery

35

Parker Copper Property Discovery

• Strata-bound, disseminated, and fracturecontrolled copper sulphide mineralization,including chalcocite and bornite occur overa 2 metre thick stratigraphic horizon thathas been traced in outcrop for at least 800metres.

• Copper sulphides are best developed inmultiple strata-bound lenses/bands up to 3mm across in the 2 metre thick stratigraphichorizon comprised of thin to mediumbedded greenish-grey argillite-siltite andfine-grained quartzite.

• The reduced green rock unit is similar torocks hosting sediment hosted copperdeposits, including the large Kamoa depositin Congo.

Bornite/Chalcocite

(Copper Minerals)

36

Parker Copper PropertyPotential and Next Steps

• This significant new copper discovery has never been explored, eventhough it occurs at surface in the historical Sullivan mining camp.

• Copper mineralization occurs in a 2 metre thick sedimentary horizon thathas been followed along strike for over 800 metres.

• PJX has staked over 15 kilometres of favourable geology with potential forsediment-hosted-copper deposits.

• Prospecting and mapping are underway to help assess the extent ofcopper mineralization across the large property. These results will be usedto focus geophysics and other work to refine targets for drilling planned in2020.

37

Next Steps

• PJX to continue to drill and expand therecently identified new massivesulphide zone with zinc-lead-copper-silver mineralization on the VineProperty.

• PJX to drill and explore the high-gradegold zone and potential additional goldzones on Gold Shear Property.

• PJX to explore large gold targets on theZinger Property.

• PJX to explore new sediment hostedcopper discovery on strike and atdepth on the Parker Copper Property.

• PJX to explore multiple gold targetsidentified on the Eddy and DewdneyTrail Properties.

38

Directors’ and Officers’ BiographiesExperienced Management Team and Board of Directors

Over 120 years of Mineral Industry Experience

• John Keating, PGeo – Chief Executive Officer, President and DirectorMr. Keating has over 35 years of experience in the mining and exploration industry. He conducted early and advanced stageexploration with Noranda and was a global commodity analyst providing supply, demand and price forecasting for gold, silver, andbase metals, and negotiated the resolution of tariff and non-tariff barriers to trade in metals for the Federal Government of Canada.Previously, Mr. Keating was President and Chief Executive Officer for Black Bull Resources and Golden Chalice Resources. Mr. Keatingholds a BSc(Geology) from Concordia University, Montreal, Quebec.

• Linda Brennan – Chief Financial Officer, Corporate Secretary and DirectorMs. Brennan has over 20 years of providing strategic advice and organizing and structuring financings to numerous early stagecompanies in the junior resource sector. She brings knowledge of finance, accounting and public markets to PJX. She has also servedin the capacity of corporate secretary for several TSXV listed companies. Ms. Brennan holds Business Administration and Bachelor ofCommerce degrees from the University of Victoria and Royal Roads University, respectively.

• James Clare – DirectorMr. Clare is a member of the Canadian Bar Association and a Partner with Bennett Jones LLP. Mr. Clare practices in the areas ofcorporate and securities law, with an emphasis on corporate finance and mergers and acquisitions. Mr. Clare’s practice is focused onthe mining and oil and gas sectors. His transactional experience includes domestic and cross-border public and private corporatefinance transactions, representing issuers and agents as well as merger and acquisitions transactions. He also advises public issuerson general corporate and securities law matters including stock exchange listings, continuous disclosure obligations and otherregulatory compliance issues. Mr. Clare holds Bachelor of Laws and Bachelor of Arts degrees from the University of Western Ontarioand Acadia University, respectively.

39

Directors’ and Officers’ Biographies• Kent Pearson, PGeo – Director

Kent Pearson is a professional geologist with more than 30 years of experience in the mining industry and in the capital marketssector. His mining experience spans from grassroots exploration through to mine production. In the capital markets sector, hisbackground includes equity and debt research experience as well as executive roles in investment banking in the resources sector.Since 2008, Mr. Pearson is President of Locarno Advisory Inc., a firm that specializes in mergers and acquisitions, mineral and miningasset review and disposition and strategic planning. Kent holds a Bachelor's Degree in Geology from the University of Alberta and anMBA from Queen's University.

• Joseph Del Campo – DirectorMr. Del Campo holds Chartered Professional Accountant (CPA) and Certified Management Accountant (CMA) designations. He beganhis career with Falconbridge Limited and spent over 19 years working within the Falconbridge group of companies at progressivefinancial positions, including Controller and Treasurer of Falconbridge Dominicana, a ferronickel operation in the DominicanRepublic; and Falconbridge Gold Corporation, a gold mining company with operating mines in Africa and Timmins, Ontario. Over thepast 20 years, Joseph has been a Director and Vice President, Finance and Chief Financial Officer (CFO) of a number of juniorexploration companies listed on the TSX and TSX Venture Exchange.

• Dr. Trygve Hoy, P.EngDr. Hoy is a Professional Engineer with 45 years of mineral industry experience working as a research economic and explorationgeologist with the British Columbia Department of Mines prior to consulting on mineral properties for the private sector. Hisexperience and expertise spans most metallic deposit types including: Sullivan zinc-lead-silver deposit, Sedex copper deposits,Copper-gold porphyry deposits, and gold vein and epithermal gold deposits. Trygve received his BSc (Geology) from the Universityof British Columbia, his MSc (Geology) from Carleton University, Ottawa, his Doctorate of Geology from Queens University, Ontarioand Geological Engineering Degree from the University of British Columbia in 1976.

40

PJX Capital StructureAs of January, 2020

Shares Issued: 108,154,294Warrants: 40,102,017 Options: 9,400,000Fully Diluted: 157,656,311

Cash at December 31, 2019 $ 1,250,000Outstanding warrants at $0.25: $ 10,025,504Outstanding options at $0.22: $ 2,068,000

$13,343,504

In Summary:

• PJX owns 100% mineral rights to large land package in historical mining camp.

• Over $20 million in historical data has been compiled.

• Data Gaps addressed by new exploration technologies and techniques.

• Numerous large gold, silver, zinc-lead, and copper targets have been identified.

• Targets occur within one of the largest structural breaks/bends that can be found in a major mining camp.

• Experienced work force and excellent road, rail and power infrastructure.

• Ready to make a discovery.

For Additional Information contact:PJX Resources Inc.

5600–100 King Street West, Toronto Ontario M5X 1C9416-799-9205

or visit our web site at: www.pjxresources.com41