PTX Metals Inc. is pleased to provide an update of the Spring 2024 exploration work programs on the South Timmins Mining Joint Venture gold properties. The properties include the Shining Tree, Heenan and Mallard gold projects, all located along the Ridout-Tyrell Deformation Zone in Ontario's mineral-rich Abitibi greenstone belt. The South Timmins [...]
PTX Metals Inc. is pleased to announce that the Company has closed the first tranche of a non-brokered flow-through private placement raising $300,000 consisting of 7,500,000 units at a price of $0.04 per unit . The Company expects to close a final tranche of the FT Units Offering raising a total of $750,000. The use of proceeds will be used to [...]
PTX Metals Inc. is pleased to provide an update on the Company's inaugural drill program at the W2 Cu-Ni-PGE Project in the "Ring of Fire" region of Northwestern Ontario with the Phase 1 Drill Program proceeding well. Further, modelling of the complete historical resource area is underway with a goal to produce a NI 43-101 compliant resource [...]
PTX Metals Board of Directors is pleased to welcome Jean David Moore to the Board and to appoint Felix Lee as Lead Director. M. Jean-David Moore brings an illustrious career spanning more than fifteen years of experience as a Canadian natural resources’ adviser and as a substantial investor in Canadian mining companies. JD currently serves Director [...]
Platinex is pleased to announce the completion of the name change to PTX Metals Inc. effective February 28, 2024. Management recommended the name change because 'Platinex' no longer accurately describes the Company's expanded portfolio and focus on gold, copper-nickel-PGE projects. Trading will commence under the new name on Wednesday, Feb 28 [...]
Platinex is pleased to announce results from the first phase of diamond drilling on the Heenan Property, part of the Heenan Mallard Gold Project located in the Swayze Greenstone Belt of the Abitibi northeastern Ontario and held through the South Timmins Mining Joint Venture with Fancamp Exploration Ltd. Highlights: The program totalled 611.50 m [...]
Platinex is pleased to announce results from fieldwork at the Muskrat Dam Critical Minerals Project which covers key portions of the Muskrat Dam Lake greenstone belt in Northwest Ontario. Field observations and bulk rock chemical data from samples collected at the Axe Lake claim block in September 2023 have revealed anomalous levels of rare metals [...]
Platinex Inc. is pleased to announce results from its mechanized stripping and channel sampling program at the Ronda claims located in the central area of the district scale Shining Tree Gold Property, Ontario. The Shining Tree Property is held through the South Timmins Mining Joint Venture with Fancamp Exploration Ltd.. The program is the first [...]
Platinex Inc. reports the voting results from its Annual General Special Meeting of shareholders held on January 16, 2024. Shareholders holding 129,324,513 shares or 42.53% of the issued and outstanding shares of the Company were represented in person or by proxy at the Meeting and voted in favour of all matters brought before the Meeting as [...]
Platinex Inc. is pleased to announce the successful acquisition of a major claim package which contains a historical resource within the existing Central Area boundary of Platinex's 100% owned W2 Copper-Nickel-PGE Project located in the "Ring of Fire" region of Northern Ontario. The acquisition includes 19 single cell mining claims from [...]
Platinex Inc. is pleased to announce that the Company has closed the final tranche of flow-through financing with an additional $452,000 to achieve a total financing of $1,972,000 . "We are pleased to have attracted enthusiastic new investors into this financing who recognize the opportunity based on our diversified holdings in two globally [...]
Platinex Inc. is pleased to announce that the Company has closed a $1,520,000 flow through financing of which $525,000 had been previously closed . The Company anticipates closing a final tranche of the FT Offering in the next few days. The financing consists of an issuance of 17,375,000 flow through common shares at a price of C$0.04 per share [...]