Platinex Inc. is pleased to provide an update on its 225 km2 Shining Tree Gold Project located in the Abitibi region of Ontario, a world-renowned gold district. The Company has commenced an exploration program designed to identify new gold targets in five areas located outside the central core of the property that are underexplored yet highly [...]
Platinex is pleased to provide an update on the W2 Copper-Nickel PGE (platinum group elements) project. The Company has recently completed go forward exploration plans at W2. As part of the planning process, historical exploration and drilling data were analyzed, including 10,000 m of drilling by Aurora Platinum and Inco Limited, and airborne [...]
Platinex is pleased to announce that its wholly-owned subsidiary, Endurance Elements Inc., has acquired additional mining claims adjacent to the W2 Copper-Nickel-PGE Project) in the Ring of Fire in Ontario, Canada. The new claims combined with the existing claims cover an 8-10 km long, northeast-trending magnetic high and include the area of a [...]
Platinex Inc. is pleased to announce that the Company has closed the second and final tranche of the non-brokered private placement previously announced on April 5th, 2022, for gross proceeds of $1.93 Million . The final tranche consists of 3,294,000 units at a price of C$0.05 per Unit and 3,800,000 flow through units at a price of C$0.06 per Unit [...]
Platinex Inc. is pleased to announce that the Company has closed a non-brokered private placement for gross proceeds of $1,536,300 . The Company issued 16,060,000 units at a price of C$0.05 per Unit. In addition, the Company issued 12,221,667 flow through units at a price of C$0.06 per Unit. Each Unit and FT Unit consists of one common share and [...]
Platinex Inc. is pleased to announce that it has acquired 63 mining claims adjoining its Shining Tree Project through an agreement with Skead Holdings Ltd. . The acquisition increases the Shining Tree property holdings from 21,847 hectares to 23,219 hectares and covers area in the central western portion of the Project . The new acquisition covers [...]
Platinex Inc. is pleased to announce that its wholly owned subsidiary, Endurance Elements Inc. has acquired 149 mining claims located along the western boundary of the W2 Copper-Nickel-PGE Project in Ontario's Ring of Fire . The additional 2,932 hectares of ground brings the W2 land package to 15,973 hectares . Endurance Elements holds a 100 [...]
Platinex Inc. is pleased to announce the appointment of Sam Kiri, CFA to the company's Board of Directors, where he will chair the Audit Committee. Sam has over 20 years capital markets and asset management experience in North America, Europe, and the Pacific Rim, with a primary focus on the mining and energy sectors. He was an equity analyst for [...]
Platinex Inc. is pleased to announce that its wholly owned subsidiary, Endurance Elements Inc. has acquired, through low-cost claim staking, 198 mining claims contiguous with existing claims at the W2 Copper-Nickel-PGE Project in Ontario's Ring of Fire . The new claims cover 3,897 hectares and represent a 42.7% increase in the total W2 land package [...]
Platinex Inc. is pleased to announce that it has closed the acquisition of a 100% ownership interest in the W2 Copper-Nickel-PGE Project . The W2 Project controls one of the major Oxford Stull Dome complexes and includes over 5 km of strike length of known Cu-Ni-PGE mineralization within a large land package located near the Ring of Fire [...]
Platinex Inc. is pleased to announce the appointment of Greg Ferron to the position of interim CEO effective immediately. Greg has been a director of Platinex since September 2020. The appointment follows the retirement of the Company's Founder and CEO, Jim Trusler, who will remain Non-Executive Chairman and a key member of the technical team. Mr [...]
Platinex Inc. is pleased to announce initial results in connection with a portion of the planned Phase 1 drilling program conducted on the Shining Tree property and completion of magnetic data synthesis and magnetic inversion modelling. A short video showing the relationship between some of the data indicating prime exploration targets is on the [...]
