PTX Metals Inc C.PTX

Alternate Symbol(s): PANXF

Metals & Mining Industrial Metals & Minerals

PTX Metals Inc., formerly Platinex Inc., is a Canada-based company, which is engaged in acquisition and advancement of quality projects in prolific Ontario mining camps in Canada. The Company’s assets include a 100% ownership interest in the W2 Copper-Nickel-PGE Project near the Ring of Fire; a 75% interest in the South Timmins Mining joint venture with Fancamp Exploration, which includes the 225 square kilometers Shining Tree Gold Project and the highly prospective Heenan Mallard Gold Project, both of which lie along the Ridout-Tyrell Deformation Zone on strike with IAMGOLD’s Cote Gold deposits. It also has an option to earn a 100% ownership interest in the Muskrat Dam Critical Minerals Project with a primary focus on Lithium located in Northwestern Ontario approximately 125 km northeast of Frontier Lithium’s PAK lithium project. The Project comprises six property blocks, which together cover 12,934 hectares.

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PTX Metals Inc > Brief mention of PTX @ 6:12

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Comment by Mike1McIntoshon Sep 20, 2020 10:09am

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RE:RE:RE:Brief mention of PTX @ 6:12

YBDYBD wrote: Is it safe to assume that Treasury Metals will be doing all the mining for Platinex? And if so at what cost?

I wouldn't think so. Ptx has over 1.5 million in cash to do their own exploration program they have laid out. And the program cost was estimated at 680k ish. 2 mill more warrents that could get cashed in before Oct. 15th I think too. Treasury is on the board now and helping guide but more or less just positioned to come along for the ride. With the large stake they have in PTX it shows a great deal of confidence of what's in the land imo.

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle