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

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Post by Betteryear2on Feb 15, 2024 5:10pm

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Post# 35882907

Platinex Confirms Tantalum Discovery

TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Platinex Inc. (CSE: PTX) (OTCQB: PANXF, Frankfurt: 9PX) (“Platinex” or the “Company”) 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 (Rb, Cs, Ta, Nb) and lithium. Although historical government mapping indicated favourable geology in the area, this exploration program was the first time to target rare metals and represents the confirmation of rare metal values in the Axe Lake Deformation Zone (“ALDZ”) in the Muskrat Dam Lake greenstone belt. The Muskrat Dam Critical Minerals Project is held by Green Canada Corporation (GCC), in which Platinex has majority equity ownership.

Platinex Confirms Tantalum Discovery at Muskrat Dam (globenewswire.com)

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