PTX Metals Inc C.PTX

Alternate Symbol(s): PANXF

Metals & Mining Industrial Metals & Minerals

PTX Metals Inc. is a Canada-based mineral exploration company focused on critical mineral projects, including two flagship projects situated in northern Ontario. 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 232 square kilometers Shining Tree Gold Project and the 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. In addition, it holds a portfolio of net smelter return (NSR) royalties on gold, PGE, and base metal properties in Ontario. The Company also has claims staking a large mineral rights position in the Thelon Basin Nunavut, Canada and the Nunavut Uranium Claims.

CSE:PTX - Post by User

PTX Metals Inc

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Comment by Mike1McIntoshon Sep 20, 2020 10:09am

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Post# 31588392

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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