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.

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PTX Metals Inc

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Post by mrsgoldmineron Jun 04, 2024 9:26am

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Post# 36070832

PTX Metals is pleased to complete the sale of its Dorothy Pr

 		"PTX Metals is pleased to complete the sale of its Dorothy Project in NW Ontario to Heritage Mining Ltd.

 		We will proceed forward as both an equity position in HML and royalty holder. More importantly we keep our focus and resources on our two-flagship assets: 1) W2 Cu Ni PGE project and 2) South Timmins Gold Projects joint venture with Fancamp. PTX has completed its phase 1 drill program at W2 Project and work is underway in Timmins. We will announce further updates in the near future."