Platinex Inc. is pleased to provide an update on its Shining Tree Gold Property in which the Company holds a 75% interest through the South Timmins Mining joint venture with Fancamp Exploration Ltd. . South Timmins holds a 100% interest in the Shining Tree Gold Property which borders Aris Gold's Juby Property as well as a 100% interest in the Heenan Mallard Gold Project which borders IAMGOLD's Côté Gold Project. At [...]
Platinex Inc. is pleased to announce that its wholly owned subsidiary, Endurance Elements Inc. has expanded its W2 Copper-Nickel-PGE and Gold Project near Ontario's Ring of Fire by acquiring 225 additional single-cell mining claims. The total land package at W2 now comprises 1,122 cell units covering 22,094 ha . Notably, Barrick Gold has recently taken on a large land position in the immediate W2 area, staking 1,198 [...]
Platinex Inc. is pleased to announce that it has completed the previously announced private placement raising gross proceeds of $2,700,840 which was oversubscribed due to market demand. In addition, the Company wishes to announce the completion of the binding heads of agreement with Fancamp Exploration Ltd. with respect to advancing the exploration and development of certain gold mineral properties owned by the parties [...]
Platinex Inc. is pleased to announce that it has completed a first tranche of its previously announced private placement raising proceeds of $1.25 million. The financing was announced on February 6, 2023, part of a binding heads of agreement with Fancamp Exploration Ltd. with respect to advancing the exploration and development of certain gold mineral properties owned by the parties located in the Timmins, Ontario mining [...]
Platinex Inc. is pleased to announce that it has entered into a binding heads of agreement dated February 6, 2023 with Fancamp Exploration Ltd. with respect to advancing the exploration and development of certain gold mineral properties owned by the parties located in Ontario in the Timmins mining camp . The Transaction includes several components, pursuant to which Platinex and Fancamp will transfer certain mining [...]
Platinex Inc. is pleased to announce additional information about its recently acquired Muskrat Dam Critical Minerals Project including the appointment of members of an advisory committee to assist the Company with the development of the Project. With additional staking in December 2022, Platinex's Muskrat Dam Property now totals 12,934 hectares which includes the 7,025 hectare Axe Lake property, which shows the potential [...]
Platinex Inc. is pleased to announce that it has closed the previously announced option agreement through which it has the right to acquire a 100% interest in the Muskrat Dam Critical Minerals Project . The Muskrat Dam Project is located in Northwestern Ontario, approximately 125 km northeast of Frontier Lithium's PAK lithium project and 125 km northwest of Newmont's Musselwhite gold mine. The Project comprises 671 [...]
Platinex Inc. is pleased to announce that it has signed a binding letter of intent to option a 100% ownership interest in the Muskrat Dam Critical Minerals Project . The Muskrat Dam Project is located in Northwestern Ontario approximately 125 km northeast of Frontier Lithium's PAK lithium project and 125 km northwest of Newmont's Musselwhite gold mine. The Project comprises six property blocks, which together cover 10,950 [...]
Platinex Inc. is pleased to provide an update on exploration activities at its Shining Tree Gold Project located in the Abitibi region of Ontario, a world-renowned gold district. The Company has adopted a two-pronged approach whereby it is working both to identify new gold targets in several highly prospective and underexplored areas of the 225 km2 land package, including ground along the Ridout-Tyrrell Deformation Zone [...]
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 prospective. Prospecting, geological mapping, litho-geochemical sampling, and [...]
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 geophysical surveys by Aurora Platinum and Temex Resources. The Company has [...]
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 Titanium-Vanadium (Ti-V) discovery made by Aurora Platinum Corporation in 2001 [...]
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