Platinex Inc. reports that the first 38 samples of till collected at surface this year have been processed for gold grain content by Overburden Drilling Management of Nepean, Ontario which returned a high value of 207 gold grains in one sample of which 116 grains are pristine and modified. The average grain count in the 38 samples is 21. This is a continuation of a program on the core 16% of the property previously [...]
Platinex Inc. is pleased to provide an update on the ongoing exploration program at Shining Tree Gold Project, Ontario which consists of a mechanical stripping and channel sample program in the Caswell area, geological mapping and sampling and a geochemical till sampling program in advance of IP surveys and a drilling program. In this work, Platinex has located a previously unknown shear zone north of the known extent of [...]
Platinex Inc. has vested its option in the Skead-Ashley Option which is part of the Shining Tree property . The Shining Tree Gold Property is the largest holding in the Shining Tree gold district at 20,750 hectares situated along the Ridout-Tyrrell trend between the Juby deposit owned by Caldas Gold to the east and the mine development-stage Cote Gold deposit to the west owned by IAMGOLD. As a result of vesting its option [...]
Platinex Inc. is providing an update on the active exploration program of the Caswell prospect and additional work in progress on the Shining Tree property in the Abitibi greenstone belt of Northern Ontario, . The Shining Tree property is the largest holding in the Shining Tree gold district at 20,750 hectares situated along the Ridout-Tyrrell trend between the Juby deposit owned by Caldas Gold to the east and the mine [...]
Platinex Inc. and Transition Metals Corp. jointly announce that they have entered into an agreement respecting sharing of data and conceptual knowledge for conducting collaborative exploration work on their adjoining properties in the Shining Tree area of Ontario. The joint exploration programs will initially focus on developing a greater understanding of the controls on mineralization to optimally target drilling within [...]
Platinex Inc. is pleased to announce that Mr. Olivier Crottaz and Mr. Max Pluss have been appointed to the Company’s Finance Advisory Committee reporting to Committee Chair, Mr. Greg Ferron. The role of the committee is to provide financial guidance and strategic direction to the Board of Directors on matters related to capital markets, corporate finance and M&A. Mr. James R. Trusler, Chairman of Platinex, stated, “We are [...]
Platinex Inc. is pleased to provide an update on the active exploration program of the Caswell prospect at Shining Tree property in the Abitibi greenstone belt of Northern Ontario, . The Shining Tree property is the largest holding in the Shining Tree gold district at 20,750 hectares situated along the Ridout-Tyrrell trend between the Juby deposit owned by Caldas Gold to the east and the mine development-stage Cote gold [...]
Platinex Inc. is pleased to announce that it has commenced a comprehensive exploration program on its Shining Tree property in the Abitibi Greenstone Belt of northern Ontario. The property is the largest holding in the Shining Tree Gold District at 20,750 ha situated along the Ridout-Tyrrell trend between the Juby deposit to the east and the mine development stage Cote Gold deposit to the west. The development of a new [...]
Platinex Inc. is pleased to announce that Mr. Greg Ferron has been appointed to the Platinex Board as an independent director, effective today, and that Mr. Gary Galitsky will be stepping down. Mr. Ferron will chair the newly formed finance committee. Mr. James R. Trusler, Chairman of Platinex, stated, “We are thrilled to have Greg join our Board. His experience in both the mining and capital markets sectors will [...]
Platinex Inc. is pleased to announce that it has completed its previously announced non-brokered private placement , issuing a total of 13,722,000 units for gross proceeds of $960,540 with a lead order from Palisades Goldcorp. Each Unit consists of one common share of the Company and one common share purchase warrant of the Company. Each Warrant entitles the holder to acquire one additional Common Share at an exercise [...]
Platinex Inc. is pleased to announce that Mr. Graham Warren has been appointed as Chief Financial Officer and Corporate Secretary of the Company, effective today, and that Mr. Carmelo Marrelli has resigned, effective today. Ms. Lori Paradis, is assuming the role of Assistant Secretary. Mr. Warren is a Chartered Professional Accountant specializing in resource-focused, operations and finance. Mr. Warren has accumulated [...]
Platinex Inc. would like to announce that it has granted 200,000 options to consultants effective August 14, 2020. The options are priced at the previous days close of $0.07 and expire on August 14, 2025. Lori Paradis, Assistant Secretary Tel: 268-2682 Email: lparadis@platinex.com Web: www.platinex.com About Platinex Inc. – Advancing a District Scale Project in an Abitibi Gold Camp Platinex is focusing its efforts on the [...]