The goal of the company is to create shareholder value through exploration, opportunistic acquisition, and discovery of commercial gold. The company is actively exploring the Shining Tree gold project throughout 2021. The company believes the Shining Tree camp will host several multi-million-ounce gold deposits. Consolidation is also likely to be a focus for the camp moving forward. Platinex’s Shining Tree project enjoys world class infrastructure.
Platinex is listed on the Canadian Securities Exchange under the symbol PTX.
Platinex’s focus is the Shining Tree gold property in the Abitibi gold province of Ontario, which is a world-renowned for gold. The company also has royalties on gold, PGE and base metal properties in Canada and Chile.
Platinex has acquired, through option agreements and staking, a district scale gold property in Shining Tree comprising 21,720 ha (53,671 ac.), making it the largest gold prospect in the Shining Tree area.
The southwestern Abitibi has experienced a transformation in the last ten years with the discovery and now development of several multi-million-ounce gold deposits, mainly along the Ridout-Tyrrell deformation zone. Shining Tree has the potential to host one or more Tier 1 gold deposits and since consolidating we are now de-risking the project to attract major investors.
The property is located along 21 km of the Ridout-Tyrrell deformation zone. This major deep-seated conduit for gold formation zone trends as far west as Borden Lake, through the area of IAMGOLD’s Cote Gold deposit, directly through the Platinex Shining Tree Property and on to Aris Gold’s gold project which includes the Juby deposit.
The goal of the company is to create shareholder value through exploration, opportunistic acquisition, and discovery of commercial gold. The company is actively exploring the Shining Tree gold project throughout 2021. The company believes the Shining Tree camp will host several multi-million-ounce gold deposits. Consolidation is also likely to be a focus for the camp moving forward. Platinex’s Shining Tree project enjoys world class infrastructure.
Platinex is listed on the Canadian Securities Exchange under the symbol PTX.
Platinex’s focus is the Shining Tree gold property in the Abitibi gold province of Ontario, which is a world-renowned for gold. The company also has royalties on gold, PGE and base metal properties in Canada and Chile.
Platinex has acquired, through option agreements and staking, a district scale gold property in Shining Tree comprising 21,720 ha (53,671 ac.), making it the largest gold prospect in the Shining Tree area.
The southwestern Abitibi has experienced a transformation in the last ten years with the discovery and now development of several multi-million-ounce gold deposits, mainly along the Ridout-Tyrrell deformation zone. Shining Tree has the potential to host one or more Tier 1 gold deposits and since consolidating we are now de-risking the project to attract major investors.
The property is located along 21 km of the Ridout-Tyrrell deformation zone. This major deep-seated conduit for gold formation zone trends as far west as Borden Lake, through the area of IAMGOLD’s Cote Gold deposit, directly through the Platinex Shining Tree Property and on to Aris Gold’s gold project which includes the Juby deposit.
The Company believes this often overlooked and under-explored area has the potential to host a Tier 1 gold deposit. The platinum group metal prospects that the Company targets within layered intrusions have the potential to host a Tier 1 PGE deposit.
Platinex has acquired, through option agreements and staking, a district scale gold property in the Shining Tree area of northern Ontario comprising 20,750 ha (51,274 ac.), making it the largest gold prospect in the Shining Tree area.
The Shining Tree property is situated in the Abitibi Greenstone Belt, which is a world-renowned gold province. The property is located along 21 km of the Ridout-Tyrrell deformation zone. This major deformation zone trends as far west as Borden Lake, through the area of IAMGOLD’s Cote Gold deposit, directly through the Platinex Shining Tree Property and on to Caldas Gold's gold project which includes the Juby deposit.
The southwestern Abitibi has experienced a transformation in the last ten years with the discovery and now development of several multi-million-ounce gold deposits, mainly along the Ridout-Tyrrell deformation zone.
At the heart of this deformation zone is a cluster of old, practically forgotten gold mines and prospects developed as segmented properties 80-100 years ago. Many of these sites reported high gold grades in veins. Platinex has assembled many of these formerly-segmented properties into one large property for the first time.
Modern exploration techniques are being applied to re-evaluate many of these known deposits and explore the newly interpreted extent of the Ridout-Tyrrell deformation zone.
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