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Platinex and Mattagami First Nation Sign Exploration Agreement for Shining Tree Gold Property

TORONTO, Jan. 26 /CNW/ - Platinex Inc. (TSX-V: PTX), a Canadian exploration company, announced to...

articlePtx Metals IncJanuary 26, 20093/company/ptx-metals-inc/news/platinex-and-mattagami-first-nation-sign-exploration-agreement-for-shining-tree-gold-property
Platinex and Mattagami First Nation Sign Exploration Agreement for Shining Tree Gold Property

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[{"type":"text","content":"\n\n\n\nTORONTO, Jan. 26 /CNW/ - Platinex Inc. (TSX-V: PTX), a Canadian\nexploration company, announced today that it has entered into an Exploration\nAgreement ("EA") with Mattagami First Nation for exploration activities being\ncarried out on the Company's Shining Tree Gold Property.\n\n\nEXPLORATION AGREEMENT\n\n\nThe EA provides a framework for a working relationship between the two\nparties. The Mattagami First Nation will have preferred access to employment\nopportunities and contracts in connection with exploration on the Shining Tree\nGold Property. Platinex will have the benefit of traditional knowledge of the\nMattagami First Nation and both parties will work together to minimize and\nmitigate environmental impacts from the exploration activities.\n\n\nJames R. Trusler, President and CEO of Platinex Inc. said, "Platinex\ncounts the Mattagami First Nation as a respected part of the strategy we\nimplement at Shining Tree that serves the Company's long standing policy of\ncontributing to local employment and minimizing its environmental footprint\nwhile advancing its exploration projects."\n\n\nChief Walter Naveau of the Mattagami First Nation stated, "We are pleased\nto work with Platinex and share knowledge, resources and our people to help\nadvance our common interests."\n\n\nAbout Platinex Inc.\n\n\nPlatinex is a Canadian exploration company based near Toronto. Platinex\nfocuses on carefully selected Platinum Group Element targets in settings\nanalogous to the JM reef (Stillwater Complex, Montana) and the Merensky and\nUG2 reefs (Bushveld Complex, RSA) and opportunistic acquisition and\nexploration of other selected precious metal targets. Platinex is determined\nto find platinum sources to be used in the campaign to eliminate the threat of\nglobal warming. Shares of Platinex are listed for trading on the TSX Venture\nExchange under the symbol "PTX".\n\n\nTo receive Company press releases, please email [email protected] and\n mention "Platinex" on the subject line.\n\n\nFORWARD-LOOKING STATEMENTS:\n\n\nExcept for statements of historical fact, all statements in this news\nrelease - including, without limitation, statements regarding future plans and\nobjectives, are forward-looking statements that involve various risks and\nuncertainties. There can be no assurance that...

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