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PTX Metals Inc. Provides Positive Mineralogy Results and a Work Program Update at Its W2 Cu-Ni-PGE and Gold Project
Toronto, Ontario--(Newsfile Corp. - August 11, 2025) - PTX Metals Inc. (TSXV: PTX) (OTCQB: PANXF...
About this update from Ptx Metals Inc
[{"type":"text","content":"PTX Metals Inc. Provides Positive Mineralogy Results and a Work Program Update at Its W2 Cu-Ni-PGE and Gold ProjectToronto, Ontario--(Newsfile Corp. - August 11, 2025) - PTX Metals Inc. (TSXV: PTX) (OTCQB: PANXF) (FSE: 9PX) (\"PTX\" or the \"Company\") is pleased to provide an update on the recent results from a preliminary mineralogy and mineral liberation study (MLA) and subsequent work program for the Company's 100% owned, W2 Nickel-Copper-PGE (Platinum Group Elements) and Gold Project, located near the Ring of Fire, northwestern Ontario, Canada (the \"W2 Project\"). After the successful drilling program throughout 2nd quarter of 2025, where the Company intercepted significant wide mineralized intervals up to 235m (press release May 27th, 2025), and expanded presence of PGEs mineralization, PTX is executing the following phased exploration program with a focus on understanding metallogeny and sizing the mineralizing system, including studies on geophysics and metallurgy, as well as age dating, paragenesis. Results of such planned approach are expected to enhance economic viability and prepare the project for a directed-upcoming drill program. Highlights:- Positive results from the mineral liberation analysis and mineralogy study indicate that copper and nickel are linked to chalcopyrite and pentlandite, respectively.- Initiated the Q3 2025 work program at the W2 Project:Launch of a preliminary metallurgical test conducted by SGS Canada Inc., using core material from the 2024 and 2025 PTX drilling programs.Launch of a 3D inversion geophysics study using the most recent 2025 Heli-GT magnetic survey (\"Mag Survey\"), with primary initial focus on the Central Target. Launch of a U-Pb CA-ID-TIMS age-dating study, focusing on the gabbro, which is identified as primary host for mineralization at the W2 deposit.Launch of a mineralization paragenesis study to constrain the relative timing of ore-bearing minerals.Preliminary Mineralogy and Mineral Liberation Analysis (MLA):Over the past several months, PTX has completed an initial overview of mineralogy and an MLA study of disseminated, semi-massive to massive sulfide mineralized intercepts from hole W224-03, W224-04, W224-05, and W224-06 of PTX's 2024 drill program at the Central Target. This study was carried out by the Carleton University Mineral Resource Department in Ottawa, Ontar...