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PTX Metals Inc. Step-Out Drill Hole Intercepts 213 Combined Meters of Mineralization and Ends in Higher Grade Zone at Depth at Its W2 Copper-Nickel-PGE and Gold Project
Toronto, Ontario--(Newsfile Corp. - March 10, 2026) - PTX Metals Inc. (TSXV: PTX) (OTCQB: PANXF)...
About this update from Ptx Metals Inc
[{"type":"text","content":"PTX Metals Inc. Step-Out Drill Hole Intercepts 213 Combined Meters of Mineralization and Ends in Higher Grade Zone at Depth at Its W2 Copper-Nickel-PGE and Gold ProjectToronto, Ontario--(Newsfile Corp. - March 10, 2026) - PTX Metals Inc. (TSXV: PTX) (OTCQB: PANXF) (FSE: 9PX) (\"PTX\" or the \"Company\") is pleased to announce assay results from the initial phase of its 5,000m drilling program previously announced in November 2025 at its W2 Copper, Nickel, Platinum-Palladium (PGE) and Gold project in Northern Ontario, Canada (the \"W2 Project\"). Initial results from the program confirm the presence of significant copper-nickel-PGE mineralization within the CA1 zone and continue to expand the known footprint of the system within the Central Target area.Drill holes targeted the CA1 zone, which to date is the most drilled and advanced zone located on the western end of the 8km strike length mineral host horizon within the Central Target. These initial drill holes were planned as step-outs and were designed to test the continuity of the geophysical anomalies to the north of the previously drilled W225-10 in March 2025, which intercepted over 235 metres (m) of near surface mineralization. With hole W225-13, the Company has extended the footprint of the CA1 zone, which now covers a block of ~1km x 1.2km as shown in Figure 2.W225-13 was drilled to a depth of 405.80m, intersecting a mineralized zone of combined 213.85m and terminated in mineralization with an intercept of 15.80m at 0.97% CuEq [1] from 390.00 to 405.80 m, including 3.24% CuEq over 0.75m. At shallower depths, two wider intercepts returned 107.15m at 0.28% CuEq from 173.00m to 280.15m and 68.30m at 0.46% CuEq from 311.00m to 379.30m. Copper Equivalency are reported assuming 80% recovery for all metals as stated below in [1].Mineralization in this hole is similar in style to intercepts observed in W225-10. Correlation between holes W225-10 and W225-13 illustrates potential for the mineralized horizon(s) to be expanded at depth and to surface, as supported by geophysical anomalies in figure 1. Figure 1: 3D section of hole W225-13 overlaying results from the 3D inversion reported on November 7th, 2025. To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/7277/287864_a244ad912434496f_001full.jpgPTX's extensive data compilation and int...