Ptx Metals Inc · TSXV:PTX
Ptx Metals — Platinex — Investor Presentation (November 2023)
50 slides from Ptx Metals's investor presentation, November 2023
Slide 1: Creating value through acquisition and advancement of precious and battery metals projects
November 2023 Creating value through the acquisition and advancement of high-quality precious and battery metals projects in Ontario, Canada CSE: PTX | Frankfurt: 9PX | US: PANXF
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation has been prepared by Platinex Inc. and should be read in conjunction with the Company’s final listing applications to the TSX Venture Exchange (2005) and Canadian Securities Exchange (2017), its management discussion and analysis documents, and other SEDA
Slide 3: Macro Spotlight Shines Favourably on Northern Ontario
Macro Spotlight Shines Favourably on Northern Ontario 3 | PLATINEX.COM | CSE: PTX | FRANKFURT: 9PX
Slide 4: Right Metals, Right Time, Right Place
Right Metals, Right Time, Right Place W2: Copper – Nickel – PGE – Gold • near the “Ring of Fire” and proximal to Ring of Fire Metals’ (Wyloo) “Eagle’s Nest” • W2 is fully permitted for Phase 1 exploration program • former Aurora Platinum/Inco discovery • Adjacent to newly staked Barrick Gold project
Slide 5: Three District Scale Projects: a Portfolio of Enviable Assets
Three District Scale Projects: a Portfolio of Enviable Assets Green Canada/MUSKRAT SOUTH TIMMINS MINING W2 DAM/Uranium Portfolio (GOLD) (COPPER-NICKEL-PGE-Au) (Li – Cu -Ni) ▪ Ownership: JV 75% Platinex/25% ▪ 100% ownership ▪ 60% equity ownership of Green Fancamp JV on Shining Tree and Canada Subsidi
Slide 6: Management & Board
Management & Board: James R. Trusler, P. Eng. Graham C. Warren, CPA, Sam Kiri, CFA, P. ENG, CMA Non-Executive Chairman CMA Director Chief Financial Officer Geological engineer with over 54 years Capital markets executive with over 20 of exploration experience with a history Senior financial executiv
Slide 7: Technical Advisors – 150 years of knowledge
Technical Advisors – 150 years of knowledge Blaine Webster P. Geo. Ike Osmani, P. Geo. A professional geophysicist with 50 years of A highly accomplished geologist with significant James R. Trusler, P. Eng. industry experience. Founded JVX Ltd., a expertise on magmatic Cu-Ni-PGE deposits. Principal
Slide 8: Capital Structure - Shareholders
Germany Capital Structure - Shareholders 9PX PTX PANXF CSE OTC • Tight shareholder base • Strong liquidity encouraging for new financings • Focus on attracting committed investors SHAREHOLDERS Basic Shares Outstanding 274,150,598 25% ownership by mining companies lends credibility, stability and opp
Slide 9: Responsive to News Flow
Responsive to News Flow 50DMA $0.0355 200DMA $0.0397 October 19 Close: $0.035 9 | PLATINEX.COM | CSE: PTX | FRANKFURT: 9PX
Slide 10: The Projects
The Projects
Slide 11: Project Status as at Q3 2023
Project Status as at Q3 2023 ▪ W2: 100% interest in highly prospective Ni Cu PGE Au project (formerly Lansdowne House project discovered by Inco/FNX and Aurora Platinum); o Mineral exploration permits received for up 12 drill pads in Central area and 19 pads in eastern target. o Data compilation com
Slide 12: W2: Introduction
W2: Introduction ▪ 100% interest in the W2 Copper-Nickel-PGE Project approximately 50 km southwest of the Ring of Fire in Northwestern Ontario ▪ Large land package: 22,094 hectares (220 km2) at southern boundary of Oxford Stull Dome ▪ Approximately $10 M in historical exploration expenditures by pre
Slide 13: W2: A Cu-Ni-PGE Focused Project
W2: A Cu-Ni-PGE Focused Project ▪ Existing Copper-Nickel-PGE Area (Central Area) ▪ Potential to further define and expand bulk tonnage Cu-Ni-PGE deposit. Open in all directions (N, S, E, W) and to depth ▪ 1974 Inco estimated the central area contained approximately 14.6 million tons averaging 0.58%
Slide 14: W2: Regional Geology
W2: Regional Geology ▪ W2 lies on the southern boundary of the Oxford Stull Dome within the North Caribou superterrane of the Superior province ▪ W2 controls one of the major Oxford Stull Dome complexes, including the layered mafic-ultramafic Lansdowne House Igneous Complex (“LHIC”) ▪ The LHIC shows
Slide 15: W2: Fully Permitted for Exploration
W2: Fully Permitted for Exploration ▪ 100% interest in the W2 Copper-Nickel-PGE Project approximately 50 km southwest of the Ring of Fire in Northwestern Ontario – along the same trend (similar geology) ▪ Large land package: 22,094 hectares (220 km2) at southern boundary of Oxford Stull Dome ▪ Appro
Slide 16: W2: Exploration Concept
W2: Exploration Concept ▪ The W2 project is centered on a magmatic intrusive sulfide deposit hosted by mafic to ultramafic rocks interpreted to be a feeder conduit beneath an extensive complex of sills and related volcanic rocks. This area has extensive Cu-Ni+/-PGE mineralization occurring within mo
Slide 17: W2: Historical Results
W2: Historical Results ▪ LH01-05 ▪ 0.56% CuEq over 151.6 m ▪ 49182 ▪ 1.75% CuEq over 20.9 m ▪ LH01-06 ▪ 0.54% CuEq over 220.6 m ▪ LH01-02 ▪ 1.19% CuEq over 42 m ▪ LH01-20 ▪ 0.63% CuEq over 45 m and 1.07% CuEq over 10.5 m ▪ 54017 ▪ 1.08% CuEq over 61 m *CuEq (copper equivalent) has been used to expre
Slide 18: W2: Drill Core Photos
W2: Drill Core Photos Right: Hole LH01-02 Mineralized gabbroic breccia (1.04% CuEq over 42 m incl. 2.70% CuEq over 4.5 m) Above: Left: Hole LH01-05 Hole LH01-10 Massive sulphide microbreccia Massive titanomagnetite lens (0.56% CuEq over 151.6 m incl. 1.10% CuEq over 17m ) (Up to 0.81% V2O5 and 8.2%
Slide 19: W2: Project Location & Geology
W2: Project Location & Geology ▪ W2 is underlain by metavolcanic and metasedimentary rocks of the Mameigwess-Rowlandson Lake greenstone belt overlying the older (>2800 Ma) gneissic tonalitic basement rocks. The volcanic rocks have been intruded by mafic to ultramafic rocks termed the Landsdowne Hous
Slide 20: W2: Modeling from Historical Results
W2: Modeling from Historical Results ▪ Program designed by Ike Osmani (AP/FNX), Shuda Zhou (BAW) and Blaine Webster (Inco). ▪ 71 holes totalling 12,157 metres drilled by historical operators (Aurora Platinum, Canadian Nickel/INCO, and KWG Resources) were compiled into digital format. ▪ Data compilat
Slide 21: W2: Data Compilation
W2: Data Compilation ▪ Data compilation and 3D modeling program completed to provide understanding of the controls and extent of mineralization at W2 ▪ 3D modelling and Leapfrog included 71 holes focused in the central area ▪ Full compilation and modeling info available in technical appendix ▪ Maxwe
Slide 22: W2 Central Area: Geophysics
W2 Central Area: Geophysics ▪ EM survey suggests good correlation between EM conductors and Cu-Ni mineralization ▪ Numerous untested EM conductors represent additional Cu-Ni targets ▪ PGE Horizon: areas with lower sulfides but high-grade PGE don’t show up in the EM data. Can be identified by further
Slide 23: W2 Central Area: Geology
W2 Central Area: Geology ▪ LHIC is broadly subdivided into three zones (Osmani, 2002): ▪ a basal zone predominantly comprised of layered ultramafics ▪ a middle zone predominantly comprised of gabbroic sequences ▪ an upper zone predominantly comprised of diorite- leucogabbro-anorthosite-gabbro-magnet
Slide 24: W2 Central Area: Targets
W2 Central Area: Targets ▪ High grade mineralization zones: within gabbro, close to lithological contacts + EM anomalies ▪ Drilling targets in the Central area ▪ Confirmation ▪ Expansion ▪ Greenfield ▪ Strategy: EM anomalies, drill deeper to aim for the contact between gabbro and volcanics 24 | P L
Slide 25: W2 Central Area: Cu-Ni-PGE Zones
W2 Central Area: Cu-Ni-PGE Zones ▪ Several significant mineralized zones have been identified in Leapfrog Geo from the initial compiled drillhole database based on historical assay and mineralization data ▪ Significant room for definition and expansion ▪ Open in all directions and at depth ▪ Red rep
Slide 26: W2: Central Area (Longitudinal View)
W2: Central Area (Longitudinal View) ▪ Significant Cu-Ni-PGE assays over wide intervals where drilled (ex. 220.6 m of 0.62% CuEq in hole LH- 01-06 and 151.6 m of 0.64% CuEq in hole LH-01-05) ▪ >5km trend drilled at shallow depth and wide spacing ▪ Geophysical surveys show probable extension between
Slide 27: W2 Eastern Area: Untested EM anomalies
W2 Eastern Area: Untested EM anomalies T5 has similar geophysical characteristics to geophysical anomaly at Eagle’s Nest deposit Multiple high-priority conductors remain to be drill tested 27 | P L A T I N E X . C O M | CSE: PTX | FRANKFURT: 9PX
Slide 28: W2: Drill Program and Targets
W2: Drill Program and Targets ▪ Expansion Targets ▪ Infill drilling between mineralized zones with EM conductors and along gabbro contact ▪ Ground geophysics ▪ Confirmation Targets ▪ Economic mineralization (grade/width) ▪ Confirm historical intervals with new drill holes ▪ Greenfield Targets ▪ Less
Slide 29: Gold Project Status as at Q3 2023
Gold Project Status as at Q3 2023 ▪ South Timmins JV (Shining Tree/Heenan Mallard): 75% interest in district-scale gold project. o Significant consolidation achieved in Shining Tree Gold Camp including Ronda Mine from Alamos Gold and addition of Heenan Mallard project. o 2023 and 2024 exploration fu
Slide 30: Shining Tree and Heenan Mallard: Potential Gold Camp in the Abitibi
Shining Tree and Heenan Mallard: Potential Gold Camp in the Abitibi 23,242 ha (223 km2) land package located in the prolific Abitibi greenstone belt which is renowned for its concentration of world-class gold deposits Expanded camp with recent acquisition of Mallard Gold and Heenan Gold projects. Pr
Slide 31: South Timmins Mining Projects
South Timmins Mining Projects South Timmins Mining: Two highly prospective gold properties in Ontario South Timmins Mining JV includes Shining Tree and Heenan Mallard. 75% Platinex/25% Fancamp. Fully funded gold program including JV funds ($2.75M). Significant potential for additional camp consolida
Slide 32: Shining Tree: District Scale Asset
Shining Tree: District Scale Asset Large portions remain underexplored Past producing mine acquired from Alamos (called Ronda) and 30 historic bulk samples completed on project. Resource expansion planned in Herrick area where Platinex drilled 60 holes. Drill results at Shining Tree include: • 35.4m
Slide 33: Ronda (Ribble Vein): Channel Sampling and Mapping
Ronda (Ribble Vein): Channel Sampling and Mapping
Slide 34: Shining Tree: Outcrop Samples
Shining Tree: Outcrop Samples
Slide 35: Heenan Mallard – An Emerging Gold Camp
Heenan Mallard – An Emerging Gold Camp Comprises 270 unpatented mining claim cells totaling approximately 5,104 ha Located on a large magnetic anomaly associated with the Woman Lake Iron formation and other magnetic lithologies on the SE corner of the Swayze greenstone belt. The “Swayze magnetic ano
Slide 36: Heenan – PTX Makes a New Gold Discovery
Heenan – PTX Makes a New Gold Discovery • The Heenan Property lies within the Swayze area of the Abitibi Greenstone belt; immediately adjacent to Northern Superior-Evolution Mining’s “October Gold” and along the northwest border of IAMGOLD’s Côté Gold Project • The greenfield gold discovery generate
Slide 37: Heenan Mallard: Preparation for Channel Sampling and Mapping
Heenan Mallard: Preparation for Channel Sampling and Mapping 37 | P L A T I N E X . C O M | CSE: PTX | FRANKFURT: 9PX
Slide 38: Dorothy Claim Block
Dorothy Claim Block: Discovery Adjacent to Thundercloud located in NW Ontario South Timmins claims adjacent to significant discovery made by Dynasty Gold at their Thundercloud property (22g/t over 9 m in DP22-02 and 25g/t over 3m in DP22-03). Dynasty Gold’s recent $3.8M financing includes investment
Slide 39: Critical Metals for Climate Action
Critical Metals for Climate Action
Slide 40: Why Create Green Canada Co.?
Why Create Green Canada Co.? Fundamentals support the potential for a “super-spike” Uranium Price has broken out Uranium mines take a long time to get into production, so there will be a few years October 09/23 one-yr price forecasted +49.39% where deficits will overwhelm the ability to ramp up prod
Slide 41: Introducing Green Canada Co.
Introducing Green Canada Co. Capital Structure (Private Equity) Shares on Issue 30 million Share Price $0.09 Corporate Mission Market Cap $2.7 million ▪ Provide shareholders an Cash on Hand $500,000 investment vehicle that gives them direct exposure to clean energy Cornerstone Shareholder Platinex I
Slide 42: Initial Portfolio Presents Strategic Opportunities
Initial Portfolio Presents Strategic Opportunities +750 km2 of highly prospective properties adjacent to proven uranium and lithium projects Athabasca Basin World’s leading source of high-grade uranium Currently supplies 20% of the world’s uranium Matoush-Otish: a well- documented, large, high- grad
Slide 43: Muskrat Dam: Prospective for Critical Metals
Muskrat Dam: Prospective for Critical Metals The Project comprises six (6) property blocks, which together cover 12,925 hectares (129.25 km2) in the highly prospective Muskrat Dam Lake (MDGB) and Rottenfish (RGB) greenstone belts. The belt has seen little modern exploration, providing an excellent o
Slide 44: Work Plan (Exploration Program for 2023)
Work Plan (Exploration Program for 2023) Exploration programs have been developed by an expert team of geology veterans with specific knowledge of the district. They provide a high level of confidence in their ability to identify targets towards new discoveries, confirmation and expansion. Identifyi
Slide 45: News Catalysts
News Catalysts Green Canada Co. Results from Muskrat Dam Results from Heenan Spin Out Exploration Activities samples in early TSX-V Listing Drill Program following addition of & Drill Program December a key asset at Shining Tree 45 | P L A T I N E X . C O M | CSE: PTX | FRANKFURT: 9PX
Slide 46: Contact: Greg Ferron
Contact: Greg Ferron T: 416-270-5042 E: gferron@platinex.com CSE: PTX | Frankfurt: 9PX | US: PANXF
Slide 47: Technical Appendix
Technical Appendix
Slide 48: W2: Historical Cu-Ni-PGE Drill Result Highlights
W2: Historical Cu-Ni-PGE Drill Result Highlights Drill Hole Zone From (m) To (m) Width (m)2 Cu (%) Ni (%) Pd g/t Pt g/t CuEq (%)3 Au g/t Co g/t LH01-061 L-11N 134.2 354.8 220.6 0.13 0.09 0.208 0.099 0.54 0.013 0.011 including 134.2 215.5 81.3 0.15 0.12 0.281 0.143 0.69 0.014 0.013 including 315.8 35
Slide 49: Corporate Strategy – Developing Value
Corporate Strategy – Developing Value 2022 2023 2024 JV completed/Enhanced South Timmins Exploration target work and Drilling, Expect camp to be presence; Exploration and (Gold) consolidation of project Drilling consolidated Acquired low cost option and Green Canada uranium portfolio Sampling lithiu
Slide 50: Ontario Royalty Portfolio: Additional Exposure to Cu-Ni-Au-PGE-Cr
Ontario Royalty Portfolio: Additional Exposure to Cu-Ni-Au-PGE-Cr Believed to host largest known PGE and 2% NSR royalty from chromium deposits in Canada Newmont Corporation on the Sonia-Puma 2.5% property in Central NSR royalty on Chile. Au-Cu production from former Big Trout Lake PGE-Ni- Cu-Cr prop