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PTX Metals Welcomes Ontario's Ring of Fire Road Announcement as W2 Project Advances with Receipt of Exploration Permit
Highlights: Ontario breaks ground on the Webequie Supply Road five years ahead of schedule, ma...
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PTX Metals Welcomes Ontario's Ring of Fire Road Announcement as W2 Project Advances with Receipt of Exploration PermitHighlights:Ontario breaks ground on the Webequie Supply Road five years ahead of schedule, marking a historic milestone for critical minerals development in the Ring of Fire region.PTX receives exploration permit for the next phase of work at its W2 Copper-Nickel-PGE and Gold Project, positioned at the gateway to the Ring of Fire.PTX has made a significant investment in local First Nation and regional businesses and service providers, with exploration programs conducted under permits shaped by community input. Toronto, Ontario--(Newsfile Corp. - June 29, 2026) - PTX Metals Inc. (TSXV: PTX) (OTCQB: PANXF) (FSE: 9PX) ("PTX" or the "Company") today welcomed the Ontario government's announcement that construction has commenced on the Webequie Supply Road – five years ahead of schedule – as a significant milestone for the Ring of Fire region and for the future of critical minerals development in Northern Ontario.The announcement comes as PTX Metals marks its own progress at the W2 Copper-Nickel-PGE and Gold Project, having recently received its exploration permit for the next phase of work at the property, the recent announcement of positive metallurgy/concentrate results and the issuance of exploration target outlining potential large tonnage. Greg Ferron, President and CEO of PTX Metals, said the convergence of government investment and project-level momentum reflects the growing strategic importance of the region. "Ontario's decision to break ground on the Webequie Supply Road ahead of schedule is a historic moment for the Ring of Fire and for the communities that have worked so hard to see this region develop responsibly. This kind of infrastructure investment sends a clear signal that governments are serious about unlocking the critical minerals Canada and its allies need. We are proud to be advancing W2 at this moment, and proud of the relationships we have built with local First Nation communities along the way." W2 Project and Community EngagementThe W2 project is located at the gateway to the Ring of Fire, close to existing road infrastructure near the existing Highway 599 and winter roads. PTX has conducted five exploration programs at the property to date and made a multi million investment in local ...