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PTX Metals Completes Survey and Announces Financial Updates

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PTX Metals Completes Survey and Announces Financial Updates

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Platinex ( (TSE:PTX) ) has provided an update.

PTX Metals Inc. has completed a high-resolution airborne magnetic survey over its W2 Project in northern Ontario, utilizing advanced technology to gather detailed magnetic data. This survey aims to identify subtle magnetic anomalies associated with mineralized gabbro bodies, forming the basis for further geological interpretation and 3D modeling efforts. The company also announced the closing of a $180,000 Quebec Flow Through Private Placement and the granting of 1,375,000 incentive stock options to key personnel.

More about Platinex

PTX Metals Inc. is a mineral exploration company focused on high-quality copper-nickel-platinum group elements (Cu-Ni-PGE) and gold projects, with a particular emphasis on its flagship projects in northern Ontario, a region known for its rich mineral resources and investment opportunities.

YTD Price Performance: 12.50%

Average Trading Volume: 134,808

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$12.49M

Learn more about PTX stock on TipRanks’ Stock Analysis page.

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