PTX Metals Inc. Completes Surface Work at the Shining Tree Gold Property and Reports Multiple High-Grade Results from Surface Samples
TMX Newsfile·2025-12-18 12:55

Core Insights - PTX Metals Inc. has completed a geological review and a high-resolution airborne magnetics survey of its Shining Tree Gold Property, revealing significant high-grade gold assays [1][4][7] - The sampling at the Rhonda and Herrick Targets returned notable results, with assays of up to 69.00 g/t Au and 18.82 g/t Au respectively [1][4] - The company aims to enhance its understanding of the structural controls on gold mineralization and improve exploration strategies based on new data [3][7] Sampling Results - The sampling conducted in October 2025 included 27 rock samples, with the most significant results coming from the Rhonda and Herrick areas [4][6] - Notable assay results include 69.00 g/t Au from sample BH-005B at Rhonda and 18.82 g/t Au from sample BH-013 at Herrick [2][4] - The Rhonda North Trench showed reliable continuation of gold values, with grab samples ranging from 3.54 to 7.85 g/t Au [5] Geological Review - The structural review indicates that existing regional geological maps may not accurately represent the property's structural setting [3][4] - The review aims to understand the relationship between mineralized trends and regional geodynamic settings, which requires further study [3] Magnetics Survey - A high-resolution drone magnetics survey was completed, covering 2783.5 line kilometers, to replace the current low-resolution dataset [7] - The new dataset is expected to aid in mapping gold-bearing structures and enhance future exploration campaigns [7] Additional Projects - The company has concluded its drilling program at the W2 Copper, Nickel, Platinum, Palladium Project, with approximately 1,200 meters drilled [14] - Initial core reviews indicate the presence of sulfide-bearing gabbro, with results expected in Q1 2026 [14] Marketing and Advisory - PTX Metals has engaged Epstein Research for marketing and advertising services to increase company awareness, with a three-month contract costing $6,000 [15]