Tag Archives: nickel

PTX Metals Inc. (TSXV: PTX) (OTCQB: PANXF) (FSE: 9PX)

PTX Metals Inc. is based in Toronto, Canada headed by CEO Greg Ferron.
Mr. Ferron is a highly experienced executive who is well known in the Bay Street community and has experience with financing under the banner of large corporations as well as director and CEO experience with junior exploration companies. This includes senior level roles at Laramide Resources Ltd., Treasury Metals Inc., Fancamp Exploration, Omai Gold Mines, TMX Group and Scotiabank. Mr. Ferron currently holds over 3 million shares in PTX. Obviously when management holds a substantial position in their own company this is inspiring to shareholders.

PTX Metals has a primary listing on the TSX Venture Exchange under the symbol PTX. The Company is also listed in Frankfurt under the symbol 9PF and on the OTCQB in the United States as PANXF.

PTX is focusing on 2 flagship properties located in northern Ontario which is known as a prolific mining territory with a co-operative jurisdiction and world class discoveries. The projects are the W2 Cu-Ni-PGE and Gold Project and the South Timmins Gold Joint Venture Project.

“…focused on high-quality strategic metals assets in northern Ontario, allowing exposure for shareholders to Copper, Gold, Nickel, and PGEs discovery. ”

PTX METALS PROPERTY PORTFOLIO:


  • W2 (Copper-Nickel-PGE)
  • The W2 Copper-Nickel-PGE and Gold Project is comprised of 1,122 cell units covering 22,094 ha (220 km2) in an area of world-class geological targets near Ontario’s Ring of Fire. W2 controls a significant part of the “Oxford Stull Dome Complex”, including the mineral-rich and under-explored, layered mafic-ultramafic Lansdowne House Igneous Complex (“LHIC”), which is highly prospective for copper-nickel (Cu-Ni), platinum group element (PGE), and chromite deposits.
  • W2 is located approximately 475 km northeast of Thunder Bay, 60 km southwest of Ring of Fire Metals’ Eagle’s Nest Mine, and 50 km from the future Webequie Supply Road which will provide a year round connection between the Ring of Fire and the provincial highway network within 5 years. Current access to the project is by winter road originating in Pickle Lake.
  • W2 Project Property Map
    ____________________________________________________________________
  • Shining Tree Gold Project

The Shining Tree Project is a district-scale gold property. It covers a large section of the Ridout Tyrrell deformation zone (RTDZ) which trends as far west as Newmont’s Borden Mine, through the area of IAMGOLD’s Cote Gold deposit, and across Aris Gold’s Juby Project.

  • Property includes one historical gold producer and over 30 underground developments and prospects.
  • Drill hole HU89-08 intersected 35.4m grading 1.1g/t Au

Shining Tree Property Map


PTX METALS ROYALTY PORTFOLIO:

Royalty Portfolio

Ontario

PTX  is developing a net smelter return (NSR) royalty portfolio and currently holds royalties on the following early-stage gold, PGE, and base metal properties.

  • Big Trout Lake (PGE-Ni-Cu-Cr): 2.5% NSR on 12,080 acres.
  • Tib Lake (PGE): 0.5% NSR on 4 legacy claims held by Lac des Iles Mines Ltd., a wholly-owned subsidiary of North American Palladium Ltd., covering the Tib Lake intrusion.
  • MacMurchy Township (Au): 1% NSR on 33 legacy claims in Shining Tree area held by Golden Harp Resources.
  • Ring of Fire (Au-Ni-Cu-PGE-Cr): 1% NSR on 23 cell claims in Ring of Fire area held by Aurcrest Gold Inc.
  • 1% NSR on Muskrat Dam Critical Minerals Project following GCC earn-in.
  • 1% NSR on Scattergood project owned by Heritage Mining
  • 1% NSR on the Muskrat Dam Critical Minerals Project

Chile


Sonia-Puma (Au-Cu): 2% NSR on Sonia-Puma claims held by Newmont.

___________________________________________________________

Latest Press Release- PTX METALS INC. PROVIDES POSITIVE MINERALOGY RESULTS AND A WORK PROGRAM UPDATE AT ITS W2 CU-NI-PGE AND GOLD PROJECT

Overall PTX Metals is a very well positioned exploration company with a lot of experienced management at the helm.
The jurisdiction of northern Ontario is excellent and the timing in the market really could not be any better. The current market
cap is just over $12 million (cad) with the shares outstanding at just under $119 million.

The future is looking very bright for PTX Metals and we hope you will stay tuned for more information on this exciting exploration company!

 

 

Tartisan Nickel Corp. – TN:CSE = Moving Towards Production in Kenora

Tartisan Nickel Website

Tartisan Nickel is on a path to mineral production at Kenbridge in Kenora!  This is their 100% owned Kenbridge Nickel Deposit located in Kenora Ontario.
Kenora is a prolific mineral district. Kenbridge was originally discovered in 1937 and was actually mined by Falconbridge in the mid 1950’s for 2.5 years which makes the deposit a logical candidate to go back into production- plus undergo expansion using modern mineral discovery techniques. It is in a mining friendly jurisdiction with all season road access within 9km.

An additional positive note for Tartisan Nickel is they are planning to produce electric vehicle (EV) battery metals.
With so many climate issues the world definitely needs the nickel copper and cobalt metals which this deposit holds!

DETAILS OF THE KENBRIDGE DEPOSIT: Website Link

Ownership: 100%
Commodities: Nickel, Copper, Cobalt
Location: NW Ontario
Status: Advanced Nickel Deposit
Next Steps: Surface exploration and definition drilling plan, in addition to geotechnical, metallurgical and environmental work

 

Kenbridge Nickel Resource Updated Estimates
Tartisan Nickel published (Sedar: September 17, 2020) a NI 43-101 updated resource estimate that outlined a combined open-pit and underground, historic measured and indicated resource of 7.58 Mt at 0.58% nickel, 0.32% copper for a total of 95 million pounds of contained nickel.

There are more mineral resources to be discovered at Kenbridge undoubtably, and with nickel currently trading over $11.00 U.S. that means there is over $1 Billion of nickel currently ready to be mined at Kenbridge. With certainty and a lot of upside with what is basically already defined exploration targets Tartisan Nickel can deliver a known already mined resource with modern techniques to deliver what could be substantial upside. THis makes for a very exciting story moving ahead.

ENVIRONMENTAL

As of May 31, 2022 Tartisan Nickel Corp. has commenced environmental baseline studies at the Kenbridge nickel project in the Kenora mining district in Northwestern Ontario. Their “P.E.A” is now in the wrap up phase and the Company hopes to update shareholders next month.

Mining production success is the whole point and ultimate aim of exploration.
Therefore we feel it is important to be aware of companies which have achieved the ability to be in that position in the near future. It takes a lot of work and perseverance to achieve this goal but ultimately adds the most value.

-We will be keeping you updated,

Canadian Junior Report