PTX Metals Inc. (CSE: PTX) has recently announced additional drill results from its W2 Cu-Ni-PGE Project in Northwestern Ontario, showcasing exciting developments in their exploration efforts. The results from the 1,544-metre diamond drill program have highlighted significant mineralization in the AP zone and transition zone, confirming the continuity of mineralization over 7 km.
The drill program, which focused on both geophysical and new targets identified through in-house interpretations, aimed to expand the near-surface mineralization trend and enhance geological confidence in the deposit’s continuity. Three confirmation drill holes, W224-04, W224-05, and W224-06, successfully confirmed the presence of Cu-Ni-PGE mineralization, with impressive results such as 0.41g/t PGE (Pt+Pd) over 3.00 m in W224-04 and 67.01 m at 0.44% Cu Eq in W224-05.
These results have not only bolstered PTX’s confidence in the mineralized zones but have also laid the groundwork for further exploration and prospecting strategies in the W2 project. The Company plans to generate 3-D shell geological and mineralization models, incorporating data from historical drill holes and the recent drill campaign to better understand the mineralization zones in the project.
Moreover, PTX has also completed the Phase 1D exploration programs at the South Timmins Joint Venture gold projects, with high-grade gold mineralization confirmed at Shining Tree and a new gold discovery at Heenan in the Swayze Greenstone belt.
Overall, these developments signify promising advancements in PTX’s exploration efforts, positioning the Company for continued success in uncovering the full potential of their mineral assets in northern Ontario.
