PTX Metals Commences Spring 2024 Exploration Programs at South Timmins Gold Projects [Financial Post (Toronto, Ontario, Canada)]
Iamgold Corporation Ordinary Shares (IAG)
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Source: Financial Post
TORONTO, April 30, 2024 (GLOBE NEWSWIRE) — PTX Metals Inc. (CSE: PTX) (OTCQB: PANXF, Frankfurt: 9PX) (“PTX” or the “Company”) is pleased to provide an update of the Spring 2024 exploration work programs on the South Timmins Mining Joint Venture (“South Timmins JV” or “Joint Venture”) gold properties. The properties include the Shining Tree, Heenan and Mallard gold projects, all located along the Ridout-Tyrell Deformation Zone in Ontario's mineral-rich Abitibi greenstone belt. The South Timmins JV will continue with a prioritized program which will start in May and prepare for drilling at the projects later in 2024. Article content The work program will continue to follow a comprehensive strategy following the successful results reported from the first three programs, completed in 2023 and 2024, which validated the exploration strategy and included a new gold discovery in the Swayze Greenstone belt at Heenan and the confirmation of high-grade gold mineralization through stripping
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