PTX Metals Inc. Completes Surface Work at the Shining Tree Gold Property and Reports Multiple High-Grade Results from Surface Samples
PTX Metals Inc. Completes Surface Work at
the Shining Tree Gold Property and Reports
Multiple High-Grade Results from Surface
Samples
Toronto, Ontario--(Newsfile Corp. - December 18, 2025) -
PTX Metals Inc. (TSXV: PTX) (OTCQB:
PANXF) (FSE: 9PX)
("
PTX
" or the "
Company
") is pleased to announce completion of a structurally-
oriented, geological review and the new, high-resolution, airborne magnetics survey of the northern and
central portion of its Shining Tree Gold Property, located in South Timmins along the Ridout-Tyrrell
Deformation Zone (also known as "RTDZ") in Ontario, Canada. Sampling from the surface work resulted
in multiple high-grade assays reported below. The highlights from the sampling were collected by SRK at
the Rhonda and Herrick Targets, where samples returned
up to 69.00 g/t Au
and
18.82 g/t Au
respectively.
Table 1. List of sample highlights from October 2025 samples. Note: * = Resample
Sample Number
Project Area
UTM (E)
UTM (N)
UTM Zone
Au (ppm)
BH-001A
Rhonda
484876
5272326
17N
3.97
BH-002
Rhonda
484880
5272339
17N
7.19
BH-004B
Rhonda
484887
5272373
17N
7.85
BH-005A*
Rhonda
484887
5272246
17N
24.03
BH-005B*
Rhonda
484887
5272246
17N
69.00
BH-006A*
Rhonda
484886
5272249
17N
10.79
BH-012
Herrick
483970
5273314
17N
11.46
BH-013
Herrick
483957
5273420
17N
18.82
BH-015
Caswell
485845
5272492
17N
5.47
Reporting initial discussion from the Shining Tree Gold Project
The primary objective of the comprehensive on-site review of the geology of the property's primary
mineral showings is to create a clear understanding of the structural setting and controls on gold
mineralization throughout the property and how they relate to regional geologic/structural patterns.
Although the mineralized trends at each prospect are well-understood, how they relate to one another,
and, more importantly, the regional geodynamic setting, requires further study.
Preliminary results from the structural review of the property suggests that available, regional geologic
maps do not accurately depict the property's structural setting. During SRK's data collection and
structural review of the property, 27 rock samples were taken for various purposes across the property
(See Figure 1). The purposes of these samples were variable, with some of these samples being taken
in attempt to reproduce historic, higher-grade Au values, while others were taken to develop
understanding of the controls on localization of gold within the various veins and shear zones found
across the property.
Samples from both the Rhonda and Herrick areas returned the most significant
results, returning
up to 69.00 g/t
and
18.82 g/t Au
respectively.
The most comprehensive sampling was conducted at the Rhonda North Trench (See Figure 2) where
samples were taken both along previously cut channels (i.e. resamples) and to the North of 2024
trenching extents along the projected vein trace. Resampling of high-grade channels from 2024 has
demonstrated excellent reproducibility, suggesting higher Au grades are not the result of a nugget effect,
but most likely the result of localized, but traceable, variability along the Rhonda structure that can be
effectively targeted.
Additionally, 4 grab samples of the Rhonda vein taken along strike and North of the
2024 Rhona North Trench demonstrate reliable continuation of gold values north of modern trenching
and channel sampling. Results from these 4 samples ranged from 3.54 to 7.85 g/t Au.
All samples were hand-delivered to SGS Labs in Sudbury, Ontario who analyzed the samples for Au
content via a 30/50g fire assay with atomic absorption spectroscopy (AAS) finish.
SGS is an ISO
17025:2005 accredited testing laboratory. SGS performed an internal QA/QC program which includes
the insertion of CRM's, blanks, sample repeats, and duplicate samples as is compliant with industry
standards.
In addition to SRK's structural review and the aforementioned sampling, PTX commissioned Terrascope
Inc. to conduct a high-resolution, drone magnetics survey across the central portion of PTX's Shining
Tree claims.
The survey wrapped up on December 12
th
, 2025 with a total of 2783.5 line Km flown. The
primary objective of the survey was to replace the current, low-resolution magnetics dataset used by the
Company with a much higher-resolution dataset to aid with mapping the largely overburden-covered
property.
The current magnetics dataset is insufficient to delineate and target potentially gold-bearing
structures; however, we expect this new magnetics survey, in combination with the structural information
obtained from the SRK structural interpretation, will provide a sound foundation for developing successful
exploration campaigns in the future.
Figure 1:
Map of the Central Area of the property displaying locations of the Herrick, Rhonda and
Caswell areas and associated grab samples. All samples are listed in Table 2
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7277/278503_c9a9600324f199a8_001full.jpg
Picture 1:
Pictures of field work during the SRK site visit in October 2025
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7277/278503_c9a9600324f199a8_002full.jpg
Figure 2:
Map of the Rhonda North Trench area displaying grab samples taken
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/7277/278503_c9a9600324f199a8_003full.jpg
The Company expects to release additional compilation of the structural analysis entering the year 2026.
Those data will increase our understandings on lithologically- and structurally- controlled mineralization at
the property and allow better definition of mineralized bodies to be drill tested and expanded.
Table 2. List of all samples taken in October 2025.
Note: * = Resample
Sample Number
Project Area
UTM (E)
UTM (N)
UTM Zone
Au (ppm)
BH-001A
Rhonda
484876
5272326
17N
3.97
BH-001B
Rhonda
484876
5272326
17N
0.38
BH-002
Rhonda
484880
5272339
17N
7.19
BH-004A
Rhonda
484887
5272373
17N
3.54
BH-004B
Rhonda
484887
5272373
17N
7.85
BH-005A*
Rhonda
484887
5272246
17N
24.03
BH-005B*
Rhonda
484887
5272246
17N
69.00
BH-006A*
Rhonda
484886
5272249
17N
10.79
BH-006B*
Rhonda
484886
5272249
17N
0.08
BH-007A
Rhonda
484887
5272246
17N
0.72
BH-007B
Rhonda
484887
5272246
17N
1.45
BH-012
Herrick
483970
5273314
17N
11.46
BH-013
Herrick
483957
5273420
17N
18.82
BH-014A
Caswell
485845
5272494
17N
1.02
BH-014B
Caswell
485845
5272494
17N
0.17
BH-014C
Caswell
485845
5272494
17N
<0.01
BH-015
Caswell
485845
5272492
17N
5.47
BH-020A
Central
483209
5270955
17N
0.02
BH-020B
Central
483209
5270955
17N
0.03
BH-021
Central
483241
5270973
17N
0.07
BH-022A
Central
483323
5270996
17N
0.03
BH-022B
Central
483323
5270996
17N
0.04
BH-028
Area 2
484868
5277469
17N
<0.01
BH-029
Area 2
484714
5277570
17N
0.02
BH-030
Area 2
484708
5277575
17N
<0.01
BH-032
Area 2
484199
5278197
17N
<0.01
BH-033
Rhonda
485057
5272791
17N
<0.01
W2 Update
As to conclude the year, the Company has also wrapped up its drilling program with approximately
1,200m drilled to date at its W2 Copper, Nickel, Platinum, Palladium (PGEs) Project, located in the Ring
of Fire, Ontario. Initial core review shows sulfide-bearing gabbro with variation of disseminated to semi-
and massive sulfide zones. Results are to be expected within Q1 2026.
Marketing and Advisory Contract
In December 2025, the Company has engaged Epstein Research, a private company headquartered in
Upper Saddle, New Jersey, to provide marketing and advertising services to increase awareness of the
Company. The cost of the 3-month agreement is $6,000 payable in advance. Epstein Research is arm's
length to the Company and currently holds no securities in the Company.
Qualified Person
The technical information presented in this news release has been reviewed and approved by Kyle
Pedersen, a non-independent qualified person to PTX Metals who is responsible for ensuring that the
related technical information provided in this news release is accurate and who act as a "qualified
person" (QP) as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects.
About South Timmins Mining Corp
The South Timmins Mining Corporation has a 100% interest of the Shining Tree Gold Project and
Heenan Mallard Gold projects with PTX Metals owning 75% of the equity and 25% owned by Fancamp
Exploration Ltd.
About PTX Metals Inc
PTX is a mineral exploration company focused on high-quality strategic metals assets in northern
Ontario, allowing exposure for shareholders to Copper, Gold, Nickel, and PGEs discoveries. The
Province of Ontario is a renowned mining jurisdiction for its abundance of mineral resources and safe
jurisdiction.
Our corporate objective is to advance our assets, and unveil the potential of two Flagship Projects, the
W2 Cu-Ni-PGE located in the strategic Ring of Fire region, and the Shining Tree Gold Project neighbor
to other known deposits in the Timmins Gold Camp.
PTX's portfolio of assets was strategically acquired for their geologically favorable attributes, and
proximity to established mining companies.
PTX is based in Toronto, Canada, with a primary listing on the TSX 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.
For additional information on PTX, please visit the Company's website at
https://ptxmetals.com/
.
For further information, please contact
Greg Ferron, President and Chief Executive Officer
1 (416) 270-5042
Forward-Looking Information
This news release contains forward-looking information which is not comprised of historical facts.
Forward-looking information is characterized by words such as "plan", "expect", "project", "intend",
"believe", "anticipate", "estimate" and other similar words, or statements that certain events or
conditions "may" or "will" occur. Forward-looking information involves risks, uncertainties and other
factors that could cause actual events, results, and opportunities to differ materially from those
expressed or implied by such forward-looking information, including statements regarding the ability
of the Company to satisfy the regulatory, stock exchange and commercial closing conditions of
Private Placement, and the potential development of mineral resources and mineral reserves which
may or may not occur. Factors that could cause actual results to differ materially from such forward-
looking information include, but are not limited to, changes in the state of equity and debt markets,
fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals,
and general economic and political conditions. Forward looking information in this news release is
based on the opinions and assumptions of management considered reasonable as of the date
hereof, including that all necessary approvals, including governmental and regulatory approvals, will
be received as and when expected. Although the Company believes that the assumptions and factors
used in preparing the forward-looking information in this news release are reasonable, undue reliance
should not be placed on such information. The Company disclaims any intention or obligation to
update or revise any forward-looking information, whether because of new information, future events or
otherwise, other than as required by applicable laws. For more information on the risks, uncertainties
and assumptions that could cause our actual results to differ from current expectations, please refer to
the Company's public filings available under the Company's profile at
www.sedarplus.ca
.
This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there
be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be
unlawful, including any of the securities in the United States of America. The securities described
herein have not been and will not be registered under the United States Securities Act of 1933, as
amended (the "1933 Act") or any state securities laws and may not be offered or sold within the United
States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act)
unless registered under the 1933 Act and applicable state securities laws, or an exemption from such
registration requirements is available.
Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the
adequacy or accuracy of this release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/278503