PTX Metals Inc

Description

PTX Metals Inc is a Canadian exploration company focused on the W2 copper-nickel-PGE-gold project in northwestern Ontario and a 75%-owned South Timmins gold portfolio. The company also holds a significant listed equity interest in Green Canada Uranium Corp. and a portfolio of royalties.
The investment case is inexpensive fully diluted exposure to a large conceptual W2 polymetallic system, active drilling, encouraging metallurgy and multiple gold targets in a Tier 1 jurisdiction. W2 is the flagship, covering approximately 22,700 ha with a conceptual exploration target of 60–135 Mt at 0.50–0.78% CuEq. This is not a Mineral Resource. A 5,000 m drilling program resumed in September 2026 and locked-cycle testing reported 97% copper recovery to a 28% copper concentrate. PTX currently has no compliant MRE, mine plan or production guidance.

List of Projects:

Project 1: W2, Ontario, Canada — Copper-Nickel-PGE-Gold / Flagship Early Exploration
Approximately 22,700 ha. Current drilling targets CA1 and regional targets including Central, T-Target, Lake Rowell and North Limb. The exploration target is conceptual only.

Project 2: Shining Tree, Ontario, Canada — Gold / 75%-owned / Early Exploration
Approximately 23,385 ha within the South Timmins portfolio. Phase 1 drilling at the historic Ronda area is complete, with additional assay work pending.

Project 3: Heenan, Ontario, Canada — Gold / 75%-owned / Early Exploration
Approximately 425 ha. Part of the South Timmins joint venture with a newly recognized gold system requiring further testing.

Project 4: Mallard, Ontario, Canada — Gold / 75%-owned / Early Exploration
Approximately 5,275 ha adjoining Heenan and providing additional district-scale gold optionality.

Project 5: Strategic Portfolio — Uranium / Equity and Royalty Interests
PTX holds a significant equity interest in Green Canada Uranium Corp., whose portfolio includes Marshall, Beartooth Island and Quebec uranium projects. PTX also retains royalties on Sonia-Puma, McFaulds Lake, MacMurchy and Dorothy/other claims.

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List of projects

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