Platinex Outlines Gold Dispersion Train at Shining Tree
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Platinex Acquires Mining Claims in Shining Tree From
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Platinex Acquires Mining Claims in Shining Tree From Trillium Mining Corp Consolidating Former Production Area
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Platinex Inc. (CSE: PTX) (Frankfurt 9PX) (the
Company or
Platinex ) is pleased to provide an update on its exploration activities at its 100% owned Shining Tree project, northern Ontario. The Shining Tree Property (“Property”) is situated in the Abitibi Greenstone Belt comprising 21,720 ha (53,648 ac.), making it the largest land position in the Shining Tree area. The property is located to the east of IAMGOLD’s Cote Gold deposit and along 21 km of the Ridout-Tyrrell deformation zone (“RTDZ”) and borders Aris’s Gold’s Juby Deposit.
Drilling Program Commenced:
The phase 1 drill program will total 3,500 metre, and the first 1,000m tranche has commenced. The program will test 2-5 targets including intersections of a collection of east-northeast-trending veins and a slaty pyritic and graphitic metasedimentary rock unit known locally as the Evelyn vein. The program will attempt to characterize the mineralization in the intersection between the wide mineralized zone