PTX Metals Stock Price, News & Analysis

PTX Metals (OTCQB:PANXF, TSXV:PTX) launched a 5,000 metre diamond drill program at the W2 Cu‑Ni‑PGE‑Au project in Ontario on December 1, 2025, targeting the Central Target with initial holes at the CA1 and AP zones.

Drilling follows compilation of >120 historic and PTX drill holes, a 2025 high‑resolution magnetic survey, electromagnetic Maxwell plates, and recent preliminary metallurgical work. Operations are based from an exploration camp using local Webequie First Nation support and regional infrastructure agreements.

Green Canada Corporation (PANXF) announced a proposed reverse take‑over (Proposed RTO) of MAACKK Capital and a concurrent proposed acquisition of the Marshall Project from Basin Energy (BSN) dated November 13, 2025, with the RTO LOI and Mineral Rights LOI. The transaction includes a proposed Concurrent Financing of C$2,500,000, a MAACKK share consolidation at 6.25:1, and PTX Metals holding 54.3% of GCC (18,166,666 shares) before closing.

Consideration for the Marshall Project includes C$600,000 cash in four annual instalments, C$300,000 in shares over three years, and 9.99% of Resulting Issuer shares at closing; BSN retains certain ROFR and repurchase rights.

PTX Metals (OTCQB: PANXF / TSXV: PTX) reported positive 3D inversion results from its 2025 magnetic survey at the W2 Cu-Ni-PGE project in Ontario, which strengthen drill targeting and target expansion visibility.

Key technical findings: a geologically preferred folded horizon estimated at ~8 km strike, stacked north-south imbrications producing near-surface bulk-tonnage targets, and a stacked zone example reaching up to 1,850 m width extending to depth. Work programs underway include a drill program, metallurgical testing, paragenesis and age-dating studies on 2024–2025 core.

Other updates: a LIDAR survey flown in October 2025 with results expected by early January 2026, and the Ontario–Webequie agreement signed on October 29, 2025 to advance regional infrastructure near the project.

PTX Metals (OTCQB: PANXF, TSXV: PTX) has started a pre-drilling work program at its Shining Tree Gold Project in South Timmins along the Ridout-Tyrrell Deformation Zone (RTDZ) on October 22, 2025. The program includes a detailed structural review by SRK Consulting and an ~8,000-hectare airborne magnetic survey by Terrascope flown at 35-m spacing with 3D inversion to refine drill targets.

PTX highlighted past surface results at the Ronda target, including 60.30 g/t Au over 0.50 m within 9.04 g/t Au over 16.15 m from February 2024 stripping and channel sampling. A drill program is planned to follow the targeting work. PTX also noted its combined Shining Tree and Heenan-Mallard land package totals ~300 km2.

PTX Metals (OTCQB:PANXF) has announced positive mineralogy results and work program updates for its W2 Copper-Nickel-PGE and Gold Project in Ontario, Canada. The preliminary mineralogy study revealed high mineral liberation rates, with pyrrhotite at 96.8%, pyrite at 94.2%, chalcopyrite at 94.25%, and pentlandite at 92%.

The company has initiated several key programs for Q3 2025, including: metallurgical testing by SGS Canada to evaluate flotation response and mineral recovery, a 3D-inversion geophysics study of the Central Target area, and age-dating studies to understand the deposit's relationship with the Ring of Fire region. The mineralization along the trend can be traced for approximately 8 kilometers.

PTX Metals Inc. (PANXF) has reported significant drill results from hole W225-09 at its W2 Cu-Ni-PGE and Gold Project in Ontario. The hole intersected substantial mineralization, including 49.16m of sulphide mineralization with 0.45% Cu+Ni and 0.21 g/t Au+Pt+Pd. Notable high-grade intervals include 30.00m of 0.59% Cu+Ni and 0.26 g/t Au+Pt+Pd, and 7.50m grading 1.05% Cu+Ni and 0.29 g/t Au+Pt+Pd. The drilling results validate a significant portion of the 2024 Exploration Target, which ranges from 59 million to 135 million tonnes of PGEs. The company's systematic assaying approach has revealed improved PGE mineralization in both CA1 and CA2 zones, with mineralization remaining open at depth and along strike.

PTX Metals (PANXF) reported positive drilling results from its W2 Cu-Ni-PGE and Gold Project in Ontario's Ring of Fire. Drill holes W225-08 and W225-12 confirmed high-grade copper mineralization with multiple intervals above 1% Cu and consistent copper-nickel mineralization. W225-08 intercepted 97.05m of near-surface mineralization starting at 26.95m, while W225-12 intersected 88.00m of sulphide mineralization. Notable high grades include 1.80% copper, 0.74% nickel, 0.52 g/t gold, 1.05 g/t palladium, and 0.55 g/t platinum. The results validate the potential for a large bulk tonnage project across an 8km strike length, showing improvement in both widths and grades compared to historical holes.

PTX Metals (PANXF) has reported significant drilling results from its W2 Cu-Ni-PGE and Gold Project in Ontario's Ring of Fire. The company's drill hole W225-10 intercepted the widest near-surface mineralization to date at 235.14m, starting at 19.86m depth. Notable high-grade findings include up to 1.81% Copper, 1.48% Nickel, 5.59 g/t Gold, 0.66 g/t Platinum, and 0.57 g/t Palladium. A second drill hole, W225-11, located 3km east, demonstrated consistency along strike with 58m of mineralization including 17m of 0.50% Cu, 0.40% Ni. The systematic sampling showed improved widths compared to historical drilling, suggesting potential for expanded mineralization at depth. This marks the first drilling campaign in the CA zones since the 1990s, targeting an area interpreted to extend approximately 8km in strike length.

PTX Metals (PANXF) has enhanced its geological interpretation of the W2 Cu-Ni-PGE Project in Ontario's Ring of Fire through a refined 3D model and new Heli-GT Magnetic Survey results. The updated model reveals an 8-kilometer strike length folded stratigraphy-parallel horizon hosting mineralization, suggesting potential continuity between previously discrete zones (CA1, CA2, and AP). The interpretation identified thrusting/fault patterns that explain thick mineralization at the CA1 showing, ideal for potential near-surface bulk extraction. The company's database now includes 20 additional historical drill holes, totaling 20,402m across 111 drill holes. The high-resolution magnetic survey has improved the definition of known anomalies and identified untested targets with expansion potential. Additionally, PTX announced the appointment of Cindy Davis, the company's Corporate Controller, as the new Chief Financial Officer, replacing Graham Warren.