SHININGTREE PROPERTY

Platinex’s focus is the Shining Tree gold property in the Abitibi gold province of Ontario, which is a world-renowned for gold. The company also has royalties on gold, PGE and base metal properties in Canada and Chile.

Platinex has acquired, through option agreements and staking, a district scale gold property in Shining Tree comprising 21,720 ha (53,671 ac.), making it the largest gold prospect in the Shining Tree area.

The southwestern Abitibi has experienced a transformation in the last ten years with the discovery and now development of several multi-million-ounce gold deposits, mainly along the Ridout-Tyrrell deformation zone. Shining Tree has the potential to host one or more Tier 1 gold deposits and since consolidating we are now de-risking the project to attract major investors.

The property is located along 21 km of the Ridout-Tyrrell deformation zone. This major deep-seated conduit for gold formation zone trends as far west as Borden Lake, through the area of IAMGOLD’s Cote Gold deposit, directly through the Platinex Shining Tree Property and on to Aris Gold’s gold project which includes the Juby deposit.