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PTX Metals Starts Drilling at the Ronda Target on Its Shining Tree Project

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PTX Metals (PTX.V) on Wednesday said drilling is underway at the Ronda target on its Shining Tree Project in northern Ontario.

"This program is designed to test the continuity of high-grade mineralization while continuing to build our understanding of a broader mineralized corridor in one of Ontario's most prospective gold districts," said Chief Executive Greg Ferron. "With existing infrastructure, strong regional exploration activity and multiple targets across the property, we believe Shining Tree offers significant discovery and growth potential."

The company is also launching a soil sampling program over the four recently identified targets.

Shares of the company were last seen unchanged at $0.12 on the TSX Venture Exchange.

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