Platinex Inc. announced results from the geological compilation and 3D modelling program completed by BAW Mining Inc. on its 100% owned W2 Copper-Nickel-PGE project located in a region of world-class geological targets near Northern Ontario's Ring of Fire. In total, 71 holes totaling 12,157 metres drilled by historical operators (Aurora Platinum, Canadian Nickel/INCO, and KWG Resources) were compiled into digital format. BAW completed one geological model, one moderate-grade mineralization model (calculated as copper equivalent (CuEq)1 grades over 0.3%) and one high-grade mineralization model with CuEq over 0.8% based on the compiled data.

Key findings of the modelling program include: Moderate-grade mineralization is extensive (over 6 km strike length) in the central area of the W2 project with mineralized zones open to depth and in all directions. Multiple zones of high-grade mineralization with over 0.8% CuEq were identified. Drill target areas have been designed and were categorized into three categories (confirmation, expansion, greenfield).

Further exploration programs, such as gravity, EM, and induced polarization (IP) geophysical surveys as well as more data compilation on the W2 project are being planned to refine certain drilling targets on top of the 3D modelling.