Platinex Announces New Technical Members to the Team

TORONTO, April 22, 2021 (GLOBE NEWSWIRE) -- Platinex Inc. (CSE: PTX) (Frankfurt: 9PX) (the "Company" or "Platinex") is pleased to announce the appointment of Jamie Lavigne and Blaine Webster to the Company’s technical committee. Both individuals bring significant industry experience including work directly in the area at Cote Gold deposit and in the Shining Tree camp.

Jamie Lavigne has over 30 years of experience in exploration, resource delineation, and mining and has played key roles in several successful gold exploration and development projects. Mr. Lavigne completed the first two mineral resource estimates for the Cote Lake Gold deposit for Trelawney Mining and Exploration Inc. Upon the acquisition of Trelawney in 2012, Mr. Lavigne complete two mineral resource updates for IAMGOLD Corporation. Mr. Lavigne held the position of Senior Geologist and supervised the delineation of more than 2 Moz of gold at the West Meliadine Gold Project, currently being mined by Agnico Eagle Mines Limited. During the period 2013 to 2016, Mr. Lavigne explored a large tract of ground in central Myanmar. Mr. Lavigne completed a detailed interpretation and geological model of the Nugget Pond gold deposit, western Newfoundland which was subsequently put into production. Since 2009, Mr. Lavigne has operated as an Independent Consulting Geologist including work at Bonterra Resources Inc and Jerritt Canyon Gold Mine. Mr. Lavigne is a Professional Geologist (P.Geo).

Blaine Webster joined INCO in 1971, working there until 1979 and becoming highly experienced in mining exploration. From 1979 to 1982 he supervised the ground and drill hole survey division at Scintrex Limited and in 1983 established JVX Ltd. which operated until 2014 conducting 1500 geophysical surveys in 35 countries around the world. He founded Goldeye Explorations Limited in 1986, taking it public in 1997. Goldeye made significant gold discoveries in Ontario at Sandy Lake and in Tyrrell Twp. (now part of Aris Gold property). Mr. Webster brings to Platinex 44 years of exploration experience on 5 continents including 25 years studying and exploring the Shining Tree area. Mr. Webster graduated from UBC in 1971 in geophysics and geology.