PTX Metals Inc. Reports Compilation of Geophysical Data and Ongoing Activities at Its W2 Cu-Ni-PGEs Project

Toronto, Ontario--(Newsfile Corp. - November 7, 2025) - PTX Metals Inc. (TSXV: PTX) (OTCQB: PANXF) (FSE: 9PX) ("PTX" or the "Company") is pleased to report positive results of the 3D inversion processed from the 2025 magnetic survey ("Mag Survey") at its W2 Copper-Nickel and Platinum-Palladium-Gold (PGEs) Project in Ontario, Canada. This new data brings significant insight into the behavior at surface and depth of the targeted gabbroic horizons linked with the mineralization. This leads to increasing confidence for drill targeting and provides more visibility for expansion of the target. The Company is also advancing other activities including a drill program at W2 Project.

Additionally, PTX Metals is pleased to see recent developments announced by Ontario government on October 29, 2025, related to a signed agreement with Webequie First Nations that includes:

• Funding local community priorities
• Providing necessary infrastructure upgrades
• Speeding up construction of the roads and infrastructure in the region (see Ontario and Webequie First Nation Sign Historic Agreement to Unlock the Ring of Fire).

• Results from the 3D Inversion

Figure 1: Location of the 3D section highlighted below in Figure 2. Background is the TMI result from the mag survey.

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Figure 2: 3D section of the CA1 zone showing the 3D inversion results (bottom figure), and two zoom-in sections showing % CuEq intercepts and logged lithology as indicated (top figure).

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Results are strongly suggestive of a magmatic causative source highlighted as a stronger response in the magnetic pattern (yellow and red in Figure 2), which correlates well with the position of the mapped magnetic gabbro. Earlier this year, the Company released an initial geological interpretation identifying a preferred folded horizon extending for an estimated 8-km in strike length. Additional structures such as thrusting and faulting led to imbrications for stacked mineralized intercepts especially in the CA zones. Similarly, the AP zones seem to have been strongly structurally affected as well.