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Platinex Inc.

12:01 PM EST - Platinex Inc. : announced the latest results from of a 26-hole, 1,270-metre diamond drilling program on its Herrick prospect in Churchill Township, Ontario. The Herrick prospect is one of several historic gold deposits located at Platinex's wholly-owned Shining Tree gold property. The latest results have extended the strike of the structure, as well as indicating that significant gold mineralization occurs in thicker zones than was previously recognized. The original surface sampling by Herrick Gold Mines outlined a 97.5-m length in three sections of the Central zone averaging 20.28 g/tonne Au/1.30 m and a length of 63.9 m of the West zone averaging 9.15 g/tonne Au/1.27 m. Further sampling of the upper 25 m of the shaft averaged 50 g/tonne Au/1.5 m. These results have not been qualified. Platinex Inc. shares V.PTX are trading even at $0.08.