Expert Confirms Platinex Shining Tree Gold Dispersal Train Signifies Abundant Gold Sources

Platinex Inc. (TSX VENTURE:PTX), is pleased to announce today that W.A.
Hubacheck Consultants Ltd., ("Hubacheck"), a geological consulting firm and
recognized leader in glacial drift prospecting, has confirmed that widespread
anomalous gold grain counts in till are indicative of nearby lode gold
occurrences or deposits on Platinex's Shining Tree property. Some of the higher
gold grain counts are associated with one or more northeasterly trending shears
which cross the property for an approximate nine kilometre strike length.
Anomalous pathfinder elements in tills such as arsenic, molybdenum, copper and
manganese identified in the same sample program suggest a parallel north/south
gold bearing structural system associated with the Herrick Deposit
mineralization (see Platinex's press release dated February 17, 2011).


Overburden Drilling Management Ltd., ("ODM") has pioneered modern glacial drift
prospecting techniques in tracing of gold grains to deposits and has been
engaged by Platinex for the work at Shining Tree. Mr. Hubacheck supports this
approach and stated "Glacial drift prospecting for base and precious metal
deposits has been very effective in the glaciated shields of Canada and Europe
leading to many significant commercial discoveries".


James R. Trusler, President and CEO of Platinex Inc. stated, "We are pleased to
have two industry experts in the field of gold grain counts in glacial drift
working with Platinex on our Shining Tree project. This is important work in the
development of Platinex's overall position in the emerging Shining Tree gold
camp and to enable Platinex to home in on gold deposits. Our exploration team's
use of gold in till results as a viable tool for targeting future drilling
prospects has been validated by Hubacheck and ODM, and we are pleased that they
will continue to be a resource for us in our ongoing drilling work at Shining
Tree. We continue to be excited about the prospects for our Shining Tree project
because the gold in till counts are significantly greater than in the
immediately surrounding areas which suggests we are very close to the lode
source of the gold".


Mr. Hubacheck has also noted that a 25 gold grain sample, collected from
trenches 400 m south of the Herrick deposit exposure, may be sourced from
untested mineralization proximal to but east of the Herrick deposit and an
additional target area parallels the Herrick deposit 400m to 800m to the west.
"These untested areas are more pronounced in terms of gold grain counts and
anomalous pathfinder elements than the known deposits on the property."


James R. Trusler, President and CEO of Platinex Inc. stated, "We are continuing
to sample up ice from the 41 samples in the till dispersion train. Recently 57
samples have been submitted to Overburden Drilling Management and we are
expecting results later in the month. Prospecting, stripping and sampling will
be conducted throughout the summer in preparation for drilling."


For the purpose of this release Mr. Peter Hubacheck, P. Geo. is the qualified
person and has reviewed the geotechnical information reported herein.


About Platinex Inc.

Platinex has recently revealed strong evidence of a major gold bearing zone on
its Shining Tree property as evidenced by an extraordinarily high gold content
of soil samples along a nine km long corridor. Platinex is also exploring the
Herrick gold deposit with 66 holes drilled to date returning encouraging gold
values. Platinex's management team has been leaders in the exploration and
development of Platinum Group Elements (PGE's) in North America for 24 years.
Shares of Platinex are listed for trading on the TSX Venture Exchange under the
symbol "PTX".


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FORWARD-LOOKING STATEMENTS:

Except for statements of historical fact, all statements in this news release -
including, without limitation, statements regarding future plans and objectives,
are forward-looking statements that involve various risks and uncertainties.
There can be no assurance that such statements will prove to be accurate; actual
results and future events could differ materially from those anticipated in such
statements.
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