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Stillwater Critical Minerals (TSX.V:PGE)(OTCQB:PGEZF) is a mineral exploration company focused on the flagship Stillwater West Ni-PGE-Cu-Co + Au project in Montana, USA. The company has received a significant investment from Glencore, a global mining giant, to advance the project. With an expanded NI 43-101 mineral resource estimate, Stillwater West boasts the largest nickel resource in an active US mining district. The project contains five Platreef-style nickel and copper sulphide deposits, hosting 1.6 billion pounds of nickel, copper, cobalt, and 3.8 million ounces of palladium, platinum, rhodium, and gold. Stillwater is strategically positioned to contribute to the US government's aim of building domestic supply chains for critical minerals.
Stillwater Critical Minerals (TSX.V:PGE; OTCQB:PGEZF) announced significant high-grade mineralization results from its Stillwater West project. The Pine target revealed averages of 9.0 g/t Au, 0.69 g/t Pd, and 0.69 g/t Pt in rock chip samples. Historic core acquisition supports the advancement towards a compliant resource estimate. Further updates are expected as the company plans to integrate new geological models and conduct geological campaigns. The 2021 Mineral Resource Estimate is nearing completion, highlighting substantial potential for gold, palladium, and nickel.
Stillwater Critical Minerals (formerly Group Ten Metals) has filed an Early Warning Report regarding its 3,900,000 common shares in Heritage Mining Ltd., representing approximately 11.8% of Heritage's total shares. The shares were received alongside a $150,000 cash payment and $500,000 project work completion, fulfilling commitments for the Drayton-Black Lake gold project.
Stillwater may take future actions with these shares based on market conditions. The report aligns with National Instrument 62-103 regulations, details available on SEDAR.
Stillwater Critical Minerals (formerly Group Ten Metals) has applied for TSX Venture Exchange approval to extend the expiry date of 5,233,824 warrants originally due November 21, 2022, to May 21, 2023. Each warrant allows the acquisition of one common share at an exercise price of CDN$ 0.25. The company is focused on its Stillwater West PGE-Ni-Cu-Co + Au project in Montana and aims to enhance its critical mineral supply. The team has recently added two experienced geologists for advancing operations.
Stillwater Critical Minerals has engaged SGS Geological Services to produce an updated NI 43-101 mineral resource estimate for its Stillwater West project in Montana. Recent drilling indicated significant mineralization, including high-grade nickel and other critical minerals, across multiple sites. The project is recognized for its potential to supply essential battery metals. The company is also exploring carbon sequestration technologies in collaboration with academic institutions.
Stillwater Critical Minerals (TSX.V:PGE, OTCQB:PGEZF) is set to present at the Emerging Growth Metals Mining & Resource Conference on October 5, 2022, at 8:15 am PT. CEO Michael Rowley will discuss market insights and catalysts from the Stillwater mining district, focusing on low-carbon mineral supply. The company will also attend the New Orleans Investment Conference from October 12-15, 2022. Upcoming milestones include an updated resource estimate and progress on carbon sequestration studies.
Stillwater Critical Minerals (TSX.V:PGE, OTCQB:PGEZF) will present at the Emerging Growth Conference on September 28, 2022, at 9:00am PT. The presentation will feature President and CEO Michael Rowley, who will discuss critical minerals markets and upcoming catalysts from the Stillwater mining district. The event allows interactive participation, including a Q&A session. The company is focused on advancing its Stillwater West PGE-Ni-Cu-Co + Au project in Montana, with goals for a new mineral resource estimate in 2022.
Stillwater Critical Minerals congratulated Heritage Mining Ltd. on successfully completing their Initial Public Offering (IPO) and commencing trading under the symbol HML. Under an earn-in agreement, Heritage can acquire up to a 90% interest in the Drayton-Black Lake gold project through cash and share payments totaling $320,000 and 7,200,000 shares, alongside $5,000,000 in exploration work. SWCM retains a 10% interest and potential success-based payments for gold discoveries. The project in Ontario has substantial exploration potential with established gold reserves.
Stillwater Critical Minerals (OTCQB:PGEZF) announced an update on the Stillwater West project, a 100%-owned PGE-Ni-Cu-Co + Au initiative in Montana. The company aims to accelerate exploration activities in 2022, focusing on integrating advanced Platreef geological models, updating resource estimates, and expanding on successful drilling campaigns. With a recently appointed expert team, including geologists with extensive experience, Stillwater intends to enhance its mineral resource definitions and potentially secure significant low-carbon critical minerals necessary for electrification and environmental sustainability.
Stillwater Critical Minerals, formerly Group Ten Metals, has announced positive first-pass drill results from its Stillwater West PGE-Ni-Cu-Co + Au project in Montana. The 14-hole resource expansion campaign revealed wide intervals of nickel sulphide mineralization with palladium, platinum, rhodium, cobalt, copper, and gold. Notably, drill hole IM2021-05 reported 379.2 meters of 0.33% NiEq, making it the second most mineralized hole in the area. These results indicate significant potential to expand the October 2021 mineral resource estimates.
Group Ten Metals Inc. will rebrand as Stillwater Critical Minerals Corp. on June 13, 2022, reflecting its focus on critical minerals at the Stillwater West project in Montana. The project comprises eight critical metals, including nickel, cobalt, and platinum, essential for battery and catalytic applications. The company announced the addition of experienced geologists to enhance exploration efforts. Shareholders need not take action regarding the name change, and the stock symbols remain unchanged. A new website and Twitter handle have been launched.