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Overview of Stillwater Critical Minerals
Stillwater Critical Minerals (PGEZF) is a specialized mineral exploration company focused on the advancement of its flagship Stillwater West Ni-PGE-Cu-Co + Au project in Montana, USA. Operating in one of the world’s most iconic and historically productive mining districts, the Company is dedicated to evaluating and developing a suite of critical minerals that are essential to modern industrial applications and national security. With deep geological expertise, state-of-the-art exploration techniques, and strategic investments from esteemed partners, Stillwater has positioned itself within the competitive landscape of US-based resource advancement.
Core Business and Operations
The Company is primarily engaged in extensive geological and geophysical exploration at its Stillwater West project, where systematic drilling campaigns and detailed resource modeling leverage modern interpretation techniques. Through the application of NI 43-101 compliant mineral resource estimates, Stillwater has demonstrated a robust inventory of minerals including nickel, copper, cobalt, palladium, platinum, rhodium, and gold. Key exploration phases have been driven by high-resolution geophysical surveys, multi-element assay analyses, and comparative studies with established global tier deposits, such as those found in the Bushveld and Platreef complexes.
Technological and Geological Expertise
Utilizing advanced 3D geologic modeling systems, Stillwater integrates traditional field measurements with cutting-edge geophysical mapping to pinpoint prospective deposit zones. The Company's technical committee, supported by input from renowned geologists, has honed several exploration strategies that include targeting polymetallic mineralization and understanding complex structural controls within layered mafic-ultramafic intrusions. This disciplined approach not only reinforces its credibility but also aligns with the broader strategic interest in securing domestic sources of critical materials.
Industry Significance and Competitive Landscape
Stillwater stands out through its comprehensive approach to exploration, marked by the synthesis of historical production data, innovative drilling techniques, and the strategic backing of global partners. Its operations in a historically prolific mining district provide unique insights into large-scale mineralization trends and co-product opportunities, creating diversified asset exposure to multiple critical commodities. Situated alongside other major producers in the region, the Company remains focused on reducing reliance on overseas imports by bolstering domestic supply chains for essential minerals, a priority recognized by US government initiatives.
Exploration Strategy and Business Model
Central to the Company's business model is the expedient identification and delineation of extensive mineral resources. Exploration expenditures are directed towards drilling campaigns, geophysical surveys, and resource expansion studies that are designed to upgrade existing mineral resources. The integration of technical data with rigorous QA/QC protocols ensures that its findings are both reliable and actionable. This methodical approach underpins the Company’s long-term strategy of building a robust asset portfolio that is situated in a jurisdiction known for stable regulatory frameworks and historical mining success.
Operational Excellence and Future Insights
While Stillwater continues to advance its flagship project, the Company has also established a framework for potential partnerships and strategic financing. Elements such as board representation by major investors and collaborations on advanced research projects underscore its commitment to operational transparency and technical excellence. Although Stillwater emphasizes a detailed understanding of its current project pipeline, its ongoing exploration work and integration of multidisciplinary research are pivotal in providing a nuanced perspective on domestic critical mineral production.
Conclusion
In summary, Stillwater Critical Minerals exemplifies a methodical, technology-driven approach within the realm of mineral exploration. With a comprehensive focus on critical commodities, a commitment to advanced geologic modeling, and strategic collaborations with industry titans, the Company provides an informative case study in how modern exploration techniques can be leveraged to establish a secure and diversified supply of essential minerals. This unfaltering commitment to technical precision and strategic insight enables investors and industry observers alike to gain a deeper understanding of the evolving dynamics in the North American critical minerals sector.
Group Ten Metals (OTCQB: PGEZF | TSX.V: PGE) will present live at VirtualInvestorConferences.com on December 8, 2021, at 3:00 PM ET. The presentation will focus on the company's Stillwater West project in Montana, which includes significant resources like over one billion pounds of nickel, copper, and cobalt, as well as 2.4 million ounces of platinum group elements. Investors can interact with company representatives during the event, and a recorded version will be available later. Pre-registration is recommended for efficient participation.
Group Ten Metals Inc. has signed a Definitive Agreement with Heritage Mining Ltd. to allow Heritage to acquire up to a 90% interest in the Black Lake-Drayton gold project in Ontario, Canada. The exploration program has commenced, focusing on targets identified in prior campaigns and new prospects. Under the Agreement, Heritage will issue 7.2 million shares and pay CAD $300,000 in cash while completing CAD $5 million in exploration work. Group Ten retains a 10% carried interest through feasibility completion, pursuing value from non-core assets.
Group Ten Metals Inc. has announced its first independent NI 43-101 mineral resource estimate for its Stillwater West project in Montana. This resource includes 2.4 million ounces of palladium, platinum, rhodium, and gold, alongside 1.1 billion pounds of nickel, copper, and cobalt. The company has identified strong potential for resource expansion backed by recent drill campaigns and geophysical surveys. A live webcast on October 28 will detail the resource results and future drills. Assays for the latest drill campaign are pending, with expectations for significant mineralization in the identified targets.
Group Ten Metals (PGEZF) provided an update on its Stillwater West PGE-Ni-Cu-Co + Au project, highlighting ongoing mineral resource estimation and a partnership with University of British Columbia to explore carbon sequestration. Diamond drilling has commenced with 12 holes completed, and an Induced Polarization geophysical survey is underway. The project aims to enhance sustainability through lower carbon emissions and capitalize on demand for battery and catalytic metals. Upcoming resource estimates are anticipated, along with potential financial benefits from carbon sequestration credits.
Group Ten Metals Inc. has signed a binding Letter of Intent (LOI) with Heritage Mining Ltd. to potentially transfer up to a 90% interest in the Black Lake-Drayton gold project in Ontario. Heritage must issue 7.2 million shares, pay CAD $320,000 in cash, and complete CAD $5 million in exploration work to earn this stake. Group Ten will retain a 10% interest and could benefit from discovery payments. The transaction is subject to regulatory approvals and is expected to close around October 23, 2021.
Group Ten Metals Inc. (PGEZF) has announced the addition of a second drill rig at its flagship Stillwater West PGE-Ni-Cu-Co + Au project in Montana. The company is advancing its ambitious 10,000-meter drill campaign, focusing on expanding mineralization across the Chrome Mountain, Camp, and Iron Mountain target areas. The campaign aims to enhance resource estimates that are expected to be released in the summer. Group Ten is positioned as a leading developer of low-carbon battery and precious metals in a significant mining region, boosting its potential as a major supplier in the industry.
Group Ten Metals (OTCQB: PGEZF), based in Vancouver, Canada, focuses on battery metals and platinum group elements in Montana's Stillwater District. The company announced that President & CEO Michael Rowley will present live at VirtualInvestorConferences.com on July 29 at 2:00 PM ET. This event allows real-time investor questions and will have an archived webcast available afterward. Group Ten Metals is advancing its Stillwater West PGE-Ni-Cu-Co project with a 10,000-meter drill campaign and expects an initial resource estimate this summer.
Group Ten Metals Inc. announced on June 30, 2021, that it has secured DTC eligibility for its shares trading in the U.S. under the symbol PGEZF, effective June 29, 2021. This eligibility enhances the trading process by allowing electronic clearing and settlement through the Depository Trust Company, which will benefit investors by speeding up transactions. Group Ten aims to release an initial mineral resource estimate for its flagship Stillwater West project this summer, focusing on battery and platinum group metals.
Group Ten Metals has commenced a significant drilling campaign at its Stillwater West project in Montana, with the first drill rig now on site. The campaign aims to drill 10,000 meters to expand known mineralization, with results expected to enhance resource estimates by summer 2021. The project focuses on platinum, palladium, nickel, copper, cobalt, and gold, essential for the electrification movement. The Company anticipates this drilling will lead to further resource estimations and geological mapping to prepare additional targets for drilling.
Group Ten Metals Inc. has retained Oretest Drilling and Simcoe Geoscience for its largest exploration program at the Stillwater West project in Montana, targeting platinum group elements (PGE), nickel, copper, cobalt, and gold. A 10,000-meter drilling campaign aims to expand known mineralization, with initial resource estimates expected in summer 2021. The Alpha IP survey will build on last year's successful results, enhancing target definition. The company plans to explore promising markers for low-carbon battery metals critical to electrification and green technologies.