Stillwater Critical Minerals / PGE, PGEZF (TSX, OTC)

Group Ten Metals Announces Inaugural NI 43-101 Mineral Resource Estimate for the Stillwater West PGE-Ni-Cu-Co + Au Project, Montana, USA

VANCOUVER, BC / ACCESSWIRE / October 21, 2021 / Group Ten Metals Inc. (TSX.V:PGE | OTCQB:PGEZF; FSE:5D32) (the "Company" or "Group Ten") is pleased to report the first independent National Instrument 43-101 ("NI 43-101") mineral resource estimate (the "2021 Resource") for its 100%-owned Stillwater West platinum group element, nickel, copper, cobalt, and gold ("PGE-Ni-Cu-Co + Au") project in Montana, USA. The study was completed by SGS Geological Services ("SGS").
The Company will host a live webcast on Thursday October 28^th at 9am Pacific time (12pm Eastern) to discuss the 2021 Resource, recent drill campaign, and plans for the Stillwater West project. To register, click here.
Highlights

• Inferred mineral resources total 2.4 million ounces palladium, platinum, rhodium, and gold ("4E") plus 1.1 billion pounds of nickel, copper and cobalt in a constrained model totaling 157 million tonnes at an average grade of 0.45% total nickel equivalent ("NiEq") (equal to 1.20 g/t palladium equivalent, or "PdEq") using a 0.20% NiEq cut-off grade. See detailed breakdown in Tables 1 and 2 below.
• The 2021 Resource incorporates five deposits of sulphide mineralization that cover 8.7 kilometers of strike length within the central area of the project. The strong correlation that is demonstrated between resource areas and untested high-level geophysical targets (Figure 1), and metal-in-soil anomalies, provides a strong basis for expansion of the resource with 2021 drill results, and future drill campaigns (Figures 2 to 6).
• Mineralization, consisting of thick horizons of nickel and copper sulphide that are enriched in palladium, platinum, rhodium, gold and cobalt, is consistent with Group Ten's "Platreef-style" geological model that is based on known parallels with South Africa's Bushveld Igneous Complex.
• Deposits in the 2021 Resource are defined by 83 drill holes from a total of 216 holes drilled at Stillwater West prior to 2021, including all holes from Group Ten's 2019 and 2020 campaigns. A number of the remaining drill holes provide early confirmation of target mineralization in otherwise untested anomalies across much of the 32-kilometer project, accelerating future exploration programs and demonstrating significant expansion potential outside of the known deposit areas.
• Assays are pending from the 14-hole 2021 drill campaign, which focused on expansion of three of the five deposits by completing step-out holes designed to build onto the 2021 Resource.
• Rhodium totaling 61,000 ounces was modeled at three of the five target areas, where sufficient data was available. At recent spot prices, this endowment is equivalent to over 400,000 ounces palladium and over 750,000 ounces platinum. The Company believes rhodium results are understated due to the lack of historic assay data and is working to fully include rhodium in future mineral resource updates.

https://www.accesswire.com/669…Co-Au-Project-Montana-USA

bei Lundin Gold sind es aktuell nur noch 13% Retail
(Präsentation S.4, https://www.lundingold.com/en/…presentations-and-videos/ )

Zitat von Edel Man

Aus der neuenn Präsentation Oktober 2021 von PGE die Kapitalsatruktur im Anhang.

Diese weist mit lediglich 16 % ein rekordverdächtig niedriges Free Float = 16 % auf.

Und noch dies: Habe mal die Bewertung der Resourcen überschlagen : Rd. 18 $ / oz 4E" sind bizarr niedrig.

Selbst für Gold wäre diese Bewertung äussert niedrig, aber hier sind es zumeist PGM Metalle, zudem alles ohne die NEMetalle, Nlickel etc...

Grüsse
Edel

Alles anzeigen

Der niedrige Kurs lässt sich evtl auf die wahrscheinlich hohen Produktionskosten zurückführen. Schliesslich braucht es zur Gewinnung aller Metalle viele Verarbeitungsschritte.

Der Report für das zweite Quartal 21 ist bislang nicht veröffentlicht.

https://grouptenmetals.com/investors/financials/

Group Ten Metals Signs Definitive Agreement with Heritage Mining on the Black Lake-Drayton Gold Project in Ontario, Canada

November 29, 2021 – Vancouver, BC - Group Ten Metals Inc. (TSX.V: PGE | OTCQB: PGEZF; FSE: 5D32) (the “Company” or “>Group Ten”) is pleased to announce that it has signed a Definitive Agreement (the “Agreement”) with Heritage Mining Ltd. (“Heritage”) per the binding Letter of Intent (the “LOI”) announced August 26, 2021. By the terms of the Agreement, and subject to the earn-in requirements specified therein, Heritage can acquire up to a 90% interest in Group Ten’s Black Lake-Drayton gold project (the “Property”) in Ontario, Canada.
Group Ten also announces that it has initiated the exploration program required by the Agreement, with a focus on advancing and refining existing targets identified in past campaigns, as well as advancing new targets. To this end, the 2021 program includes re-sampling of core from 1996-2002 drill campaigns programs at the Moretti, Dragfold, and Bonanza targets, focused prospecting in areas of interest identified by the 2017 geophysical modelling and interpretation report, and a basal till sampling program intended to expand upon successful 2018 and 2020 programs.
Group Ten President and CEO, Michael Rowley stated, “We are pleased to announce the successful conclusion of the first in what we expect will ultimately become a series of deals whereby Group Ten begins to realize value for our non-core assets. Black Lake-Drayton, like our Kluane Ni-Cu-PGE project, is a high-quality brownfields project that is district-scale in size and 100%-owned by the Company. The Agreement with Heritage Mining provides Group Ten with significant exposure to the gold market while allowing us to focus on our 100%-owned Stillwater West project in Montana, where we see terrific potential to expand our recent inaugural resource estimates of first-world nickel, copper, palladium, platinum, rhodium, gold and cobalt. Core from 2021 resource expansion drilling at Stillwater West is progressing through the assay lab and we look forward to a series of news releases announcing results starting in the coming weeks, as well as updates on other initiatives including our work in carbon sequestration.”
Heritage Mining’s CEO, Peter Schloo stated, “It is rare that a project of this size and quality becomes available, and we appreciate Group Ten’s faith in our ability to add significant shareholder value in a timely manner. We are very excited about the Black Lake-Drayton project and look forward to developing the property in a systematic manner. This is a pivotal point in Heritage Mining’s path, and we look forward to the future. We anticipate a go-public listing shortly, pending market conditions.”

Schönes und interessantes Video (5 Min) über ihre Stillwater West Liegenschaft und die bisherigen Bohrungen bzw. ihrer Ressource dort.

Group Ten Metals Expands IP Geophysical Anomalies to 12 Kilometers in Length at Stillwater West Critical Metals Project in Montana USA
February 2, 2022 – Vancouver, BC - Group Ten Metals Inc. (TSX.V: PGE; US OTC: PGEZF; FSE: 5D32) (the “Company” or “Group Ten”) reports results from the Induced Polarization geophysical (“IP”) survey completed in 2021 at its 100%-owned Stillwater West PGE-Ni-Cu-Co + Au project in Montana, USA. The 2021 survey was completed as an expansion off the west end of the 2020 survey, covering the area between the Hybrid and DR deposits at Chrome Mountain and drill-defined high-grade gold mineralization at the Pine target area (see Figure 1). The size and strength of the resulting geophysical signatures demonstrate additional potential for large bodies of sulphide mineralization.
2021 Survey Highlights:

• High-level geophysical anomalies, measured and modeled in 3D to 800 meters depth, extend the combined model from 9.2 kilometers (“km”) to 12km in length in the center of the 32-kilometer-long Stillwater West project.
• The five deposits defined by the Company’s inaugural NI43-101 mineral resource estimate* are set in similar anomalies in the 2020 IP survey and show strong spatial correlations with IP results, demonstrating the effectiveness of the technique in targeting desirable Platreef-style sulphide mineralization in the lower Stillwater complex.
• Results of the combined IP surveys suggest significant expansion potential for drill-defined sulphide mineralization in the 2021 mineral resource estimates which delineated a total of 1.1Blbs of nickel, copper, and cobalt, plus 2.4Moz of palladium, platinum, rhodium and gold1.
• The expanded survey included the Pine target area with the objective of finalizing drill targets and advancing drill-defined high-grade gold mineralization towards definition of a formal mineral resource.
• Very high chargeability readings of over 180 mV/V were returned in the Pegmatoid Ridge target area, coincident with a strong kilometer-scale gold-in-soil anomaly that is contiguous with drill-defined high-grade gold at the Pine target, two kilometers to the southeast. Anomalous palladium, platinum, nickel and copper are also seen in soils in this area.
• IP geophysics has proven to be an effective tool for identifying high-grade sulphide mineralization in the lower Stillwater Igneous Complex, guiding Group Ten’s 2020 and 2021 drill campaigns to the discovery of multiple new high-grade magmatic horizons of Platreef-style nickel and copper sulphide mineralization, with palladium, platinum, rhodium, gold, and cobalt.

Michael Rowley, President and CEO, commented, “Results from the 2021 IP geophysical survey expanded our model of the core project area by 30% in length and advanced very high-quality targets with some of the highest chargeability readings to date. 3D models developed from the combined survey - and the strong correlation with drill-defined mineralization that is demonstrated across the core 12-kilometer span of the project - highlight the remarkable scale and potential of the mineralized system at Stillwater West and provide important information on structure and geometry for our predictive geologic model to guide future drill campaigns. Near-term, we are looking forward to announcing additional assay results from the 14 resource expansion holes drilled in 2021. Those results will allow us to finalize our exploration plans for 2022 which will focus on resource expansion drilling in priority deposit areas in addition to other high priority targets within the now expanded 12km core project area.”
[Blockierte Grafik: https://grouptenmetals.com/site/assets/files/3919/figure_1_-_2021_mre_with_combined_ip_-_final_for_nr.800x0-is.png]
Figure 1 – 2021 Mineral resource estimates (yellow) show strong correlation with 3D model results of the combined 2020 and 2021 IP survey across the expanded 12km core project area. Very large-scale chargeability and conductivity anomalies, shown in pink and blue respectively, indicate potential for additional large bodies of sulphide mineralization in the lower Stillwater complex.



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Group Ten Reports High-Grade Drill Results Spanning Seven Kilometers at Stillwater West, Demonstrating Significant Potential for Expansion of Critical Mineral Resources in Montana, USA

https://www.juniorminingnetwor…urces-in-montana-usa.html

Michael Rowley, President und CEO, kommentierte: "Der Stillwater Igneous Complex ist seit vielen Jahrzehnten eine groß angelegte amerikanische Quelle für kritische Mineralien, von Chrom, das in den 1940er und 1950er Jahren abgebaut wurde, bis hin zu Palladium und Platin, die in den 1980er Jahren unverzichtbar wurden. Unser "Platreef-in-Montana"-Modell kommt genau zum richtigen Zeitpunkt für das, was unserer Meinung nach die nächste Phase des Beitrags des Stillwater-Distrikts zur kritischen Mineralienversorgung und Rohstoffunabhängigkeit in den USA sein wird: Nickel- und Kupfersulfidlagerstätten von Weltklasse, die mit Palladium, Platin, Rhodium, Gold und Kobalt angereichert sind und sich im unteren Stillwater-Komplex bei Stillwater West befinden."

"Diese zweite Tranche von Bohrergebnissen aus unserer Ressourcenerweiterungskampagne baut gut auf den ersten Ergebnissen auf und bringt uns weiter auf dem Weg zu erweiterten Ressourcenschätzungen in drei der fünf Lagerstättengebiete auf einer vorrangigen Basis voran. Wir sehen in zahlreichen Bohrlöchern im 12 Kilometer langen Kernprojektgebiet weiterhin Nachweise für ein großes mineralisiertes System mit einer beeindruckenden Ausstattung mit acht der von der US-Regierung als kritisch eingestuften Rohstoffe. Darüber hinaus sehen wir weiterhin gute Möglichkeiten für mögliche Abbaumethoden mit sukzessive höhergradigen Abschnitten, die innerhalb breiterer Abschnitte von Hunderten von Metern mit niedriggradigeren Mineralisierungen enthalten sind. Wir freuen uns darauf, in naher Zukunft weitere Bohrergebnisse, Explorationspläne für 2022 und andere Neuigkeiten zu melden."
Übersetzt mit http://www.DeepL.com/Translator (kostenlose Version)

Hat jemand Nickel gesagt?

gute Zusammenfassung:

https://goldnewsletter.com/go050322/

Group Ten Reports 13.2 Meters of 3.33% Nickel Equivalent Within 401 Meters Continuous Mineralization from Resource Expansion Drilling at Stillwater West Critical Minerals Project in Montana, USA

https://www.accesswire.com/699…ls-Project-in-Montana-USA