Stillwater Stock Price, News & Analysis

Stillwater Critical Minerals has announced the results of its 2023 drilling campaign at its Stillwater West project in Montana, funded by Glencore's strategic equity investments totaling approximately $7.05 million. High-grade nickel, platinum, and palladium mineralization was discovered, with significant intersections including 3.96 g/t Pt and 2.84 g/t Pd. Six holes totaling 2,310 meters were drilled, revealing potential to expand mineral resources at various cut-off grades. Highlights include 44.2m at 0.83 g/t 3E and 347.3m at 0.20% NiEq. The drilling campaign has also advanced the geological model of the Stillwater Igneous Complex, demonstrating three styles of mineralization: Platreef-style, N-series, and reef-type. The company is focused on further expansion and potential production scenarios, with rhodium assay results pending.

Stillwater Critical Minerals has appointed Bradley Adamson to its Board of Directors as an Independent Director. Adamson, a professional with over 25 years of experience in the resource industry, currently leads Business Development for Glencore's nickel group and has a proven track record in nickel and cobalt metallurgy. He has a strong background in operational, project development, and commercial aspects within the mining industry. Stillwater's CEO Michael Rowley highlighted Adamson's extensive expertise as an asset in advancing the company's flagship Stillwater West critical minerals project.

Additionally, Stillwater announced an application to extend the expiration date of 7,406,250 warrants, originally issued in June 2021, to June 16, 2025. These warrants allow holders to acquire one common share at CDN$0.55 each.

Stillwater Critical Minerals (PGEZF) announced its participation in the Emerging Growth Conference on May 29th, 2024. The live event will feature CEO Michael Rowley, who will provide an overview and updates on the company's flagship Stillwater West project in Montana. The presentation highlights anticipated catalysts and objectives for 2024. Shareholders and investors can interact live with Rowley and ask questions. The event starts at 11:25 am ET, and an archived webcast will be available on EmergingGrowth.com and YouTube post-event.

CEO.CA, a leading investor social network for junior mining stocks, has released exclusive updates through its 'Inside the Boardroom' interview series. The platform, a subsidiary of EarthLabs, boasts millions of annual visitors engaging with industry insights and stories. This week, CEO.CA featured interviews with Michael Rowley of Stillwater Critical Minerals (OTCQB: PGEZF), Greg McKenzie of Silver Storm Mining (OTCQB: SVRSF), and Bradley Rourke of Scottie Resources (OTCQB: SCTSF). The series provides firsthand knowledge from industry leaders, highlighting their vision, challenges, and strategies. For more, visit CEO.CA or their YouTube channel.

Stillwater Critical Minerals has announced the discovery of new sulphide mineralization at its Stillwater West project in Montana. The drill campaign, funded by Glencore, completed six holes totaling 2,310 meters, revealing significant nickel and copper sulphide mineralization. Key findings include wide intervals of higher-grade mineralization, with the potential to expand the 2023 Mineral Resource Estimate. Highlights include:

- CM2023-04: 98.8m @ 0.27% NiEq, including 44.0m @ 0.35% NiEq

- CM2023-05: 293.8m @ 0.22% NiEq, including 52.1m @ 0.49% NiEq

- CM2023-06: 158.9m @ 0.22% NiEq, including 25.9m @ 0.50% NiEq

The project is seen as having potential for large-scale mining with polymetallic deposits. Additional drilling is planned to confirm and expand these findings. The company and its investors are optimistic about the resource expansion and its future prospects.

Stillwater Critical Minerals has successfully closed a non-brokered private placement, generating $3.89 million in gross proceeds. Glencore Canada led the placement with a $2.1 million investment. The Company aims to advance its flagship project and secure domestic mineral supplies in the US. The Offering included 27,798,000 Units at $0.14 per Unit, with each Unit comprising a Common Share and a Warrant. Glencore now holds a 15.41% ownership stake, potentially increasing to 22.72% upon exercise of its Warrants. Proceeds will fund exploration, development, and operational expenses. Stillwater has also granted Glencore certain investor rights and imposed restrictions on shareholdings to prevent exceeding 19.9% ownership.