Welcome to our dedicated page for Stillwater news (Ticker: PGEZF), a resource for investors and traders seeking the latest updates and insights on Stillwater stock.
Stillwater Critical Minerals Corp. (PGEZF) generates frequent news flow as a resource-stage mineral exploration and development company focused on critical and precious metals. Most company announcements center on its flagship Stillwater West Ni-PGE-Cu-Co+Au project in the Stillwater mining district in Montana, USA, along with financing activities and updates on related exploration programs.
Investors following PGEZF news can expect regular coverage of drill campaigns, mineral resource work, and technical studies at Stillwater West. The company reports on drilling progress at deposit areas such as Chrome Mountain, Iron Mountain, and Camp Zone, the use of downhole geophysics and updated 3D models, and the engagement of Mine Technical Services to complete an updated NI 43-101 Mineral Resource Estimate. These updates provide insight into how Stillwater is advancing a polymetallic project that hosts nickel, copper, cobalt, chromium, platinum, palladium, rhodium, gold, and other metals.
Stillwater Critical Minerals also issues news releases on capital raises and strategic investments, including brokered LIFE offerings, non-brokered private placements, and participation by Glencore Canada Corporation. Such announcements typically outline the size and terms of financings, the use of proceeds for exploration and project advancement, and any related regulatory approvals.
Additional news items may cover corporate updates, conference participation, and government or grant-related developments, reflecting the company’s stated focus on U.S.-listed critical minerals and engagement with policy initiatives. For investors and observers, the PGEZF news stream offers a consolidated view of exploration milestones, financing events, and strategic positioning within the North American critical minerals sector.
Bookmark this page to review new Stillwater Critical Minerals press releases, technical updates, and financing announcements as they are reported.
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.
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