Stillwater Stock Price, News & Analysis

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.

Group Ten Metals Inc. has announced interim results from its rhodium assay campaign at the Stillwater West PGE-Ni-Cu-Co + Au project in Montana. The campaign analyzed over 4,000 drill core samples from key target areas, confirming significant rhodium levels, with grades reaching up to 0.5 g/t Rh. Rhodium, valued at over USD$27,000 per ounce, is critical for automotive catalysts. The findings suggest potential for substantial co-product values, with average grades equivalent to over 1 g/t platinum. The project is advancing towards maiden resource estimates for multiple critical metals, including rhodium and gold.

Group Ten Metals Inc. (OTCQB:PGEZF) has released results from a 2020 Induced Polarization (IP) geophysical survey at its Stillwater West project in Montana, revealing significant potential for large bodies of sulphide mineralization. The survey highlighted a 9.2-kilometer span of high-level conductivity and chargeability anomalies. The company plans a multi-rig drill campaign in 2021, aiming for maiden resource estimates at key target areas. These developments position Group Ten to capitalize on the electrification movement and the demand for critical metals.

Group Ten Metals Inc. (PGEZF) announced the appointment of Gordon Toll as an Independent Director, bringing over 50 years of mining industry experience. Toll's career includes leadership roles at major companies and raising over US$5 billion for mining projects. His expertise in the Stillwater and Bushveld Complexes aligns with the company's objectives to explore battery and platinum group metals in the Stillwater West project. Furthermore, the company granted 250,000 incentive stock options, exercisable until 2026, priced at $0.38 per share.