Group Ten Metals – Third Tranche Of High-Grade Nickel Equivalent Drill Results Released At Stillwater West
Michael Rowley, President and CEO of Group Ten Metals (TSX.V: PGE – OTCQB: PGEZF) joins us for an exploration update on the 3rd tranche of high-grade drill assay results at the Company’s flagship Stillwater West project in Montana. The headline intercept was 13.2 meters of 3.33% nickel equivalent within 401 meters continuous mineralization from resource expansion drilling and step-out drilling in the DR-Hybrid deposit area at Chrome Mountain.
Next we reviewed the challenge in communicating solid polymetallic drill results to investors when there is a nickel equivalent that also contains healthy amounts of palladium, copper, cobalt, platinum, rhodium, and gold in the deposit as well. Mike pointed out that this ties into their theme of making the parallel to the platreef style deposits found in the Bushveld complex in South Africa, as an analog to the type of polymetallic deposit and similar geological events that caused the mineralization, as it is more well understood by investors. This lead into a discussion of the new team members Danie Grobler as Vice-President Exploration and Albie Brits as Senior Geologist, where Dr. Grobler and Mr. Brits both have extensive senior level experience from more than two decades of advancing major deposits on the northern limb of the Bushveld Igneous Complex.
We wrap up looking forward at the exploration plan on tap for 2022 with 10,000 meters planned to continue expanding resources at the the Chrome Mountain area at Hybrid and DR, and potentially connecting the 450 meter area between those 2 zones, along with the CZ area, and the HGR target at the Iron Mountain area. There are also still 5 more holes from the Iron Mountain area, of the 14 holes from the 2021 drill program that have not been returned yet that will be released in the near future. Once those 2021 drill results are in place, then the work will be done to update the resource estimate at the Stillwater West project.
If you have any follow up questions for Mike regarding Group Ten metals, then please email us at Fleck@kereport.com or Shad@kereport.com.
I’m happy to own Group Ten as well aghead.
Yeah, as for Sibanye Stillwater, their neighbors in Montana, with mines in South Africa, and elsewhere, they’ve been hit with the rest of the sector, but today’s weakness down 11%-12% is because they must have disappointed with their Q1 2022 earnings report that came out this morning.
Clean Energy Juggernaut
Gold Newsletter w/ Brien Lundin – Free Sample Issue – May 3, 2022
“Group Ten Metals (PGE.V; PGEZF.OTC) controls a vast and growing treasure trove of critical minerals, including nickel, copper, palladium, platinum, rhodium and cobalt.”
“With the global geopolitical situation putting domestic sources of these metals in demand, Group Ten’s Stillwater West project in Montana is the right asset in the right place at the right time.”
And down the drain they go… woooooosh!
Jr. mining stocks will be ground into dust all the way up until the November elections.
Dems will pull out all the stops convince the braindead masses to vote for them, and it will probably work. They’ve convinced enough people that the 2020 election was legit. They’ll win big in November and there’s NOTHING you can do to stop it.
The only thing you can do now is to SELL all your junior mining stocks so you don’t lose your shirt.
You’ve had ample opportunity to sell, but you haven’t and you’re now poorer for it.
Don’t go broke… SELL NOW!
Joe, they are probably saying to themselves that this is the bottom because you showed up! LOL! DT
+1 Good one DT. He is a nice contrarian indicator 😉
Haha! That’s a classic Matthew. 🙂
The Importance of a Domestic Supply Chain for Critical Minerals
Investing News Network – May. 03, 2022
“Questions about pricing and security of supply abound, not only for major, foundational resources such as oil, gas and coal, but also for a broad range of commodities, from food crops to fertilizer to metals. And all this is occurring against the backdrop of inflation rates not seen in decades.”
“The minerals and materials identified as critical to electrification and sustainability have been particularly impacted by these macro factors, pushing them to the forefront of prominence for governments and investors alike. Both Canada and the US have defined their own lists of critical minerals, a term that describes resources that have been identified as essential to either national security or green energy, and are sourced primarily internationally. The most noteworthy common thread between the two lists is that both heavily feature battery and platinum group metals (PGMs).”
Most people are wrong most of the time which is why most people will always buy high and sell low. This game wouldn’t be worth the effort if that were to change. Luckily, it won’t.
5 nearby GLD supports to watch:
Purchased a small amount of Glenn’s favorite gold stock, IAG, a few minutes ago.
Hope Glenn sold some before.
Have you ever stood in front of an electrical panel when a circuit breaker goes POP, or a main fuse burns out, and then the popping stops, we are getting close to the breakers tripping out, it’s the smell of the main fuse when the link burns that sticks in your mind the most. The Dow is now down over 1300 points. DT😜
Hey Ex, save the neck for me Clarke! DT😎
I was liquidating today, not done yet, but I feel the real bargains are yet to come. DT
Prepare for a long haul for most of the asset classes. Find decent companies in various sectors and take positions slowly as stocks bottom.
Hi Doc. I posted this a couple of days ago.
May 03, 2022 03:52 PM
IMO…. To be a successful trader you must slow walk into an investment ( after doing DD ). But must be nimble enough, to jump out , when the tide turns.
IT, I was doing the hop, skip, and jump today. Almost there! DT
Hi DT. … Were you wearing a hula-hula skirt at the time………. lol
Irish, I saw that and couldn’t agree more.
Thanks for the yall. Happy to own G-ten.
What’s up with SBSW? (down over 12% to 12.40 today, nearly 40% since March)