Group Ten Metals – Exploration Update at the Stillwater West Nickel-Palladium Project
Michael Rowley, President and CEO of Group Ten Metals (TSX.V: PGE – OTCQB: PGEZF) joins us for an exploration update and big picture overview of the Company’s flagship Stillwater West project in Montana. We start off by reviewing the big moves in most metal prices recently, with a particular focus on the 2 largest metals in the resources at Stillwater West, both nickel and palladium. Based on the Maiden Resource Estimate released last October, the resource breaks down to 42% nickel, 20% palladium, 12% copper, 10% cobalt, 5% platinum, 5% rhodium, and 4% gold.
Next we shifted over to exploration progress, where a second tranche of 4 drill hole assay results were announced on March 7th, taking it up to 6 total holes released thus far from last year’s program from the 14-hole resource expansion campaign. These results were mineral rich in a number of key battery metals and PGMs, and continue to advance Stillwater West towards expanded resource estimates in three of the five deposit areas – the Chrome Mountain area at Hybrid and DR, the CZ area, and the HGR target at the Iron Mountain area. More holes will be released in 2 or 3 more tranches from last year’s program, and Mike outlines the Company well-developed plan for the next phase of drilling to begin later in 2022.
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.