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Group Ten Metals Announces Inaugural NI 43-101 Mineral Resource Estimate for the Stillwater West PGE-Ni-Cu-Co + Au Project, Montana, USA
VANCOUVER, BC / ACCESSWIRE / October 21, 2021 / Group Ten Metals Inc. (TSX.V:PGE | OTCQB:PGEZ...
About this update from Stillwater Critical Minerals Corp
[{"type":"text","content":"Group Ten Metals Announces Inaugural NI 43-101 Mineral Resource Estimate for the Stillwater West PGE-Ni-Cu-Co + Au Project, Montana, USAVANCOUVER, BC / ACCESSWIRE / October 21, 2021 / Group Ten Metals Inc. (TSX.V:PGE | OTCQB:PGEZF; FSE:5D32) (the \"Company\" or \"Group Ten\") is pleased to report the first independent National Instrument 43-101 (\"NI 43-101\") mineral resource estimate (the \"2021 Resource\") for its 100%-owned Stillwater West platinum group element, nickel, copper, cobalt, and gold (\"PGE-Ni-Cu-Co + Au\") project in Montana, USA. The study was completed by SGS Geological Services (\"SGS\").The Company will host a live webcast on Thursday October 28th at 9am Pacific time (12pm Eastern) to discuss the 2021 Resource, recent drill campaign, and plans for the Stillwater West project. To register, click here.HighlightsInferred mineral resources total 2.4 million ounces palladium, platinum, rhodium, and gold (\"4E\") plus 1.1 billion pounds of nickel, copper and cobalt in a constrained model totaling 157 million tonnes at an average grade of 0.45% total nickel equivalent (\"NiEq\") (equal to 1.20 g/t palladium equivalent, or \"PdEq\") using a 0.20% NiEq cut-off grade. See detailed breakdown in Tables 1 and 2 below.The 2021 Resource incorporates five deposits of sulphide mineralization that cover 8.7 kilometers of strike length within the central area of the project. The strong correlation that is demonstrated between resource areas and untested high-level geophysical targets (Figure 1), and metal-in-soil anomalies, provides a strong basis for expansion of the resource with 2021 drill results, and future drill campaigns (Figures 2 to 6).Mineralization, consisting of thick horizons of nickel and copper sulphide that are enriched in palladium, platinum, rhodium, gold and cobalt, is consistent with Group Ten's \"Platreef-style\" geological model that is based on known parallels with South Africa's Bushveld Igneous Complex.Deposits in the 2021 Resource are defined by 83 drill holes from a total of 216 holes drilled at Stillwater West prior to 2021, including all holes from Group Ten's 2019 and 2020 campaigns. A number of the remaining drill holes provide early confirmation of target mineralization in otherwise untested anomalies across much of the 32-kilometer project, accelerating future exploration programs and demonstra...