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Group Ten Metals Expands Land Position and Announces 2018 Exploration Plans at Stillwater West Project in Montana
VANCOUVER, British Columbia, July 09, 2018 (GLOBE NEWSWIRE) -- Group Ten Metals Inc. (TSX-V:PGE) (US OTC:PGEZF) (FSE:5D32) (the “Company” or “Group Ten”) is ple
About this update from Stillwater Critical Minerals Corp
[{"type":"text","content":" VANCOUVER, British Columbia, July 09, 2018 (GLOBE NEWSWIRE) -- Group Ten Metals Inc. (TSX-V:PGE) (US OTC:PGEZF) (FSE:5D32) (the “Company” or “Group Ten”) is pleased to provide an update on progress at its flagship Stillwater West PGE-Ni-Cu-Co project, including 2018 exploration plans and the acquisition of new claims which expand the Company’s land position in the Stillwater district by over 23% to approximately 54 square kilometers. Located strategically above and below Sibanye-Stillwater’s high-grade PGE mines in the layered Stillwater Igneous Complex, Group Ten controls the second largest land position in the district. The Company has prioritized exploration of the lower Stillwater Complex where it sees the potential for much larger mineralized systems than has been previously recognized in the district based on geological similarities with the northern limb of South Africa’s Bushveld Complex, a region which hosts Anglo American’s world-leading Mogalakwena Mine, and Ivanhoe’s developing Platreef Mine. Stillwater West Exploration Plan and Update Group Ten is focused on identifying and advancing the most prospective targets towards resource definition, and benefits from having an extensive historic database to accelerate this effort. Work to date has consisted of the systematic consolidation of the prospective lower Stillwater Complex stratigraphy and compilation of all available data and physical samples from past work, which includes geological sampling and mapping programs, geophysical and geochemical surveys, and data from more than 215 drill holes totaling over 28,000 meters. The Company has over 11,000 meters of drill core from past campaigns. These core samples, plus historic drilling data from the 1960s and 1970s, provide valuable confirmation of the presence of significant intervals of platinum group elements (PGE) with nickel and copper sulphides at the Iron Mountain and Chrome Mountain target areas, including 6 of the 15 large-scale geophysical conductor anomalies that are coincident with highly-elevated levels of metals in soils (see January 10, February 26, and May 8, 2018 news releases). Re-logging of this historic core has been a top priority and is now largely complete. Re-assaying for complete multi-element geochemistry and 3D modeling of this historic drilling are a key part of the Phase One exploration plan ...