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Metallic Minerals and Group Ten Metals Announce Formation of the Metallic Group of Companies
VANCOUVER, British Columbia, March 03, 2018 (GLOBE NEWSWIRE) -- Metallic Minerals Corp. (TSX.V:MMG) (US OTC:MMNGF) and Group Ten Metals Inc. (TSX.V:PGE) (US OTC
About this update from Stillwater Critical Minerals Corp
[{"type":"text","content":" VANCOUVER, British Columbia, March 03, 2018 (GLOBE NEWSWIRE) -- Metallic Minerals Corp. (TSX.V:MMG) (US OTC:MMNGF) and Group Ten Metals Inc. (TSX.V:PGE) (US OTC:PGEZF) are pleased to announce the formation of the Metallic Group of Companies (the “Metallic Group”), a collaboration of two leading precious and base metals exploration companies with a portfolio of highly prospective assets in North America. By leveraging the combined decades of experience of its founders in mineral exploration, finance, capital markets, permitting and community relations, the Metallic Group sees an opportunity to maximize shareholder value for member companies. The Metallic Group also benefits by sharing resources for cost efficiency and providing access to specialized technical expertise and experienced corporate governance and management teams. The Metallic Group currently comprises two member companies: Metallic Minerals Corp., focused on high-grade silver, gold, lead and zinc in Canada’s Yukon Territory; and Group Ten Metals Inc., focused on platinum group metals, gold, nickel, copper and cobalt in the Western USA and Canada. A copper-focused explorer is expected to be launched later in 2018. Shared approaches to business for Metallic Group companies include: Exploration projects in politically stable districts with the potential to produce top-tier mining assets; Highly experienced management teams and boards with track records of exploration and project development success; and A core commitment to environmental stewardship and community engagement. Greg Johnson, Chairman of the Metallic Group, commented, “We are pleased to be able to facilitate a greater degree of collaboration between our two Metallic Group companies for the benefit of shareholders. We see the opportunity to realize operational cost reductions through shared efficiencies while also being able to maximize the value of the diverse experience and expertise of our seasoned management and exploration teams to drive new discoveries and deliver growth for both of these exciting companies. Our objective is to create value through a disciplined, systematic approach to exploration, reducing investment risk and maximizing probability of long-term success.” The Metallic Group’s first collaborative event will be the 2018 Prospectors and Developers Association Convention (PDA...