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Stillwater Critical Minerals Reports Wide and High-Grade Intervals of Platreef-Style Mineralization in Resource Expansion Drilling in the HGR Deposit Area at Stillwater West Project in Montana, USA
VANCOUVER, BC / ACCESSWIRE / July 7, 2022 / Stillwater Critical Minerals (formerly Group Ten ...
About this update from Stillwater Critical Minerals Corp
[{"type":"text","content":"Stillwater Critical Minerals Reports Wide and High-Grade Intervals of Platreef-Style Mineralization in Resource Expansion Drilling in the HGR Deposit Area at Stillwater West Project in Montana, USAVANCOUVER, BC / ACCESSWIRE / July 7, 2022 / Stillwater Critical Minerals (formerly Group Ten Metals) (TSXV:PGE)(OTCQB:PGEZF)(FSE:5D32) (the \"Company\" or \"SWCM\") today reports wide, high-grade intervals of nickel sulphide mineralization with palladium, platinum, rhodium, cobalt, copper and gold in a final tranche of first-pass drill results from the 14-hole resource expansion campaign completed at the Company's flagship Stillwater West PGE-Ni-Cu-Co + Au project in Montana, USA. Additional rhodium results are pending.Results continue to support the Company's priority objective of expanding the October 2021 inaugural mineral resource estimates with multiple wide and highly mineralized intervals returned in step-out drilling in six holes at the HGR deposit area at Iron Mountain (see Table 1 and Figure 1). Drilling in 2021 focused on resource expansion in three of the five deposit areas delineated by the 2021 estimates. Similar wide and well-mineralized intervals have now been reported from all three deposit areas as announced December 20, 2021, March 7, 2022, and May 3, 2022. Mineralization remains open to expansion along trend and at depth in all five deposit areas, which are set within 12 kilometers of the broader 32-kilometer-long land package in the lower Stillwater Igneous Complex (see Figure 2).Highlights from six holes drilled in the HGR deposit area in 2021 include:IM2021-05 returned 379.2 meters of continuous battery and precious metal mineralization starting at surface and grading 0.33% Nickel Equivalent (\"NiEq\"), equal to 0.88 g/t Palladium Equivalent (\"PdEq\"), with successive contained higher-grade intervals including:133.2 meters of 0.38% NiEq (1.01 g/t PdEq);21.5 meters of 0.66% NiEq (1.75 g/t PdEq); and7.3 meters of 0.79% NiEq (2.11 g/t PdEq) as 0.45% Ni, 0.51 g/t Pd+Pt+Au+Rh (\"4E\"), 0.17% Cu and 0.026% Co .IM2021-05 is the second most highly mineralized drill hole ever recorded in the Stillwater district with a grade-thickness value of 334 gram-meter PdEq, after CM2021-01 which returned 530 gram-meter PdEq.IM2021-06 returned 94.0 meters of 0.48% NiEq (1.28 g/t PdEq) within 333.0 meters of continuous mineralization...