Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update

TICKERS: PGE; PGEZF; 5D32

Explorer Reports More High-Grade PGE Drill Results from Montana Project
News Update

Share on Stocktwits

Source:

Group Ten Metals also completes its 2020 exploration program at Stillwater West.

Stillwater West PGE-Ni-Cu Project - 2019 Drilling

In a news release, Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced high-grade geological mapping and sampling results from its flagship Stillwater West polymetallic project in Montana, as well as results from its just completed 2020 field exploration program.

Ground-based geological sampling and mapping was from two new high-grade platinum group element (PGE) targets at Chrome Mountain. At the Dunite Ridge target, rock samples returned 3.54 grams per ton (3.54 g/t) platinum, 7.52 g/t palladium and 0.03 g/t gold, in holes CM-2020-02 and CM-2020-03. These data confirmed and expanded on previous ones.

At the Bald Hills target, samples returned four more high-grade PGE values.

The Vancouver-based Group Ten also completed this season at Stillwater West a geophysical induced polarization (IP) survey and subsequent drilling. The survey, done over 77 line kilometers of the property, shows large, highly conductive anomalies that strongly correlate with known zones of mineralization. It also demonstrates continuity throughout the surveyed area, the company noted.

Using the results of the IP survey as a guide, Group Ten drilled nine holes at the Chrome Mountain target, starting in mid-August. The purpose was to convert mineralization into resources and expand zones of known mineralization at the priority areas there.

Now, the company is modeling the prospective resource in the Discovery, Camp and HGR targets. "Drill data in these areas delineate thick intervals of continuous nickel-copper sulphide mineralization enriched in palladium, platinum, rhodium, gold and cobalt," Rowley added.

"We are very pleased with the preliminary results from our biggest field program to date at Stillwater West," President and CEO Michael Rowley said in the release.

[NLINSERT]

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Group Ten Metals. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Group Ten Metals, a company mentioned in this article.





Want to read more about Gold and PGM - Platinum Group Metals investment ideas?
Get Our Streetwise Reports Resources Report Newsletter Free and be the first to know!

A valid email address is required to subscribe