Group Ten Metals (TSX:V: PGE | OTCQB: PGEZF) is pleased to present a short video highlighting the potential we see for multiple “Platreef-style” PGE-Ni-Cu deposits at Stillwater West in Montana, USA, based on our work there since making the initial acquisition in 2017.
The addition of Dr. David Broughton, co-discoverer of Ivanhoe Mines’ Platreef Mine, to the team in 2018 brought further confirmation and an important connection to the massive, bulk tonnage PGE-Ni-Cu mines found in similar geology in the Platreef district in the Bushveld Igneous Complex in South Africa. Starting in 1993, with the commissioning of Anglo American’s 265Moz Mogalakwena PGE-Ni-Cu Mine, the mines of the Platreef have lead the world for size, safety, and low operating costs in the production of platinum and palladium, plus also rhodium, gold, nickel and copper. Ivanhoe’s 112Moz Platreef Mine, now in construction, and Platinum Group Metals’ 26Moz Waterberg project share the northern limb of the Bushveld Complex with Mogalakwena and are expected to have similar very attractive economics.
Despite strong indications in the existing data and known parallels between the Bushveld and Stillwater districts, Group Ten is the first company to apply Platreef geologic models to the Stillwater Complex and systematically explore for bulk tonnage deposits of platinum, palladium, gold, nickel, copper, and cobalt of this type.
Work in 2019 will focus on the three most advanced target areas, which show the potential to quickly advance to initial NI43-101 resources with only modest drill programs. As large, magmatic-hosted systems, there is potential to grow these significantly as indicated by the kilometric scale of the geochemical and geophysical anomalies, which are fully open from the known mineralized zones.
We invite you to join us as we advance our vision of developing large, Platreef-style deposits of precious and battery metals in the US at a time when America is recognizing the strategic importance of the these commodities and looking to secure domestic supplies.
Group Ten Metals Inc.
Suite 904 – 409 Granville Street
Vancouver, BC V6C 1T2
Tel: +1 (604) 357-4790
Fax: +1 (604) 648-8573
Toll Free: +1 (888) 432-0075