Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release that 2019 exploration results showed wide, continuous mineralization starting from surface at the Chrome Mountain target at its Stillwater West project in Montana.
The metals identified, which the Canadian company delineated through drill core re-logging and re-assaying, surface sampling and mapping, were palladium, platinum, gold, nickel (Ni), copper (Cu), and cobalt (Co).
"This is the third target tested at Stillwater West to show 'Platreef-style' bulk tonnage PGE-Ni-Cu-Co mineralization over hundreds of meters in thickness, placing them alongside our results from the Iron Mountain and Camp target areas as being some of the thickest mineralized intercepts ever recorded in the Stillwater complex," President and CEO Michael Rowley said in the release.
Highlight intercepts from Chrome Mountain included 388 meters (388m) of 1 g/t total platinum equivalent (Pt eq) starting at surface, including 30m of 3.86 g/t total Pt eq, starting at 39m in hole CM-2007-02 at the Hybrid Unit.
Hole CM-2007-04 returned 243m of 1.62 g/t total Pt eq also starting at surface, including 118m of 2.15 g/t total Pt eq with multiple intervals rich in platinum group elements (PGEs).
Through this exploration work, the minerals firm advanced the Hybrid Unit in the Chrome Mountain target toward determining a maiden resource. The company is now undertaking three-dimensional modeling to help determine priority Chrome Mountain targets for drilling in 2020.
Also, about 2 kilometers to the east of the Hybrid Unit, Group Ten identified significant PGEs-nickel-copper-cobalt mineralization, through exploration work, similar to that done at Chrome Mountain, at the early-stage East Boulder target.
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