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

News Update

TICKERS: PGE; PGEZF; 5D32

Explorer Reports 7.1 g/t Platinum, Palladium and Gold in Rock Samples at Montana Project
News Update

Share on Stocktwits

Source:

Group Ten Metals reports that the crew and drill rig have arrived at the polymetallic project in Montana.

Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release that the drill rig and crew arrived and are preparing to commence work at the company's Stillwater West platinum group elements-nickel-copper-cobalt property in Montana.

The Titan Drilling crew is readying to drill the Discovery target at Stillwater West's Chrome Mountain.

"We are pleased to announce the arrival of the drill to Stillwater West for what is expected to be our largest exploration program yet as we target precious and battery metals, including high-grade gold, in a famously productive district," President and CEO Michael Rowley said in the release.

In advance of the expansion drilling, an induced polarization geophysical survey, currently underway, will be completed over 66 line kilometers of the property. With the survey, Simcoe Geoscience is concentrating on the most advanced target areas, which are Discovery, Pine, Camp and HGR, "with coverage extending from known mineralized zones into adjacent targets," the release noted. The aim is to help better define the targets for the impending drilling.

"These two exploration methods are expected to form a powerful combination as we expand from known mineralization into untested adjacent targets defined by coincident and high-level soil and conductive anomalies," Rowley noted.

Also, Group Ten is prioritizing advancement of high-grade gold mineralization that it encountered on previous drilling of the Pine target.

The firm noted that "geological mapping and prospecting programs have been underway since June at earlier-stage targets. Early results have returned high-grade precious metal values in rock samples from the Blakely target area, including 7.10 g/t 3E (4.25 g/t Pt, 1.97 g/t Pd, and 0.88 g/t Au) in sample 3191471."

The company continues with smaller programs that include mapping and sampling at less advanced targets, such as Blakely.

"It is an exciting time for the Company as we are well funded and have permits in place to begin to fully test and expand upon our 'Platreef-in-Montana' model, based on known similarities with the Bushveld Complex. We look forward to providing additional news from Stillwater West as we work to expand known mineralization and convert drill-defined mineralized zones to mineral resources in the most advanced target areas," Rowley stated.

[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 interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this interview, 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 Cobalt / Lithium / Manganese, Gold, Base Metals and PGM - Platinum Group Metals investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe