Group Ten Metals brings world-class Stillwater into focus
(Kitco News) - Group Ten Metals announced today it completed 3D modeling of its 2020 IP geophysical survey for its Stillwater West PGE-Ni-Cu-Co + Au project in Montana, USA.
Last week CEO Mike Rowley filmed a video with Kitco to coincide with the release of the findings.
The company said that the 33-square-kilometer induced polarization geophysical survey showed "...potential for very large bodies of sulphide." The company is going to use the model for a multi-rig drill campaign in 2021.
Rowley explained Stillwater West resembles legendary areas currently mined in South Africa.
“The combined results of work to date provide our strongest indication yet of the potential for truly world-class scale and grade at Stillwater West as we continue to successfully apply models from South Africa’s Platreef to similar geology in the USA. The mines of the Platreef are among the very largest and most profitable PGE-Ni-Cu mines in the world, providing valuable palladium and rhodium to the automotive market, platinum to the rapidly growing fuel cell industry, and copper that is so necessary for the increasing move to electrification," said Rowley.
"The Platreef deposit model also provides large quantities of the type of nickel – nickel sulphide - that remains the optimum primary feedstock for production of low-carbon, battery-grade nickel sulphate with the lowest possible carbon footprint. The prospect of supplying all of these commodities as cleanly as possible in a famously metal-rich and productive US mining district brings significant environmental and strategic benefits to the project."