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The demand for clean energy metals is at all-time highs.
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Whether it’s the nickel used in EV batteries...the increased copper demand from EVs...or the emissions-reducing traits of palladium and platinum — climate change has the world on the hunt for the resources to lower emissions and bring about a cleaner planet.
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With a deposit that has no less than eight minerals on the United States critical minerals list, Group Ten Metals’ (PGE.V; PGEZF.OTC) Stillwater West project in Montana is an asset tailor-made for these times.
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As you’re about to see, Stillwater West already has a large resource of minerals critical to the climate change conversation...and it’s located right next to the highest-grade major platinum group element deposit in the world.
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Better still, drilling from 2021 is continuing to show Stillwater West’s substantial growth potential with a series of exceptional drill intercepts that has attracted talent from other top-tier Ni-Cu-PGE companies.
In short, if you’re looking for a way to maximize your gains on the clean energy trend, you’d be hard-pressed to find a better play than Group Ten Metals.
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A Huge Stockpile Of Clean Energy Metals
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It starts with a compelling resource. In 2021, Group Ten added the results of its recent drilling to historic data from Stillwater West to produce a large battery metal and PGE resource.
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That included an inferred resource of 1.1 billion pounds of battery metals and 2.4 million ounces of PGEs+gold.
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This contained a higher-grade resource of 857 million pounds of battery metals and 1.8 million ounces of PGEs+gold.
That base-case inferred resource includes 694 million pounds nickel...347 million pounds copper...69 million pounds cobalt...758,000 ounces platinum...1.3 million ounces palladium...61,000 ounces rhodium...and 303,000 ounces gold.
Plus: The resource features over a billion pounds of chromium that could prove economic down the line.
Simply put, this is a massive base to build on — and it’s located in a Tier One mining jurisdiction (Montana) at a time when resource security is top-of-mind, given the Russian war in Ukraine.
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Next To One Of The World’s Largest PGE Deposits
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And Stillwater West isn’t some remote deposit far from infrastructure. Indeed, it sits just south and west of major Sibanye-Stillwater’s J-M Reef deposit.
This is one of the world’s largest PGE deposits — it is the only PGE deposit in the Western Hemisphere that ranks with the big deposits in the Bushveld of South Africa — and it has the highest grades in the world.
Sibanye-Stillwater has already produced over 14 million ounces of platinum and palladium at 16 g/t platinum and palladium and has an 87-million-ounce resource of the metals in the measured, indicated and inferred categories.
They also produce nickel, copper, gold, rhodium and the lesser-known PGEs at Stillwater.
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Indeed, it is the geologic similarities that this area has to the Bushveld region that have Group Ten excited about a “Platreef” style of mineralization in its property.
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That style of mineralization at Stillwater West compares favorably with large nickel-PGE deposits of the Platreef in the Bushveld, and Group Ten sees potential for this style to host massive deposits of nickel, copper, cobalt and PGEs.
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Already, the exploration upside at Stillwater West points to a massive deposit.
The five deposits that host the current resource are all open for expansion at depth and broadly across the extensive, 32-kilometer length of the project. That includes the possibility of expansion by last year’s 14 holes drilled at Stillwater West.
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The company continues to hit the market with impressive grades including 63.7 meters of 0.92% NiEq (equal to 2.46 g/t PdEq) within 367.6 meters of continuous mineralization at 0.31% NiEq (or 0.83 g/t PdEq) in hole CZ2021-01.
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The 2021 drill campaign also returned the longest mineralized intercept ever recorded in the Stillwater district, and one of the longest in recent memory anywhere.
It hit 728 meters of continuous sulphide mineralization at 0.27% NiEq (equal to 0.73 g/t PdEq) including contained intervals of successively higher grades ranging up to 0.54% NiEq (or 1.45 g/t PdEq) over 50.2 meters, and 1.02% NiEq (or 2.72 g/t PdEq) over 7.2 meters.
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These assays come as part of work on a large area of metal-in-soils anomalies that coincide with very large and high-level geophysical anomalies.
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Consider this: Group Ten has identified no less than 14 target areas defined by major geophysical anomalies that overlay broad, coincident geochemical anomalies.
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The company’s five deposits are set within these anomalies, providing a strong validation of the exploration thesis and expansion potential, and there are 133 drill holes outside of the current deposit areas to guide that expansion process.
A target-rich environment indeed.
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So much so, in fact, that Group Ten just announced it had hired Dr. Danie Grobler and Albie Brits from Ivanhoe Mines — key members of the team that discovered and advanced the Platreef mine project as one of the largest projects on the planet, and one that is very directly relevant to Group Ten’s work in Montana.
These geologists, both among the very top in the world in Platreef and Bushveld geology, were so struck by the potential to expand Platreef-style mineralization at Stillwater West that they decided to leave Ivanhoe to test the upside on this project.
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It’s a strong endorsement of the project’s prospects, and it puts Group Ten’s technical team in elite company when it comes to a junior explorer.
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Bottom line: The limitations of South Africa as a mining destination and the turmoil in Russia, a key producer of palladium and nickel, make Group Ten and its Stillwater West project a “must-own” for those looking to leverage the clean energy revolution.
Group Ten Metals has both the resources and the exploration upside to make the company a first-rate play on PGEs and battery metals and a strong contender for the next purchase on your “to buy” list.
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