Group Ten Metals Inc.
Group Ten Metals Inc. is a Canadian mineral exploration company focused on the development of high-quality platinum, palladium (PGE), nickel, copper, cobalt and gold assets in top North American mining jurisdictions. The Company’s core project is the Stillwater West PGE-Ni-Cu-Co project adjacent to Sibanye-Stillwater’s high-grade Pd-Pt mines in Montana, USA. Group Ten also holds the Kluane PGE-Ni-Cu project adjacent to Nickel Creek Platinum’s Wellgreen deposit in the Yukon Territory, Canada and the Black Lake-Drayton high-grade gold project in the Rainy River district of northwest Ontario.
Stillwater West PGE-Ni-Cu-Co Project, Montana, USA (100%-owned)
Group Ten is focused on identifying and advancing the most prospective targets towards resource definition. Work at Stillwater West in 2018 is expected to include:
Black Lake-Drayton Gold Project, Northwest Ontario, Canada
Kluane PGE-Ni-Cu Project, Yukon Territory, Canada (100% owned)
Duke Island (SE Alaska)
Yankee-Dundee Mine (SE British Columbia)
Management, Technical Team and Directors
Michael Rowley, BSc, RPBio, President & CEO, Director
Over 25 years executive experience in the exploration, mineral processing, and mine environmental industries
Director of Bravada Gold, Granite Creek Gold, and Sierra Mountain Minerals
Tim Thiessen, BA, CA, Chief Financial Officer
20 years of international accounting and finance experience
Has held CFO position with Metallic Minerals, Foran Mining, SnipGold, and Aurcana, also former VP Finance for Endeavor Financial, and auditor for Deloitte’s mining practice
Greg Johnson, Executive Chairman
30 years experience in exploration, development and financing of large-scale mining projects
Broad capital markets experience, raising over $650 million in project financing
Co-founder of NovaGold, former President & CEO of Wellgreen Platinum and South American Silver
Gregor Hamilton, Director
Over 20 years of mining sector experience in investment banking, corporate finance, geology
Capital markets expertise and global finance contacts for mining, M&A and corporate strategy
Successful entrepreneur in mining, technology and agribusiness in Canada and South America
Bill Harris, Director
President and CEO of Midnight Mining
Founder, former Executive of Northern Freegold
Lifelong Yukoner, prospector, mining entrepreneur
Dr. Craig Bow, Ph.D., Chief Geologist
Over 40 years experience in global exploration, mine geology, & project management, including exploration of the J-M Reef and advancement of the initial Stillwater Pd-Pt mine to production
Recognized expert on global PGE-Ni-Cu systems, part of the team responsible for multi-million-ounce Arctic Platinum partnership (Gold Fields/Outokumpu), former Exploration Manager North America for Gold Fields, Senior Technical positions for Cyprus Amax, Newcrest, and AngloGold Ashanti
Mike Ostenson, P.Geo., Project Geologist
20 years experience in the Stillwater district including former VP Exploration for Premium Exploration, Senior Technical roles for Beartooth Platinum, Stillwater Mining Co. and AngloGold
Justin Modroo, P.Geo., Project Geophysicist
20 years industry experience, including work in the Stillwater Complex with Premium Exploration and Beartooth Platinum
Chris Ackerman, LLB, Senior Manager of Corporate Communications & IR
Mgr Corp. Communications with Metallic Minerals, formerly with Wellgreen Platinum & Sr. Bus Dev Advisor, Yukon Government
On March 25, 2019, Group Ten Metals Inc. reported the 2018 Exploration results and the expanded land position at Black Lake-Drayton gold project in Northwest Ontario, Canada
On February 21, 2019, Group Ten Metals Inc. has released results from the Chrome Mountain and East Boulder target areas on the west side of the Stillwater West project in Montana, United States. Group Ten reported wide intercepts of platinum and palladium mineralization from the Chrome Mountain target area at the Stillwater West Project.
Group Ten President & CEO, Michael Rowley, recently sat down for interviews to discuss the fundamentals of the Stillwater West project as well as recent news and 2019 plans:
On January 25, 2019, Group Ten Metals Inc. announced high-grade palladium, platinum and gold results from the Wild West and Boulder targets covering the far western end of the Stillwater West project in Montana.
Highlight results from drilling at the Pine shear zone at the Wild West target area include 31.02 g/t 3E (28.7 g/t gold, 1.06 g/t platinum, 1.27 g/t palladium) over 2.6 metres and 16.94 g/t 3E (16.19 g/t Au, 0.24 g/t Pt, 0.50 g/t Pd) over 7.98 metres in a gold-PGE-enriched, structurally controlled shear zone hosted within the chromite-rich ultramafic stratigraphy. Mineralization remains open to expansion in all directions and is one of several priority targets for additional follow-up exploration in the Wild West target area.
Michael Rowley, President and CEO, commented, “We are pleased to report the results of our compilation and modelling efforts at Stillwater West alongside results of the 2018 exploration. This first release focuses on the Boulder and Wild West target areas, which cover the western-most 8 km of the 25 km long Stillwater West project, where work in 2018 confirmed the presence of significant PGE+gold along with nickel, copper and cobalt sulphide mineralization. Mineralization at these two target areas corresponds with two nearly untested electromagnetic geophysical conductors that are approximately 4 and 3.8 km in length, respectively. Surface sampling from these targets show values up to10.3 grams-per-tonne (g/t) palladium, 3.8 g/t platinum and 21.8 g/t gold in rock samples, with 20 samples returning from 2 to 30 g/t platinum equivalent grade mineralization, including significant nickel, copper, and cobalt values.”
On January 2, 2019, Group Ten Metals Inc. announced that it has completed the earn-in requirements for the 24-square-kilometre Black Lake claim block within the Black Lake-Drayton project by completing all terms of the agreement first announced on Nov. 21, 2012, as amended, such that the Company now owns 100-per-cent right, title and interest to the claims, subject only to certain production royalties. Together with the completion of earn-ins announced on July 18, 2018, the Company now owns 100-per-cent right and title to over 96 per cent of the 114-square-kilometre Black Lake-Drayton project, with the remaining portion subject to one earn-in agreement.
Maurice Jackson of Proven & Probable interviews Group Ten Metals President & CEO, Michael Rowley:
On December 17, 2018, Group Ten Metals announced the discovery of Hybrid zone as one of 14 multi-kilometer-scale Pge-Ni-Cu target areas identified at Stillwater West Project.
On September 19, 2018, Group Ten Metals Inc. announced that it has appointed Dr. David Broughton, PhD, PGeo, as senior technical adviser, with a primary focus on the Company's flagship Stillwater West platinum-group-elements-nickel-copper project in Montana.
On August 29, 2018, Group Ten Metals Inc. announced that its common stock has been successfully up-listed to the OTCQB Venture Market from the Pink Open Market, where it will continue to trade under the symbol PGEZF.
On August 22, 2018, Group Ten Metals Inc. announced that it has completed a non-brokered private placement for aggregate proceeds of $575,000 through the issuance of 2,875,000 common shares, on a flow-through basis, at a price of 20 cents per share.
On July 18, 2018, Group Ten Metals Inc. has provided an update on the Company's Black Lake-Drayton gold project located in the Rainy River district of Northwest Ontario, Canada, including the completion of all outstanding earn-in requirements on two of the claim blocks.
The Company now owns 100 per cent of right and title to over 85 square kilometres of the (more than) 114-square-kilometre Black Lake-Drayton project.
On July 16, 2018, Group Ten Metals Inc. has provided an update on the Company's Kluane platinum group elements-nickel-copper project, including the completion of all outstanding earn-in requirements on the Ultra claim block and the addition of highly prospective new properties to the project, which add substantial exploration potential.
On July 9, 2018, Group Ten Metals Inc. has provided an update on progress at its flagship Stillwater West project, including 2018 exploration plans and the acquisition of new claims which expand the Company's land position in the Stillwater district by over 23 per cent to approximately 54 square kilometres.
On May 8, 2018, Group Ten Metals Inc. announced priority PGE-Ni-Cu-Co targets in the Iron Mountain target area of the Company’s Stillwater West project in Montana, and the delineation of a large cobalt target.
On March 3, 2018, Metallic Minerals Corp. (TSX.V: MMG; US OTC: MMNGF) and Group Ten Metals Inc. announced the formation of the Metallic Group of Companies.