on Stillwater Critical Minerals (isin : CA3994522009)
Stillwater Critical Minerals Reports Significant Nickel, Platinum, and Palladium Finds
Stillwater Critical Minerals Corp. has announced the final results from its 2023 drilling campaign at the Stillwater West project in Montana. Funded by Glencore, the campaign focused on expanding deposits at the western end of the nine-kilometer-long resource area. Six holes totaling 2,310 meters were drilled, successfully intercepting high-grade nickel, copper, and platinum group elements (PGE).
Highlighted results include multigram PGE intercepts, such as 3.96 g/t Pt and 2.84 g/t Pd over 1.16 meters. The drilling also confirmed multiple mineralization styles, including Platreef-style Ni-PGE-Cu-Co mineralization and stratiform reef-type PGE-Ni-Cu chromitite mineralization. All deposits remain open for further expansion.
This campaign underlines the potential to expand the 2023 Mineral Resource Estimate with significant high-grade and bulk-tonnage metrics. Multiple holes reported wide, high-grade intervals at various cut-off grades, enhancing the scalability of the project.
CEO Michael Rowley emphasized the project's substantial potential, backed by extensive drilling data and Glencore's support. The company aims to explore several mining scenarios and further expand the resource base.
Additionally, Vice-President Danie Grobler highlighted the accuracy of their geological model, drawing parallels with South Africa's Bushveld Igneous Complex. Future plans include further drilling and exploration of the ferrochrome potential at Stillwater West.
R. H.
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