Group Ten Metals Advances World-Class Battery and Platinum Group Metal Targets in Prolific Stillwater Mining District, Montana, USA
TSX.V: PGE
OTC: PGEZF
FSE: 5D32
904 - 409 Granville Street, Vancouver, British Columbia, Canada V6C 1T2
Group Ten Metals Advances World-Class Battery and Platinum Group Metal Targets
in Prolific Stillwater Mining District, Montana, USA
September 1 6, 20 20 – Vancouver, BC - Group Ten Metals Inc. (TSX.V: PGE; US OTC: PGEZF ; FSE: 5D32) (the
“Company” or “Group Ten”) is pleased to provide an update from its 100%-owned flagship Stillwater West platinum
group element-nickel-copper-cobalt and gold (“PGE-Ni-Cu-Co + Au”) project, which the Company is advancing with
the aim of becoming a leading US-based source of key battery metals and platinum group metals, including:
• Nickel - Stillwater West contains the type of nickel – nickel sulphide – that battery makers require to meet
projected supply deficits driven by demand from the burgeoning Electric Vehicle ( “EV”) and energy storage
industries. Group Ten is advancing Stillwater West with the intention of meeting the expected surge in demand,
which follows multi-billion-dollar investments in EV production by auto manufacturers, through the delineation
and development of environmentally -friendly ni ckel supplies in a premier American mining district , which
presently includes three world-class mines and a smelter-metallurgical complex.
• Copper and Cobalt - Group Ten has also demonstrated potentially significant co-product values of copper and
cobalt, two metals essential to electricity storage and transmission. Most of the world’s cobalt production is
from the Democratic Republic of the Congo, and there is demonstrated interest from both industry and
governments in securing North American supplies of the metal.
• Platinum – Hydrogen fuel cells , such as those being advanced by General Motors’ recently announced
partnership with Nikola, require platinum catalysts. The Stillwater district is world-famous for its wealth of
platinum group elements and Group Ten has demonstrated significant platinum co-product grades at Stillwater
West. Supply deficits are projected by analysts due to continued falling platinum production from South Africa.
• Palladium – Along with platinum and rhodium, palladium is used extensively in catalytic convertors in vehicles
to meet ever more stringent emissions standards. The Stillwater dist rict hosts the highest -grade palladium-
platinum mines in the world, and the largest outside of Africa and Russia. Multi-year supply deficits have caused
palladium’s price to rise substantially and that trend is expected to continue.
• Rhodium – Critical for catalytic converters, rhodium is a rare platinum group metal with very little mine supply
in North America . Due to limited supplies , prices are currently near all time highs . Group Ten is focused on
expanding the project’s rhodium potential as demonstrated in results announced earlier this year.
Michael Rowley, President and CEO, commented, "We are excited to be targeting bulk-tonnage deposits of battery-
grade nickel sulphide - enriched in other important metals such as palladium, platinum, rhodium, gold, copper, and
cobalt - at Stillwater West. Through the application of deposit models from South Africa’s Platreef mines, which are
among the largest and most profitable nickel-copper-PGE mines in the world, we have demonstrated potential for
both scale and grade of these commodities in a prolific US mining district that hosts three world -class mines and a
smelter. Battery-grade nickel is one of the primary value drivers at Stillwater West and it is one of only a few projects
in North America that may be able to help meet the shortfalls projected by analysts and EV industry leaders such
as Tesla’s Elon Musk for environmentally responsible production of battery grade metals . In addition, our
polymetallic commodity basket includes platinum necessary to meet increasing demand from hydrogen fuel cells,
along with palladium and rhodium for use in catalytic convertors.”
“Infrastructure and access are excellent at Stillwater West, and Sibanye-Stillwater’s operations, adjacent to us, are
widely recognized for producing palladium and platinum, along with lesser amounts of other commodities including
nickel, at the highest environmental and sustainability standards. Our location is very favorable to potential end-
users such as the domestic auto industry, and the US government has listed five of our target commodities – nickel,
cobalt, platinum, palladium, and rhodium - as Critical Minerals with the intention of increasing domestic production
of these metals.”
“Drilling is on-going at the project and the previously announced Induced Polarization geophysical survey is nearing
completion having produced impressive results. We look forward to providing further updates from Stillwater West
as we continue to rapidly advance the project towards its full potential.”
TSX.V: PGE
OTC: PGEZF
FSE: 5D32
904 – 409 Granville Street, Vancouver, British Columbia, Canada V6C 1T2
Presentation at Precious Metals Summit’s Online Event
Group Ten Metals is pleased to announce that the Company will be participating in Precious Metals Summit’s online
Beaver Creek event including a presentation by President and CEO Michael Rowley at 2:45pm E astern Time on
Wednesday September 16, 2020. To register click here: Group Ten Metals Precious Metals Summit Presentation.
About Stillwater West
The Stillwater West PGE-Ni-Cu-Co + Au project positions Group Ten as the second-largest landholder in the
Stillwater Complex, adjoining and adjacent to Sibanye-Stillwater’s Stillwater, East Boulder, and Blitz PGE mines in
south-central Montana, USA1. The Stillwater Complex is recognized as one of the top regions in the world for PGE-
Ni-Cu-Co mineralization, alongside the Bushveld Complex and Great Dyke in southern Africa, which are similar
layered intrusions. The J-M Reef, and other PGE-enriched sulphide horizons in the Stillwater Complex, share many
similarities with the highly prolific Merensky and UG2 Reefs in the Bushveld Complex. At the same time, the lower
part of the Stillwater Complex also shows the potential for much larger scale disseminated and high-sulphide PGE-
Ni-Cu-Co deposits, similar to Platreef in the Bushveld Complex2. Group Ten’s Stillwater West project covers the
lower part of the Stillwater Complex along with the Picket Pin PGE Reef-type deposit in the upper portion and
includes extensive historic data, including soil and rock geochemistry, geophysical surveys, geologic mapping, and
historic drilling.
About Group Ten Metals Inc.
Group Ten Metals Inc. is a TSX-V-listed Canadian mineral exploration company focused on the development of high-
quality platinum, palladium, nickel, copper, cobalt, and gold exploration assets in top North American mining
jurisdictions. The Company’s core asset is the Stillwater West PGE-Ni-Cu-Co + Au project adjacent to Sibanye-
Stillwater’s high-grade PGE mines in Montana, USA. Group Ten also holds the high-grade Black Lake-Drayton Gold
project adjacent to Treasury Metals’ development-stage Goliath-Goldlund project in northwest Ontario, and the
Kluane PGE-Ni-Cu-Co project on trend with Nickel Creek Platinum‘s Wellgreen deposit in Canada‘s Yukon Territory.
Note 1: References to adjoining properties are for illustrative purposes only and are not necessarily indicative of the exploration potential,
extent, or nature of mineralization or potential future results of the Company’s projects.
Note 2: Magmatic Ore Deposits in Layered Intrusions—Descriptive Model for Reef-Type PGE and Contact-Type Cu-Ni-PGE Deposits, Michael
Zientek, USGS Open-File Report 2012–1010.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Michael Rowley, President, CEO & Director
Email: [email protected] Phone: (604) 357 4790
Web: http://grouptenmetals.com Toll Free: (888) 432 0075
Forward-Looking Statements
Forward Looking Statements: This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release,
other than statements of historical facts including, without limitation, statements regarding potential mineralization, historic production, estimation of mineral
resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of
exploration activities generally, the timing of the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange
rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, titlefuture driling actiivities and the locations
of such drilling, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. Although Group
Ten believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of
future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are
based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements
include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future
resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks
associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns,
uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other
exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that
mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently
risky business. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. For more information on Group
Ten and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.