Group Ten Metals Contracts Oretest Drilling and Simcoe Geoscience, Plans Largest Exploration Program to Date at Stillwater West PGE-Ni-Cu-Co + Au Project in Montana, USA
TSX.V: PGE
OTCQB: PGEZF
FSE: 5D32
904 - 409 Granville Street, Vancouver, British Columbia, Canada V6C 1T2
Group Ten Metals Contracts Oretest Drilling and Simcoe Geoscience, Plans Largest Exploration
Program to Date at Stillwater West PGE-Ni-Cu-Co + Au Project in Montana, USA
May 21, 2021 – Vancouver, BC - Group Ten Metals Inc. (TSX.V: PGE; US OTCQB: PGEZF; FSE: 5D32) (the “Company”
or “Group Ten”) announces that it has retained Oretest Drilling and Simcoe Geoscience for 2021 exploration programs
at the Company’s flagship Stillwater West platinum group element, nickel, copper, cobalt, and gold (“PGE-Ni-Cu-Co +
Au”) project in Montana, USA, adjacent to Sibanye-Stillwater’s high-grade palladium-platinum mines.
Group Ten’s 2021 exploration program target s world-class polymetallic deposits of battery metals, platinum group
elements and gold in a famously productive and metal- rich mining district which supports the highest -grade
palladium-platinum mines in the world, as well as a smelter and refinery complex, in the USA. The Company’s work to
date has demonstrated potential for bulk tonnage Platreef -style deposits of nickel and copper sulphide that host
palladium, platinum, rhodium, gold, and cobalt within the lower Stillwater complex, based on known parallels with
South Africa’s Bushveld complex.
Highlights
• Oretest Drilling has been retained for a planned 10,000-meter, multi-rig drill campaign with the primary objective
of expanding drill-defined mineralization at the three most advanced areas, while also testing adjacent priority
targets identified in the 2020 Induced Polarization (“IP”) survey.
• Results from 2021 drilling are expected to drive expansion of the inaugural mineral resource estimates that are
now in development at each of the Chrome Mountain, Camp, and Iron Mountain target areas. Publication of
these initial resources is targeted for summer 2021 from mineralization that starts at or near surface, runs from
1 to 1.5 kilometers in strike, and is open for expansion along trend and at depth as demonstrated by IP anomalies.
• Simcoe Geoscience has been retained for a planned 54-line-km Alpha IP survey to expand on the success of the
2020 survey which produced wide, high-level, and coincident chargeability and conductivity anomalies with
exceptional continuity across the 9.2-kilometer length and 800m depth of the 3D model.
• Thick intervals of drill-defined nickel and copper sulphide mineralization with palladium, platinum, rhodium, gold,
and cobalt, confirm the presence of significant Platreef -style polymetallic mineralization in the most advanced
target areas, and this mineralization correlates spatially with the geophysical anomalies identified in the 2020
survey (see April 19, 2021 news release).
• The 2021 IP survey will include extension lines off the east and west ends of the 2020 survey grid with the
objective of advancing drill-defined polymetallic Platreef-style mineralization at the Crescent target area and
drill-defined high-grade gold at the Pine target , among other targets. The new survey will also include infill
coverage to detail wider-spaced areas within the 2020 survey.
• Work in 2021 will further include geological mapping and prospecting programs intended to advance earlier-
stage targets to drill-ready status across the 32-kilometer-long project.
Michael Rowley, President and CEO, commented, “We are excited to announce contracts and plans for our largest
exploration program yet at Stillwater West. IP geophysics and drilling proved to be a powerful combination last year,
driving the successful expansion of known mineralization into untested adjacent targets and identifying multiple new
high-grade magmatic horizons , and we look forward to building on that success at the three most advanced target
areas with a view to expanding inaugural resources that are targeted for release this summer. We also plan to drill
some step -out and exploratory holes at priority targets. Stillwater West continues to rapidly advance towards
becoming a world-class source of low-carbon, sulphide-hosted nickel, copper, and cobalt, critical to the electrification
movement, as well as key catalytic metals including platinum, palladium and rhodium used in catalytic converters, fuel
cells, and the production of green hydrogen. We look forward to further announcements in the near term.”
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. Group Ten’s work in the lower Stillwater
TSX.V: PGE
OTCQB: PGEZF
FSE: 5D32
904 – 409 Granville Street, Vancouver, British Columbia, Canada V6C 1T2
Complex has demonstrated the presence of large-scale disseminated and high-sulphide battery metals and PGE
mineralization, similar to the Platreef in the Bushveld Complex2. Drill campaigns by the Company, complemented by
a substantial historic drill database, are driving 3D models of Platreef-style mineralization in the five most advanced
target areas, three of which are expected to become formal mineral resources by mid-2021. Multiple earlier-stage
Platreef-style and reef-type targets are being advanced across the rest of the 31-kilometer length of the project based
on strong correlations seen in soil and rock geochemistry, geophysical surveys, geologic mapping, and 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 Gold Complex 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.
About the Metallic Group of Companies
The Metallic Group is a collaboration of leading precious and base metals exploration companies, with a portfolio of
large, brownfield assets in established mining districts adjacent to some of the industry’s highest-grade producers of
silver and gold, platinum and palladium, and copper. Member companies include Metallic Minerals in the Yukon’s
high-grade Keno Hill silver district and La Plata silver-gold-copper district of Colorado, Group Ten Metals in the
Stillwater PGM-nickel-copper district of Montana, and Granite Creek Copper in the Yukon’s Minto copper district. The
founders and team members of the Metallic Group include highly successful explorationists formerly with some of the
industry’s leading explorers/developers and major producers. With this expertise, the companies are undertaking a
systematic approach to exploration using new models and technologies to facilitate discoveries in these proven, but
under-explored, mining districts. The Metallic Group is headquartered in Vancouver, BC, Canada, and its member
companies are listed on the Toronto Venture, US OTC, and Frankfurt stock exchanges.
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
Quality Control and Quality Assurance
Mr. Mike Ostenson, P.Geo., is the qualified person for the purposes of National Instrument 43-101, and he has reviewed
and approved the technical disclosure contained in this news release.
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.