Group Ten Metals Identifies 12 Major Geophysical Conductor Anomalies at Stillwater West Project, Montana, USA
TSX.V: PGE
OTC: PGEZF
FSE: 5D32
904 - 409 Granville Street, Vancouver, British Columbia, Canada V6C 1T2
Group Ten Metals Identifies 12 Major Geophysical Conductor Anomalies at
Stillwater West Project, Montana, USA
February 26, 2018 – Vancouver, BC - Group Ten Metals Inc. (TSX.V: PGE; US OTC: PGEZF; FSE: 5D32) (the
“Company” or “Group Ten”) is pleased to announce that it has identified an initial 12 major geophysical
conductive anomalies from a 1,914 line kilometer Fugro DIGHEM electro-magnetic survey covering its Stillwater
West project in south-central Montana. These first targets are located within the Lower Banded, Ultramafic, and
Basal Series of the Stillwater Complex within Group Ten ’s main claim group. The strongest geophysical
conductors show signatures that may be characteristic of large bodies of massive to extensively disseminated
sulphides, which correspond with overlapping highly elevated palladium, platinum, gold, nickel, copper and
chromium values in soil samples, covering over 18 kilometers in length (see Group Ten news release from
January 10, 2018 ). Together, the strongest conductive geophysical anomalies, along with the scale and
magnitude of the geochemical signatures, confirm and reinforce the potential of Group Ten’s Stillwater West
project to host major new platinum group element (PGE), nickel, and copper mineralization within the lower
Stillwater Complex.
The Stillwater Complex is a layered mafic -ultramafic intrusion that is recognized, along with the Bushveld
Complex in South Africa , as one of the top regions in the world for PGE -nickel-copper mineralization1. Group
Ten’s Stillwater West project covers 44 square kilometers of claims adjoining Sibanye-Stillwater’s high-grade
Stillwater PGE mines on the J-M Reef deposit. The J-M Reef deposit hosts the highest grade PGE mines in the
world, with a Measured and Indicated resource of 31.3 million ounces at a grade of 17.0 grams per tonne (g/t)
Pt+Pd, plus an additional 49.4 million ounces at 16.6 g/t Pt+Pd in Inferred resources2, and over 12 million ounces
Pt+Pd of historic production to date at similar grades3. Earlier operations in the district also mined high-grade
nickel, copper and chromium.
TSX.V: PGE
OTC: PGEZF
FSE: 5D32
904 – 409 Granville Street, Vancouver, British Columbia, Canada V6C 1T2
The high-grade J-M Reef deposit, and other PGE-enriched Reef-type sulphide horizons in the Stillwater Complex,
share many similarities with the highly prolific Merensky and UG2 Reefs in the Bushveld Complex, while the
lower part of the Stillwater Complex shows the potential for much larger scale disseminated and high-sulphide
PGE-nickel-copper type deposits, such as the Platreef, Waterberg and Mogalakwena mines, that occur in the
northern limb of the lower Bushveld Complex1.
The Group Ten technical team is targeting both higher-grade Reef-type and large-scale magmatic sulphide-
hosted targets on the Stillwater West project. Modelling of the detailed DIGHEM survey across the main claim
block has identified highly conductive anomalies in two broad stratigraphic packages of the lower Stillwater
Complex across more than 18 kilometers of strike each. These geophysical signatures, along with the geology
and geochemistry of the Stillwater West project, are shown in Figure 1. The two major bands of conductive
geophysical anomalies and their associated targets are described in more detail below:
• Five main Reef-type target areas have been identified as moderate to strong magnetic conductors ranging
in length from 1.5 to 5 kilometers and showing potential for multiple high er-grade PGE Reef-type deposit
settings within approximately 18 kilometers of Lower Banded and upper Ultramafic stratigraphy (shown as
red outlines on Figure 1). These broad conductive areas correspond spatially with highly elevated platinum
group metal, nickel, copper, and chromium values in soils and outcrop samples.
• Seven broad magmatic PGE-Ni-Cu +/- Cr sulphide target areas have been identified ranging from 2 to 4
kilometers in length and up to 2 kilometers in width, with strong to very strong conductivity within the lower
Ultramafic and Basal sequence stratigraphy (shown as blue outlines on Figure 1) . These broad target areas
also correspond with highly elevated metal values in surface outcrop and soil samples. Within these seven
broad conductive targets, at least 14 additional and exceptionally strong, discrete kilometer-scale conductor
signatures have been identified, several of which show massive sulphide occurrences from surface
prospecting.
Results from the identified electromagnetic conductors, along with the previously released multi -element
geochemical sampling, demonstrate the effectiveness of these exploration tools for identifying prospective new
PGE-Ni-Cu targets in the Stillwater district for further exploration.
President and CEO Michael Rowley stated, “We are extremely encouraged by the size, strength and number of
conductive targets identified at Stillwater West, particularly given their overlap with the 18 kilometer long
footprint of elevated metal values in soils, and our new insights into the geology of the Ultramafic and Basal
Series of the complex. We see potential for multiple deposit types and indications of a much larger mineralized
system than has been previously recognized in this under-explored part of the Stillwater Complex. We are
especially excited about the similarities in the setting and style of mineralization at the Stillwater West Project
to those seen in the world-class Platreef deposits of the lower Bushveld Complex. We look forward to providing
further technical releases and announcements related to our 2018 exploration program.”
About Group Ten Metals Inc.
Group Ten Metals Inc. is a Canadian mineral exploration company focused on the acquisition and development
of high-quality platinum, palladium, nickel, copper and gold exploration assets in North America. The Company’s
holdings include the Stillwater West PGE-Ni-Cu project adjacent to Sibanye-Stillwater’s high-grade Pd-Pt mines
in Montana, the Kluane Ni-Cu-PGE project adjacent to Nickel Creek Platinum‘s Wellgreen deposit in the Yukon
Territory, and the Black Lake-Drayton Gold project in the Rainy River district of northwest Ontario.
Note 1: 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.
Note 2: Report on Montana Platinum Group Metal Mineral Assets of Sibanye-Stillwater, November 2017, Measured and Indicated
Resources of 57.2 million tonnes grading 17.0 g/t Pt+Pd containing 31.3 million ounces and 92.5 million tonnes grading 16.6 g/t containing
49.4 million ounces.
Note 3: Public production records from Stillwater Mining Company 1992 to present.
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
TSX.V: PGE
OTC: PGEZF
FSE: 5D32
904 – 409 Granville Street, Vancouver, British Columbia, Canada V6C 1T2
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
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