PGE.V · 2020-04-16 12:00:00

Group Ten Reports Wide, Continuous Palladium, Platinum, Gold, Nickel, Copper, and Cobalt Mineralization Starting from Surface at the Chrome Mountain Target Area of the Stillwater West Project in Montana, USA

Corporate Updates

TSX.V: PGE

OTC: PGEZF

FSE: 5D32

Group Ten Reports Wide, Continuous Palladium, Platinum, Gold, Nickel, Copper, and Cobalt Mineralization

Starting from Surface at the Chrome Mountain Target Area of the Stillwater West Project in Montana, USA

April 16, 2020 – Vancouver, BC - Group Ten Metals Inc. (TSX.V: PGE; US OTC: PGEZF; FSE: 5D32) (the

“Company” or “Group Ten”) is pleased to announce 2019 exploration results from the Chrome Mountain and

East Boulder target areas at the Company’s flagship Stillwater West Platinum Group Element (“PGE”)-Ni-Cu

Project in Montana, USA.

This is the third in a series of planned news releases to report results of 2019 exploration programs which

focused on the advancement of drill-defined mineralized zones at five priority target areas. Subsequent news

releases will report results from mapping and surface sampling programs completed in 2019, plus ongoing

modelling work, and rhodium assays from drill and field samples.

Work in 2019 at Chrome Mountain and East Boulder included re-logging and re-assaying of drill core along with

surface sampling and mapping programs. The aim of this work is to advance 3D modelling of drill-defined

mineralization, at the Hybrid Unit, toward delineation of a mineral resource, and to refine early-stage targets

for first drill testing.

Highlights include:

• 388 meters of 1.0 g/t Total Platinum Equivalent (“TotPtEq”), or 0.22% Total Nickel Equivalent (“TotNiEq”),

starting at surface, including 30 meters of 3.86 g/t TotPtEq, or 0.85% TotNiEq (0.60 g/t Pt, 1.25 g/t Pd, and

0.19% Ni, plus Au, Cu, and Co values), starting at 39 meters in hole CM-2007-02 at the Hybrid Unit;

• 243 meters of 1.62 g/t TotPtEq or 0.35% TotNiEq in hole CM-2007-04, starting at surface, and including

118 meters of 2.15 g/t TotPtEq or 0.47% TotNiEq with multiple intervals rich in PGEs:

o 18 meters of 0.52 g/t Pt, 0.91 g/t Pd and 0.16% Ni, plus Au, Cu, and Co values for 3.12 g/t TotPtEq

(or 0.68% TotNiEq), starting at 34 meters;

o 30 meters of 0.55 g/t Pt, 0.96 g/t Pd and 0.13% Ni, plus Au, Cu, and Co values for 3.07 g/t TotPtEq

(or 0.67% TotNiEq), starting at 77 meters;

o 7 meters of 0.88 g/t Pt, 1.76 g/t Pd, and 0.15% Ni, plus Au, Cu, and Co values, for 4.85 g/t TotPtEq,

or 1.06% TotNiEq, starting at 88 meters;

o 7.3 meters of 0.83 g/t Pt, 1.54 g/t Pd, and 0.12% Ni, plus Au, Cu, and Co values, for 4.25 g/t TotPtEq,

or 0.93% TotNiEq, starting at 171 meters;

• 226 meters of 1.58 g/t TotPtEq or 0.34% TotNiEq starting at surface, including 24 meters of 2.69 g/t

TotPtEq or 0.59% TotNiEq in hole CM-2007-07;

• 210 meters of 1.64 g/t TotPtEq or 0.36% TotNiEq starting at surface, including 20 meters of 2.78 g/t

TotPtEq or 0.61% TotNiEq in hole CM-2007-08;

• Re-logging and re-assaying of past core in the early-stage East Boulder target area confirmed the presence

of significant PGE-Ni-Cu-Co mineralization two kilometer east of the Hybrid Unit; and

• 3D modelling is now underway to guide priority drilling planned for 2020 at Chrome Mountain.

Michael Rowley, President and CEO, commented, "Results from our 2019 programs have successfully advanced

the Hybrid Unit in the Chrome Mountain target area towards delineation of a maiden resource with multiple

very wide intervals returning greater than one gram-per-tonne palladium, platinum and gold starting from

surface. This is the third target tested at Stillwater West to show ‘Platreef-style’ bulk tonnage PGE-Ni-Cu-Co

mineralization over hundreds of meters in thickness, placing them alongside our results from the Iron Mountain

and Camp target areas as being some of the thickest mineralized intercepts ever recorded in the Stillwater

Complex. Our work at the neighboring early-stage East Boulder target area has also confirmed the presence of

wide intervals of nickel and copper sulphide mineralization, enriched in palladium, platinum, gold and cobalt,

two kilometer east of the Hybrid Unit along the corresponding target stratigraphy that traverses the 25-

TSX.V: PGE

OTC: PGEZF

FSE: 5D32

kilometer-wide Stillwater West project. Our work is identifying a very large-scale mineralized system in the

lower Stillwater Complex, with results that are comparable to the style of mineralization found in the Platreef

of South Africa’s Bushveld Complex, host to some of the world’s largest nickel-copper sulphide hosted PGE

mines. We look forward to reporting additional results from our 2019 program in the coming weeks along with

our plans for 2020.”

Chrome Mountain and East Boulder

Mineralization at Chrome Mountain and East Boulder sits stratigraphically below the world-class J-M Reef

deposit, located adjacent to the Stillwater West project, now being mined by Sibanye-Stillwater. As shown in

Figure 1, below, the lower Stillwater Complex stratigraphy continues across Group Ten’s 25-kilometer-wide

property, hosting a total of eight multi-kilometer-scale target areas that have been identified as having potential

for large-scale deposits of nickel and copper sulphide enriched in palladium, platinum, rhodium, gold and cobalt.

TABLE 1 - Highlight Drill Intercepts from the Discovery Target in the Hybrid Unit at Chrome Mountain

Highlight intercepts with grade-thickness values over 25 gram-meter TotPtEq are presented above. Total Platinum Equivalent (TotPtEq g/t) and Total

Nickel Equivalent (TotNiEq %) calculations reflect total gross metal content using metals prices as follows (all USD): $6.00/lb nickel (Ni), $3.00/lb copper

(Cu), $20.00/lb cobalt (Co), $900/oz platinum (Pt), $1,400/oz palladium (Pd), and $1,400/oz gold (Au). Values have not been adjusted to reflect

metallurgical recoveries. Total metal equivalent values include both base and precious metals. Total platinum equivalent grade-thickness was

determined by multiplying the thickness (in meters) by the Total Platinum Equivalent grade (in grams/tonne) to provide gram-meter values (g-m) as

shown. Total nickel equivalent grade-thickness was determined by multiplying the thickness (in meters) by the Total Nickel Equivalent grade (in percent)

to provide percent-meter values as shown. Grade-thickness values have been determined across continuously mineralized intervals. Nickel equivalent

values may be converted to copper equivalent values by multiplying the NiEq value by the price ratio of the two (ie times two per the above prices), such

that 0.5% NiEq equates to 1.0% CuEq. Platinum equivalent has been used based on the historic values of platinum and palladium. Platinum equivalent

values may be converted to palladium equivalent values by multiplying the PtEq value by the price ratio of the two (ie times 0.64 per the above prices),

such that 1 g/t PtEq equates to 0.64 g/t PdEq. Intervals are reported as drilled widths and are believed to be representative of true widths. All holes

were conducted by Group Ten’s QP and are not considered historic.

Figures 2 to 7 present the Chrome Mountain and East Boulder target areas, including cross-sections

representing the Company’s current understanding of the Hybrid Unit and surrounding stratigraphy.

TSX.V: PGE

OTC: PGEZF

FSE: 5D32

FIGURE 1 – Main Target Areas Across the 25-Kilometer Width of the Stillwater West Project

Group Ten has completed initial 3D modelling of historic drill data, complemented by the Company’s 2019

programs, at five of the eight target areas and is now working to define maiden mineral resources at the three

most advanced of these areas, including the Hybrid Unit at Chrome Mountain.

Historic sampling has indicated that the PGE mineralization at Stillwater West also includes the rare PGE

rhodium along with palladium, platinum and gold. The Stillwater Complex is one of very few locations globally

that hosts significant rhodium mineralization. The Company is completing final analysis of rhodium assays from

rock and drill samples at several target areas, with results anticipated in the near future.

Chrome Mountain – Hybrid Unit

Mineralization at the Hybrid Unit is presently defined by ten drill holes at the Discovery target that delineate a

mineralized zone of a type not identified previously in the Stillwater Complex, but known at the Platreef in

South Africa’s Bushveld Complex (see December 17, 2018 and February 21, 2019 news releases). These six holes

returned composite mineralization of 200 to 450 meters in thickness that has been tested to approximately 300

meters vertical depth and occurs over a strike length of approximately 700 meters. Mineralization remains open

in all directions and occurs within a broader approximately two-kilometer-wide area of highly anomalous metals

in soils (see Figures 3 and 4).

Work at the Discovery target in 2019 focused on re-logging and re-assaying of 11 past drill holes to bring them

into the developing block model and define the scale of the mineralized system. These holes were primarily

targeted on highly elevated platinum and palladium values in soils.

Chrome Mountain – Dunite Ridge and Bald Hills Targets

Work by Group Ten has identified several intrusive dunite targets across the Stillwater West project, including

the Dunite Ridge and Bald Hills targets. Intrusive dunites are well documented in the Bushveld Complex where

they can have spectacular PGE grades. However, no systematic exploration effort had been completed on these

targets in the Stillwater Complex prior to 2018. Rock sampling and geological mapping work in 2019 returned

results up to 4.44 g/t 3E ( 2.15 g/t Pt, 2.27 g/t Pd, 0.02 g/t Au) in sample 3190343 at Dunite Ridge. This same

area returned 16.0 g/t 3E (as 8.72 g/t Pt, 7.25 g/t Pd, and 0.03 g/t Au) in one sample, and 7.45 g/t 3E as 2.32

g/t Pt, 5.10 g/t Pd, and 0.02 g/t Au in a second, in the 2018 field campaign.

Results from Bald Hills confirm the presence of widespread orthopyroxene pegmatoid and discordant,

serpentinized dunite, both of which contain lenses and disseminations of chromite and base metal sulphide.

Lithogeochemical sampling defines a broad, east-west trending zone of anomalous PGE mineralization,

approximately 150 meters by 600 meters in extent and open for expansion within a 750-meter-long area of

highly anomalous platinum, palladium, gold, nickel and copper in soil.

TSX.V: PGE

OTC: PGEZF

FSE: 5D32

Dunite Ridge and Bald Hills are priority targets for follow-up work in 2020.

Chrome Mountain - Tarantula Target

Work in 2018 identified the Tarantula target in the eastern area of the Chrome Mountain target area, where

highly anomalous PGE mineralization occurs in the Ultramafic Series. Host rocks are pegmatoidal bronzitite;

disseminated chromite and sulphide have been described over an approximate strike length of at least 500

meters. Work in 2019 focused on prospecting, rock sampling and geologic mapping to advance the target for

additional work in 2020. Several multi-gram PGE results were returned, ranging up to 2.74 g/t 3E (0.85 g/t Pt,

1.88g/t Pd, 0.01 g/t Au) in sample 3191206. Past results from the Chrome Mountain area includes up to 3.56

g/t Pd, 0.618% Ni, and 0.049% Co in 2018. High chromium levels are noted in this area with 15 samples to date

returning grades of 10 to 26.8% Cr. Furthermore, highly anomalous platinum, palladium, gold, nickel and copper

are shown in soils in the Tarantula target area, as shown in Figures 3 and 4.

The Tarantula target is a priority target for follow-up work in 2020.

East Boulder Target Area

As shown in Figure 2, the East Boulder target area centers on a highly conductive geophysical anomaly with

coincident highly elevated levels of PGE, Ni and Cu in soils (Figures 3 and 4) covering an area approximately 2.6

kilometers by 1.9 kilometers. The East Boulder target area has less outcrop exposure than the adjacent Chrome

Mountain target area (Figure 5) and, as a result, remains much less explored despite historic placer mining in

the area.

Assaying of archived core from drill holes CM-2008-01 and CM-2008-03 returned significant base metal values

from intervals that had previously been analyzed for precious metals only, including 69.2 meters of 1.62 g/t

TotPtEq (or 0.35% TotNiEq), as 0.19% Ni, 0.07% Cu, and 0.017% Co, plus PGE values, starting at 98.5 meters

down hole. These holes were originally drilled to test narrower, higher-grade reef-type PGE deposits and

therefore were not optimized for more recent geologic models from the Platreef district, however these new

results confirm the extension of bulk tonnage PGE-Ni-Cu-Co mineralization between the Chrome Mountain and

Iron Mountain target areas, across the same highly prospective stratigraphic zone. As shown in Figure 2, an

untested geophysical conductive high anomaly lies immediately south of holes CM-2008-01 and -02, continuing

to the east and west.

Future work at the East Boulder target area will include detailed mapping and rock sampling to develop and

refine drill targets in the area of the electromagnetic conductors and coincident soil anomalies.

About Stillwater West

The Stillwater West PGE-Ni-Cu 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 platinum group

elements (“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 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, while the lower part of the Stillwater Complex also shows the potential for much larger scale

disseminated and high-sulphide PGE-Ni-Cu deposits, possibly similar to Platreef in the Bushveld Complex2.

Group Ten’s Stillwater West property 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 project adjacent to Sibanye-

TSX.V: PGE

OTC: PGEZF

FSE: 5D32

Stillwater’s high-grade PGE mines in Montana, USA. Group Ten also holds the high-grade Black Lake-Drayton

Gold project in the Rainy River district of northwest Ontario and the Kluane PGE-Ni-Cu 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, brownfields 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 explorer/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

2019 field samples and re-assayed core from 2007 and 2008 were analyzed by ACT Labs in Vancouver, B.C. Sample

preparation: crush (< 7 kg) up to 80% passing 2 mm, riffle split(250 g) and pulverize (mild steel) to 95% passing 105 µm

included cleaner sand. Gold, platinum, and palladium were analyzed by fire assay (1C-OES) with ICP finish. Selected major

and trace elements were analyzed by peroxide fusion with 8-Peroxide ICP-OES finish to insure complete dissolution of

resistate minerals.

2007 and 2008 drilling was conducted by Group Ten’s QP while working for Beartooth Platinum.

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 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, title, 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.

Figure 2 – HIGHLIGHT DRILL AND ROCK SAMPLE RESULTS OVER GEOPHYSICS -

CHROME MOUNTAIN & EAST BOULDER TARGET AREAS

STILLWATER WEST PGE-Ni-Cu PROJECT, Montana, USA

Fugro DIGHEM EM Survey

(Conductivity)

56kHz Apparent Resistivity

(ohm-meters)

<75

150

200

800

1500

2500

>5000

ROCK SAMPLE RESULTS

as Total Pt Equivalent g/t

and as Total Nickel Equivalent %

TotPtEq g/t TotNiEq %

0.5 to 1 g/t 0.12 to 0.24 %

1 to 5 g/t 0.24 to 1.22 %

> 5 g/t > 1.22 %

DRILL RESULTS

Reported as Total Pt Equivalent Grade-Thickness

Full 3E Data Base Metal

TotPtEq g-m Data Only Data Only

< 25 g-m

25 to 50 g-m

50 to 75 g-m

75 to 100 g-m

> 100 g-m

Conductance

TSX: PGE.V OTC: PGEZF FSE: 5D32

www.grouptenmetals.com

CHROME MOUNTAIN

EAST BOULDER

CM2007-08: 209.7 meters @ 344.2 g-m TotPtEq

DISCOVERY

(HYBRID UNIT)

Geophysical (EM) survey results demonstrate:

• Geophysical conductors shown in warmer colours are characteristic of large bodies

of abundant sulphide mineralization and correspond with overlapping elevated

metal values in rock and soil samples

• Mineralization in drill and rock results proximal to the conductive high anomalies

demonstrates potential for large ‘Platreef-style’ bulk tonnage PGE-Ni-Cu deposits in

target areas

• No systematic drill test of the kilometer-scale conductive

high targets has been completed to date

1 km

CM2007-10: 140.2m @ 236.1 g-m TotPtEq

CROSS

SECTION

CROSS

SECTION

TARANTULA

BALD HILLS

CONDUCTIVE HIGH

CM2007-07: 225.6m @ 355.6 g-m TotPtEq

TARGET AREAS

2019 Rock Sample 3190343: 5.74 g/t TotPtEq

including 2.15 g/t Pt, 2.27 g/t Pd

CM2008-03: 69.2m @ 1.62 g/t TotPtEq (or 0.35% TotNiEq)

including 0.19% Ni, 0.07% Cu, and 0.017% Co, starting at 98.5m

GEOLOGIC BOUNDARIES: BAN – Banded Series; BZ – Bronzitite Zone;

PZ – Peridotite Zone; HF - Hornfels

BAN

Drill hole CM2007-04: 242.9m of 1.62 g/t TotPtEq, including:

• 118m of 1.0 g/t 3E as 0.36 g/t Pt, 0.56 g/t Pd, 0.09 g/t Au; and

• 30m of 1.63 g/t 3E as 0.55 g/t Pt, 0.96 g/t Pd, 0.13 g/t Au

Drill hole CM2007-01: 446m @ 378 g-m TotPtEq

Drill hole CM2007-02: 387.7m of 0.99 g/t TotPtEq, including:

• 50m of 1.46 g/t 3E as 0.49 g/t Pt, 0.91 g/t Pd, 0.06 g/t Au; and

• 30m of 1.93 g/t 3E as 0.60 g/t Pt, 1.25 g/t Pd, 0.09 g/t Au

CM2008-01

BAN

Drill hole CM2007-01: 446m @ 378 g-m TotPtEq

Drill hole CM2007-02: 387.7m of 0.99 g/t TotPtEq, including:

• 50m of 1.46 g/t 3E as 0.49 g/t Pt, 0.91 g/t Pd, 0.06 g/t Au; and

• 30m of 1.93 g/t 3E as 0.60 g/t Pt, 1.25 g/t Pd, 0.09 g/t Au

Figure 3 – HIGHLIGHT DRILL AND ROCK SAMPLE RESULTS OVER SOIL

GEOCHEMISTRY (Pt, Pd, Au) - CHROME MOUNTAIN & EAST BOULDER TARGET AREAS

STILLWATER WEST PGE-Ni-Cu PROJECT, Montana, USA

TSX: PGE.V OTC: PGEZF FSE: 5D32

www.grouptenmetals.com

1 km

Soil geochemistry survey results for platinum, palladium and gold demonstrate:

• Highly elevated levels of Pt, Pd and Au in soils

• Very strong correlation in the Discovery target area where drill results returned wide

intervals of PGE and base metal enriched mineralization

• Strong soils response also shown in the Bald Hills, Dunite Ridge, and Tarantula

target areas, which were discovered by Group Ten in 2018 based on high-grade Pt

and Pd in rock samples of up to 8.72 g/t Pt and 7.25 g/t Pd

CHROME MOUNTAIN

EAST BOULDER

CM2007-08: 209.7 meters @ 344.2 g-m TotPtEq

CM2007-10: 140.2m @ 236.1 g-m TotPtEq

CROSS

SECTION

CROSS

SECTION

TARANTULA

BALD HILLS

CM2007-07: 225.6m @ 355.6 g-m TotPtEq

2019 Rock Sample 3190343: 5.74 g/t TotPtEq

including 2.15 g/t Pt, 2.27 g/t Pd

BAN

CM2008-01

ROCK SAMPLE RESULTS

as Total Pt Equivalent g/t

and as Total Nickel Equivalent %

TotPtEq g/t TotNiEq %

0.5 to 1 g/t 0.12 to 0.24 %

1 to 5 g/t 0.24 to 1.22 %

> 5 g/t > 1.22 %

DRILL RESULTS

Reported as Total Pt Equivalent Grade-Thickness

Full 3E Data Base Metal

TotPtEq g-m Data Only Data Only

< 25 g-m

25 to 50 g-m

50 to 75 g-m

75 to 100 g-m

> 100 g-m

SOIL GEOCHEMISTRY

Pt + Pd + Au (ppb)

>200

75 – 200

50 – 75

25 – 50

15 – 25

5 – 15

GEOLOGIC BOUNDARIES: BAN – Banded Series; BZ – Bronzitite Zone; PZ – Peridotite Zone; HF - Hornfels

CM2008-03: 69.2m @ 1.62 g/t TotPtEq (or 0.35% TotNiEq)

including 0.19% Ni, 0.07% Cu, and 0.017% Co, starting at 98.5m

Drill hole CM2007-04: 242.9m of 1.62 g/t TotPtEq, including:

• 118m of 1.0 g/t 3E as 0.36 g/t Pt, 0.56 g/t Pd, 0.09 g/t Au; and

• 30m of 1.63 g/t 3E as 0.55 g/t Pt, 0.96 g/t Pd, 0.13 g/t Au

BAN

Drill hole CM2007-01: 446m @ 378 g-m TotPtEq

Drill hole CM2007-02: 387.7m of 0.99 g/t TotPtEq, including:

• 50m of 1.46 g/t 3E as 0.49 g/t Pt, 0.91 g/t Pd, 0.06 g/t Au; and

• 30m of 1.93 g/t 3E as 0.60 g/t Pt, 1.25 g/t Pd, 0.09 g/t Au

TARGET AREAS

DISCOVERY

(HYBRID UNIT)

TSX: PGE.V OTC: PGEZF FSE: 5D32

www.grouptenmetals.com

Figure 4 – HIGHLIGHT DRILL AND ROCK SAMPLE RESULTS OVER SOIL

GEOCHEMISTRY (Ni, Cu) - CHROME MOUNTAIN & EAST BOULDER TARGET AREAS

STILLWATER WEST PGE-Ni-Cu PROJECT, Montana, USA

Soil geochemistry survey results for nickel and copper demonstrate:

• Highly elevated levels of Ni and Cu across both target areas

• Large and highly anomalous Ni and Cu in soil response in the Discovery target area

corresponding with thick intervals of PGE and base metal enriched mineralization in

drill results

• Strong soils response also shown in the Bald Hills and Tarantula target areas, which

were discovered by Group Ten in 2018 and have not been drill tested to date

1 km

CHROME MOUNTAIN

EAST BOULDER

CM2007-08: 209.7 meters @ 344.2 g-m TotPtEq

CM2007-10: 140.2m @ 236.1 g-m TotPtEq

CROSS

SECTION

CROSS

SECTION

TARANTULA

BALD HILLS

CM2007-07: 225.6m @ 355.6 g-m TotPtEq

2019 Rock Sample 3190343: 5.74 g/t TotPtEq

including 2.15 g/t Pt, 2.27 g/t Pd

BAN

CM2008-01

ROCK SAMPLE RESULTS

as Total Pt Equivalent g/t

and as Total Nickel Equivalent %

TotPtEq g/t TotNiEq %

0.5 to 1 g/t 0.12 to 0.24 %

1 to 5 g/t 0.24 to 1.22 %

> 5 g/t > 1.22 %

DRILL RESULTS

Reported as Total Pt Equivalent Grade-Thickness

Full 3E Data Base Metal

TotPtEq g-m Data Only Data Only

< 25 g-m

25 to 50 g-m

50 to 75 g-m

75 to 100 g-m

> 100 g-m

SOIL GEOCHEMISTRY

Ni + Cu (ppm)

>1,000

650 – 1,000

350 - 650

250 – 350

150 – 250

75 – 150

GEOLOGIC BOUNDARIES: BAN – Banded Series; BZ – Bronzitite Zone; PZ – Peridotite Zone; HF - Hornfels

CM2008-03: 69.2m @ 1.62 g/t TotPtEq (or 0.35% TotNiEq)

including 0.19% Ni, 0.07% Cu, and 0.017% Co, starting at 98.5m

Drill hole CM2007-04: 242.9m of 1.62 g/t TotPtEq, including:

• 118m of 1.0 g/t 3E as 0.36 g/t Pt, 0.56 g/t Pd, 0.09 g/t Au; and

• 30m of 1.63 g/t 3E as 0.55 g/t Pt, 0.96 g/t Pd, 0.13 g/t Au

BAN

Drill hole CM2007-01: 446m @ 378 g-m TotPtEq

Drill hole CM2007-02: 387.7m of 0.99 g/t TotPtEq, including:

• 50m of 1.46 g/t 3E as 0.49 g/t Pt, 0.91 g/t Pd, 0.06 g/t Au; and

• 30m of 1.93 g/t 3E as 0.60 g/t Pt, 1.25 g/t Pd, 0.09 g/t Au

TARGET AREAS

DISCOVERY

(HYBRID UNIT)

← Back to feed