For thousands of other reports visit RSC's Mineral Intellingence Map
Group Ten Metals Inc.
Summary
| Project: | Stillwater West | |
|---|---|---|
| Deposit: | Crescent, Cathedral | |
| Location: | United States | |
| Commodities: | Platinum-Palladium-Gold-Nickel-Copper-Cobalt | |
| Date: | 5/29/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-5-2019: Group Ten Metals Inc. announces an Exploration/Drilling Update report for its Crescent, Cathedral deposit at the Stillwater West project. Drilling results incl. 164m @ 0.06g/t Pt, 0.11g/t Pd, 0.05g/t Au, 0.17% Ni, 0.04% Cu from 79.5m. As shown | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Mike Ostenson (Internal) | |
| ABSTRACT: | As shown in Table 1 and Figures 2 and 3, ten shallow drill holes define an area approximately 250 meters by 500 meters on the western portion of the target area in which all holes returned significant mineralized intercepts and mineralization remains open in all directions. Nine of those holes returned grade-thickness values of more than 25 gram-meter (g-m) TotPtEq, and five over 100 g-m grade thickness. Grade-thickness values, determined as grade x thickness, of 25 gram-meter or more are considered economically significant, and values of 100 to 300 gram-meter are considered exceptional. Grade-thickness values at the adjacent J-M Reef mines average approximately 34 gram-meter palladium and platinum1 . Hole IM2006-02 returned 166 g-m grade-thickness TotPtEq including 4.3 meters of 2.94 g/t 3E (Pt + Pd + Au) plus 0.24% Ni+Cu starting at just 28.3 meters depth, demonstrating grade that is directly comparable to that of the Platreef over potentially minable widths. Hole IM2006-02 also returned a number of other mineralized intercepts including 1.0 meter at 11 g/t 3E and 4.7 meters of 0.68 g/t 3E plus 0.63% Ni+Cu. Located approximately 700 meters to the east of IM2006-02, hole CC2 confirms mineralization laterally along the layered magmatic system, while also providing a deeper test to the Basal Series. Drilled by Anaconda in 1990, CC2 reached 569 meters deep and returned multiple mineralized intervals including 1.2 meters grading 0.13% Ni and 4.08% Cu, and 8.9 meters grading 0.39% Ni and 0.12% Cu, starting at 532 meters down hole. Precious metals were not analyzed in this historic drill hole but would be expected to occur with these base metal sulphides. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report