Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced in a news release results from the Crescent and Cathedral target areas on the east side of the Stillwater West project in Montana.
"Results confirm that the airborne geophysical conductive highs are targeting high-sulphide mineralization at both the Crescent and Cathedral target areas," the release noted. "Further, the scale of the conductive anomalies, at 3.9 kilometers (3.9 km) each, is equivalent to the scale of individual Platreef deposits in the Bushveld Complex."
At the Crescent target area, assays from past shallow drilling include 4.3 meters (4.3m) of 2.94 grams per ton (2.94 g/t) platinum, palladium and gold, plus 0.24% combined nickel and copper in drill hole IM2006-02, beginning at a depth of 28.3m.
About 700m east of that hole, deeper historical drilling interested 8.9m of 0.39% nickel and 0.12% copper in hole CC2.
Ten past drill holes returned additional long mineralized intercepts, with 15 intervals showing greater than a 25 gram meter grade thickness, ranging from 25.6–194.7m in length, at base metal grades equal to or higher than those of Platreef.
At Cathedral target area, historical drilling intercepted 6.2m of 0.15% nickel and 0.33% copper in hole IC01.
As for 2018 and historical rock samples, 12 at Crescent and 22 at Cathedral showed high-grade, greater than 2 g/t, platinum equivalent. Nine samples total returned more than 5 g/t platinum, palladium and gold, with up to 0.39% nickel and up to 0.12% cobalt.
"Even in the less-explored Crescent and Cathedral target areas we continue to see correlating geophysical and geological data that confirms the potential for large-scale platinum group elements-nickel-copper-cobalt mineralization within the ultramafic and banded series along the 25 km strike of the project," President and CEO Michael Rowley said in the release.[NLINSERT]
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