Group Ten Metals Inc. /  14. März 2018 /  15160 Aufrufe

CEO and Chairman Greg Johnson was giving a summary about both companies of what have been achieved, and about the next steps.

Key Facts given:
- The newly formed company Metallic Group of Companies is a colloboration of independent companies for sharing costs, and for gaining synergies
- The Yukon is reported to be one of the largest and highest graded silver districts in the world. - Landpackages of MMG and GPE have been surprisingly underexplorered
- 40 different silver targets were streamlined to 12 priorized tagets, whereas 7 spots will experience further aggressive drilling in 2018, budgeted by the amount of 2 Mio CAD
- Formal resource definition of MMG should be completed early 2019
- In the long run, Metallic is thinking of delivering ore to its neighbour's mine (Alexco Resources)
- Gold Royalty Agreements contribute revenue, partially covering exploration costs. There is still room for 8 more gold operators

- Group Ten's Stillwater West Project, just next to the well-known Sibanye Stillwater mine, has revealed a PGE anomaly 18 km long
- Stillwater is known to be the largest and highest graded platinum producer in the world, outside South Africa and Russia
- Group Ten will also start an aggressive drill program there, budgeted by the amount of 1,5 Mio CAD

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