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An announcement from Group Ten Metals ( (TSE:PGE) ) is now available.
Stillwater Critical Minerals Corp. has announced a non-brokered private placement financing to raise up to $375,000 for its Kluane Critical Minerals Project in Yukon, Canada. The funds will be used for exploration activities, including geological programs and potential geophysical surveys, aimed at identifying drill targets. This initiative underscores Stillwater’s commitment to advancing their exploration efforts in the Kluane PGE-Ni-Cu-Co metallogenic belt, a region with significant mineralization potential. The project is of strategic importance due to its size and mineral richness, positioning Stillwater as a key player in the North American critical minerals market.
More about Group Ten Metals
Stillwater Critical Minerals Corp. operates in the natural resources industry, focusing on the exploration and development of critical minerals such as platinum group elements (PGE), nickel, copper, and cobalt. The company primarily targets mineralized zones within mafic-ultramafic intrusions, leveraging modern exploration techniques to unlock potential in regions like the Kluane metallogenic belt in Yukon, Canada.
YTD Price Performance: 13.04%
Average Trading Volume: 124,211
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$29.52M
Learn more about PGE stock on TipRanks’ Stock Analysis page.