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Group Ten Metals ( (TSE:PGE) ) has issued an announcement.
Stillwater Critical Minerals Corp. has received payment from Heritage Mining as part of an Earn-In Agreement for the Drayton-Black Lake Gold Project in Ontario. This agreement allows Heritage to earn a 51% interest by meeting certain milestones, including cash payments and exploration expenditures, and the potential to increase their stake to 90% while Stillwater retains a 10% interest. This strategic move provides Stillwater significant exposure to a high-grade gold project while allowing it to concentrate on its other critical mineral ventures, potentially enhancing its market position and operational focus.
More about Group Ten Metals
Stillwater Critical Minerals Corp. is a company operating in the mining industry, primarily focusing on critical minerals. The company is actively involved in exploration and development projects, with a specific market focus on enhancing its portfolio in both gold and critical minerals sectors.
YTD Price Performance: 8.70%
Average Trading Volume: 94,528
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$27.25M
For an in-depth examination of PGE stock, go to TipRanks’ Stock Analysis page.
