Primary ticker: TSXV: PGE, OTCQB: PGEZF Stage of development: Exploration Primary minerals: Nickel, platinum, palladium, rhodium, copper, cobalt, gold, chromium Project to promote: Stillwater West Ni-PGE-Cu-Co+Au Project Project location: USA Website: criticalminerals.com
Stillwater Critical Minerals (TSX.V: PGE | OTCQB: PGEZF | FSE: J0G) is a mineral exploration company focused on its flagship Stillwater West Ni-PGE-Cu-Co + Au project in the iconic and famously productive Stillwater mining district in Montana, USA. With the addition of two renowned Bushveld and Platreef geologists to the team and strategic investments by Glencore plc, the Company is well positioned to advance the next phase of large-scale critical mineral supply from this world-class American district, building on past production of nickel, copper, and chromium, and the on-going production of platinum group, nickel, and other metals by neighboring Sibanye-Stillwater. An expanded NI 43-101 mineral resource estimate, released January 2023, positions Stillwater West with the largest nickel resource in an active US mining district as part of a compelling suite of nine minerals now listed as critical in the USA.
Stillwater also holds the high-grade Drayton-Black Lake- gold project adjacent to Nexgold Mining’s development-stage Goliath Gold Complex in northwest Ontario, currently under an earn-in agreement with Heritage Mining, and the Kluane PGE-Ni-Cu-Co critical minerals project on trend with Nickel Creek Platinum‘s Wellgreen deposit in Canada‘s Yukon Territory. The Company also holds the Duke Island Cu-Ni-PGE property in Alaska, now subject to an LOI towards an earn-in agreement with Granite Creek Copper, and maintains a back-in right on the high-grade past-producing Yankee-Dundee in BC, following its sale in 2013.
Cash: CAD 2M Debt: NIL
Major shareholders: Management Ownership – 22%
Financials
Management Profile
Michael Rowley – President & CEO Michael Rowley has over 25 years executive experience in the exploration, mineral testing, and mine environmental industries, including capital markets and operations. One of Stillwater Critical Mineral’s founding shareholders and Directors, Mr. Rowley is active in additional publicly-traded companies, including fellow Metallic Group member, Granite Creek Copper.
What is your rationale for taking part in 121 Mining Investment?
Looking to meet international institutional investors interested in critical minerals and nickel, platinum group elements in particular. We would be looking for market buying but also potential investors in private placement financings or strategic partners from the industry.
What recent news would you like to highlight to investors attending?
What are your key goals in 3 months, 6 months, 12 months?
3 Months: Update mineral resource estimate
6 Months: Fund and launch 2023 field exploration season
12 Months: US government funding, complete major drilling program, additional project deals, potentially bring on strategic partner
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Access to capital based on general market conditions – we have a strong balance sheet and ability to reach investors given the exceptional project, high-demand commodities, location and team’s track record.
What do you think makes your company such a compelling investment?
Critical minerals are in ultra high demand, particularly within North America where both the US and Canadian government have mandated the securing of domestic supply. Our project is almost unique in kind within the US for both its size, metals suite and grade. The project hosts 8 ‘critical minerals’.