First Drill Rig At Stillwater West PGE-Ni-Cu-Co + Au Project

VANCOUVER - Group Ten Metals Inc. reported that the first drill of a planned three rig drill program has arrived at site and is being prepared for the start of work at the Stillwater West platinum group element, nickel, copper, cobalt, and gold (PGE-Ni-Cu-Co + Au) project in Montana. A 10,000-meter drill campaign is planned for the 2021 season with the primary objective of expanding drill-defined mineralization at the three most advanced areas and testing adjacent priority targets identified in the 2020 Induced Polarization (IP) survey. Results from 2021 drilling are expected to drive expansion of the inaugural mineral resource estimates that are now in development, with publication targeted for this summer. The program will further include geological mapping and prospecting programs to advance earlier-stage targets to drill-ready status across the 32-kilometer-long project, as well as an expanded IP geophysical survey.

Michael Rowley, President and CEO, said, "We are excited to announce the arrival of the first drill rig as we initiate our most aggressive field program to date at Stillwater West. Additional equipment and crews are in transit as we enter what we expect will be a transformative period for the Company. Work in 2021 is expected to pave the way for rapid expansion of the inaugural resource estimates that are now in development based on the enormous potential demonstrated by previous drilling and the 2020 IP survey noted above. We successfully identified multiple new high-grade magmatic horizons and expanded known mineralization into untested adjacent targets at Chrome Mountain in 2020 with this approach, and our objective is to continue that success at all three advanced target areas this year. We look forward to further announcements in the near term."