Fully Funded & Largest Drill Program Ever - Stillwater Critical Minerals

Mike Rowley, President and CEO of Stillwater Critical Minerals shares what the company has achieved since late last year and what’s coming next for its flagship polymetallic project in Montana’s Lower Stillwater Complex. Fully funded following the December placement, with Glencore now holding approximately 13% after writing a third cheque, the company is advancing a new geology model using senior Ivanhoe Mines technical experts. A significant resource update is expected in the first half of 2025, followed by the largest drilling program in the company’s history. The project already hosts 1.6 billion pounds of nickel, copper and cobalt plus 3.8 million ounces of platinum group metals and gold — including the only rhodium resource in the United States. Located directly next to Sibanye Stillwater’s operations in a pro-mining district, Stillwater is also well positioned to benefit from current sulfuric acid shortages affecting the global nickel market.