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News Update


Mineral Explorer Initiates Till and Rock Sampling Program at Ontario Gold Project
News Update

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Group Ten Metals reported it has begun a till and rock sampling program at its Black Lake–Drayton Gold project adjacent to Treasury Metals Goliath-Goldlund property.

In a news release, Group Ten Metals Inc. (PGE:TSX.V; PGEZF:OTCQB; 5D32:FSE) announced that it commenced a till and rock sampling program at its wholly owned Black Lake–Drayton gold project in northwestern Ontario, Canada. The firm noted that Black Lake–Drayton is located in the Rainy River district and adjoins Treasury Metals Inc.'s (TML:TSX) recently consolidated Goliath-Goldlund gold project.

The company indicated that its 2020 work program is presently underway and is concentrated on till and rock sampling with the objective of advancing previously identified high-grade gold targets. Group Ten Metals added that till sampling has successfully identified significant high-grade gold deposits in similar conditions and related geology in the Sioux Lookout Deformation Zone and across the Rainy River gold belt.

The company's President and CEO Michael Rowley commented, "We are pleased to return to Black Lake–Drayton to expand upon the success of recent campaigns which validated the use of orientation entropy anomalies in target generation and returned positive results in our first till sampling program. Since that time, the district has seen significant advancement with increasing recognition of the potential for new discoveries and resource expansion in an under-explored yet productive high-grade jurisdiction."

"The Company continues to receive expressions of interest from potential strategic partners for the Black Lake-Drayton project with a view to continuing our focus on our flagship Stillwater West battery and platinum group metals project in Montana. We look forward to reporting results from all programs in the near term, including drill results from our 2020 campaign at Stillwater," Rowley added.

Group Ten Metals explained that the Black Lake-Drayton project encompasses greater than 137 sq km and covers more than 30 km of under-explored strike length in the Abrams–Minnitaki Lake Archean greenstone belt. The firm stated that this area hosts many well-known deposits including Treasury Metals' Goliath-Goldlund and New Gold Inc.'s (NGD:TSX; NGD-NYE-Amex) Rainy River project. The company added that since its discovery, the Rainy River deposit has yielded around 10 Moz of gold.

Group Ten reported that Black Lake–Drayton has undergone numerous historic occurrences with multiple high-grade bulk samples being recorded in over 127 drill holes of which 43% intercepted gold or copper mineralization.


1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his household are paid by the following companies mentioned in this article: None.
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5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the decision to publish an article until three business days after the publication of the article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of Group Ten Metals, a company mentioned in this article.

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