Northwire Canada EditionFriday, July 10, 2026
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TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Resource Estimate Routine +

Stillwater Reports Rhodium Results and Highlights Defined Chromium at Stillwater West, Montana, USA

Updated Resource Estimate Progress

By The Northwire Desk — AI Analysis May 21, 2026 · 08:00 PGE · 0.3 Stillwater Critical Minerals Corp.
Executive Summary
  • Stillwater Critical Minerals reported rhodium (Rh) assay results from its 2025 resource expansion drill campaign at the Stillwater West project in Montana.
  • The company defined a significant chromium resource of 2.3 billion pounds (Blbs) contained chromium at the 100%-owned Stillwater West project.
  • Rhodium drilling intercepts confirmed widespread mineralization, with holes CM2025-01 and IM2025-01 showing grades up to 0.167 g/t Rh over 1.22m.
  • Results will be incorporated into an updated NI 43-101 Mineral Resource Estimate (MRE) targeted for release in the first half of 2026.
  • The five-year average and current spot price for rhodium is approximately US$10,000/oz, highlighting the economic potential of the defined mineralization.
Material Impact
  • The news confirms progress toward the updated MRE announced in October 2025, which was scheduled for H1 2026.
  • Defining a specific chromium resource of 2.3 Blbs adds material value to the project's critical mineral portfolio beyond nickel and PGEs.
  • Rhodium is ranked as a priority critical mineral by the U.S. government for potential GDP disruption, enhancing the strategic profile of the asset.
  • However, this news is part of an ongoing drill campaign leading to a known milestone (the H1 2026 MRE), making it largely expected rather than a surprise discovery.
  • The stock price has declined significantly from January highs ($0.62) to current levels ($0.30), suggesting the market may have already priced in exploration progress or is awaiting the final resource estimate.
PGE · Price
Company Overview
  • Flagship Project: Stillwater West located in the Stillwater Igneous Complex, Montana, USA.
  • Asset Type: 100%-owned claim block containing five deposit areas with thick, drill-defined Platreef-style mineralization.
  • Mineralization: Polymetallic sulphide mineralization including Nickel-Copper-Cobalt-PGE-Gold-Chromium-Rhodium.
  • Status: Exploration and Development phase; currently advancing toward an updated resource estimate.
  • Strategic Location: Proximity to Sibanye-Stillwater’s producing J-M Reef mine provides district expertise and infrastructure potential.
Read the original news release →

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SEDAR Interim Financial Statements

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