Northwire Canada EditionMonday, October 19, 2026
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GOLD 4183.50 +0.1% SILVER 57.69 +0.7% COPPER 6.55 −0.4% OIL 97.83 −1.2% PALLADIUM 1129.50 +1.0% TRX 1.51 +0.0% VLC 0.210 +0.0% TIGR 0.620 +0.0% TUO 1.43 +0.0% SVG 0.125 +0.0% VCU 1.02 +0.0% MACK 3.10 +0.0% COSA 0.395 +0.0% WGLD 0.130 +0.0% OSM 0.025 +0.0% TOM 0.140 +0.0% ALS 56.56 +0.0% FMAN 0.305 +0.0% BRON 0.045 +0.0% GGO 1.22 +0.0% EDM 0.600 +0.0% GOLD 4183.50 +0.1% SILVER 57.69 +0.7% COPPER 6.55 −0.4% OIL 97.83 −1.2% PALLADIUM 1129.50 +1.0% TRX 1.51 +0.0% VLC 0.210 +0.0% TIGR 0.620 +0.0% TUO 1.43 +0.0% SVG 0.125 +0.0% VCU 1.02 +0.0% MACK 3.10 +0.0% COSA 0.395 +0.0% WGLD 0.130 +0.0% OSM 0.025 +0.0% TOM 0.140 +0.0% ALS 56.56 +0.0% FMAN 0.305 +0.0% BRON 0.045 +0.0% GGO 1.22 +0.0% EDM 0.600 +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 →

More from Stillwater Critical Minerals Corp.

Oct 19, 2026 · 07:00

Stillwater Critical files an NI 43-101 report confirming doubled inferred resources and a maiden indicated resource at its project.

Resource Estimate Aug 27, 2026 · 07:30

Stillwater Critical doubles its inferred base at Stillwater West, adding a maiden indicated resource of 1.2 million ounces at 1.8 g/t palladium and 0.4 g/t platinum.

Resource Estimate Jul 09, 2026 · 07:30

Stillwater Critical accelerates Montana drilling ahead of a critical first half 2026 resource update.

Resource Estimate Jun 15, 2026 · 07:30

Stillwater Critical launches its largest-ever drill campaign at the Montana flagship to expand resources, backed by Glencore.

Drill Results Jun 10, 2026 · 10:20

Stillwater Critical secures an Icelandic port option to anchor a North Atlantic critical metals corridor.

Production / Operations Mar 03, 2026 · 07:00

Stillwater West expansion drilling hits wide polymetallic zones as Glencore-backed explorer builds momentum toward 2026 resource update.

Drill Results