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%
Drill Results Routine +

Stillwater Mobilizes for Largest Exploration and Resource Expansion Program to Date at Stillwater West, Montana, USA

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

By The Northwire Desk — AI Analysis Jun 15, 2026 · 07:30 PGE · 0.3 Stillwater Critical Minerals Corp.
Executive Summary
  • Stillwater Critical Minerals Corp. announced the retention of contractors and imminent mobilization of drill rigs for its largest-ever exploration and resource expansion campaign at its 100%-owned Stillwater West project in Montana.
  • The 2026 drill program targets expanding mid- to high-grade polymetallic sulphide mineralization within and adjacent to existing resources at Chrome Mountain and Iron Mountain.
  • Primary objectives include delineating higher-grade nickel-copper-PGE sulphide zones, testing new sulphide zones in the lower Stillwater Igneous Complex, and completing ground geophysical surveys to refine targets.
  • The campaign is explicitly designed to support an upcoming updated NI 43-101 Mineral Resource Estimate (MRE) expected in the near-term.
  • Strategic partner Glencore plc continues to provide strong support, aligning with U.S. critical mineral security initiatives.
  • The company highlighted its broader portfolio, including a 49% interest in Drayton-Black Lake (Ontario), Kluane (Yukon), Duke Island (Alaska), and a back-in right on Yankee-Dundee (BC).
  • Management plans to attend key industry conferences including Fastmarkets (June), Montana Mining Association (July), and the Precious Metals Summit (September).
Material Impact
  • Historical Context: The company has been systematically advancing its exploration programs. Previous releases in February, March, and May 2026 reported wide, high-grade Ni-Cu-Co-PGE-Au sulphide intercepts and confirmed rhodium/chromium mineralization, all feeding into the planned updated MRE.
  • Progression: The June 2026 mobilization is the logical next step following the successful 2025 drilling campaign and the December 2025 bought-deal financing that secured C$17 million. It confirms management's execution capability and capital deployment.
  • Impact on Stock: The news is positive but expected. It does not introduce new strategic partnerships, M&A, or breakthrough economic studies. The market has already priced in the exploration progress and the Glencore backing. The material impact is limited to maintaining investor interest and validating the near-term catalyst (updated MRE).
  • Expectations vs. Reality: Fully in line with previous guidance. No surprises in scope, funding, or strategic direction.
PGE · Price
Company Overview
  • Stillwater Critical Minerals Corp. is focused on developing a portfolio of critical mineral deposits within the Stillwater Igneous Complex in Montana, USA.
  • Flagship Project: Stillwater West, a 61 km² 100%-owned claim block.
  • Project Characteristics: Hosts thick, drill-defined Platreef-style polymetallic sulphide mineralization containing nickel, copper, cobalt, platinum group elements (PGEs), gold, and chromium.
  • Strategic Location: Situated adjacent to Sibanye-Stillwater's producing J-M Reef operations, providing access to established infrastructure, power, water, rail, and skilled labor.
  • Portfolio: Includes Drayton-Black Lake (Ontario, 49% interest), Kluane PGE-Ni-Cu-Co (Yukon), Duke Island Cu-Ni-PGE (Alaska), and Yankee-Dundee (BC).
  • Development Stage: Exploration and resource definition. No reserves or production yet.
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 10, 2026 · 10:20

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

Production / Operations May 21, 2026 · 08:00

Updated Resource Estimate Progress

Resource Estimate 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