Stillwater Critical Minerals Provides Update on Corporate, Exploration, and Development Activities

VANCOUVER, BC / ACCESS Newswire / September 15, 2025 / Stillwater Critical Minerals Corp. (TSX.V:PGE)(OTCQB:PGEZF)(FSE:J0G) (the "Company" or "Stillwater") is pleased to provide an update on its corporate, exploration and development activities with a focus on advancing its 100%-owned flagship Stillwater West Ni-PGE-Cu-Co + Au critical minerals project in the Stillwater mining district of Montana, USA.

Corporate Highlights

• Stillwater West is advancing as a significant large-scale potential source of ten minerals now listed as critical by the U.S. government.

• Closed $8.78 million in private placements on August 13, 2025, including a third investment by Glencore plc ("Glencore") at a 64% premium to the June 2024 financing.

• Glencore holds a 15% strategic equity position in Stillwater, with representation on Stillwater's board of directors and technical committee.

• Research coverage initiated by Taylor Combaluzier, P.Geo. at Red Cloud Securities Inc. in July 2025.

Exploration & Development Highlights

• The 2025 program has been strategically designed to expand wide nickel, copper, cobalt, platinum, palladium, rhodium, gold and chromium mineralization defined in the January 2023 Mineral Resource Estimate ("MRE").

• The updated MRE will build on the current resource of 3.8 Moz of Platinum Group Elements ("PGE") and Au plus 1.6 Blbs of Ni+Cu+Co¹ with a focus on mid- and high-grade mineralization in the largest undeveloped nickel-PGE deposit in an active U.S. mining district.

• Drilling commenced in July 2025 at Stillwater West with two drill rigs, one at each of the Chrome Mountain and Iron Mountain deposit areas, over seven kilometers apart.

• Drilling began with two deeper holes, one at each deposit area, to depths of approximately 708 meters and 692 meters. These holes enabled the Company's first use of downhole geophysics with the objective of improving the understanding of subsurface geology and refining future drill targeting.

• Drilling is on-going in the fifth and sixth holes.

• Over 3,100 meters have been drilled in the 2025 campaign to date, bringing the project total to more than 43,100 meters.

• Results, along with assays from 2,510 meters previously drilled at the Chrome Mountain deposit area and select historic drill holes, will support an updated MRE in H1 2026.

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