Collective Metals finds High Priority Targets at the Lamont Ridge-Findlay Target on its Princeton Property
VANCOUVER, British Columbia, Feb. 13, 2024 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is pleased to provide a review of the Lamont Ridge target area in its flagship Princeton Project (the “Project” or the “Property”), in south-central B.C. The Property hosts several alkalic Cu-Au porphyry targets associated with Triassic diorite intrusions analogous to those associated with the currently producing Copper Mountain Mine, located approximately 10 km east of the Project. While the Trojan-Condor Corridor remains the highest priority target area, results from Phase II of the Company’s two-phase soil geochemical survey (the “Program”), completed in 2023, confirmed four (4) promising prospects (see News Release dated January 8, 2024) with favourable geology, geophysical signatures, and/or historic geochemistry.
- We have demonstrated that the Princeton Property has multiple viable target areas in addition to the drill-ready Trojan-Condor Corridor.
- Lamont Ridge to Findlay Target Corridor with Aeromagnetic anomalies, propylitic and inferred potassic alteration, diorite intrusions, and 2023 soil geochemical results for copper.
- The Company notes Kodiak Copper has successfully used 3D IP to generate drill targets at their MPD Property 20 km northeast of the Property.
- Ballantyne, T., Geophysical Modelling & Interpretation of Airborne and Ground Geophysics West Princeton Project, BC on behalf of Collective Metals Inc. by in3D Geoscience Inc.