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Collective Metals Announces Initiation of its 2023 Work Program

The start of the Princeton Project’s 2023 Work Program has been announced by Collective Metals Inc. The Project, a copper-gold project comprising 70,570 acres west of Princeton, British Columbia, is situated in southeast British Columbia.

Collective Metals Announces Initiation of its 2023 Work Program

Image Credit: Chaoyang Xiong/Shutterstock.com

The Copper Mountain Mine, which has a Proven and Probable Mineral Reserve of 702 Mt of 0.24% Copper, is located about 10 km west of the project and is now in production. The project has the potential to identify one (or more) copper-gold alkalic porphyry occurrences that are similar to the Copper Mountain Mine in terms of age and deposit type.

Taking advantage of the full exploration season is a high priority for the Collective team. Field work conducted early in the year will guide further exploration and target generation later this year—including more in-depth work such as LIDAR, airborne and magnetic studies. As we prepare for our drilling program, it is extremely important we leverage as much data as possible to identify and validate targets through multiple data points.

Christopher Huggins, Chief Executive Officer, Collective Metals Inc.

The following, among others, are the initial work program’s main goals:

  • Analyze and sample the diorite intrusives found on the land and consider any suggested links with the Tulameen Mafic-Ultramafic Complex or the Copper Mountain Suite (related to the Copper Mountain Mine).
  • Analyze the iron carbonate-silica alteration that has been discovered as alteration near diorite intrusions in the upper Fourteen Mile Creek drainage. More altered exposures for mapping and sampling have surfaced as a result of recent work on the network of logging roads.
  • Geological mapping and sampling in the vicinity of the significant, high-intensity magnetic anomaly’s western and southern regions, including but not limited to the Copper Creek region. The southern edge of a magnetic anomaly is a seldom studied yet extremely promising region.
  • The initial drill core from the 2015 drill core in the Trojan-Condor Corridor is being reviewed and relogged.

Later this month, field staff will mobilize to the project to start mapping and further sampling high-priority target areas designated by the previous operator. The project is situated in a well-established mining region with a strong infrastructure, a local workforce, and support services, just west of Highway 3, and is easily reachable by road.

British Columbia is renowned for having low-risk areas and strong standards for environmental protection and community involvement.

Source: https://collectivemetalsinc.com/

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