Posted in | News | Copper

Princeton Copper Project Shows Potential for High-Grade Copper Mineralization

Collective Metals Inc. (the Company or Collective) announced the receipt of assay results stemming from its initial Rock Sampling Program (Program), which was conducted as part of the due diligence evaluation of the Princeton Copper Project (Project) in the spring of 2023.

Princeton Copper Project Shows Potential for High-Grade Copper Mineralization
Map showing the location of the Project. Image Credit: Collective Metals Inc.

The primary focus of the Program was the identification, examination, and, in most instances, sampling of exposures, roadcuts, caved trenches, or outcrops associated with previously identified copper mineral occurrences.

The majority of these occurrences were situated alongside logging roads and were accessible by truck. Furthermore, several traverses were executed to gain access to the historic copper mineral showings at Lamont Ridge–Wilmac and Trojan occurrences.

Highlights

  • Among the outcrop samples, three yielded copper grades ranging from 0.3% to 0.5%, with the highest-grade sample originating from the Trojan copper showing within the Trojan–Condor Corridor.
  • During the 2023 program, 19 samples were collected, all of which had anomalous copper levels with assay results exceeding 100 ppm.
  • Field observations and geochemical analysis of the 2023 findings substantiate the presence of altered diorites, a known host for copper mineralization at the Copper Mountain Mine.
  • The Company’s 2023 field exploration program is advancing successfully, and it anticipates receiving the results from the reconnaissance soil sampling program in the upcoming weeks.

One of the difficulties hindering evaluation of copper mineralization on the Property is the lack of bedrock outcrops. Despite this, assay results from the minimal rock outcrops that are available in the Property are comparable to head grades of copper mines in British Columbia. We are very happy with these results that provide valuable insights into the geology of the Property.

Christopher Huggins, Chief Executive Officer, Collective Metals Inc.

Princeton Copper Project

The Company’s flagship Project enjoys convenient road access and sits just west of Highway 3, south of Princeton, BC. It is located in a long-established mining district with a robust infrastructure, a readily available local workforce, and supportive services.

This Project holds promise for discovering one (or more) copper-gold alkalic porphyry occurrences of a similar age and deposit type as the Copper Mountain Mine.

Furthermore, the Project is situated approximately 10 km to the west of Hudbay Minerals Inc.’s currently operational Copper Mountain Mine, which boasts a Proven and Probable Mineral Reserve containing 702 Mt of copper at a grade of 0.24%.

Source: https://collectivemetalsinc.com

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit
Azthena logo

AZoM.com powered by Azthena AI

Your AI Assistant finding answers from trusted AZoM content

Azthena logo with the word Azthena

Your AI Powered Scientific Assistant

Hi, I'm Azthena, you can trust me to find commercial scientific answers from AZoNetwork.com.

A few things you need to know before we start. Please read and accept to continue.

  • Use of “Azthena” is subject to the terms and conditions of use as set out by OpenAI.
  • Content provided on any AZoNetwork sites are subject to the site Terms & Conditions and Privacy Policy.
  • Large Language Models can make mistakes. Consider checking important information.

Great. Ask your question.

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.