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Collective Metals Announces Mobilization of Field Exploration Crew to Whitemud Lake Lithium Project in Ear Falls, Northwestern Ontario
VANCOUVER, British Columbia, Oct. 10, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is ple
About this update from Collective Metals Inc
[{"type":"text","content":" VANCOUVER, British Columbia, Oct. 10, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is pleased to announce the mobilization of an experienced field exploration crew from Bayside Geosciences of Thunder Bay, Ontario to its Whitemud Lake Lithium property (the “Property” or “Project”). The Property is located in the emerging Lithium-Cesium-Tantalum (LCT) pegmatite field east of Ear Falls in northwestern Ontario. The Property is hosted within the LCT-prolific English River terrane, about 40 km along the regional strike from Beyond Lithium Minerals’ recent spodumene discovery north of Ear Falls. Grab samples with assay values up to 4.54% Li2O in a 3 km long prospective trend were reported (See News Release Dated September 17, 2023). Green Technology Metals’ Root Lake project, located 70 km east of the Property, hosts a JORC compliant 12.6 million tonnes of inferred resource at 1.21% Li2O and 62 ppm Ta2O51 (See News Release Dated June 07, 2023). Christopher Huggins, Chief Executive Officer of Collective, commented, “We are thrilled to mobilize such an experienced Lithium exploration crew before the end of season. The Bayside team has participated in the discovery of numerous LCT pegmatites in northwestern Ontario. This inaugural exploration program is a direct result of the hard work we have been doing at compiling and interpreting publicly available exploration data for our lithium assets in Ontario. We anticipate an effective exploration program that will hopefully lead to discovery at Whitemud Lake. This field project and its results will be used to define our exploration and discovery mission for 2024.” Highlights The Property is located within 4 km of a terrane boundary between the English River and Uchi terranes in an emerging LCT pegmatite field east of Ear Falls (Figure 1). Most LCT pegmatite deposits in Ontario are hosted in proximity to terrane boundaries between geological domains within the Superior geological province. Compilation and interpretation of historic geological mapping, elevation models, airborne magnetic, and lake geochemistry data were used to identify multiple priority target areas for the 2023 field exploration program (Figures 2 & 3). The geology of the Property is composed of granodiorites and tonalites that are part of th...