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Collective Metals Discusses Results of 2023 Program with respect to Trojan-Condor Corridor on Princeton Project
Highlights Rock samples from the Trojan MINFILE showing and the Eagle target ~650 m to the southeast yielded highly anomalous copper values of 518 and 5,350 ppm
About this update from Collective Metals Inc
[{"type":"text","content":" Highlights Rock samples from the Trojan MINFILE showing and the Eagle target ~650 m to the southeast yielded highly anomalous copper values of 518 and 5,350 ppm (0.53%), respectively. These results confirm previous elevated to highly anomalous copper results from float samples and, together with available geophysics, confirm the Trojan-Condor Corridor as a high-priority target. VANCOUVER, British Columbia, Oct. 24, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) discusses integrated results from its initial program completed as part of its Due Diligence evaluation of the Princeton Project (the “Property”). The field program in early June included property-wide ground-truthing of recorded mineralization and alteration with particular focus on the Trojan-Condor Corridor, a >2-km-long northeast-trending geophysical and geochemical target approximately 10 km southwest of HudBay Minerals Inc.’s currently producing Copper Mountain Mine. Previous operators have identified several occurrences of copper mineralization along the corridor, associated with small intermediate to mafic intrusions. Collective geologists located, examined, and sampled exposures associated with the Trojan showing, the host diorite intrusion, and adjacent Nicola Group volcanic rocks. In contrast to previous exploration programs, rock samples were predominantly taken from outcrop or subcrop rather than locally derived float. Christopher Huggins, Chief Executive Officer of Collective, commented, “The Trojan-Condor Corridor continues to return elevated to highly anomalous surface geochemistry and porphyry-style alteration (i.e., chlorite, epidote and sericite) spatially associated with numerous geophysical anomalies identified on the basis of different geophysical methods from two separate and distinct surveys. The Company’s work in 2023 in the Trojan-Condor Corridor has confirmed previously reported elevated to high-grade copper values, supporting the area as a high priority target.” The Company has previously filed an NI 43-101 Technical Report on the claims encompassing the Trojan-Condor Corridor (Company News Release dated June 29, 2023), commissioned a study of available geophysical data (from 2011 3D IP & 2008 Fugro airborne surveys), completed two phases of soil sampling, and received...