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Collective Metals Files NI 43-101 Technical Report for the Princeton Project
VANCOUVER, British Columbia, June 29, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”), is pl
About this update from Collective Metals Inc
[{"type":"text","content":" VANCOUVER, British Columbia, June 29, 2023 (GLOBE NEWSWIRE) -- COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”), is pleased to announce it has filed a report titled “NI 43-101 Technical Report on Princeton Project” (the “Report”) prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects. The Report represents a concise summary of all currently available data on the Princeton Project (the “Project”), which will be used to guide the Company’s exploration and drilling programs. The Report can be found on the Company's website at collectivemetalsinc.com/princeton and on SEDAR at www.sedar.com, under the Company’s Issuer Profile. The Report offers valuable insights into the existing data from previous work to better guide future programs. Recommendations from the report include the following: Continued compilation of the data available for the Project, including, but not limited to: geology, geochemistry and geophysics, Further processing of the ground magnetic and 3D IP data to produce sub-surface 3D anomalies to assist in identifying future drill targets, Re-logging drill core archived from the 2014 drill program by the previous operator, Further mapping and sampling. Additionally, Collective Metals anticipates the completion of its previously announced extensive soil sampling program on June 30, 2023. The Company will use the results from the soil and rock sampling program to influence further exploration activities during the 2023 field season. Christopher Huggins, CEO of Collective Metals announced, “Collective continues to work and execute in an efficient manner and we believe completing this independent Report provides a strong base for the Company to build on during the upcoming months. We anticipate moving at a swift pace to implement additional work programs, which will allow us to execute on a drilling program in the near future.” Qualified Person This news release has been reviewed and approved by Rick Walker, P. Geo., who is acting as the Company’s Qualified Person for the Princeton Property project, in accordance with regulations under NI 43-101. The information disclosed is not necessarily indicative of mineralization on the Princeton Project. About Collective Metals Collective Metals Inc. (CSE: COMT | OTC: CLLMF | FSE: TO1) is a ...