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Collective Metals has provided an exploration and deposit model review for its Princeton Project in British Columbia. The Project is characterized by alkalic porphyries, with notable exploration targets including Whipsaw Creek and Fourteen Mile Creek. The Project is compared to other significant deposits such as Copper Mountain Mine, located 10 km to the east. The Company plans induced polarization surveys in 2024.
Key findings include the prominent iron carbonate-silica alteration and high chargeability anomalies indicating potential high-grade copper mineralization. CEO Chris Huggins highlighted the project's significant discovery potential and upcoming initiatives to advance exploration.
Substantial similarities with Australian alkalic deposits are noted, reaffirming the potential of the Princeton Project to host significant copper-gold mineralization. The review underscores the importance of structural complexity and selective porphyry-style alteration in evaluating the Project's prospects.
Collective Metals Inc. provided a review of the Trojan-Condor target area on its Princeton Copper Project in B.C. The results of the 2023 soil sampling program, combined with previous geochemical and geophysical results, support the Trojan-Condor Corridor as a high priority, drill-ready exploration target. The Property hosts several alkalic Cu-Au porphyry targets associated with Triassic diorite intrusions, suggesting significant mineral potential. Additionally, the Company extended its marketing agreement with RMK Marketing Inc., increasing the advertising budget by $100,000.