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Collective Metals Inc. reports exploration developments for a Canadian junior mineral explorer focused on uranium, rare earth element, copper and lithium project interests. Recent updates center on the Rocas Uranium Project in Saskatchewan’s southeast Athabasca Basin, including surface prospecting, mapping, uranium and REE assay results, geophysical target definition and diamond drilling of shallow basement-hosted targets along conductive and structural corridors.
Company news also covers work at the Princeton Copper Project in British Columbia, including soil sampling, rock sampling and evaluation of copper porphyry targets such as the Trojan-Condor Corridor, 14/15 Mile Creek Zone and Lamont Ridge-Findlay Trend. Other recurring items include project option activity, exploration contractors, laboratory analysis and board-level governance changes.
Collective Metals (OTC: CLLMF) began diamond drilling at the Rocas Uranium Project on March 16–17, 2026. The Phase I program is ~1,200–1,500 metres across 6–8 holes, expected to run about five weeks, testing shallow targets 200 metres and a 7.5 km EM corridor.Historical surface grab samples include up to 0.498 wt.% U3O8 and 9.83% TREO; one drill rig from Standard Uranium is conducting the program 75 km southwest of Key Lake.
Collective Metals (OTC: CLLMF) confirmed surface rare earth and uranium anomalism at the Rocas Project, including a grab sample up to 9.83% TREO* and uranium assays ranging 0.007%–0.409% U3O8. Sixteen outcrop/boulder samples were analyzed and an inaugural diamond drill program is scheduled for March 2026 to test a 7.5-km conductive corridor.
Work included scintillometer prospecting, a high-resolution ground gravity survey identifying gravity lows coincident with historical mineralization, and SRC laboratory assays under QA/QC protocols.
Collective Metals (OTC: CLLMF) has finalized a maiden drill Program at the Rocas Uranium Project, targeting shallow, basement-hosted uranium with ~1,200–1,500 metres across 6–8 drill holes in Q1 2026. The Program is fully funded to satisfy year-one option expenditures.
Targets are supported by 2024 gravity and historic EM data, 2025 prospecting with radioactivity up to 33,000 cps, and historical grab samples up to 0.498 wt% U3O8; assay confirmation is pending.
Collective Metals (OTC: CLLMF) reported preliminary 2025 exploration results from the Rocas uranium project, under a three-year earn-in with Standard Uranium. Field work from Sept 30–Oct 8 confirmed multiple surface radioactivity anomalies, including 73 handheld readings >300 cps and 10 readings >10,000 cps, with a peak of >33,000 cps. The 4,002-hectare project hosts >7.5 km of mapped exploration strike south of Key Lake and lies ~72 km from the Athabasca Basin margin. A 2024 high-resolution ground gravity survey highlighted targets along conductive/structural corridors. Sixteen rock samples were submitted for geochemistry and a diamond drill program is planned for 2026 to test prioritized targets.
Collective Metals Inc. (CSE: COMT | OTC: CLLMF | FSE: TO1) has successfully completed Phase 1 of its 2024 exploration program at the Princeton Copper Project in British Columbia, Canada. The program focused on two high-priority copper targets: the 14/15 Mile Creek Zone and the Lamont Ridge-Findlay Trend. Key highlights include:
- Collection of 658 soil samples over two high-priority copper targets
- Additional soil grid completed over a newly-recognized geophysical anomaly
- Rock sampling and alteration mapping confirming the project's high prospectivity
- IP survey planned for Phase 2 work
Preliminary field observations are reported as very favorable, with widespread prospective argillic/Fe-Carb alteration and sulphide mineralization noted. The company is awaiting analytical results to prepare for Phase 2 IP surveys and future drill targeting.
Collective Metals Inc. (CSE: COMT | OTC: CLLMF) has initiated a Core Relogging Program at its Princeton Copper Project in British Columbia. The program aims to review, re-log, and sample core from a 2014 drill program, focusing on alkalic Cu-Au porphyry targets. The project is located near the producing Copper Mountain Mine.
Key aspects of the program include:
- Examining core from four diamond drill holes
- Analyzing alteration patterns and fault development
- Using results to identify targets for future drilling
- Planning additional fieldwork, including Induced Polarization surveys and detailed mapping
- Potentially conducting a diamond drill program in fall 2024
The company aims to better understand the relationship between intrusions on the property and those at nearby sites, potentially indicating significant mineralization potential.
Collective Metals has engaged Coast Mountain Geological (CMG) to oversee exploration activities at its Princeton Copper Project in British Columbia. CMG, a 30-year-old consulting firm, will bring its expertise to manage geological services. The 2023 soil sampling program indicates the Trojan-Condor Corridor as a high-priority, drill-ready target. The 2024 work program includes mapping and sampling at the 14/15 Mile Creek and Lamont Ridge-Goat Creek Trends. Phase 1 will focus on correlating geochemical anomalies to rock types, while Phase 2 will involve IP geophysical work over Trojan-Condor and other mapped zones. Historical and newly collected data suggest significant mineralization potential in these areas.
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.
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