Collective Metals Inc. (CSE: COMT) has announced the submission of Notices of Work for a robust 2024 exploration program on the Princeton Project.
Princeton Project Exploration Plans
Collective Metals aims to propel its Princeton Project forward with a 5-year Multi-Year Area-Based permit, setting the stage for diamond drilling of up to 50 sites. The initial phase showcases plans for 10 drill sites, targeting copper and gold porphyry deposits along the 3.3 km Trojan-Condor corridor.
Year 1 Drilling and Induced Polarization Surveys
The company has disclosed its strategy to test multiple areas utilizing ground-based induced polarization surveys, combined with up to ten diamond drill sites. These efforts will follow up on the successful 2023 surface geochemical programs and capitalize on previous data to refine drill targets.
Ground-Based IP Surveys
The exploration team will also focus on north and south Property areas, aiming to conduct 100 line-km of induced polarization surveys over five years, investigating several targets including the Fourteen Mile and Lamont Ridge regions.
Collective’s aggressive exploration model correlates with the Copper Mountain Mine deposits, as geophysical and geochemical targets are pursued along the Trojan-Condor corridor.
Marketing initiatives see the company partnering with RMK Marketing Inc. to spearhead a strategic online campaign designed to boost market footprint, involving no equity but an agreement worth CAD $250,000.
Rick Walker, P. Geo., has reviewed and approved the release as the Qualified Person in accordance with NI 43-101.
About Collective Metals Inc.
As a resource exploration frontrunner, Collective Metals specializes in precious metals, with the Princeton Project as its flagship endeavor. The strategic location near Copper Mountain Mine and excellent road accessibility make the Princeton Project a key focus.
The Landings Lake Lithium and Whitemud Projects supplement Collective’s portfolio, marking their presence in the Lithium sector, intensifying their exploration converge within North America.
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