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Collective Completes Phase 1 Exploration at Princeton Copper Project

Collective Metals Inc. (CSE: COMT | OTC: CLLMF | FSE: TO1) announced the successful completion of Phase 1 2024 exploration activities at the Princeton Copper Project in British Columbia, Canada.

Princeton Copper Project Phase 1 Highlights

– 658 soil samples collected over two high-priority copper targets
– Additional soil grid completed over a newly recognized geophysical anomaly
– Rock sampling and alteration mapping confirm the highly prospective nature of the project
– IP survey planned for Phase 2 work

CEO Chris Huggins commented, “With results from the 2023 soil sampling program supporting the Trojan-Condor Corridor as a high priority, drill-ready exploration target, we are excited to explore and advance two more targets. Alteration mapping and visual observations of mineralization in the field appear to support this premise. We are excited to receive and further interpret the geochemical results in preparation for Phase 2 IP surveys.”

Details of Phase 1 Work

Exploration comprised grid-based soil sampling, prospecting, and alteration mapping at the 14/15 Mile Creek Zone and the Lamont Ridge-Findlay Trend. Recce work was completed at a newly recognized geophysical target. The aim was to infill and expand upon sparse historical data outlining significant copper anomalies in highly-prospective Nicola Group rocks. Analytical results for all geochemical samples are pending, but preliminary observations are favorable.

14/15 Mile Creek Target

Historical soil sampling identified anomalous copper and pathfinder elements associated with favorable Fe-carb-silica alteration. An east-west-oriented soil grid extended coverage north past Fourteen Mile Creek, and rock samples were collected for assay.

The grid explored suspected potassic alteration zones identified through previous geophysical work, associated with copper porphyry mineralization.

Lamont Ridge-Findlay Trend

Work at the Lamont Ridge-Findlay target outlined promising base and precious metal geochemical anomalies over a 6-km-long trend. An infill/expansion grid explored elevated Cu, Au, Mo, and Ag values, all valuable porphyry copper pathfinder elements.

This grid also covered suspected potassic altered zones inferred from aerial surveys and faults that might control mineralizing fluids. Numerous rock samples with significant sulphide mineralization were located in new outcrops.

Reconnaissance Work

A reconnaissance soil grid covered a magnetic low south of the Trojan-Condor Corridor target area. Soil samples were collected from widely spaced grid stations to provide maximum coverage. Alteration mapping highlighted prospective argillic and Fe-Carb alteration with sulphide mineralization at both Lamont Ridge-Findlay Trend and 14/15 Mile Creek target.

Phase 2 work will include IP geophysical work over prospective anomalies to aid in future drill targeting.

About Collective Metals

Collective Metals Inc. is a resource exploration company specializing in precious metals exploration in North America. The company’s flagship property is the Princeton Project, located 10 km west of the Copper Mountain Mine, consisting of 29 mineral tenures totaling approximately 28,560 ha.

Other projects include the Landings Lake Lithium Project in northwestern Ontario and the Whitemud Project, covering several pegmatite outcrops.

Contact

Christopher Huggins
Chief Executive Officer
T: 604-968-4844
E: chris@collectivemetalsinc.com

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