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COLLECTIVE METALS INC - CLLMF STOCK NEWS

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Collective Metals Inc (Symbol: CLLMF) is a mineral exploration company focused on advancing its Tulameen project in British Columbia, Canada. Led by Chief Executive Officer Christopher Huggins, the company's primary goal is to develop high-grade copper and gold resources through environmentally responsible mining practices. Collective Metals aims to leverage its experienced team and strategic partnerships to unlock the full potential of its mining assets and deliver value to shareholders.

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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.

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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.

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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.

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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.

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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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Collective Metals Inc. reports positive results from the 2023 Phase II B-horizon soil-sampling program at Fourteen and Fifteen Mile targets. The findings confirm multi-element pathfinder element geochemical anomalies, porphyry-style alteration, and geophysical signatures. The Company aims to conduct IP surveys in 2024 to generate drill targets. The Princeton Project in B.C. hosts Cu-Au porphyry targets akin to the Copper Mountain Mine. The Company plans to explore secondary targets alongside the primary Trojan-Condor target area.
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Collective Metals Inc. announces results from the 2023 Phase II soil-sampling program, revealing multiple porphyry-style Cu-Mo-Au soil anomalies at Lamont Ridge in its Princeton Project. The Company identifies a trend of scattered porphyry-style alteration, geophysical signatures, and geochemistry within Nicola Group volcanics, supporting the submission of a Notice of Work application for IP surveys in 2024.
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COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) has submitted three Notices of Work to the South-Central B.C. regional office of the Ministry of Energy, Mines, and Low Carbon Innovation (EMLI), located in Kamloops. The applications are for 5-year MYABs and include up to 50 diamond drill sites over the five years, 50 line-km of IP on the north portion of the Property, and 50 line-km on the south portion of the Property. The applications include plans for a comprehensive exploration program in 2024 including up to ten (10) diamond drill sites along the Trojan-Condor corridor and 21 line-km of ground-based IP at several outboard targets to follow up on 2023 surface geochemical programs. The Company also announces that it entered into an agreement with RMK Marketing Inc. to provide marketing services for a term of 6 months, commencing January 29, 2024, for a compensation of CAD $250,000.
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Consolidated Lithium Metals Inc. (CLM) has announced positive assay results from the Vallée joint venture lithium project, showing high-grade pegmatite dykes with significant lithium grades. The program confirmed the extension of the core pegmatite across the entire width of the JV Property, with a defined strike length of 4.2 km. The company aims to expand on the lithium pegmatites discovered in previous drilling programs and test the on-strike extension of the NAL pegmatite swarm.
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Collective Metals Inc. (CSE: COMT | OTC: CLLMF | FSE: TO1) has received final assays from Phase II of its two-phase 2023 soil-sampling program. The program extended two multi-element soil geochemical anomalies along the Trojan-Condor Corridor and outlined several additional anomalies at outboard target areas. The company believes the target areas hold potential to host multiple porphyry copper ± gold mineralization and plans to pursue more advanced exploration in 2024.
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FAQ

What is the current stock price of COLLECTIVE METALS (CLLMF)?

The current stock price of COLLECTIVE METALS (CLLMF) is $0.0804 as of October 1, 2024.

What is the market cap of COLLECTIVE METALS (CLLMF)?

The market cap of COLLECTIVE METALS (CLLMF) is approximately 3.3M.

What is Collective Metals Inc focused on?

Collective Metals Inc is focused on advancing its Tulameen project in British Columbia, Canada, with a primary focus on developing high-grade copper and gold resources.

Who leads Collective Metals Inc?

Christopher Huggins serves as the Chief Executive Officer of Collective Metals Inc.

What are the strategic goals of Collective Metals Inc?

The strategic goals of Collective Metals Inc include unlocking the full potential of its mining assets, developing environmentally responsible mining practices, and delivering value to shareholders.

What type of resources is Collective Metals Inc aiming to develop?

Collective Metals Inc aims to develop high-grade copper and gold resources.

Where is the Tulameen project located?

The Tulameen project is located in British Columbia, Canada.

How does Collective Metals Inc plan to deliver value to shareholders?

Collective Metals Inc plans to deliver value to shareholders through leveraging its experienced team, strategic partnerships, and mining assets.

What is the significance of environmentally responsible mining practices for Collective Metals Inc?

Environmentally responsible mining practices are significant for Collective Metals Inc as they aim to ensure sustainable resource extraction and minimize environmental impact.

What is the primary focus of Collective Metals Inc?

The primary focus of Collective Metals Inc is on advancing its Tulameen project and developing high-grade copper and gold resources.

Who can be contacted for more information about Collective Metals Inc?

For more information about Collective Metals Inc, contact Chief Executive Officer Christopher Huggins at T: 604-968-4844 or E: chris@collectivemetalsinc.com.

What is the mission of Collective Metals Inc?

The mission of Collective Metals Inc is to utilize its experienced team, strategic partnerships, and environmentally responsible practices to unlock the full potential of its mining assets and deliver value to shareholders.

COLLECTIVE METALS INC

OTC:CLLMF

CLLMF Rankings

CLLMF Stock Data

3.30M
0.27%
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