CMG is a forward-thinking geological consulting firm, offering a full range of services that includes highly diversified international expertise to all aspects of the mineral exploration and geotechnical process. CMG has provided worldwide geological services to clients for over thirty years, with a team of geoscience enthusiasts led by seasoned industry professionals.
With the Company recently providing review of the Trojan-Condor target area as well as a review of exploration and deposit models pertinent to the Project, the Company believes it is now critical to partner with a strong geological consulting firm to help lead the next phases of exploration. Results of Collective’s 2023 soil sampling program, taken together with historical geochemical and geophysical results, are interpreted to support the Trojan-Condor Corridor as a high priority, drill ready exploration target.
Phase 1 of the Program will be comprised of outcrop/alteration mapping and rock/soil sampling at two priority targets: the 14/15 Mile Creek Trend and the Lamont Ridge-Goat Creek Trend. Many anomalous rock samples have been taken within these two target areas, but very little lithological/alteration mapping appears within the available dataset. Correlating known geochemical anomalies to rock type, alteration, and potential economic mineralization will help define future drill targets.
Historical and recent soil sampling has identified highly anomalous copper +/- pathfinder elements associated with Fe-carb alteration at the Fourteen and
Recent work by the Company at the Lamont Ridge-Goat Creek Trend (located in the northern claim group) outlined promising base and precious metal geochemical anomalies in both rock and soil samples. An infill and expansion grid are planned to extend these anomalies that are open in all directions. The grid will also cover suspected potassic altered zones inferred from the above-mentioned 2008 airborne survey, as well as cover a series of mapped intersecting NE/NW faults. The prospectivity of the area is further supported by a 2008 silt sample1 collected immediately upstream from the 2023 Lamont Ridge Grid that assayed 50.4 ppm Cu.
Finally, a recce soil grid is planned to cover a magnetic low target identified through 2011 geophysical work2 immediately south from the Trojan-Condor Corridor target area. A similar magnetic response underlies known mineralization within the Trojan-Condor Corridor.
Phase 2 of the Program will be comprised of IP geophysical work over the Trojan-Condor target area, as well as any anomalous zones identified through Phase 1 mapping and geochemical results.
Qualified Person
The information disclosed is not necessarily indicative of mineralization on the Project.
References
1 Saleken, L.W. 2010: Compilation Exploration Report on the
2Thibaud, C. 2012: Geophysical Report for Goldcliff
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ON BEHALF OF COLLECTIVE METALS INC.
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Forward Looking Information
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