COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the 'Company' or 'Collective') is pleased to announce the mobilization of an experienced field exploration crew from Bayside Geosciences of
The Property is located in the emerging Lithium-Cesium-Tantalum (LCT) pegmatite field east of
The Property is hosted within the
Highlights
The Property is located within 4 km of a terrane boundary between the
Compilation and interpretation of historic geological mapping, elevation models, airborne magnetic, and lake geochemistry data were used to identify multiple priority target areas for the 2023 field exploration program.
The geology of the Property is composed of granodiorites and tonalites that are part of the Bluffy
Several similar granitic intrusive bodies such as the Sharpe Lake Batholith and Root
Northwest striking structural corridors characterized by magnetic lows indicate potential LCT pegmatite traps zones. One of these structures that occurs in the northern part of the Property is a regional structure that splays off the terrane boundary between the
The field exploration program (the 'Program') is focused on prospecting, sample collection, and geological mapping of priority target areas with reported pegmatites and strong Lithium anomalies in lake geochemistry data.
About Collective Metals
The
ON BEHALF OF COLLECTIVE METALS INC.
Contact:
Tel: 604-968-4844
Email: chris@collectivemetalsinc.com
Forward Looking Information
Certain statements in this news release are forward-looking statements, including with respect to future plans, and other matters. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forwarding-looking wording such as 'may', 'expect', 'estimate', 'anticipate', 'intend', 'believe' and 'continue' or the negative thereof or similar variations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, business, economic and capital market conditions, the ability to manage operating expenses, and dependence on key personnel. Forward looking statements in this news release include, but are not limited to, statements respecting: mineralization potential of the Project based on the results of the Program; completion of the Program. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, anticipated costs, and the ability to achieve goals. Factors that could cause the actual results to differ materially from those in forward-looking statements include, the continued availability of capital and financing, litigation, failure of counterparties to perform their contractual obligations, loss of key employees and consultants, and general economic, market or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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