COLLECTIVE METALS INC. (CSE: COMT | OTC: CLLMF | FSE: TO1) (the “Company” or “Collective”) is pleased to announce that it has completed a comprehensive compilation and interpretation of modern and historical exploration data at its Landings Lake property (the “Property” or the “Project”) located in an emerging Lithium-Cesium-Tantalum (LCT) pegmatite field in northwestern Ontario.
The Property is hosted within the LCT-prolific English River terrane, 53 km from Beyond Lithium Minerals’ recent spodumene discovery north of Ear Falls where grab samples with assay values up to 4.54% Li2O along a 3 km long prospective trend were reported (See News Release Dated September 17, 2023). Green Technology Metals’ Root Lake project, located 70 km northeast of the Property, also hosts several LCT pegmatite deposits (See News Release Dated June 07, 2023).
- The Property is located about 16 km north of a terrane boundary between the English River and Winnipeg River (Western Wabigoon) terranes in an emerging LCT pegmatite field east of Ear Falls (Figure 1). Compilation and interpretation of historic geological mapping, airborne magnetic data, and elevation models were used to identify multiple priority target areas for the field exploration program (Figures 2 & 3).
- Muscovite granites in the Property are part of LCT-prospective peraluminous granites and granodiorites of the Wapesi Lake Batholith that intrude metasedimentary rocks of the English River Terrane. The Wapesi Lake Batholith has a reported date of 2.69 billion years, a date that coincides with a period of significant LCT pegmatite mineralization in Ontario.
- Wapesi granites intrude metasedimentary units in the northern part of the Property where elevation models and historical geological mapping by Ontario Geological Survey indicate the area is endowed with bedrock outcrops in and around topographic highs, making this part of the Property conducive for field exploration (Figure 2).
- Northeast striking structural corridors within the Wapesi Batholith in the southeastern part of the Property are characterized by magnetic lows and are interpreted as possible LCT pegmatite traps zones (Figure 3).
Christopher Huggins, Chief Executive Officer of Collective, commented, “This work is integral to the Company’s understanding of the region, and development of exploration plans to advance us towards discovery. The excellent work of our neighbours Beyond Lithium Minerals and Green Technology Metals highlight that our Lithium assets are in the right geological environment to focus our exploration efforts for a potential discovery of LCT pegmatites at the Project. We look forward to conducting preliminary field exploration programs in the near future.”