Collective Metals Inc. announced that it has received assay results from its initial Rock Sampling Program that was completed as part of its due diligence evaluation of the Princeton Copper Project in Spring of 2023. The Program emphasized locating, examining, and, in most cases, sampling exposures, roadcuts, caved trenches or outcrops associated with previously identified copper mineral occurrences. Most of the occurrences that were examined are located adjacent to logging roads and were accessed by truck.

Several traverses were undertaken to access historic copper mineral showings at Lamont Ridge ? Wilmac and Trojan occurrences. Highlights: Three samples that were collected from outcrop samples returned copper grades that range from 0.3% to 0.5%.

The highest-grade sample was taken from the Trojan copper showing that occurs within the Trojan ? Condor Corridor; Nineteen samples collected during the 2023 program contain anomalous Copper with assay results that returned more than 100 ppm; Field observations and geochemical analysis of the 2023 results confirm presence of altered diorites that are known to host copper mineralization in the Copper Mountain Mine; The Company?s 2023 field exploration program is progressing well with results of reconnaissance soil sampling program expected in the coming weeks. Princeton Copper Project: The Company?s flagship Project is easily accessible by road and is located immediately west of Highway 3 south of Princeton, BC, in a well-established mining district with excellent infrastructure, a local workforce and support services.

The Project hosts potential for identification of one (or more) copper gold alkalic porphyry occurrences similar in age and deposit type to the Copper Mountain Mine. The Project is also approximately 10 km west of Hudbay Minerals Inc?s currently producing Copper Mountain Mine, which hosts a Proven and Probable Mineral Reserve of 702 Mt of 0.24% Copper.