Core Insights - The company is advancing its drilling program with five rigs currently operational as part of a fully funded 60,000-metre drill program for 2025, with two additional rigs contracted for late January and February [1][2] - A new high-grade gold-rich vein system has been discovered, indicating significant mineralization potential in the Trap area, particularly in the TMZ and Blackjack zones [2][6] - The 2025 drilling program will focus on expanding the mineralization to the northwest, where recent data suggests a possible porphyry feeder source [7][10] Trap Target - The Trap Main Zone (TMZ) shows continuity of mineralization over 700 metres of strike length, with significant assay results including 40.50 metres at 4.01 g/t AuEq and 41.10 metres at 2.13 g/t AuEq [7][8] - The Blackjack Zone has also yielded promising results, with drill hole TRC-28D intersecting 21.35 metres at 1.14 g/t AuEq and 11.55 metres at 3.89 g/t AuEq [7][8] New High-Grade Gold Vein System Discovery - A discreet high-grade gold vein system has been discovered with at least 400 metres of strike length potential, featuring assay results such as 1.30 metres at 49.30 g/t gold and 2.80 metres at 234.15 g/t gold [10][11] - Additional fieldwork is planned for Q1 2025 to further explore this new discovery [10] Plutus Target - The final reconnaissance drill holes at the Plutus target have confirmed porphyry-style mineralization, with results indicating potential for further mineralization at depth [14] - Assay results from the Plutus program include 39.70 metres at 0.31 g/t AuEq and 74.55 metres at 0.60 g/t AuEq [14][13] Company Overview - Collective Mining Ltd. is focused on gold, silver, copper, and tungsten exploration, with projects located in established mining camps in Colombia [15][16] - The company aims to expand its flagship project, Guayabales, and explore newly generated targets including the Tower and X zones [16]
Collective Mining Drills 40.5 Metres at 4.01 g/t Gold Equivalent and Discovers a High-Grade Vein System with Intercepts Including 0.8 Metres at 816 g/t Gold at Trap