Core Insights - The company is conducting a fully funded 60,000-metre drill program for 2025, with five drill rigs currently operational and two additional rigs contracted to start in February [1] - The Ramp Zone is a priority target in the drilling program, with plans to deploy up to three rigs simultaneously [1] Drilling and Mineralization - Gold and silver mineralization in the Ramp Zone is associated with bismuth and tellurium sulphides, along with pyrite and pyrrhotite [3] - Early assay results from the Ramp Zone show significantly higher gold grades compared to the nearby Marmato Deeps deposit, which is located 1.75 kilometers southeast [3][5] - The company has identified two primary reasons for the higher gold grades in the Ramp Zone [3] Assay Results - Drill hole APC103-D2 intersected high-grade mineralization at 1,200 metres below surface, extending the vertical dimension of the Ramp Zone by 150 metres [5] - Significant assay results include: - 51.95 metres at 8.38 g/t gold equivalent from 227.10 metres, including 18.05 metres at 16.32 g/t gold equivalent [5] - 48.30 metres at 3.00 g/t gold equivalent from 396 metres in hole APC103-D1 [5] - The mineralization is located between 1,050 metres and 1,200 metres below surface, indicating a new style of mineralized system [5] Comparison with Marmato Deeps - The Ramp Zone's mineralization is hosted within a breccia, which has more porosity for metal-bearing fluids compared to the porphyry host rock at Marmato Deeps [6] - The Marmato Deeps deposit has an NI43-101 compliant resource estimate of 3.76 million ounces of gold at 2.54 g/t in the measured plus indicated category [5] Company Overview - Collective Mining Ltd. is focused on gold, silver, copper, and tungsten exploration in Caldas, Colombia, with options to acquire 100% interests in two projects within an established mining camp [9][10] - The company is listed on the NYSE and TSX under the symbol "CNL" and on the FSE under "GG1" [11]
Collective Mining Expands the High-Grade Ramp Zone by Intersecting 51.95 Metres at 8.38 g/t AuEq Including 18.05 Metres at 16.32 g/t AuEq