Core Insights - The company is currently operating nine drill rigs as part of a fully funded 70,000-metre drill program for 2025, with seven rigs at the Guayabales Project and two at the San Antonio Project [1][2] - The drilling program aims to expand the high-grade Ramp Zone and test new targets, with significant results already reported from recent drilling activities [4][13] Drilling Program Details - Approximately 123,000 metres of diamond drilling has been completed at the Guayabales Project, including 85,000 metres specifically at the Apollo system [2] - The company plans to mobilize two additional deep capacity rigs to the Guayabales Project to further explore the high-grade Ramp Zone [1][4] Mineralization Findings - Continuous high-grade tungsten has been found alongside copper, gold, and silver mineralization at the Apollo system, which is expected to enhance the project's economic viability [3][12] - Recent drilling results have shown significant intersections of high-grade mineralization, including: - 91.00 metres at 3.04 g/t AuEq from 56.15 metres down hole [7] - 124.00 metres at 3.03 g/t AuEq from surface [12] - The shallow drilling program at Apollo is over 50% complete, with results indicating high-grade gold, tungsten, copper, and silver mineralization [7][9] Future Plans and Objectives - The company aims to improve the overall grade of the Apollo system by systematically testing newly modeled high-grade sub-zones and expanding the Ramp Zone [6][13] - New grassroots targets, including the Knife and X, are set to be drilled soon, alongside ongoing work at the San Antonio project [4][13] Company Background - 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 [11][14] - The company was founded by a team that previously developed and sold Continental Gold Inc. for approximately $2 billion [11]
Collective Mining Expands the Outcropping Portion of Apollo by Drilling High-Grade Tungsten, Copper, Gold and Silver Including 124 Metres at 3.03 g/t AuEq (0.66% WO3Eq) from Surface