Core Viewpoint - Collective Mining Ltd. has announced positive assay results from six diamond drill holes at the Apollo system, indicating significant gold-silver-copper-tungsten mineralization and expansion potential at the Guayabales project in Colombia [1][6][12]. Group 1: Drilling and Assay Results - The Apollo system is strongly mineralized over 1,200 vertical meters and remains open at depth, with ongoing drilling aimed at defining shallow mineralization and expanding high-grade zones [1][4]. - Recent assay results include 397.50 meters at 2.62 g/t gold equivalent from surface in hole APC-122, which bottomed in strong mineralization [6][7]. - A total of approximately 129,500 meters of diamond drilling has been completed at the Guayabales Project, with 91,000 meters specifically at Apollo [3][10]. Group 2: Future Plans and Operations - The company is operating nine drill rigs as part of a fully funded 70,000-meter drill program for 2025, with plans to mobilize additional deep capacity rigs to further explore the high-grade Ramp Zone [2][4]. - Exploratory drilling is also underway on gravity anomalies near Apollo, with the aim of discovering additional mineralization [4][12]. - The company has completed over two-thirds of its 33-hole infill drill program, with assays pending for eight holes, indicating ongoing exploration and development efforts [10][12]. Group 3: Management and Ownership - Management, insiders, and a strategic investor own 44.5% of the outstanding shares, aligning their interests with those of shareholders [13]. - The company is listed on both the NYSE and TSX under the symbol "CNL" [13].
Collective Mining Drills 397.50 Metres at 2.62 g/t Gold Equivalent Commencing from Surface at Apollo