Core Insights - Collective Mining Ltd. has announced positive assay results from two diamond drill holes aimed at expanding the high-grade Ramp Zone within the Apollo system, which is part of the Guayabales Project in Caldas, Colombia [1][5][8] Company Overview - Collective Mining Ltd. is well-funded with approximately US$70.6 million in treasury as of the end of Q2 2025 and is conducting a fully funded 70,000 metre drill program for 2025 [2][3] - The company is currently operating ten drill rigs, with seven at the Guayabales Project and three at the San Antonio Project [2] Drilling Results - A total of approximately 137,000 metres of diamond drilling has been completed at the Guayabales Project, with 97,000 metres specifically at the Apollo system [3] - The two new drill holes, APC103-D6 and APC106-D2, have intersected significant gold and silver mineralization, with APC103-D6 reporting 50.50 metres at 5.66 g/t gold and 13 g/t silver, and APC106-D2 reporting 70 metres at 2.00 g/t gold and 5 g/t silver [5][9][11] - The Ramp Zone has been defined over an area measuring 275 metres of strike by 200 metres vertical and remains open in all directions, with the total vertical dimension traced from surface over 1,300 metres [5][8] Comparison with Neighboring Deposits - The Ramp Zone shares similarities with Aris Mining's Marmato Deeps deposit, located 1.75 kilometres southeast, which hosts a significant resource estimate of 3.76 million ounces of gold [8][10] - The company believes that the higher gold grades observed in the Ramp Zone compared to Marmato Deeps may be attributed to the mineralization being hosted within a breccia, which has more porosity for metal-bearing fluids [10][12] Future Plans - The current drilling program aims to extend the Ramp Zone by at least another 200 metres both vertically and laterally along strike [5][7] - The company has also acquired additional surface and mineral rights within and surrounding the Guayabales Project, which are crucial for planned infrastructure [13]
Collective Mining Announces a 200 Metre Strike Extension at the Ramp Zone with Results Including 50.50 Metres at 5.66 g/t Gold and 13 g/t Silver