Core Viewpoint - The company has achieved significant drilling results at the Apollo system in Colombia, indicating high-grade mineralization and potential for further exploration and expansion in 2025 [1][6]. Drilling Results - Drill hole APC104-D1 intercepted 534.40 metres at 2.70 g/t gold equivalent, including 150.55 metres at 6.16 g/t gold equivalent, with the highest grade accumulation recorded at 1,440 g/t gold equivalent [2][3]. - The grade accumulation in APC104-D1 is 38% higher than the average of previous intercepts over 1,000 g/t gold equivalent [2]. Exploration Program - The company is initiating a large drilling program aimed at delineating and extending high-grade subzones at Apollo, with ongoing drilling at the Ramp Zone expected to yield results in early Q1 2025 [3][4][6]. - The 2025 drilling program will utilize up to five rigs to expand the Apollo system, which currently measures 600 metres in strike, 400 metres in width, and extends over 1,150 metres below the surface [6]. Geological Context - The Ramp Zone discovery is significant as it shares geological characteristics with nearby multi-million-ounce deposits, indicating potential for substantial mineral resources [4][6]. - The Apollo system's mineralization begins at the surface and remains open in all directions, suggesting further exploration opportunities [6]. Company Overview - Collective Mining Ltd. is focused on gold, silver, copper, and tungsten exploration in Colombia, with the Apollo system being its flagship project [15][16]. - The company has a strong management team with a history of successful mining ventures, including the sale of Continental Gold Inc. for approximately $2 billion [15].
Collective Mining Discovers High-Grade Subzones in Apollo and Drills the Best Hole Ever, Intersecting 150.55 Metres at 6.16 g/t AuEq Within 534.40 Metres at 2.70 g/t AuEq