Collective Mining Reports Record High Grades at Apollo Drill Site, Promising Future Developments
Collective Mining Ltd., based in Toronto, has recently announced a significant milestone in its exploration efforts at the Apollo site. The latest drill results show promising high-grade mineralization, which could potentially transform the project's outlook. Drill hole APC104-D5 successfully intersected a remarkable 106.35 meters grading at 9.05 grams per ton (g/t) gold equivalent, nested within a total of 497.35 meters at 3.01 g/t gold equivalent. This discovery marks the best result obtained so far at Apollo.
The APC104-D5 drill hole was strategically designed to intercept the same high-grade sub-zone identified previously in drill hole APC104-D1 but at a deeper level. By confirming the presence of high-grade mineralization at greater depths, the company is solidifying its understanding of the geological landscape at Apollo. With an astonishing accumulation of 1,499 g/t gold equivalent on a grams x meters basis, APC104-D5 is not only the highest-grade hole to date but also reveals a significant volume of mineralization within the breccia host rock, where multiple high-grade structures converge.
The Apollo sub-zones are known for their wide-ranging mineralization, which poses numerous high-grade areas ripe for exploration. Collective Mining is now actively drilling to identify additional sub-zone targets throughout the Apollo system. Just recently, three additional holes have confirmed the existence of high-grade zones. These recent drill tests adhere to a systematic approach that focuses on orthogonal angles, allowing for a clearer understanding of the true nature of the mineralization, thereby enhancing the company’s confidence in increasing the overall grade and volume potential of the Apollo project.
In addition to the standout results from APC104-D5, the company also reported results from drill holes APC104-D3 and APC104-D4, aimed at infilling gaps within the mineral resource estimations. APC104-D3 returned an impressive 351.35 meters at a grade of 2.00 g/t gold equivalent, while APC104-D4 intersected 176.40 meters at 3.15 g/t gold equivalent. These findings not only validate the existing geological model but also serve to expand the current understanding of the project’s mineral potential to the southwest by 15 meters.
Collective Mining has robust plans for 2025, with an extensive 60,000-meter drill program already in motion. Presently, six drill rigs are active, with four of them dedicated to further exploration at Apollo, underscoring the significance of this site within the broader Guayabales Project located in Caldas, Colombia. Collective Mining aims to explore newly modeled high-grade sub-zone targets that exist within the top 1,000 vertical meters from the surface while simultaneously expanding the newly discovered high-grade Ramp Zone in both vertical and lateral dimensions.
The management at Collective Mining, led by Executive Chairman Ari Sussman, expresses excitement over the ongoing advancements at Apollo. The company has a favorable outlook on the high-grade sub-zone model and anticipates a bright future as further drilling unfolds. With results from nine additional drill holes still awaiting assays, a promising evolution lies ahead for the Apollo site. With past exploration successes and a strong commitment to elevating understanding and extraction of its precious metals, Collective Mining stands poised for significant growth.
To date, approximately 108,000 meters of diamond drilling have been executed at the Guayabales Project, with an extensive 72,500 meters focused solely on Apollo. With continued diligence in exploration and drilling, Collective Mining aims not only to realize the sub-zones' potential but also to enhance the overall grade profile of the Apollo system significantly.
The deepening exploration will also target northern extensions of the Apollo site, which could unveil further depth in the rich resource the company is developing, thus promising even greater returns on investment for stakeholders and the community engaged with the company’s vision.
In summary, the Apollo project is on track to define its status as a landmark discovery within the mining sector, with Collective Mining Ltd. at the helm, ready to expand its horizons with targeted growth strategies and committed exploration pathways.
The APC104-D5 drill hole was strategically designed to intercept the same high-grade sub-zone identified previously in drill hole APC104-D1 but at a deeper level. By confirming the presence of high-grade mineralization at greater depths, the company is solidifying its understanding of the geological landscape at Apollo. With an astonishing accumulation of 1,499 g/t gold equivalent on a grams x meters basis, APC104-D5 is not only the highest-grade hole to date but also reveals a significant volume of mineralization within the breccia host rock, where multiple high-grade structures converge.
The Apollo sub-zones are known for their wide-ranging mineralization, which poses numerous high-grade areas ripe for exploration. Collective Mining is now actively drilling to identify additional sub-zone targets throughout the Apollo system. Just recently, three additional holes have confirmed the existence of high-grade zones. These recent drill tests adhere to a systematic approach that focuses on orthogonal angles, allowing for a clearer understanding of the true nature of the mineralization, thereby enhancing the company’s confidence in increasing the overall grade and volume potential of the Apollo project.
In addition to the standout results from APC104-D5, the company also reported results from drill holes APC104-D3 and APC104-D4, aimed at infilling gaps within the mineral resource estimations. APC104-D3 returned an impressive 351.35 meters at a grade of 2.00 g/t gold equivalent, while APC104-D4 intersected 176.40 meters at 3.15 g/t gold equivalent. These findings not only validate the existing geological model but also serve to expand the current understanding of the project’s mineral potential to the southwest by 15 meters.
Collective Mining has robust plans for 2025, with an extensive 60,000-meter drill program already in motion. Presently, six drill rigs are active, with four of them dedicated to further exploration at Apollo, underscoring the significance of this site within the broader Guayabales Project located in Caldas, Colombia. Collective Mining aims to explore newly modeled high-grade sub-zone targets that exist within the top 1,000 vertical meters from the surface while simultaneously expanding the newly discovered high-grade Ramp Zone in both vertical and lateral dimensions.
The management at Collective Mining, led by Executive Chairman Ari Sussman, expresses excitement over the ongoing advancements at Apollo. The company has a favorable outlook on the high-grade sub-zone model and anticipates a bright future as further drilling unfolds. With results from nine additional drill holes still awaiting assays, a promising evolution lies ahead for the Apollo site. With past exploration successes and a strong commitment to elevating understanding and extraction of its precious metals, Collective Mining stands poised for significant growth.
To date, approximately 108,000 meters of diamond drilling have been executed at the Guayabales Project, with an extensive 72,500 meters focused solely on Apollo. With continued diligence in exploration and drilling, Collective Mining aims not only to realize the sub-zones' potential but also to enhance the overall grade profile of the Apollo system significantly.
The deepening exploration will also target northern extensions of the Apollo site, which could unveil further depth in the rich resource the company is developing, thus promising even greater returns on investment for stakeholders and the community engaged with the company’s vision.
In summary, the Apollo project is on track to define its status as a landmark discovery within the mining sector, with Collective Mining Ltd. at the helm, ready to expand its horizons with targeted growth strategies and committed exploration pathways.
Topics Energy）
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