Collective Mining Unveils Promising High-Grade Ramp Zone Discovery in Colombia

Collective Mining Ltd. has made significant strides in their exploration efforts within the Ramp Zone of the Apollo system, located in Caldas, Colombia. The recent drill hole, designated APC103-D2, has achieved an impressive 51.95 meters grading 8.38 grams per tonne (g/t) of gold equivalent, including an outstanding intercept of 18.05 meters at 16.32 g/t. This marks a remarkable achievement as it represents the deepest hole ever drilled at the Apollo system, reaching approximately 1,200 meters beneath the surface.

The latest results demonstrate a 150-meter vertical extension of the Ramp Zone, emphasizing the vast potential of this newly discovered high-grade gold area. With similar characteristics to Aris Mining's Marmato Deeps gold deposit, located just 1.75 kilometers to the southeast, the Ramp Zone could hold great promise for significant mineral resources.

The exploration is ongoing, with multiple rigs actively drilling to further probe the Ramp Zone, which remains open for expansion in all directions. Collective Mining's Executive Chairman, Ari Sussman, expressed optimism about the findings, stating, "We have potentially only drilled the tip of a new high-grade gold system at the deepest drilled depths of the Apollo system."

Drilling Progress

Drill hole APC103-D2 was drilled south-west from a previously established hole, confirming high-grade mineralization with substantial gold content. Detailed assays revealed that the drill intersected the Ramp Zone at unmatched depths within the Apollo system, showcasing the potential for an expansive mineralized system. Notably, another drill hole, APC103-D1, yielded continuous mineralization with assays revealing 48.30 meters at 3.0 g/t gold equivalent.

With five drill rigs currently operational as part of a comprehensive 60,000-meter drill program for 2025, the Ramp Zone is a top priority for the company. The miners aim to drill three rigs simultaneously in this zone to expedite exploration processes. Moreover, drilling operations are set to expand with two additional rigs being contracted to commence work in February.

Geological Significance

The geochemical characteristics of the Ramp Zone imply a detailed relationship with mineralization observed at the Marmato Deeps deposit. The Ramp Zone exhibits signs of reduced fluids, which are believed to deposit higher-grade gold due to a more porous host rock compared to the Marmato Deeps. With key differences already noted in early assay results, the Ramp Zone is presenting significantly higher grades, a trend that the company finds promising for further exploration.

The mineralization observed in the Ramp Zone is primarily associated with bismuth and tellurium sulphides, found within vein structures, which parallel the geological features of the Marmato Deeps. As of now, the Ramp Zone spans depths between 1,050 to 1,200 meters below surface, clearly indicating the beginning of an alternative style of mineralized system.

Future Outlook

Given the high-grade potential of the Ramp Zone, Collective Mining is poised for a transformative year ahead, contingent on the success of ongoing drilling initiatives. With substantial resource estimates from nearby deposits bolstering confidence, the company is optimistic that their efforts will lead not only to expanding existing discoveries but potentially identifying a major gold resource at significant depths in Colombia.

For further updates, stakeholders can follow the company's progress through their social media platforms and official website. Collective Mining continues to convey their commitment to shareholder engagement as they explore the untapped potential of the Ramp Zone.