Collective Mining Reports Positive New Drill Results Expanding High-Grade Gold Discovery at Apollo System
Collective Mining's Revelatory Drill Progress at Apollo System
In a significant announcement on December 3, 2025, Collective Mining Ltd. (NYSE: CNL) (TSX: CNL) disclosed notable assay results from three diamond drill holes. These were specifically designed to continue expanding the high-grade Ramp Zone within the Apollo system, a part of the Guayabales Project located in Caldas, Colombia. The Ramp Zone, which showcases reduced intrusion-related gold mineralization, has been confirmed to extend 300 meters along strike and 270 meters vertically, remaining open in all directions.
Drilling Highlights
One of the standout results was from hole APC143-D1, which marked the deepest intercept to date, revealing a remarkable 23.35 meters at 8.24 g/t gold and 8 g/t silver, encapsulated within a broader interval of 76.10 meters at 3.26 g/t gold and 4 g/t silver. This considerable mineralization extends the Ramp Zone's dimensions significantly, with the potential for expansion still evident.
The second drill hole, APC140-D2, successfully extended the Ramp Zone further, identifying 16.40 meters at 8.44 g/t gold and 19 g/t silver across a broader range of 55.10 meters at 3.06 g/t gold and 7 g/t silver. Notably, this hole locates the Ramp Zone 50 meters north-west of previous intersections, further indicating the area’s rich geological potential.
Additionally, results from two further drill holes (APC143-D2 and APC143-D3) have yet to be reported but have already shown 18 sightings of visible gold, which augurs well for the ongoing exploration efforts.
The Apollo System's Potential
Located approximately 1,000 meters above sea level, the Apollo system is characterized by its sizable, partially Reduced Intrusion Related System, imbued with gold, silver, copper, and tungsten resources. The current drilling campaign is part of a broader strategy to delineate and expand the mineral resource at Apollo, enhancing the company’s rich mining prospects.
Ari Sussman, Executive Chairman of Collective Mining, shared his enthusiasm about these new results stating, "These latest drill results continue to highlight the Ramp Zone's impressive scale and high-grade potential. With additional rigs now on site and more assays pending, we're excited to accelerate our exploration efforts and unlock further value at Apollo."
As of December 1, 2025, Collective Mining reported US$135 million in cash, ensuring they are adequately funded for an aggressive drilling program in 2026, aiming for an ambitious 100,000 meters of additional drilling.
Overall, the results from the newly announced drill sites exhibit consistent mineralization over significant widths, aligning with the company's objectives to explore for more high-grade intersections at depth and in strike. As the ramp area appears to be just the surface of a more substantial gold system, the potential for further discoveries at both the Apollo and Guayabales Project remains strong.
Conclusion
The recent announcements from Collective Mining confirm that the Ramp Zone at the Apollo system is not only sizeable but also rich in high-grade mineralization. As exploratory drilling continues, the expectation remains high for even more valuable insights and intersections that may enhance the existing findings. As they advance their exploration, investors and industry observers alike are eagerly anticipating the next updates from this promising venture.