Collective Mining Achieves Record Drill Intersection in Colombia's Ramp Zone Discovery

Exciting Developments at Collective Mining

Collective Mining Ltd. (NYSE CNL) has achieved a remarkable milestone in its exploration efforts, announcing an impressive drill intersection at the newly discovered Ramp Zone located within the Apollo system in Colombia. On March 12, 2025, the company reported that drill hole APC105-D1 cut through 75.80 meters at 8.01 g/t gold equivalent, marking it as the longest and most substantial intercept encountered in the area to date.

Significance of the Findings

This impressive drill result not only underscores the promising potential of the Ramp Zone but also enhances the overall prospects of the company’s Guayabales Project. The findings suggest a concentration of high-grade gold, showcasing qualities similar to the nearby multi-million-ounce Marmato Deeps deposit located just 1.75 kilometers away. The high-grade mineralization observed in drill hole APC105-D1 included substantial intervals of 21.00 meters at 24.16 g/t gold equivalent, indicating robust gold accumulation.

Moreover, the drill hole APC103-D3 also revealed interesting results with 20.30 meters returning 6.68 g/t gold equivalent. Although this hole hit a post-mineral dyke, the results contribute valuable data to the expanding Ramp Zone area, confirming that the region remains open for further exploration.

Aggressive Expansion Plans

In light of these significant developments, Collective Mining is currently in an aggressive expansion phase of its drilling program. The company operates a fully funded 60,000-meter drill initiative in 2025. This program includes six drill rigs, with four stationed at the Apollo site, testing various high-grade sub-zone targets aimed at optimizing the grade profile and expanding both the strike and vertical dimensions of the Ramp Zone.

The company's executive chairman, Ari Sussman, emphasized the positive prospects the new discoveries signal. A working hypothesis has been developed to explain the formation of the Ramp's mineralization, indicating the potential for a vastly larger area of ore-rich deposits beyond the original breccia body of Apollo. Accurate modeling has indicated that the Ramp Zone may extend laterally as well as vertically.

Mapping Future Exploration

Collective Mining has successfully utilized a 3D model to define the characteristics and extent of the Ramp Zone. Initial assessments reveal that the Ramp's mineralization, associated with common elements such as Au, Ag, Bi, and Te, could result from younger porphyry host rocks intruding older ultramafic country rocks. Given this geological structure, the Ramp Zone is believed to possibly extend over a broader area than originally anticipated.

As of now, the company has so far received assay results from six holes drilled from three different pads and continues to plan for aggressive step-out drilling. Currently, two additional holes have been completed with assay results pending, while three more holes are still ongoing.

In summary, with the achievement of record drill results and expansive drilling plans, Collective Mining is well on its way to significant exploration milestones in Colombia. The results bolster not only the company’s prospects but also underscore the rich potential within the Guayabales Project, making it a noteworthy development in the mining sector.

This milestone further cements Collective Mining's reputation as a forward-thinking exploration company focused on unlocking value through strategic drilling and resource identification in a rapidly evolving mining landscape.