#Colombia #Collective Mining #Caldas #Apollo #gold exploration

Collective Mining's Remarkable Drill Results at Apollo

Collective Mining Ltd. recently announced significant assay results from its ongoing drilling operations at the Apollo target within the Guayabales Project in Caldas, Colombia. This latest round of results underscores the high-grade gold, copper, silver, and tungsten mineralization present at the site, as the company strives to enhance its understanding and expand the mineral resource.

Strong Mineralization Found

The results from five drill holes highlight the robust mineralization that begins right from the surface. Notable highlights include:

• - APC-125: 442.35 meters at an average of 2.16 g/t gold equivalent, which includes a remarkable 68.05 meters grading 4.55 g/t gold equivalent.
• - APC-126: 325.10 meters at 2.03 g/t gold equivalent, with portions yielding higher grades, demonstrating the depth potential of the mineralization.

These findings reaffirm the presence of a mineral-rich zone that starts at the surface and extends downward, providing strong evidence of continuity and significant scope for expansion.

Extensive Drilling Program

Collective Mining is currently engaged in a massive drilling campaign, backed by a fully funded 70,000-meter program for 2025. Of this, 92,000 meters have already been drilled at Apollo alone, with a total of 131,500 meters across the Guayabales Project to date. The company operates ten drill rigs focusing on various targets, including shallow mineralization, new high-grade sub-zones, and the deep high-grade Ramp Zone.

Ari Sussman, Collective's Executive Chairman, emphasized the exceptional results from the shallow drilling, which surpass initial expectations and improve confidence in their geological model. The enhanced mineralization at depth also reflects the prospect for further discoveries as drilling continues.

Drilling Strategy and Future Prospects

The company’s strategy includes drilling to expand the known mineralized areas, with further efforts directed towards gravity targets that resemble the Apollo mineralization. The aim is to identify potential new resources and significant discoveries before the close of 2025.

By finishing the current shallow drilling program, which has expanded the mineralized area by approximately five percent, Collective Mining aims to refine its models and prepare for further exploration. The average drill spacing now aims for 35 meters from surface to a depth of 150 meters, ensuring a detailed understanding of the mineral envelop.

Notable Assay Results Summary

The spontaneous results from the latest drilling include:

• - APC-124: 99.75 meters at 2.09 g/t gold equivalent starting from 20.95 meters downhole.
• - APC-129: 95.85 meters at 2.66 g/t gold equivalent with varied high-grade intervals.
• - APC-131: 221.10 meters at 1.33 g/t gold equivalent, reflecting the continuous nature of the mineralization across different drill holes.

This thorough investigation at Apollo showcases the potential for significant resource growth at the site, as representatives from Collective Mining explain that the current geological framework offers the promise of adding high-quality mineral resources.

Conclusion

Collective Mining’s latest drilling results from Apollo not only demonstrate strong mineralization right from the surface but also bolster the company’s strategic objectives within its Guayabales Project. Moving forward, the focus on expanding mineralization depth and identifying new high-grade targets positions Collective Mining as a noteworthy player in the gold, copper, silver, and tungsten exploration sectors. With results like these, the prospect of substantial discoveries at Apollo is both promising and exciting for investors and stakeholders in the mining industry.