Collective Mining Drills its Best Hole to Date at the Recently Discovered Ramp Zone by Intersecting 75.80 Metres at 8.01 g/t Gold Equivalent
- Drill hole APC105-D1 cut 75.80 metres at 8.01 g/t gold equivalent and represents the longest and best intercept on a grade accumulation basis (grams x metres) encountered to date in the new Ramp Zone discovery.
- Drill hole APC103-D3 intersected 20.30 metres @ 6.68 g/t gold equivalent before entering a post mineral dyke at an oblique angle and being terminated.
- The two holes announced in this press release have expanded the Ramp Zone discovery to the west and southwest with the Ramp Zone remaining open in all directions for further expansion.
- To date, the Company has received assay results for six holes drilled into the Ramp Zone from three drill pads. Two additional drill holes have been completed with assays pending and a further three holes are currently in progress. The Company continues to aggressively expand the Ramp Zone in all directions and has now expanded the program to include a third rig from a new pad situated on the northeastern side of Apollo.
TORONTO, March 12, 2025 /PRNewswire/ – Collective Mining Ltd. (NYSE: CNL) (TSX:CNL) (“Collective” or the “Company”) is pleased to announce assay results for two drill holes designed to expand the dimensions of the new Ramp Zone discovery (“Ramp”). Ramp is located in the deeper portion of the Apollo system (“Apollo”) which is the Company’s flagship discovery within the multi-target Guayabales Project in Caldas, Colombia. The Ramp Zone is a bonafide new discovery characterized by high-grade gold associated with minor amounts of bismuth and tellurium and shares similar characteristics with the multi-million-ounce Marmato Deeps deposit located only 1.75 kilometres to the southeast.
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