Hole APC-60 cut 557.85 metres @ 2.10 g/t gold equivalent from 41.60 metres downhole demonstrating excellent continuity and strong mineralization from near surface in a portion of the system with no prior shallow drilling. The hole intersected the shallow sheeted CBM vein zone of mineralization over the initial 107.55 metres before transitioning [...]
Channel sampling of limited oxidized and weathered outcrop exposures in the northern corridor of the Plutus porphyry target have returned encouraging assay results including: 10.25 metres @ 2.81 g/t gold,13 g/t silver and 186 ppm copper 23.71 metres @ 1.22 g/t gold, 16 g/t silver and 198 ppm copper The Plutus northern corridor, which is part of the [...]
Drill hole APC-58 intersected 270 metres at 2.11 g/t gold equivalent from surface at Apollo extending the near surface mineralization to the southwest from Pad 10 in an undrilled portion of the deposit. The first-ever drill hole to test Target 1 to the southwest of the Apollo porphyry system has clipped what is interpreted to be the edge of a new [...]
Exploration fieldwork has discovered a new porphyry target located five hundred metres east of the high-grade Apollo Porphyry Deposit and referred to as the Plutus Porphyry Centre . To date, Plutus covers 1,000 metres by 720 metres in area and hosts multiple mineralization styles including porphyry veining, porphyry related breccia mineralization [...]
Step-out hole APC-55 was drilled from Pad 6 to the northeast and intercepted continuous gold-silver-copper mineralization from surface over a significant core length as follows: 792.25 metres @ 1.71 g/t gold equivalent commencing from surface including: 48.8 metres @ 3.23 g/t gold equivalent from surface in the oxide plus transition zone APC-55 [...]
Collective Mining Ltd. recently commenced exploration diamond drilling on the first of six well mineralized and outcropping targets located within a 400-metre radius of the Apollo porphyry system . Please refer to the press release dated April 18, 2023, for a description of the six newly generated targets. The Company presently has three diamond [...]
Hole APC-53 was drilled from Pad 10 with the aim of stepping out to the northeast at depth along the recently discovered high-grade Contact Zone in the Apollo system. Prior to intercepting the Contact Zone downhole, a new bulk tonnage high-grade, sheeted, precious metal vein system was discovered beginning directly from surface with results as [...]
Drill hole APC-45, which is the first hole into the Contact Zone in the southernmost part of the Apollo porphyry system from Pad 7, intersected an abundance of sheeted CBM veins overprinting earlier porphyry mineralization. Remarkably continuous high-grade gold-silver-copper was intersected over the entire core length with results as follow: 162.20 [...]
Hole APC-46 was drilled westward from Pad 6 and intersected a long and continuous interval of gold-silver-copper mineralization beginning at surface in oxide mineralization and bottoming in mineralization with results as follows: 358.0 metres @ 1.52 g/t gold equivalent from 5.75 metres downhole including: 19.25 metres @ 3.01 g/t gold equivalent in [...]
Collective Mining Ltd. will be presenting at the OTC Markets Group Inc. Battery and Precious Metals Virtual Investor Conference on Wednesday, May 3, 2023, at 10:00am ET. Using the link below, investors can register and listen to the presentation, and take part in a question and answer session at the end. The presentation is expected to last 30 [...]
Two reconnaissance holes were drilled eastwards from Pad 6 at the Apollo system to test the potential for high grade mineralization at the eastern contact zone where the inter-mineral breccia and the host porphyry vein stockwork meet. Based on prior observations, the concept to be proved was that the contact zone forms a trap for the accumulation [...]
Exploration fieldwork has identified six well mineralized and outcropping porphyry and related style targets within a 400 metre radius of the Apollo system with assay results for soil and rock samples as follows: Gold values up to 8.29 g/t ; Silver values up to 346 g/t ; and Copper Values of up to 0.14% Copper . Surface mapping at all six targets [...]