| Announcement Date: | 2023-04-11 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Collective Mining Ltd. |
| Project name: | Guayabales |
| Location: | Colombia |
| Commodities: | Gold,Silver,Copper,Molybdenum |
| Highlight: | Drilling results incl. 271.30m at 2.37g/t Au, 23g/t Ag, 0.42% Cu, 0.002% Mofrom surface |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Toronto, Ontario, April 11, 2023 – Collective Mining Ltd. (TSXV: CNL, OTCQX: CNLMF) (“Collective” or the “Company”) is pleased to announce assay results from an additional two drill holes completed from Pad 7. Drilling at Apollo in 2023 has been focused on discovering and defining shallow, high-grade mineralization below surface outcrops. With additional financing in place, the Company has expanded the aim of the program to include long step out holes. The Apollo porphyry deposit is a high-grade, bulk tonnage copper-silver-gold system, which owes its excellent metal endowment to an older copper-silver and gold porphyry system being overprinted by younger precious metal rich, carbonate base metal vein systems (intermediate sulphidation porphyry veins) within a magmatic, hydrothermal inter-mineral breccia body currently measuring 395 metres x 385 metres x 915 metres and open for expansion. |
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