Announcement Date: 2023-05-16
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. 428.20m at 0.61g/t Au, 29g/t Ag, 0.24% Cu, 0.002% Mo from 2m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Toronto, Ontario, May 16, 2023 – Collective Mining Ltd. (TSXV: CNL, OTCQX: CNLMF) (“Collective” or the “Company”) is pleased to announce assay results from a further two drill holes completed within the Apollo porphyry system (“Apollo”) as well as visuals from a new exploratory drill hole at the Guayabales project located in Caldas, Colombia. Apollo is a highgrade, 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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