Collective Mining (TSX: CNL) is reporting this morning an extension to the Ramp Zone following the receipt of assays from three drill holes conducted on site.
The Ramp Zone is part of the larger Apollo system at Collective Mining’s Guayabales project in Colombia. The system as a whole is described as a partially reduced intrusion related system that contains gold, silver, copper, and tungsten. Ramp is found at the bottom of the Apollo system, at an estimated 1,000 metres above sea level.
Highlights from the drill results include:
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- APC143-D1: 3.26 g/t gold and 4 g/t silver over 76.10 metres from a depth of 409.60 metres
- Including 8.24 g/t gold and 8 g/t silver over 23.35 metres
- APC140-D1: 1.98 g/t gold and 5 g/t silver over 47.70 metres from a depth of 527.40 metres
- Including 3.00 g/t gold and 8 g/t silver over 15.15 metres
- APC140-D2: 3.06 g/t gold and 7 g/t silver over 55.10 metres from a depth of 243.1 metres
- Including 8.44 g/t gold and 19 g/t silver over 16.40 metres
Hole APC143-D1 is said to have extended the dimensions of the ramp zone to 300 metres of strike by 270 metres of vertical extent, with the zone beginning at 1,000 metres above sea level. While hole APC140-D2 extended the zone by 50 metres locally to the northwest. Prior to these results, Ramp is said to have measured 275 metres of strike by 200 metres of vertical extent.
Assays remain pending from additional drilling conducted at ramp, including two holes that are said to have collectively had 18 instances of visible gold. Drilling is also ongoing here as well, with a third deep capacity diamond rig having completed an 850 metre long mother hole. Two additional drill rigs are expected to arrive on site in mid-Q1 2026.
Collective Mining last traded at $15.71 on the TSX.
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