Collective Mining Applauded By Local Town For Social Outreach Efforts

The town of Marmato, Colombia last week issued a proclamation recognizing Collective Mining’s (TSXV: CNL) (OTCQX: CNLMF) social activities and efforts within the municipality. Known as “Resolution 520, 2022,” the municipality formalized its gratitude for the contributions to the development of social, economic and governance matters since the mining company’s arrival in 2020.

The township of Marmato, which is located in the Colombian department of Caldas, is one of the most historic and significant gold and silver mining regions in South America, with continuous production beginning more than 500 years ago. Collective Mining’s Guayabales project is located in Marmato, and has 10 fully permitted and operating mines located within a three kilometer radius of.

Since Collective Mining’s arrival to Marmato in 2020, the company says it has focused on aligning itself with the municipality’s development plan by cooperating with initiatives that are relevant for the community and the region, as determined by its inhabitants. These efforts have included the improvement of rural roads, providing technical proficiency to Marmato’s coffee growers, protecting local water sources, monitoring and improvement of the aqueducts in the municipality and establishing beekeeping projects.

“Collective is a company that listens to the communities and embraces the needs of our municipality. From day one, they have supported us in our development plan. We wish to highlight that the company always brings with it great respect for our communities. That is why, today, we can ratify this formal recognition proving it is possible to work hand in hand with a private company,” said Yesid Castro, Marmato’s mayor.

“Since our arrival to the region, our goal was to add value to local communities while advancing our efforts in making the next major discovery in Colombia. Since inception, our company has been committed to a “collective” approach to the development of projects, working alongside local government and communities to help develop our ESG initiatives. This recognition, coupled with our multiple geological discoveries are evidence that we are on the right track. We wish to express our gratitude to the local communities and to the mayor and his team for allowing us to bring value and work alongside the citizens of Marmato,” said Omar Ossma, Collective Mining’s President and CEO.