Tag

The Ramp Zone discovery resembles Aris Mining's Marmato Deeps deposit.

Collective Mining Ltd. has officially begun its drilling program at the San Antonio Project in Caldas, Colombia.

Expansion plans include additional drilling in the Ramp Zone and surrounding areas, with assay results expected later this year.

Collective Mining plans to launch deeper drilling upon completion of the pending assays for the remaining two holes.

The tests confirm earlier gold recovery data released in 2023 and show improvements in metal recoveries from the copper-poor mineralization.

The focus of the current drilling effort is on the southern portion of Plutus, where a copper-gold porphyry target has been identified.

In 2023, Collective Mining significantly increased its social investments, contributing over $280,000 independently and $822,944 in partnership with strategic collaborators.

Analysis shows values up to 12.02 g/t gold equivalent (11.06 g/t gold, 106 g/t silver and 0.02% copper).

Collective expects its common shares to commence trading on the NYSE American in Q3 2024.

Collective’s 2024 plan includes up to 40km of diamond drilling with 3 rigs currently operating & a 4th rig anticipated to start drilling this month.