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The Trap discovery is expected to complement the primary Apollo system 3.5km away.

"We are excited to use the results to refine planned future drilling at the Plutus target," said Ari Sussman, executive chairman.

"...and I say it once and for all, in projects of law that generate FORCED INVESTMENT in the private financial system of Colombia" - President Gustavo Petro

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

The site hosts the same mineralization styles and geology as the nearby Apollo site, and more drilling is planned for April 2024.

Gustavo Petro vs. Supreme Court, Medellín Drama in City Hall, Economy Stagnates, Panam Games Fiasco, JetSmart Is Coming

"It is a busy and exciting time for the company with five drill rigs now operating at site,” said Ari Sussman, executive chairman at Collective Mining.

The Main Breccia system is a high-grade and bulk tonnage, copper-silver-gold porphyry-related breccia

Zijin would do well to earn the hearts and minds of the locals rather than demanding that distant politicians fight its battles.

Collective Mining management and insiders will also be participating by up to 15% in the offering.