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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.

C. Geoffrey Hampson, executive chairman of Soma Gold's board, is acting as interim CEO.

The consolidation will be on the basis of one new post-consolidation common share for every 10 pre-consolidation common shares, per Libero.

"The move to the OTCQX Market is a crucial step in our ongoing development to foster increased confidence among current and prospective investors," said Geoff Hampson, executive chairman.

With the advance of crime groups, gold mining in Colombia will likely continue evolving into a purely criminal industry where illicit interests, environmental devastation, and inadequate government action converge.

The downward revision from 12.2 years to 11.2 years comes "as a result of an increase in annual throughput estimates to reflect nameplate capacity," per GoldMining Inc.

For its Segovia site in Colombia, CEO Neil Woodyer says the firm has an overall 2023 outlook of "a range of between $1,125 and $1,175 per ounce."

Canadian mining company Collective Mining noted the system's "impressive high-grade mineralization" and a "meaningful strike length."

Nevado del Ruiz is an explosive volcano, so a major eruption would likely be pyroclastic & violent.

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