Collective Mining Ltd. (TSXV: CNL) has received the highest-grade assay results drilled to date in the Main Breccia discovery at the Apollo target in the Guayabales project located in Caldas, Colombia
The company has received assay results from four additional holes completed at the Apollo target.
The Main Breccia discovery at Apollo is a high-grade, bulk tonnage copper-gold-silver porphyry-related breccia target with previously announced intercepts including hole APC-2, which intersected 207.15 metres @ 2.68 g/t AuEq and APC-8, which intersected 265.75 metres @ 2.44 g/t gold equivalent.
As part of its fully funded 20,000+ metre drill programme for 2022, there are currently three diamond drill rigs operating at the Apollo target.
“The Main Breccia discovery at the Apollo target continues to deliver robust results demonstrating remarkable continuity and grade over significant drilling widths,” Executive Chairman, Ari Sussman, said.
“Drill-hole APC-14 is a very important hole as it not only confirmed that the Main Breccia comes directly to surface in the southern portion of the system but also extended the size (width) of the system to the south and to the north.
“Subsequent step out drill holes either recently completed or currently underway appear to have intersected significant extensions to the size of the system in the north. Once logging has been completed and interpreted by our team, a further update will be provided in the near term on this exciting development.
Highlight hole APC-12 returned 237.70 metres @ 2.88 g/t AuEq from 191.35 metres down hole (170 metres vertical) including: 14.3 metres @ 5.58 g/t AuEq from 209.70 metres down hole; and 21.75 metres @ 8.27 g/t AuEq from 339.55 metres down hole.
Eleven diamond drill holes with accompanying assay results have now been announced at Apollo and based on results, the Main Breccia at Apollo continues to grow and now measures up to 385 metres along strike by 190 metres in width by 500 metres vertical. The target remains open in all directions and continues to develop into a significant bulk tonnage mineralised system.
For further information please visit: https://www.collectivemining.com/