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Collective Mining Discovers New High-Grade Vein and Breccia Systems at Apollo Including 17.5 Metres at 12.79 g/t Gold and 21 g/t Silver
APC-4, which is the first hole drilled to test a grassroot generated vein target located shallower and above the Main Breccia discovery at Apollo cut a near sur
About this update from Collective Mining Ltd
[{"type":"text","content":" APC-4, which is the first hole drilled to test a grassroot generated vein target located shallower and above the Main Breccia discovery at Apollo cut a near surface zone of sheeted veins and returned: 17.5 metres @ 12.79 g/t gold and 21 g/t silver (65 metres vertical) APC-7 and predecessor scout hole OLCS-3 were drilled to test a grassroot generated breccia target located 250 metres to the north of the Main Breccia discovery at Apollo and intersected multiple zones of mineralization between 45 metres and 320 metres below surface including: 41.8 metres @ 1.07 g/t gold equivalent; and 38.4 metres @ 1.51 g/t gold equivalent Four rigs continue to actively drill at the Guayabales project with assay results anticipated in the near term for two holes as follows: APC-6 and APC-8 tested the Main Breccia discovery at Apollo with both holes intersected more than 265 metres of potentially favourable mineralization TORONTO, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Collective Mining Ltd. (TSXV: CNL) (OTCQX: CNLMF) (“Collective” or the “Company”) is pleased to announce assay results from reconnaissance holes completed designed to test new ideas at the Apollo target (“Apollo”) at the Company’s Guayabales project located in Caldas, Colombia. Targets within Apollo consists of hydrothermal breccia, porphyry and vein systems including the recently discovered copper-gold-silver Main Breccia highlighted by drill hole APC-2, which intersected 207.15 metres @ 2.68 g/t AuEq (see press release dated August 10, 2022). Apollo is one of eight porphyry-related target zones situated within a three-by-four-kilometre cluster area generated by the Company through grassroots exploration at the Guayabales project. As part of its fully funded 20,000+ metre drill program for 2022, there are currently three diamond drill rigs operating at the Apollo target with an additional rig drilling from underground at the Olympus target. “Our very first reconnaissance drill holes undertaken outside of the Main Breccia at Apollo has led to some very positive and exciting surprises which include the presence of a high grade late-stage porphyry related CBM vein zone adjacent to our exciting Main Breccia discovery. These discoveries attest to the amazing potential of the Apollo target area, which continues to expand as we step-out with drilling. Over the coming months, our drilling will...