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Collective Mining Expands the Main Breccia Discovery at Apollo and Drills 265.75 Metres at 2.44 g/t Gold Equivalent
APC-8 intersected a broad, high-grade zone of breccia mineralization with multiple, overprinting carbonate base metal veins and returned: 265.75 metres @ 2.44 g
About this update from Collective Mining Ltd
[{"type":"text","content":" APC-8 intersected a broad, high-grade zone of breccia mineralization with multiple, overprinting carbonate base metal veins and returned: 265.75 metres @ 2.44 g/t gold equivalent (157 metres vertical). APC-6 also intersected the main breccia zone with some interfingering, mineralized rock flour breccia towards the northern end of the hole resulting in a broad interval as follows: 326.05 metres @ 1.07 g/t gold equivalent (295 metres vertical). As a result of the new drill holes reported today, the maximum dimensions of the Main Breccia have increased to 350 metres along strike by 100 metres across by 500 metres depth (prior dimensions were 300m x 100m x 400m) and remains open in all directions. Drill holes APC-12, APC-13 and APC-14 are now complete at Apollo with the following visual observations from logging: APC-12 and APC-14 intercepted the Main Breccia zone with both holes cutting more than 230 metres of potentially favourable mineralization; APC-13 unfortunately failed before reaching the Main Breccia zone but cut a narrow zone of sheeted veins at a shallow elevation. TORONTO, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Collective Mining Ltd. (TSXV: CNL) (OTCQX: CNLMF) (“Collective” or the “Company”) is pleased to announce assay results from two additional holes completed at the Apollo target (“Apollo”) within the Company’s Guayabales project located in Caldas, Colombia. Apollo is a newly discovered high-grade copper-gold-silver porphyry-related breccia with previously announced intercepts including the discovery hole APC-2, which intersected 207.15 metres @ 2.68 g/t AuEq and APC-3, which intersected 180.60 metres @ 2.43 g/t AuEq. (See press releases dated August 10th and 29th respectively). 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. “Apollo continues to deliver continuous, broad, and consistent zones of well mineralized breccia with overall grades being enhanced by the overprinting, high-grade carbonate base metal veins. Importantly, this remarkable copper-silver-gold discovery continues to grow materially in tonnage as we continue with aggressive step-out drilling in multiple directions. We will remain aggressive for the balance of 2022 and look forward to ...