Business

Collective Mining Exploration Update: Trap Drilling Underway and Short Hole Drill Program at Apollo Delivers High-Grade Intercepts

Collective Mining Exploration Update: Trap Drilling Underway and Short Hole Drill Program at Apol...

articleCollective Mining LtdNovember 22, 20235/company/collective-mining-ltd/news/collective-mining-exploration-update-trap-drilling-underway-and-short-hole-drill-program-at-apollo-delivers-high-grade-intercepts
Collective Mining Exploration Update: Trap Drilling Underway and Short Hole Drill Program at Apollo Delivers High-Grade Intercepts

About this update from Collective Mining Ltd

[{"type":"text","content":"\n \n \n \n Collective Mining Exploration Update: Trap Drilling Underway and Short Hole Drill Program at Apollo Delivers High-Grade Intercepts\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: MIDDLE; TEXT-ALIGN: CENTER; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prngen3{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Drilling is now underway at the Guayabales Project's Trap porphyry target (\"Trap\") with the objective of following up on the 2022 discovery hole TRC-1, which intersected 102.20 metres of gold-silver-copper mineralization averaging @ 1.53 g/t gold equivalent.\n \n \n \n \n \n \n Trap is located approximately three kilometres to the northeast of the Company's flagship Apollo porphyry system (\"Apollo\") and is significantly larger than Apollo in dimensions measuring approximately 2 kilometres by 2 kilometres in area.\n \n \n \n \n \n \n The mineralization styles and geochemical signatures encountered at Trap are very similar to those observed at the Apollo system, namely porphyry vein and alteration systems being overprinted by subsequent carbonate base metal (\"CBM\") sheeted vein systems.\n \n \n \n \n \n \n High-grade assay results have been received from a short hole drill program at Apollo. The aim of the program was designed to provide important data for block modelling by infilling the shallowest portion of the dip of the system as it moves under cover, with results including:\n \n \n \n \n \n \n 130.45 metres @ 2.17 g/t gold equivalent from 119.90 metres downhole in APC-80.\n \n \n \n \n 98.75 metres @ 2.71 g/t gold equivalent from 132.35 metres downhole in APC-82.\n \n ...

More updates from Collective Mining Ltd