공시 • May 08
Collective Mining Ltd Discovers High-Grade Gold In Maiden Holes Targeting The Western Side Of Ramp Zone At Depth
Collective Mining Ltd. announced assay results for twelve diamond drill holes at the Guayabales project. Three exploratory drill holes, covering approximately 70 meters of lateral extent by 205 vertical meters of volume, have returned multiple high-grade gold intercepts on the previously untested western margin of the Ramp Zone within the Apollo breccia body: 23.15 meters @ 4.61 g/t gold and 11 g/t silver from 1,163 meters below surface (APC140-D5); 5.30 meters @ 37.04 g/t gold and 28 g/t silver from 1,090 meters below surface (APC140-D6); 8.60 meters @ 6.51 g/t gold and 13 g/t silver from 1,316 meters below surface (APC140-D7). To date, only 385 meters of the projected 1,500-meter circumference of the cone shaped, Apollo Breccia body has been drill tested for Ramp Zone style mineralization. In 2026, the Company intends to broadly test the 1,500-meter circumference of the breccia body in its entirety with seven drill rigs dedicated exclusively to this task. Four drill holes targeting various undrilled segments of the shallower portion of the Apollo breccia body, intersected broad zones of mineralized breccia, including: 232.70 meters @ 1.80 g/t AuEq from 423 meters below surface including 45.00 meters @ 3.50 g/t AuEq and 32.80 meters @ 3.57 g/t AuEq (APC151-D1); 160.15 meters @ 2.03 g/t AuEq from 467 meters below surface including 21.10 meters @ 4.62 g/t AuEq and 24.80 meters @ 4.42 g/t AuEq (APC151-D2). Three directional diamond holes tested the Ramp Zone on the previously undrilled, western margin of the Apollo breccia body while the remaining nine holes tested various gaps in the Company's internal block model within the top 1,100 meters of the Apollo system. Ramp is located at the base of the Apollo system starting at approximately 1,100 meters below surface and is ideally positioned at the same elevation where an envisioned underground adit would access the mineralization in a potential future mining operation. Apollo is a large, partially reduced intrusion related system enriched in gold, silver, copper and tungsten. Drilling to date at Apollo has outlined continuous mineralization from surface to, as of today, more than 1,450 vertical meters. Holes APC140-D5, APC140-D6 and APC140-D7 were drilled as exploratory, wedge directional holes from mother hole APC-140D (Pad 29) and were angled in southwesterly directions to test the western margin of the Apollo breccia body for Ramp Zone style mineralization. All three drill holes intersected high-grade Ramp Zone style mineralization characterized by albite, muscovite and sericite alteration, and gold associated with anomalous bismuth and tellurium values. The holes covered approximately 70 meters of lateral extent along the western margin of the Apollo breccia body by 205 meters vertical (up to 1,300 meters below surface) with mineralization remaining open in all directions. Assay results for APC140-D5, APC140-D6 and APC140-D7 are as follows: 23.15 meters @ 4.61 g/t gold and 11 g/t silver from 396.15 meters (beginning at 1,163 meters below surface) (APC140-D5); 5.30 meters @ 37.04 g/t gold and 28 g/t silver from 384.00 meters (beginning at 1,090 meters below surface) (APC140-D6); 8.60 meters @ 6.51 g/t gold and 13 g/t silver from 586.55 meters (beginning at 1,316 meters below surface) (APC140-D7). When combined with previously reported drilling along the southeast margin of the cone-shaped breccia body, only 385 meters of the projected 1,500-meter circumference of the Apollo breccia body at depth has been drill tested to date for Ramp Zone style mineralization. In 2026, the Company intends to broadly test the 1,500-meter circumference of the breccia body in its entirety with seven drill rigs dedicated exclusively to this task. In the shallower portion of holes APC140-D6 and APC140-D7, at elevations ranging between 1,050 - 1,100 MASL, continuous zones of low-grade Ramp Zone style mineralization (minor gold, bismuth and tellurium) were intersected along the northwestern flank of the breccia body, with results as follows: 26.90 meters @ 1.23 g/t gold and 12 g/t silver from 139.00 meters (beginning at 927 meters below surface) (APC140-D5); 12.05 meters @ 1.16 g/t gold and 5 g/t silver from 183.85 meters (beginning at 966 meters below surface) (APC140-D7). The first hole designated to test the northern flank of the breccia body at deeper elevations for Ramp Zone style mineralization is now underway. One additional deep-capacity diamond rig is now drilling to test the northern margin of the breccia body for Ramp Zone style mineralization, with a seventh rig anticipated to arrive on site prior to the end of May. In total, the Company expects to have 14 diamond drill rigs operating before the end of Second Quarter, 2026. To date, Collective has completed 177,000 meters of diamond drilling across the Guayabales and San Antonio projects, including 115,000 meters at the flagship Apollo system. With USD 129.6 million in cash (as of December 31, 2025), the Company is fully funded for its planned 2026 program, which envisions up to 100,000 meters of drilling. The Ramp Zone is classified as a reduced intrusion-related gold system with similarities, in terms of mineralogy, to the nearby Marmato Deeps deposit, owned by Aris Mining. Located just 1.75 kilometers apart, both the Ramp and Marmato Deep systems commence at approximately the same elevation and host very similar gold-and-silver-bearing sulphide assemblages. At Ramp Zone, mineralization occurs with pyrite and pyrrhotite, accompanied by minor bismuth, tellurium, and locally arsenopyrite bearing sulphides, hosted in veinlet stockworks, cracks and miarolitic cavities of the breccia body. Alteration is dominated by muscovite, albite, and sericite. A key distinguishing feature of Ramp Zone style mineralization is the significantly higher gold grades reported compared with those previously announced at Marmato Deeps. The Company attributes this superior grade profile primarily to the host rock: mineralization at the Ramp Zone is emplaced within a porous crackle breccia matrix, which provides greater permeability for metal-bearing fluids compared to the porphyry host rock at Marmato Deeps.