Collective Mining Discovers High-Grade Gold in Ramp Zone
Collective Mining Ltd. announced significant high-grade gold discoveries in maiden drill holes targeting the western side of the Ramp Zone within the Apollo breccia body at its Guayabales project. Key intercepts include 5.30 meters at 37.04 g/t gold and 28 g/t silver, demonstrating the presence of high-grade mineralization at depths exceeding 1,100 meters. The company has only tested 385 meters of the projected 1,500-meter circumference of the breccia body and plans aggressive drilling with seven rigs in 2026 to explore the entire circumference. Additionally, drilling in the shallower portion of the Apollo system yielded broad zones of mineralization, further enhancing the project's potential. The company is well-funded with US$129.6 million in cash for its 2026 drilling program.
Key Highlights
- Discovered high-grade gold in maiden drill holes on the western side of the Ramp Zone at depth.
- Intercepted 23.15 meters @ 4.61 g/t gold and 11 g/t silver from 1,163 meters below surface (APC140-D5).
- Intercepted 5.30 meters @ 37.04 g/t gold and 28 g/t silver from 1,090 meters below surface (APC140-D6).
- Intercepted 8.60 meters @ 6.51 g/t gold and 13 g/t silver from 1,316 meters below surface (APC140-D7).
- Only 385 meters of the projected 1,500-meter circumference of the Apollo Breccia body has been drill tested for Ramp Zone style mineralization.
- Company plans to test the entire 1,500-meter circumference with seven dedicated drill rigs in 2026.
- Intersected broad zones of mineralized breccia in shallower Apollo, including 232.70 meters @ 1.80 g/t AuEq (APC151-D1).
- Collective Mining holds US$129.6 million in cash, fully funding its planned 2026 program of up to 100,000 meters of drilling.