Project UpdateNov 3, 2026, 08:12 AM
Collective Mining Drills 154.30m @ 12.66 g/t AuEq at Apollo
AI Summary
Collective Mining Ltd. announced significant drill results from its Apollo deposit, including the broadest high-grade intercept to date at the Ramp Zone (154.30 m @ 12.66 g/t AuEq). The hole, APC174-D4, extended the high-grade envelope and ended in mineralization outside the current Mineral Resource. Construction of an underground exploration adit is set to begin this month, designed to intersect the Ramp Zone at depth. Assays are pending for other holes showing visible gold and scheelite.
Key Highlights
- APC174-D4 intersected 154.30 m @ 12.66 g/t AuEq, including 30.45 m @ 39.01 g/t AuEq.
- The hole bottomed in mineralization (12.20 m @ 0.75 g/t AuEq) outside the Mineral Resource.
- Drilling results returned grades locally over 75% higher than estimated Mineral Resource grades.
- Construction of a 3 km underground exploration adit is expected to commence this month.
- The adit is designed to intersect the Ramp Zone at approximately 700 masl.
- Assays are pending for drill holes with visible gold and scheelite mineralization.
Price Impact
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