Project UpdateNov 10, 2026, 07:16 AM
Collective Mining Expands Ramp Zone Vertically and Horizontally
AI Summary
Collective Mining Ltd. announced assay results from four drill holes targeting the Ramp Zone of the Apollo deposit, significantly expanding its known vertical extent and intersecting high-grade mineralization outside the current Mineral Resource boundaries. The deepest hole, APC171-D3, extended mineralization to approximately 370 meters below the Mineral Resource, more than doubling its vertical extent. Construction of a new exploration adit is set to begin this month, designed to intersect the Ramp Zone in a high-grade area. The company also reported strong results from step-out holes in previously untested areas.
Key Highlights
- APC171-D3 intersected 21.40 m at 11.06 g/t AuEq (10.78 g/t Au, 15 g/t Ag) from 1,274 m, extending Ramp Zone mineralization vertically.
- APC171-D3 also intersected 79.80 m at 2.02 g/t Au from 1,727 m, extending Ramp Zone to approx. 370 m below Mineral Resource.
- APC164-D5 intersected 13.75 m at 11.68 g/t AuEq (11.25 g/t Au, 22 g/t Ag) from 1,248 m, outside Mineral Resource boundaries.
- APC164-D6 intersected 20.90 m at 3.41 g/t AuEq (3.39 g/t Au, 1 g/t Ag) from 1,491 m, extending mineralization northwest.
- APC172-D1 intersected 26.75 m at 3.42 g/t Au from 1,504 m, extending mineralization north.
- Construction of a 3 km underground exploration adit is expected to commence this month.
- The Ramp Zone mineralization has now been intersected over approximately 720 vertical meters.
Price Impact
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