StockWatch
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Gold and Silver Ores
Project UpdateOct 20, 2026, 08:31 AM

Collective Mining Extends Ramp Zone 340m NW; Intersects 12.10m @ 11.33 g/t AuEq

AI Summary

Collective Mining Ltd. announced significant assay results from its Guayabales Project, extending the Ramp Zone by 340 meters to the northwest. Key intersections include 12.10 m @ 11.33 g/t AuEq and 54.00 m @ 2.84 g/t AuEq. The company also discovered new high-grade veins outside the main breccia body and observed visible gold in deeper drilling, suggesting potential for higher grades. With 13 rigs active and assays pending for numerous holes, Collective Mining is fully funded for its 2026 drilling program.

Key Highlights

  • Collective Mining intersected 12.10 m @ 11.33 g/t AuEq and 54.00 m @ 2.84 g/t AuEq along the Ramp Zone's northwest breccia margin.
  • Two holes spaced 120m apart extended the Ramp Zone 340m to the northwest.
  • New high-grade veins discovered outside the breccia body, including 1.30 m @ 74.58 g/t AuEq.
  • Visible gold logged in APC180-D4 (assays pending) supports interpretation of higher grades at depth.
  • Assays are pending for 95 holes at the Guayabales Project, with 13 rigs currently drilling.