Apollo System Drill Holes To Cover Various Gaps

TORONTO – Collective Mining Ltd. reported on thirteen diamond drill holes designed to cover various gaps existing in the internal block model from surface down to 1,000 metres below surface at the Apollo system. Apollo is strongly mineralized from surface to over 1,300 vertical metres, is open at depth, and is the most advanced discovery made to date within the Company’s multi-target, Guayabales Project in Caldas, Colombia.
Approximately 142,000 metres of diamond drilling has been completed to date at the Guayabales and San Antonio projects, including 102,000 metres at Apollo. Numerous holes across both projects are awaiting assay results.
Six rigs are operating at the Guayabales Project. One rig is being mobilized to conduct expansion drilling at the outcropping zone of high-grade tungsten, gold, silver and copper; two rigs are conducting infill drilling of the Apollo system at elevations ranging between 1,500MASL to 1,000MASL; two deep capacity rigs are focused on expanding both the strike and vertical dimensions of the high-grade Ramp Zone at depth (below Apollo) and the final rig has commenced drilling at Target X to follow up on the recently discovered high-grade and silver-rich vein system announced prior.
Four rigs are also operating at the San Antonio Project and are specifically focused on the Pound target where previously released drilling has intersected a shallower zone of gold and silver rich, intermediate sulphidation sheeted veins and a deeper gold-copper porphyry mineralized system. Of interest, currently advancing drill holes SAC-25 and SAC-26, which are being drilled from different pads located approximately 500 metres apart, are cutting multiple zones of sheeted vein mineralization hosting high levels of fine-grained sulphides which have been a reliable indicator in prior holes for precious metal-rich mineralization.
Ari Sussman, Executive Chairman, said, “Drilling at Apollo continues to add value as the system expands in dimension and improves in grade. As an explorationist at heart, I am most keen to see what comes next from drilling into the Ramp Zone below Apollo as it is our firm belief that the Ramp Zone is the engine for the entire Apollo system. With ten rigs currently turning and up to 100,000 metres of drilling being planned for 2026, I am overtly confident that a lot of additional value will be unlocked prior to announcing a maiden mineral resource estimate for Apollo by the end of next year.”