Collective Mining Ltd (TSE:CNL) has released an update.
Collective Mining Ltd has announced a significant extension of near-surface mineralization at their Apollo project, with one drill hole yielding 270 meters at 2.11 g/t gold equivalent. Additionally, a new discovery was made at Target 1, showing promising intercepts and signs of a new gold-silver-copper porphyry body, prompting immediate follow-up drilling. The ongoing drilling campaign, with four active rigs, has yielded multiple instances of substantial mineralization across several holes, indicating a robust expansion of the project’s potential.
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