Collective Mining Ltd (TSE:CNL) has released an update.
Collective Mining Ltd. has reported significant assay results from the Trap target at their Guayabales project in Colombia, including a notable intercept of 632.25 meters at 1.10 g/t gold equivalent. The company, expanding its drill program with a fifth rig, indicates that the mineralized system is open in all directions except east and suggests potential for stronger mineralization at depth or nearby. Executive Chairman Ari Sussman expresses optimism with the early results and plans for continued aggressive step-out drilling.
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