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Collective Mining ( (TSE:CNL) ) has shared an update.
Collective Mining Ltd. announced the final assay results from its 2024 drill program at the Trap and Plutus targets within the Guayabales Project in Colombia. The results confirmed a high-grade gold-rich vein system at the Trap target and further mineralization at the Plutus target. The company plans to focus its 2025 drill program on expanding the Trap system northwest, potentially revealing a porphyry feeder system. The discovery and ongoing developments are significant for the company’s operational expansion and strategic positioning in the gold mining sector.
More about Collective Mining
Collective Mining Ltd. operates within the mining industry, focusing on exploration and development of mineral properties. The company is particularly engaged in gold mining, with significant projects located in Colombia, including the multi-target Guayabales Project.
YTD Price Performance: 2.56%
Average Trading Volume: 9,827
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $343.3M
For an in-depth examination of CNL stock, go to TipRanks’ Stock Analysis page.
