Collective Mining Ltd (TSE:CNL) has released an update.
Collective Mining Ltd. has announced the discovery of a high-grade gold and silver porphyry system at the Box target within their Guayabales Project in Colombia, with drilling planned to start in April 2024. The Box target presents a rich mineralization with gold values up to 5.18 g/t and silver up to 665 g/t, identified through soil anomalies and recent landslides that exposed new outcrops. This discovery is seen as a potential new drilling success, given its similarity to the nearby Apollo system and the promising geological indications.
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