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Collective Mining Ltd. announced a maiden Mineral Resource for the Apollo deposit at its Guayabales Project in…
CNLCollective Mining Ltd.
Collective Mining Ltd. announced a maiden Mineral Resource for the Apollo deposit at its Guayabales Project in Colombia, establishing a foundation for a major mining development. The Indicated Mineral Resource totals 37.0 million tonnes grading 2.17 g/t AuEq for 2.58 million ounces of gold equivalent, while Inferred Resources total 48.2 million tonnes at 1.83 g/t AuEq for 2.83 million ounces. The resource includes a high-grade open-pit component of 22.5 million tonnes at 2.06 g/t AuEq and an underground Ramp Zone with 1.29 million tonnes at 4.74 g/t AuEq. Management is accelerating environmental and technical studies, targeting submission of an environmental license application in the second half of 2027. Collective Mining Ltd. operates as a gold, silver, copper, and tungsten exploration company focused on developing mineral projects in Colombia.