Collective Mining is pleased to announce that it has discovered an extension to the Apollo system on the northeastern flank at depth and as a result opens the possibility for major expansion growth along the northern side of the system. The Apollo system is the flagship discovery within the Company's multi-target Guayabales Project. The Company currently has five drill rigs operating as part of its fully funded and [...]
Collective Mining is pleased to announce the closing of its upsized "bought deal" public offering of 8,050,000 common shares of the Company at a price of C$5.00 per Share for aggregate gross proceeds of C$40,250,000, including the exercise in full of the underwriters' over-allotment option. The Public Offering was conducted by a syndicate of underwriters led by BMO Capital Markets, as sole bookrunner, and including Clarus [...]
Collective Mining is pleased to announce that, further to its news releases dated October 24 and 25, 2024 announcing a C$35 million "bought deal" public offering of common shares led by BMO Capital Markets on behalf of a syndicate of underwriters, its strategic investor with participation rights in equity financings of the Corporation has exercised such participation rights in connection with the Public Offering. The [...]
Collective Mining Ltd. is pleased to announce that due to strong demand, it has increased the size of the previously announced bought deal of common shares to 7,000,000 common shares at a price of C$5.00 for gross proceeds of C$35 million . The company previously entered into an agreement with BMO Capital Markets as sole bookrunner on behalf of a syndicate of underwriters including Clarus Securities Inc. and Scotia [...]
Collective Mining has announced today that it has entered into an agreement with BMO Capital Markets as sole bookrunner on behalf of a syndicate of underwriters including Clarus Securities Inc. and Scotia Capital, among others, pursuant to which the Underwriters have agreed to purchase, on "bought deal" basis, 6,000,000 common shares in the capital of the Company, at a price of C$5.00 per Common Share for gross proceeds [...]
Collective Mining Ltd. is pleased to announce the discovery of a new high-grade gold zone at the Apollo system , located within the Company's Guayabales Project in Caldas, Colombia. This new discovery, which has been named the Ramp Zone, is interpreted to be the first intercept into a major new high-grade gold system at depth and can be classified as a partially reduced intrusion related Au-Ag-Cu system. Although the Ramp [...]
Results Indicate a Higher-Grade Core May Exist to the North and Deeper Collective Mining Ltd. is pleased to announce the assay results for the initial four reconnaissance drill holes designed to outline the mineralized early porphyry phase unit in the southern portion of the Plutus Target . Plutus is one of a series of targets located within the Company's Guayabales Project in Caldas, Colombia. The Company currently has [...]
In the news release, Collective Mining Reports High Recovery Rates for Gold at Apollo Averaging 94.3% From New Variability Metallurgical Test Work, issued 03-Oct-2024 by Collective Mining Ltd. over PR Newswire, we are advised by the company that in table 2 and the following bullet, test recovery rates and Additional Recovery from Cyanidation of Cleaner Tailings rates for silver and gold have changed. The complete [...]
Collective Mining Ltd. is pleased to announce results from recent cyanidation tests conducted on representative samples from both shallow and deeper areas of its Apollo system at the Guayabales Project in Caldas, Colombia. The test results have yielded an average gold dissolution of 94.3% from seven new variability samples and confirm and corroborate previously announced cyanidation gold recoveries . Furthermore [...]
Collective Mining Ltd. is pleased to announce assay results for four directional diamond drill holes which extend the Apollo system to the southwest and confirm continuity of both breccia and high-grade, porphyry related, carbonate base metal vein zones at depth. Apollo is an outcropping, high-grade brecciated porphyry system with a matrix impregnated by both early-stage porphyry mineralization and late-stage, high-grade [...]
Collective Mining is pleased to announce assay results for four holes drilled at the Trap Target, which is situated approximately 3.5 km to the northeast of the flagship Apollo system within the Company's Guayabales Project. The Company has five diamond drill rigs in operation as part of its fully funded 40,000 m drill program for 2024, with two rigs drilling at Trap, two rigs drilling at the Apollo system and one rig [...]
Collective Mining Ltd. is pleased to announce that a maiden drill program is now underway in the southern portion of the Plutus Target , which is one of a series of high-impact targets located within the Company's Guayabales Project located in Caldas, Colombia. Additionally, positive assay results from the now completed reconnaissance drill program at the Box Target are included herein. The Company currently has five [...]
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