Collective Mining Ltd.

TORONTO, Aug. 23, 2023 /CNW/ - Collective Mining Ltd. is pleased to announce that it has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange and list its common shares on the TSX. Final approval of the listing is subject to the Company meeting certain customary conditions required by the TSX. The Company will issue a press release once the TSX confirms the date when [...]

Collective Mining Ltd. is pleased to announce it has published its 2022 Sustainability Report, which contains a clear and comprehensive account of the Company's performance in social, environmental, health & safety and governance matters within its area of operations. In addition, Collective has become carbon neutral in 2022 for the first time due to the purchase of carbon credits from the Delfines Cupica Redd+ project [...]

Hole APC-60 cut 557.85 metres @ 2.10 g/t gold equivalent from 41.60 metres downhole demonstrating excellent continuity and strong mineralization from near surface in a portion of the system with no prior shallow drilling. The hole intersected the shallow sheeted CBM vein zone of mineralization over the initial 107.55 metres before transitioning into high-grade brecciated porphyry for the remainder of the intercept. The [...]

Channel sampling of limited oxidized and weathered outcrop exposures in the northern corridor of the Plutus porphyry target have returned encouraging assay results including: 10.25 metres @ 2.81 g/t gold,13 g/t silver and 186 ppm copper 23.71 metres @ 1.22 g/t gold, 16 g/t silver and 198 ppm copper The Plutus northern corridor, which is part of the greater Plutus porphyry target area, measures 600 metres along strike by [...]

Drill hole APC-58 intersected 270 metres at 2.11 g/t gold equivalent from surface at Apollo extending the near surface mineralization to the southwest from Pad 10 in an undrilled portion of the deposit. The first-ever drill hole to test Target 1 to the southwest of the Apollo porphyry system has clipped what is interpreted to be the edge of a new mineralized gold-silver-copper porphyry body and returned the following [...]

Exploration fieldwork has discovered a new porphyry target located five hundred metres east of the high-grade Apollo Porphyry Deposit and referred to as the Plutus Porphyry Centre . To date, Plutus covers 1,000 metres by 720 metres in area and hosts multiple mineralization styles including porphyry veining, porphyry related breccia mineralization and late-stage carbonate base metal veins. Within Plutus are two areas of [...]

Step-out hole APC-55 was drilled from Pad 6 to the northeast and intercepted continuous gold-silver-copper mineralization from surface over a significant core length as follows: 792.25 metres @ 1.71 g/t gold equivalent commencing from surface including: 48.8 metres @ 3.23 g/t gold equivalent from surface in the oxide plus transition zone APC-55 returned 1,356 g/t gold equivalent on a grams X metres basis, which represents [...]

Collective Mining Ltd. recently commenced exploration diamond drilling on the first of six well mineralized and outcropping targets located within a 400-metre radius of the Apollo porphyry system . Please refer to the press release dated April 18, 2023, for a description of the six newly generated targets. The Company presently has three diamond drill rigs on site with a fourth rig expected to arrive in the near term [...]

Hole APC-53 was drilled from Pad 10 with the aim of stepping out to the northeast at depth along the recently discovered high-grade Contact Zone in the Apollo system. Prior to intercepting the Contact Zone downhole, a new bulk tonnage high-grade, sheeted, precious metal vein system was discovered beginning directly from surface with results as follows: 145.0 metres @ 2.11 g/t gold equivalent from surface. This new bulk [...]

Drill hole APC-45, which is the first hole into the Contact Zone in the southernmost part of the Apollo porphyry system from Pad 7, intersected an abundance of sheeted CBM veins overprinting earlier porphyry mineralization. Remarkably continuous high-grade gold-silver-copper was intersected over the entire core length with results as follow: 162.20 metres @ 3.90 g/t gold equivalent commencing from surface ; The linear [...]