TORONTO, April 24, 2024 /CNW/ – Collective Mining Ltd. (TSX: CNL) (OTCQX: CNLMF) (FSE: GG1) (“Collective” or the “Company”) is pleased to report assay results for four holes drilled at the Trap Target (“Trap”), which is part of the Guayabales project located in Caldas, Colombia. The Company has just added a fifth diamond drill rig as part of its 40,000-metre drill program for 2024 with drilling currently taking place at the Trap, Apollo, Olympus and Box (two rigs) targets respectively.
The assay results reported herein from Trap are from the initial follow-up drilling to the original discovery holes announced on January 18, 2024, where the Company found a new precious metal rich porphyry system located 3.5 kilometres to the northeast of its flagship Apollo system with previous intercepts including 646 metres @ 0.81 g/t AuEq from 19.5 metres depth.
Trap is a precious metal dominant porphyry system hosted in an early quartz…
