06:38 AM EDT, 03/30/2026 (MT Newswires) -- Collective Mining ( CNL ) late on Sunday released assay results expanding the Ramp Zone of the Apollo system of the Guayabales project in Colombia.
Remaining assay results for the final 370 meters (m) of hole APC150-D1 produced two additional high-grade intercepts in the Ramp Zone from 1,200 m to 1,400 m below surface, expanded the mineralized envelope to 315 m of strike by 100 m in width by 350 m vertically and bottomed in mineralization at 1,450 m below surface.
Highlights of the results include 83.75 m at 21.14 grams per tonne gold beginning at 1,355 m below surface.
Two additional deep-capacity diamond rigs have begun drilling this week at the Ramp Zone, resulting in five rigs in total, with another two rigs anticipated to arrive on site over the course of the next month.
With US$135 million in cash as of Dec. 1, 2025, the company is fully funded for its planned 2026 program, which envisions up to 100,000 m of drilling.