07:34 AM EDT, 10/03/2024 (MT Newswires) -- Collective Mining ( CNL ) reported Thursday the results from recent cyanidation tests conducted on representative samples from both shallow and deeper areas of the Apollo system at the Guayabales project in Colombia. The company said the results yielded an average gold dissolution of 94.3% from seven new variability samples while confirming previously announced cyanidation gold recoveries.

Collective added that optimization test work on a flotation concentrate returned substantial improvements in recoveries for gold and silver over those previously reported in April.

"The comprehensive metallurgical test work completed on Apollo confirms the simple nature of achieving high recovery rates of valuable metals from the system using conventional technologies," Executive Chairman Ari Sussman said.