Discovery of Tungsten at the Guayabales Copper-Silver-Gold Project in Colombia

Introduction: Collective Mining has made new progress in its drilling campaign at the Guayabales project in Colombia, with the Apollo deposit revealing extensions that could significantly expand the project's potential. Drill hole APC100-D1 intersected 150.5 meters grading 1.46 g/t gold, 18 g/t silver, 0.06% copper, and 0.03% zinc at a depth of 189.2 meters, demonstrating strong mineralization. The company plans to conduct 60,000 meters of drilling next year, its largest-ever program.

According to Mining.com, Collective Mining has achieved new drilling progress at its Guayabales project in Caldas, Colombia, with results that could greatly enhance the project's potential. The company announced that drilling at the Apollo deposit has confirmed extensions of the mineralized body, suggesting possible expansion of the deposit.

Specifically, drill hole APC100-D1 intersected 150.5 meters grading 1.46 g/t gold, 18 g/t silver, 0.06% copper, and 0.03% zinc at a depth of 189.2 meters. Notably, a 42-meter section within this interval returned higher grades of 3.6 g/t gold, 31 g/t silver, 0.09% copper, and 0.05% zinc. This discovery, located northeast of the Apollo deposit boundary, remains closely associated with the main mineralized zone.

Another key drill hole, APC-98D3, also delivered significant results, intersecting 3.6 meters grading 1.29 g/t gold, 15 g/t silver, 0.02% copper, and 0.25% zinc at a shallow depth of 1.5 meters. At 335.5 meters, the hole encountered 24.1 meters grading 2.95 g/t gold, 29 g/t silver, 0.08% copper, and 0.27% zinc. Additionally, at 404.2 meters, it intersected 16.5 meters grading 2.08 g/t gold, 20 g/t silver, 0.07% copper, and 0.06% zinc.

Ari Sussman, Executive Chairman of Collective Mining, stated, "The Apollo deposit continues to grow in size with robust mineralization." He explained that APC100-D1 confirmed earlier assumptions about poor mineralization in shallow outcrops and breccia zones but indicated that deeper sections may host larger and higher-grade mineralization. These results reflect the efforts of five drill rigs and form part of the company’s 40,000-meter 2023 drilling program.

In October, the company discovered the Ramp deposit west of APC100-D1, where three rigs are now operating. Collective plans to execute a 60,000-meter drilling program next year, its largest to date. So far, the company has completed 101,000 meters of drilling at Guayabales, with 67,000 meters focused on Apollo.

Currently, samples from 25 drill holes are undergoing analysis, with full results expected by year-end. The Guayabales project is adjacent to the Pan-American Highway and near Aris Mining’s Marmato gold mine. Collective’s drilling success not only enhances its own exploration prospects but also contributes to Colombia’s mining sector growth. As drilling continues, the project’s full potential may be further validated.

Collective Mining’s achievements at Guayabales have positively impacted its exploration outlook while injecting new vitality into Colombia’s mining industry. With further drilling, the project’s significant potential could be fully unlocked.

Source of article: https://www.china-mcc.com/news_show-8629.html