Collective Mining Ltd. reported that drill hole APC150‑D1, completed on March 29, 2026, intersected 83.75 meters of gold at an average grade of 21.14 g/t. The intercept extends the mineralized envelope to a 315‑meter strike length and a 350‑meter vertical extent within the Ramp Zone of the Guayabales project in Colombia’s Middle Cauca belt.
The Ramp Zone is a key component of the company’s flagship Apollo system, a large‑scale, bulk‑tonnage, high‑grade gold‑silver‑copper‑tungsten complex. The new intercept confirms the presence of three bulk‑grade zones and expands the known footprint of the system, reinforcing the geological model that underpins the company’s exploration strategy. The result follows a series of earlier holes that have progressively widened the understanding of the deposit’s geometry.
Collective Mining is targeting a maiden mineral resource estimate in the first half of 2027. The company’s cash position of US$135 million, as of December 1, 2025, fully funds its 2026 exploration program, which includes up to 100,000 meters of drilling. Management has increased Ramp‑focused drilling from five to seven rigs, reflecting confidence that the new intercept signals the potential for high‑grade mineralization at deeper elevations on the northern flank of the breccia body.
Executive Chairman Ari Sussman noted that the intercept “cuts three bulk zones of high‑grade mineralization at Ramp as well as expanding the footprint of the system.” He added that the company is now “confident in its chances of finding high‑grade Ramp Zone style mineralization at a deeper elevation on the northern flank of the breccia body once drilling commences in Q2 2026.”
News outlets reported on the drill results on March 29 and 30, 2026, and the company was added to the Junior Gold Miners Index (GDXJ) effective March 20, 2026.
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