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Collective Mining (TSXV:CNL) announces additional assay results from the Olympus Target

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TSXV:CNL
12 May 2022 10:00 (EDT)

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Collective Mining (CNL) has announced high-grade gold and silver channel sample assay results from the Olympic target at the Guayabales Project in Colombia.

The company has three diamond drill rigs operating at Guayabales with drills turning at the Olympus and Apollo targets as well as the newly discovered Trap target.  

Collective Mining is focused on expanding the recently discovered holes at Olympus of 302 metres @ 1.11 g/t gold equivalent and 216.7 metres @ 1.08 g/t gold equivalent.

Ari Sussman, Executive Chairman of Collective Mining sat down with Coreena Robertson to discuss the results from the Olympus and Apollo targets.

“With the scale of veining and alteration at Olympus and mineralized systems that come to surface, the company now believes that we have a discovered a vein and broad mineralized system. The more exploration we undertake, the more high-grade veins we find. We will remain aggressive with drilling at Olympus and look forward to commencing the first underground drill-hole into the high-grade vein portion of the system in June 2022.”

Collective Mining is an exploration and development company focused on identifying and exploring prospective mineral projects in South America.

Collective Mining Ltd. (CNL) opened trading at C$3.40 per share.

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