Collective Mining reports 2.58 million oz AuEq indicated resource at Apollo deposit in Colombia
CNL•Maiden resource at Apollo deposit
Collective Mining reported a maiden mineral resource for the Apollo deposit at its 100%-owned Guayabales project in Caldas, Colombia.
- Indicated resource: 37 million tonnes grading 2.17 g/t AuEq, for 2.58 million oz AuEq.
- Inferred resource: 48 million tonnes grading 1.83 g/t AuEq, for 2.83 million oz AuEq.
- Open-pit portion: 22 million tonnes indicated at 2.06 g/t AuEq, strip ratio 3.4:1; gold about 50% of AuEq grade.
- Permitting timeline targets an environmental license application in H2 2027; next Apollo resource update targeted for Q1 2028.
