Northwire Canada EditionTuesday, July 14, 2026
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EM 3.58 −4.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% MGG 0.310 −6.1% BUFF 0.770 +2.7% TKO 11.18 +12.2% MINK 0.105 +0.0% LCE 0.240 −4.0% AEF 0.165 +3.1% BEM 0.095 +5.6% EM 3.58 −4.8% MEK 0.065 +44.4% TLO 6.00 +13.0% ADE 0.045 −66.7% FAIR 0.060 +33.3% SVRS 0.420 −2.3% RES 0.050 +42.9% CYG 0.120 +0.0% MGG 0.310 −6.1% BUFF 0.770 +2.7% TKO 11.18 +12.2% MINK 0.105 +0.0% LCE 0.240 −4.0% AEF 0.165 +3.1% BEM 0.095 +5.6%
Drill Results Material +

Collective Mining Expands Ramp Zone by Drilling 83.75 Meters at 21.14 g/t Gold Beginning at 1,355 Meters Below Surface

By The Northwire Desk — AI Analysis Mar 29, 2026 · 18:00 CNL · 20.96 Collective Mining Ltd.
CNL · Price

Executive Summary

  • Collective Mining announced exceptionally high‐grade intercepts from drill hole APC150‑D1 in the Ramp Zone, including a 20.80 m interval averaging 21.14 g/t Au (and 17 g/t Ag) with a sub‑interval of 20.80 m at 51.36 g/t Au.
  • The company is expanding its drilling program to seven rigs (up from five) to test continuity around the 1.5 km circumference of the breccia body, indicating confidence in a large, high‑grade resource.
  • Cash balance of US$135 M (as of Dec 1 2025) fully funds the 2026 plan of up to 100,000 m of drilling with up to fourteen rigs.

Key Details

  • Hole APC150‑D1 results (core lengths):
  • 54.55 m @ 7.04 g/t Au, 16 g/t Ag (incl. 17.85 m @ 11.37 g/t Au, 22 g/t Ag)
  • 81.50 m @ 4.24 g/t Au, 8 g/t Ag (incl. 26.00 m @ 8.85 g/t Au, 12 g/t Ag)
  • 83.75 m @ 21.14 g/t Au, 17 g/t Ag (incl. 20.80 m @ 51.36 g/t Au, 35 g/t Ag)

  • 7.05 m @ 2.13 g/t Au to hole bottom at 1,445 m below surface

  • High‑grade sub‑zone (Table 2): Multiple contiguous intervals between 711.95–732.75 m depth delivering grades up to 734 g/t Au over 1.15 m.

  • Hole APC143‑D4:

  • 69.25 m @ 1.00 g/t Au, 4 g/t Ag from 11.10 m depth (978 m below surface) – lower‑grade but confirms Ramp signature at shallower levels.

  • Drilling program expansion:

  • Two additional deep‑capacity diamond rigs added this week → total of five rigs; another two rigs expected within the next month, targeting up to fourteen rigs for 2026.

  • Cumulative drilling to date: 169,500 m total across Guayabales and San Antonio projects; 111,000 m at Apollo system.

  • Financial position: US$135 M cash on hand (Dec 1 2025) → fully funds planned 2026 drilling campaign of up to 100,000 m.

  • Geological context: Ramp Zone sits at ~1,000 m MASL within the Apollo intrusion‑related system; mineralization characterized by gold‑silver‑copper‑tungsten sulfides with notable bismuth and tellurium signatures.

  • Future outlook: Company plans to increase rigs to seven immediately and test continuity around the breccia body in Q2 2026; assay results for adjacent holes APC140‑D5/D6 expected in April.

Notable Quotes

“APC150‑D1 is a remarkable hole cutting three bulk zones of high‑grade mineralization at Ramp… As a result, we will be increasing our Ramp focused drilling program from five to seven rigs as we look to expand the high‑grade mineralization…” – Ari Sussman, Executive Chairman

All technical information reviewed and verified by Qualified Person David J. Reading (NI 43‑101 compliant).

Read the original news release →

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