Collective Mining Drills Broad Zones of Mineralization TORONTO, March 03, 2022 (GLOBE NEWSWIRE) -- Collective Mining Ltd. (TSXV: CNL) (“Collective” or the “Company”) is pleased to announce completion of the first three holes at the Olympus Central target within the Guayabales project (“Guayabales”), Colombia with three additional holes nearing completion. The Olympus target consists of three zones named Olympus Central, Olympus South and Olympus North and cumulatively measures approximately 1.25 km x 0.75 km. The Company currently has three diamond drill rigs operating at Olympus as part of its minimum 20,000 metre program for 2022 with a fourth rig expected to commence drilling at the Guayabales project prior to the end of March.
“This initial drilling program at Olympus represents the first holes ever drilled into the Olympus Central target and we are excited about the multiple styles of mineralization over potentially broad intercept lengths. Visually, the intersection of multiple CBM bearing vein zones in the Olympus Central target share numerous characteristics with the multi-million ounce gold and silver Marmato deposit. We will remain aggressive with drilling for the balance of 2022 and are excited for initial assay results in the short term,” commented Ari Sussman, Executive Chairman.
Collective Mining Drills Broad Zones of Mineralization at Olympus, Assay Results Expected Shortly