Collective Mining to Present at Precious Metals Summit Beaver Creek
01 Setembro 2022 - 2:03PM
Collective Mining Ltd. (TSXV: CNL) (OTCQX: CNLMF)
(“Collective” or the “Company”) is pleased to announce that
Executive Chairman Ari Sussman will be participating at the
upcoming 2022 Precious Metals Summit in Beaver Creek, Colorado
taking place September 13-16, 2022.
The Company will be presenting on
Tuesday, September 13th at 1:45pm
in Room 1 and is also available for one-on-one
meetings.
Management will be discussing its new Apollo
discovery at its Guayabales project, which Executive Chairman Ari
Sussman stated on August 29, 2022; “... the Apollo Main Breccia has
all the right markers to evolve into a large-scale discovery.”
Notable intercepts include:
- APC-2: 207.15 metres @ 2.68 g/t AuEq.
- APC-3: 180.6 metres @ 2.43 g/t AuEq.
- APC-5:
268.0 metres @ 1.50 g/t AuEq.
The Company will further update investors on its
ongoing 20,000 metre drill program where management expects to
release new assay results over the short-term.
About Collective Mining
Ltd.
To see our latest corporate presentation and
related information, please visit www.collectivemining.com
Collective Mining is an exploration and
development company focused on identifying and exploring
prospective mineral projects in South America. Founded by the team
that developed and sold Continental Gold Inc. to Zijin Mining for
approximately $2 billion in enterprise value, the mission of the
Company is to repeat its past success in Colombia by making
significant new mineral discoveries and advance the projects to
production. Management, insiders and close family and friends own
nearly 45% of the outstanding shares of the Company and as a
result, are fully aligned with shareholders.
The Company currently holds an option to earn up
to a 100% interest in two projects located in Colombia. As a result
of an aggressive exploration program on both the Guayabales and San
Antonio projects, a total of eight major targets have been defined.
The Company has made significant grassroot discoveries at both
projects with near-surface discovery holes at the Guayabales
project yielding 302 metres at 1.11 g/t AuEq at the Olympus target,
163 metres at 1.3 g/t AuEq at the Donut target and recently, at the
Apollo target, 207.15 metres at 2.68 g/t AuEq, 89.4 metres at 2.46
g/t AuEg and 87.8 metres at 2.49 g/t AuEg. At the San Antonio
project, the Company intersected, from surface, 710 metres at 0.53
AuEq. (See related press releases on our website for AuEq
calculations)
Qualified Person (QP) and NI43-101
Disclosure
David J Reading is the designated Qualified
Person for this news release within the meaning of National
Instrument 43-101 (“NI 43-101”) and has reviewed and verified that
the technical information contained herein is accurate and approves
of the written disclosure of same. Mr. Reading has an MSc in
Economic Geology and is a Fellow of the Institute of Materials,
Minerals and Mining and of the Society of Economic Geology
(SEG).
Technical Information
Rock and core samples have been prepared and
analyzed at SGS laboratory facilities in Medellin, Colombia and
Lima, Peru. Blanks, duplicates, and certified reference standards
are inserted into the sample stream to monitor laboratory
performance. Crush rejects and pulps are kept and stored in a
secured storage facility for future assay verification. No capping
has been applied to sample composites. The Company utilizes a
rigorous, industry-standard QA/QC program.
Contact Information
Collective Mining Ltd. Steven Gold, Vice President, Corporate
Development and Investor RelationsTel. (416) 648-4065
FORWARD-LOOKING
STATEMENTS
This news release contains certain
forward-looking statements, including, but not limited to,
statements about the drill programs, including timing of results,
and Collective’s future and intentions. Wherever possible, words
such as “may”, “will”, “should”, “could”, “expect”, “plan”,
“intend”, “anticipate”, “believe”, “estimate”, “predict” or
“potential” or the negative or other variations of these words, or
similar words or phrases, have been used to identify these
forward-looking statements. These statements reflect management’s
current beliefs and are based on information currently available to
management as at the date hereof.
Forward-looking statements involve significant
risk, uncertainties, and assumptions. Many factors could cause
actual results, performance, or achievements to differ materially
from the results discussed or implied in the forward-looking
statements. These factors should be considered carefully, and
readers should not place undue reliance on the forward-looking
statements. Although the forward-looking statements contained in
this news release are based upon what management believes to be
reasonable assumptions, Collective cannot assure readers that
actual results will be consistent with these forward-looking
statements. These forward-looking statements are made as of the
date of this news release, and Collective assumes no obligation to
update or revise them to reflect new events or circumstances,
except as required by law.
Neither the TSXV nor its Regulation Services
Provider (as that term is defined in the policies of the TSXV)
accepts responsibility for the adequacy or accuracy of this news
release.
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