Collective Mining Samples High Grade Gold and Silver at the Olympus…

Collective Mining Samples High Grade Gold and Silver at the Olympus Target, Guayabales Project, 哥伦比亚

TORONTO, Aug. 04, 2021 – Collective Mining Ltd. (TSXV: CNL) (“集体”或“公司”)很高兴提供来自其在瓜亚巴莱斯项目中的奥林巴斯目标(“奥林巴斯”)的勘探更新, located in Caldas, 哥伦比亚. The Guayabales project is situated contiguous, immediately along strike and to the northwest of Aris Gold’s Marmato gold mine, which contains proven and probable reserves of 2.0 million ounces gold and 4.35 million ounces silver (19.7 Mt grading 3.2 g/t gold and 6.9 g/t silver). 公司认为瓜亚巴雷尔项目中大量的贵金属矿化与多种矿化样式有关,包括金铜钼斑岩和伴生角砾岩,品位高, 贵金属和贱金属脉系叠加在斑岩体上,富集斑岩体.

“我们对奥林巴斯目标物非常兴奋,因为它的多种成矿样式和富集的斑岩矿化通过高级静脉叠印. 尽管由于与采矿有关的大规模小规模历史木材的支持,隧道样本的地下暴露量有限, 在一个600 × 600米的区域内发现了大量高品位的金和银,矿化仍然在各个方向开放. 奥林巴斯迄今为止的工作清楚地表明,在不久的将来,将有多个目标准备进行钻井测试,” commented Ari Sussman, Executive Chairman.

Highlights (Table 1 and Figures 1-4)

该公司已收到瓜亚巴莱斯项目奥林巴斯目标浅层地下通道采样的结果. 奥林巴斯靶区是位于斑岩侵入体中的一条NW向矿化走廊. 金银矿化赋存于包括高品位矿脉在内的多种类型中, porphyry veinlet, breccia and disseminated systems.

  • 到目前为止,对10个老矿平硐进行了取样,并报告了最初6个平硐的化验结果. In all cases, 通道采样仅限于不常见的地下环境,这些环境没有被历史开采后的木材支撑所覆盖,结果如下:

    • 46.5 g/t gold equivalent over 1 metre (19.1 g/t Au and 1,919 g/t Ag);
    • 39.0 g/t gold equivalent over 2.7 metres (33 g/t Au and 421 g/t Ag);
    • 16.3 g/t gold equivalent over 1 metre (9.7 g/t Au and 464 g/t Ag);
    • 20.8 g/t gold equivalent over 0.9 metre (20.7 g/t Au and 9 g/t Ag);
    • 13.8 g/t gold equivalent over 1.7 metres (9.3 g/t Au and 314 g/t Ag) and;
    • 11.8 g/t gold equivalent over 1 metre (6.1 g/t Au and 399 g/t Ag).
  • 片状和网状带的斑岩A和B细脉,以及与之伴生的浸染状硫化物,返回了19个值,范围为4.7 g/t AuEq to 1.1 g/t AuEq from widths of 2.0 metres to 0.3 metres in available underground exposures. This lower grade mineralization has been overprinted by the high-grade veins.
  • The southernmost workings in the target area returned 8.6 g/t AuEq and 8.含碎屑和块状硫化物物质的矿化角砾岩带2 g/t AuEq.
  • 奥林匹斯矿化走廊的宽度超过600米,向西北方向600米. The target is open in all directions. The 600 metres wide corridor hosts 41 shallow underground adits.
  • Underground sampling and surface mapping continues at the Olympus target area.

Table 1: Underground Channel Sampling at the Olympus Target

长度 非盟g / t) Ag g / t) AuEq g / t * Mineralization Style
1 2.70 33.0 421 39.0 Polymetallic vein hosted in Diorite
1.00 9.7 464 16.3 Polymetallic vein hosted in Diorite
1.00 6.1 400 11.8 Polymetallic vein hosted in Diorite
1.00 4.6 462 11.3 Polymetallic vein hosted in Diorite
1.00 4.2 360 9.4 Polymetallic vein hosted in Diorite
1.50 0.9 54 1.7 Veinlets hosted in Porphyry Diorite
1.00 1.0 38 1.5 Veinlets hosted in Porphyry Diorite
2 1.00 19.1 1,919 46.5 Polymetallic vein in 角砾岩
2.00 8.6 等待   角砾岩
1.10 3.8 306 8.2 角砾岩
1.50 1.3 164 3.7 Veinlets hosted in Porphyry Diorite
2.00 2.0 64 2.9 Veinlets hosted in Porphyry Diorite
1.96 0.7 23 1.1 Veinlets hosted in Porphyry Diorite
3 1.70 9.3 314 13.8 Polymetallic vein hosted in Diorite
1.50 4.1 28 4.5 Veinlets hosted in Porphyry Diorite
4 0.90 20.7 9 20.8 Polymetallic vein hosted in Diorite
0.34 2.5 3 2.5 Disseminated with veins
0.40 0.8 31 1.2 Disseminated with veins
0.40 1.0 11 1.2 Disseminated with veins
5 1.40 4.0 51 4.7 Porphyry veinlets
0.30 1.6 60 2.5 Porphyry Diorite
1.30 1.8 46 2.4 Veinlets hosted in Porphyry Diorite
2.00 1.4 32 1.9 Veinlets hosted in Porphyry Diorite
2.00 1.2 31 1.6 Veinlets hosted in Porphyry Diorite
2.00 0.9 15 1.2 Veinlets hosted in Porphyry Diorite
1.92 0.8 21 1.1 Veinlets hosted in Porphyry Diorite
6 0.50 3.4 23 3.8 Veinlets hosted in Porphyry Diorite
0.65 0.5 52 1.3 Veinlets hosted in Porphyry Diorite
0.35 2.2 2 2.2 Veinlets hosted in Porphyry Diorite
0.50 1.1 2 1.1 Veinlets hosted in Porphyry Diorite

*a silver/gold ratio of 70:1 has been used to calculate gold equivalent grades.

Qualified Person (QP) and NI43-101 Disclosure

David J Reading是国家仪器43-101(“NI 43-101”)意义下的本新闻稿的指定合格人员,并已审核并验证了本文所包含的技术信息是准确的,并批准书面披露. 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

岩石样品已在麦德林的Actlabs实验室设施中制备和分析, 哥伦比亚 and Toronto, 加拿大. 空白, duplicates, 并在样品流中插入经认证的参考标准来监测实验室的表现. 粉碎废品和浆料保存和储存在一个安全的存储设施,以供将来的化验验证. No capping has been applied to sample composites. The Company utilizes a rigorous, industry-standard QA/QC program.

About Collective Mining Ltd.

Collective是一家勘探和开发公司,专注于在南美确定和正规赌平台网址大全有前景的黄金项目. Collective currently holds an option to earn up to a 100% interest in two projects located in 哥伦比亚: (i) the San Antonio project; and (ii) the Guayabales project. 3,占地780公顷的圣安东尼奥项目位于哥伦比亚卡尔达斯省一个历史悠久的金矿区. With recent geophysical and LIDAR surveys completed, an initial 5,000米钻孔计划正在进行中,初步化验结果预计在第三季度得出, 2021. 3,占地333公顷的Guayabales项目也位于矿业友好的哥伦比亚卡尔达斯省. Guayabales项目目前正在进行大规模的地面勘探,预计将于2021年8月底开始首次钻探.

Contact Information

Collective Mining Ltd. 
Paul Begin, Chief Financial Officer 
电话. (416) 451-2727 

FORWARD-LOOKING STATEMENTS  

This news release contains certain forward-looking statements, including, but not limited to, statements about the maiden drill program, including timing of results, and Collective’s future and intentions. Wherever possible, words such as “may”, “会”, “应该”, “可以”, “期望”, “计划”, “意愿”, “anticipate”, “相信”, “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. 这些报表反映了管理层当前的信念,并基于截至本协议签订之日管理层目前可获得的信息.   
Forward-looking statements involve significant risk, uncertainties, and assumptions. Many factors could cause actual results, performance, 或与前瞻性陈述中讨论或暗示的结果有重大差异的成就. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. 尽管本新闻稿中所载的前瞻性陈述是基于管理层认为合理的假设, Collective不能向读者保证实际结果将与这些前瞻性声明一致. These forward-looking statements are made as of the date of this news release, 和Collective不承担更新或修改它们以反映新的事件或情况的义务, except as required by law.
多伦多证券交易所及其监管服务提供商(该术语在多伦多证券交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任.  

Figure 1: Plan View of the Guayabales Project and the Box Target

Figure 2: Plan View of the Olympus Mineralized Corridor with Underground Sample 区s 1-6

Figure 3: Photo of Polymetallic Vein Overprinting a Hydrothermal 角砾岩. Samples grades 19.1 g/t gold and 1,919 g/t silver Over One Meter

图4: 奥林巴斯矿化廊道绢云母蚀变石英闪长岩中斑岩型成矿与石英-硫化物脉. Sample Grades 1.63 g/t gold and 60 g/t Silver and 11 ppm Molybdenum