Collective Mining Ltd. (NYSEAMERICAN:CNL) is one of the 13 Most Promising Gold Stocks According to Wall Street Analysts. On July 21, Collective Mining Ltd. (NYSEAMERICAN:CNL) announced that high-grade gold, copper, silver, and tungsten assay results have been received for five additional holes from its ongoing drilling work at the Apollo system.
This drilling program aims to outline and expand the near-surface and shallow portion of gold-silver-copper-tungsten mineralization at the Apollo system.
A large open pit gold and silver mine, revealing the source of the company’s revenue.
According to the report by Collective Mining Ltd. (NYSEAMERICAN:CNL), the five diamond drill holes coming from Pad 22, Pad 23, and Pad 25 showed strong mineralization of gold, silver, copper, and tungsten starting from at or near the surface.
The Apollo system starts at the surface and it is strongly mineralized over 1,200 vertical metres. The system is open at depth and it is the most advanced discovery so far in Collective Mining Ltd.’s (NYSEAMERICAN:CNL) Guayabales Project, located in Caldas, Colombia.
So far, 70% of the drill program focusing on the shallowest portion of Apollo has been completed. Assay results from further five holes are still awaited. Collective Mining Ltd. (NYSEAMERICAN:CNL) pointed out that additional holes are also being drilled.
Collective Mining Ltd. (NYSEAMERICAN:CNL) is a gold, silver, copper, and tungsten exploration company with projects in Caldas, Colombia.
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Disclosure: None. This article is originally published at Insider Monkey.
