Collective Mining Strikes Unexpected High-Grade Gold in Colombia

Executive Chairman Ari Sussman characterized the find as a positive anomaly for the flagship project. The company, which maintains a fleet of 13 drill rigs across the site, has already shifted its focus to characterize the extent of this northern discovery. Aggressive follow-up drilling is currently underway to determine the scale of the deposit.

Investors can expect further data regarding the potential of this extension late in the third quarter or early in the fourth. The unexpected nature of the intercept suggests that the geological complexity of the Apollo system may hold additional mineralized zones yet to be mapped by the current exploration program.