Collective Mining discovers tungsten and gold mineralization at Apollo

Canada NewsWire

New high-grade tungsten-gold discovery outside the Apollo Mineral Resource block model: APC150-D4 intersected 8.15 meters grading 14.82 g/t AuEq (0.40% WO 3 , 8.47 g/t Au, 4 g/t Ag) south of and outside the Apollo breccia body, marking the Company's first tungsten intersection in surrounding schist in this area.

The discovery lies approximately 680 meters vertically below the base of the shallow tungsten zone represented in the block model for Apollo, with only very limited drilling in this schist unit. Follow-up drilling is planned to test the extent and continuity of this newly identified style of mineralization.

Thirteen new high-grade veins have been discovered, including 1.15 meters grading 57.98 g/t AuEq (55.50 g/t Au, 109 g/t Ag, 0.35% Cu) and 1.25 meters grading 28.73 g/t AuEq (28.60 g/t Au, 6 g/t Ag) in APC-171D. Seven veins lie outside the block model; the remaining six occur within its southwestern margin, with assay grades significantly exceeding the estimates for the corresponding model blocks.

Ramp Zone mineralization extended approximately 35 meters westward from the current block model for the Ramp Zone along the southern axis of the breccia margin. Both holes were terminated short of their planned target depths within the Ramp Zone due to challenging drilling conditions.

Results are pending for seventeen drill holes testing the Ramp Zone with five additional holes in progress. Multiple holes have intersected visually-identified* mineralization, including areas with localized visible gold, at previously undrilled locations around the circumference of the Apollo breccia body. Drilling has also tested below the existing block model. APC171-D3 intersected visually-identified* Ramp Zone-style mineralization including localized visible gold, approximately 350 meters below the current block mod