Collective Mining adds sixth drill rig, commences VTEM/ZTEM survey at Guayabales Project in Caldas, Colombia; fully funded with US$23.6M.
Collective Mining Ltd. is adding a sixth drill rig and commencing a VTEM/ZTEM geophysical survey at its Guayabales Project in Caldas, Colombia. The company is fully funded with US$23.6M for its 2024 budget and its drill program will cover 40,000 meters. Drill rigs are currently operating at the Apollo, Box, Olympus, and Trap targets, with the new rig to focus on the grassroot generated X target in the southern area.
June 19, 2024
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