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Stock impact report

Collective Mining Announces a 200 Metre Strike Extension at the Ramp Zone with Results Including 50.50 Metres at 5.66 g/t Gold and 13 g/t Silver [Yahoo! Finance]

Collective Mining Ltd. Common Shares (CNL) 
US:NYSE Investor Relations: cleco.com/newsroom
Company Research Source: Yahoo! Finance
The Ramp Zone locates at the bottom of the Apollo system. APC103-D6, which was the shallower and first of the two new holes to intercept the Ramp Zone, cut 50.50 metres at 5.66 g/t gold and 13 g/t silver and extended the system laterally by approximately 50 metres to the northeast. APC106-D2, which is the deepest hole drilled to date into the Ramp Zone, cut 70 metres at 2.00 g/t gold and 5 g/t silver. Hole APC106-D2 has extended the Ramp Zone deeper and along strike by approximately 200 metres to the east. The Ramp Zone has now been defined through localized drilling over an area measuring 275 metres of strike by 200 metres vertical and remains open in all directions. As a result, the total vertical dimension of the Apollo system has been traced from surface over 1,300 metres (800MASL) and remains open at depth for further growth. Two new large capacity rigs are currently drilling the Ramp Zone with the first directional hole (APC-140D1) cutting potentially favorable Ramp Zone Show less Read more
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