Collective Mining Ltd. (TSXV:CNL)


Collective Mining Ltd., earlier known as POCML 5 Inc., is a natural resource mining company primarily involved in the discovery, exploration, and development of mineral assets, mainly gold properties in South America. Since May 28, 2021, Collective Mining Ltd. Has been publicly listed on the TSX Venture Exchange, its common shares trading under the ticker symbol CNL.

The Toronto-based precious metals miner has interests in two exploration projects in Columbia. The San Antonio project consists of porphyry copper, gold, and molybdenum mineralization with hydrothermal alterations located in proximity to the Romeral Fault system. The project is situated roughly 70 kilometers south of Medellin, in Caldas.

Collective Mining has an option to acquire a 100 percent stake in the San Antonio Project, which is spread over a total area of 3,780 hectares. The company has finished geophysical studies and LIDAR surveys at the project site and is currently working on a 5,000 meters drilling program.

The Guayabales project is situated close to the San Antonia Project some 75 kilometers south of Medellin in Caldas. The project is adjacent to the Marmato Gold Deposit. The project consists of high-grade gold (Au), copper (Cu), and molybdenum (Mo) mineralized porphyry and shear zones.

The mineral exploration company holds an option to acquire a 100 percent stake in the project, which spans a total area of 3,333 hectares. The company is engaged in conducting surface exploration activities onsite and has begun maiden drill operations.

In a press release dated June 21, 2021, Collective Mining Ltd. reported an update regarding exploration activities held in the Guayabales Project. The company mentioned that it discovered a cluster of mineralized porphyries and Au-Ag vein structures at the project site. The company identified four new target areas mentioned below:

• The Donut Target

• The Tower Target

• The Olympus Target

• The Victory Target

Collective Mining Inc. is undertaking aggressive exploration and drill operations onsite to advance both projects. In addition to the mining business, the company initiated the Health and Safety Management System to protect its workforce and nearby communities from accidents and occupational diseases.

Contact Information

company address 2100 - 40 King Street West Toronto, Ontario M5H 3C2

company phone416 451-2727

company email[email protected]

company website

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