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To: Goose94 who wrote (157564)8/8/2023 7:33:37 AM
From: Goose94Read Replies (1) | Respond to of 202843
 
Collective Mining (CNL-V) Aug 8, '23 Encouraging Channel Sampling Results from the Northern Corridor of the Plutus Porphyry Target money.tmx.com

Channel sampling of limited oxidized and weathered outcrop exposures in the northern corridor of the Plutus porphyry target have returned encouraging assay results including:

10.25 metres @ 2.81 g/t gold,13 g/t silver and 186 ppm copper
23.71 metres @ 1.22 g/t gold, 16 g/t silver and 198 ppm copper

The Plutus northern corridor, which is part of the greater Plutus porphyry target area, measures 600 metres along strike (open) by 250 metres wide and hosts mineralized porphyry outcrops which include breccia and quartz vein stockwork.

The initial drill pad at the Plutus northern corridor (PPad1) is now complete and drilling is expected to commence in the coming days. Additional drill pads are being constructed throughout the entire Plutus target area in order to drill a series of holes from multiple pads.

Four rigs are now operating at the Guayabales project with eleven holes completed at the Apollo porphyry system which are currently in the lab for analysis. Additional assay results are expected in the near term.