Collective Mining to Present at Precious Metals Summit Beaver Creek
Collective Mining to Present at Precious Metals Summit
Beaver Creek
Toronto, Ontario, September 1, 2022 – Collective Mining Ltd. (TSXV: CNL) (OTCQX:
CNLMF) (“Collective” or the “Company”) is pleased to announce that Executive Chairman Ari
Sussman will be participating at the upcoming 2022 Precious Metals Summit in Beaver Creek,
Colorado taking place September 13-16, 2022.
The Company will be presenting on Tuesday, September 13th at 1:45pm in Room 1 and
is also available for one-on-one meetings.
Management will be discussing i ts new Apollo discovery at its Guayabales project,
which Executive Chairman Ari Sussman stated on August 29, 2022; “... the Apollo
Main Breccia has all the right markers to evolve into a large-scale discovery.” Notable
intercepts include:
· APC-2: 207.15 metres @ 2.68 g/t AuEq.
· APC-3: 180.6 metres @ 2.43 g/t AuEq.
· APC-5: 268.0 metres @ 1.50 g/t AuEq.
The Company will further update investors on its ongoing 20,000 metre drill program where
management expects to release new assay results over the short-term.
About Collective Mining Ltd.
To see our latest corporate presentation and related information, please visit
www.collectivemining.com
Collective Mining is an exploration and development company focused on identifying and
exploring prospective mineral projects in South America. Founded by the team that developed
and sold Continental Gold Inc. to Zijin Mining for approximately $2 billion in enterprise value,
the mission of the Company is to repeat its past success in Colombia by making significant
new mineral discoveries and advance the projects to production. Management, insiders and
close family and friends own nearly 45% of the outstanding shares of the Company and as a
result, are fully aligned with shareholders.
The Company currently holds an option to earn up to a 100% interest in two projects located
in Colombia. As a result of an aggressive exploration program on both the Guayabales and
San Antonio projects, a total of eight major targets have been defined. The Company has
made significant grassroot discoveries at both projects with near -surface discovery holes at
the Guayabales project yielding 302 metres at 1.11 g/t AuEq at the Olympus target, 163
metres at 1.3 g/t AuEq at the Donut target and recently, at the Apollo target, 207.15 metres at
2.68 g/t AuEq, 89.4 metres at 2.46 g/t AuEg and 87.8 metres at 2.49 g/t AuEg. At the San
Antonio project, the Company intersected, from surface, 710 metres at 0.53 AuEq. ( See
related press releases on our website for AuEq calculations)
Qualified Person (QP) and NI43-101 Disclosure
David J Reading is the designated Qualified Person for this news release within the meaning
of National Instrument 43-101 (“NI 43-101”) and has reviewed and verified that the technical
information contained herein is accurate and approves of the written disclosure of same. Mr.
Reading has an MSc in Economic Geology and is a Fellow of the Institute of Materials,
Minerals and Mining and of the Society of Economic Geology (SEG).
Technical Information
Rock and core samples have been prepared and analyzed at SGS laboratory facilities in
Medellin, Colombia and Lima, Peru. Blanks, duplicates, and certified reference standards are
inserted into the sample stream to monitor laboratory performance. Crush rejects and pulps
are kept and stored in a secured storage facility for future assay verification. No capping has
been applied to sample com posites. The Company utilizes a rigorous, industry -standard
QA/QC program.
Contact Information
Collective Mining Ltd.
Steven Gold, Vice President, Corporate Development and Investor Relations
Tel. (416) 648-4065
FORWARD-LOOKING STATEMENTS
This news release contains certain forward- looking statements, including, but not limited to,
statements about the drill programs, including timing of results, and Collective’s future and
intentions. Wherever possible, words such as “may”, “will”, “should” , “could”, “expect”, “plan”,
“intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other
variations of these words, or similar words or phrases, have been used to identify these
forward-looking statements. These statements reflect management’s current beliefs and are
based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties, and assumptions. Many
factors could cause actual results, performance, or achievements to differ materially from the
results discussed or implied in the forward- looking statements. These factors should be
considered carefully, and readers should not place undue reliance on the forward- looking
statements. Although the forward-looking statements contained in this news release are based
upon what management believes to be reasonable assumptions, Collective cannot assure
readers that actual results will be consistent with these forward- looking statements. These
forward-looking statements are made as of the date of this news release, and Collective
assumes no obligation to update or revise them to reflect new events or circumstances, except
as required by law.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies
of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.