USA News Group News Commentary Issued on behalf of Rua Gold Inc. USA News Group News Commentary - Since March, the ongoing gold rally has been attracting investors back to mining stocks. As the precious metal reaches record highs, mining stocks have been rising too, defying markets that outside the metal have undergoing turbulence caused by the "Trump Blink" on tariffs. Several miners from juniors to majors have been [...]
Drill hole APC104-D6 extended the first high-grade sub-zone drill tested by the Company to date by up to 70 metres vertically by intersecting 114.50 metres @ 5.00 g/t gold equivalent within 263.85 metres at 3.10 g/t gold equivalent. Hole APC104-D6 was drilled below previously announced holes APC104-D2 and APC104-D5, which intercepted 181.35 metres @ 5.38 g/t AuEq** and 106.35 metres at 9.05 g/t AuEq**, respectively. Drill [...]
Collective Mining is pleased to announce plans for an expanded drill program following the successful completion of its recent financing for C$63.4 million. With a robust treasury totaling more than US$78 million, the Company is more than fully funded for an expanded 70,000 metre drill program in 2025. The revised program will now include up to ten diamond drill rigs in operation across the Guayabales and San Antonio [...]
Collective Mining Ltd. , has today filed with the U.S. Securities and Exchange Commission its SEC Annual Report on Form 40-F for the year ended December 31, 2024. This includes the Company's Annual Information Form, audited Financial Statements and Management's Discussion & Analysis for the year ended December 31, 2024. Collective's shareholders may receive a hard copy of the Company's complete audited Financial [...]
Collective Mining Ltd. is pleased to announce the closing of Agnico Eagle Mines Ltd.'s investment in Collective pursuant to which Agnico Eagle subscribed for 4,741,984 common shares in the capital of the Company at a price of C$11.00 per Share for aggregate consideration of approximately C$52.1 million . Concurrently with the closing of the Offering, Agnico Eagle exercised all of the common share purchase warrants of [...]
Collective Mining Ltd. is pleased to announce that it has entered into an agreement with Agnico Eagle Mines Ltd. pursuant to which Agnico Eagle has agreed to subscribe for 4,741,984 common shares in the capital of the Company at a price of C$11.00 per Share . Closing of the Offering is conditional upon, among other things, Agnico Eagle concurrently exercising the common share purchase warrants of the Company it currently [...]
Drill hole APC105-D1 cut 75.80 metres at 8.01 g/t gold equivalent and represents the longest and best intercept on a grade accumulation basis encountered to date in the new Ramp Zone discovery. Drill hole APC103-D3 intersected 20.30 metres @ 6.68 g/t gold equivalent before entering a post mineral dyke at an oblique angle and being terminated. The two holes announced in this press release have expanded the Ramp Zone [...]
Drill hole APC104-D5, which was designed to intercept the same high-grade sub-zone discovered in hole APC104-D1 at a deeper elevation, intersected 106.35 metres at 9.05 g/t gold equivalent within 497.35 metres at 3.01 g/t gold equivalent. On a grade accumulation basis , APC104-D5 yielded 1,499 g/t gold equivalent and is the best hole drilled to date at Apollo. The Apollo sub-zones are broad mineralized high-grade areas [...]
Collective Mining Ltd. is pleased to announce the appointment of Jasper Bertisen to its Board of Directors effective immediately. Ari Sussman Chairman of Collective's Board of Directors commented, "Jasper is a well-seasoned executive in the mining industry with a strong background in the evaluation of mining projects from both technical and financial perspectives. His ability to provide strategic guidance in advancing our [...]
Drill Hole APC103-D2 cut an impressive 51.95 metres grading 8.38 g/t gold equivalent in the New Ramp Zone discovery and is the deepest hole ever drilled at the Apollo system with the hole bottoming in mineralization at approximately 1,200 metres below surface. Both holes announced herein have expanded the recently discovered high-grade Ramp Zone by approximately 50 meters along strike and 150 metres vertically. The Ramp [...]
Collective Mining Ltd. is pleased to announce that it has commenced drilling at the San Antonio Project , located in Caldas, Colombia. The Company plans to drill a minimum of 2,500 metres and test three large gold-copper porphyry targets located within a well-defined 2.5-kilometer mineralized corridor. The Company currently has five drill rigs operating as part of its fully funded 60,000-metre drill program for 2025. Two [...]
Hole APC104-D2 was drilled orthogonally across Apollo and successfully extended the high-grade subzones originally intersected in drill hole APC104-D1 by up to 50 metres laterally. As a reminder, discovery hole APC104-D1 was announced on December 16, 2024, and cut 150.55 metres at 6.16 g/t AuEq within 534.40 metres at 2.70 g/t AuEq. Two additional holes to test the high-grade subzones have been completed and are in the [...]