Gold and other precious metals play a critical role in modern society — both as a store of value and for achieving a low-carbon future. More mining companies are responding to the demand for these resources. Here’s a glimpse of eight companies exploring for gold and precious metals.
Collective Mining (TSXV: CNL; US-OTC: CNLMF), a Toronto-based explorer, is focused on extending the main breccia discovery at its Apollo target, part of the company’s flagship Guayabales project located in the department of Caldas, Colombia.
In late February, Collective Mining released assay results from its second phase of drilling consisting of six holes drilled in 2023. To date it has drilled a total of 32 holes for 15,400 metres at the project. Highlights include hole APC-31, which cut 384.7 metres grading 2.46 grams gold equivalent per tonne (1.17 grams gold, 43 grams silver and 0.37% copper), including 109.8 metres at 4.14 grams gold equivalent from surface.
Commenting on the results, Collective CEO Ari Sussman said the year was off to an “excellent start.”
“Not only did drill hole APC-31 confirm for the first time that the high-grade copper-silver-gold mineralization in the Apollo porphyry system comes right to surface, but also that there is a significant zone of high-grade oxide mineralization,” he said.