Interview with Ari Sussman, Executive Chairman of Collective Mining Ltd.

Our previous interview: https://www.cruxinvestor.com/posts/collective-mining-tsxcnl-advancing-district-scale-copper-gold-discovery-3932

Recording date: 23rd November 2023

Funded for Aggressive Drilling at High-Grade Apollo and Copper Targets in Colombia

Canadian junior explorer Collective Mining is actively drilling their Guayabales project in Colombia, aiming to expand the recently discovered Apollo gold-copper system and test new copper porphyry targets along trend.

With a robust cash balance of $20M as of September 2023 and low $1M monthly burn rate, the company anticipates their exploration budget will fund up to 20 months of drilling activity. Significant assays pending from Apollo illustrate resource growth potential and visual mineralization has already expanded its strike length.

In addition to Apollo follow-up, the focus is rigorously drill testing the Trap discovery showing comparable early indicators to Apollo such as thick mineralized intercepts, intense hydrothermal alteration and a known 1.5 km strike length. Assay results will inform immediate next steps and expansion drilling at Trap.

Collective Mining’s executive chairman Ari Sussman still sees extensive running room for new discoveries in Colombia and considers it one of the most promising global jurisdictions for explorers thanks to permitting taking just 10 months versus 12 years in the US.

The company also continues generating and advancing grassroots targets across the wider project based on methodical data analysis, aiming to replicate the exploration success they had discovering and outlining Continental Gold's Buriticá deposit, the largest gold mine now operating in Colombia.

With metals supply issues and rising demand due to global conflicts and energy transition requirements, Sussman believes now marks the critical time to continue aggressively exploring copper and precious metals projects. As markets eventually recover, funded front-runners like Collective Mining with active discovery drilling stand to emerge as consolidators.

—

View Collective Mining's company profile: https://www.cruxinvestor.com/companies/collective-mining

Sign up for Crux Investor: https://cruxinvestor.com