Collective Mining
Financials:
Primary ticker: TSXV:CNL, OTC:CNLMF
Stage of development: Exploration
Primary minerals: Gold, Copper, Silver, Base Metals
Project to promote: Guayabales Project, Caldas (Colombia)
Project location: Colombia
Website: www.collectivemining.com
Corporate presentation: Click here
Corporate video: Click here
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 a significant new mineral discovery and advancing the projection to production. To date, the Company has made four grassroots discoveries with the flagship at the Apollo Target, which is profiled by long intercept, high-grade drill holes including APC-2, which intersected 207.15 metres @ 2.68 g/t AuEq and APC-8, which intersected 265.75 metres @ 2.44 g/t gold equivalent
Cash: USD$8.3 M
Debt: NIL
Major shareholders:
PowerOne Capital – 25%
Management Ownership – 44.5%
Management Profile
David Reading – Special Advisor
Mr Reading has over 40 years of expertise in the global gold mining and base metal industries within the fields of exploration, feasibility, project development and mining. He was Special advisor to Continental Gold up until the Zijin sale, the former CEO of European Goldfields and previously head of exploration for Randgold Resources. Over the last ten years he has consulted to various Toronto and London based mining groups with assets in the Americas and the rest of the world. Mr Reading has an MSc in Economic Geology and is a fellow of the Institute of Materials, Minerals and Mining (IOM3) and the Society of Economic Geologists (SEG).
Steven Gold – Vice President, Corporate Development & Investor Relations
Steven has nearly twenty years of experience in capital markets within the natural resources sector. Most recently, Steven worked at Energold Drilling Corp. and IMPACT Silver Corp. in the CFO, business development and investor relations roles across North America, Europe and in the Asian-Pacific region.
What is your rationale for taking part in 121 Mining Investment?
To introduce the Company to potential investors and update existing investors.
What recent news would you like to highlight to investors attending?
June 22, 2022: Collective Mining Makes a Significant New Discovery at the Apollo Target by Drilling 87.8 Metres at 2.49 g/t Gold Equivalent
August 10, 2022: Collective Mining Drills 207.15 Metres @ 2.68 AuEq at its Newly Discovered Apollo Target
August 29, 2022: Collective Mining Drills 180.6 Metres Grading 2.43 g/t Gold Equivalent in the Newly Discovered Main Breccia at the Apollo Target
September 13, 2022: Collective Mining Expands the Main Breccia Discovery at Apollo and Drills 265.75 Metres at 2.44 g/t Gold Equivalent
September 22, 2022: Collective Mining Discovers the Outcrop at Surface of the Main Breccia Discovery at Apollo
September 27, 2022: Collective Mining Makes its Fourth Grassroots Discovery at its Guayabales Project by Drilling 102.2 Metres at 1.53 g/t Gold Equivalent at the Trap Target
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
The Company intends to continue to execute on its 20,000 metre, full-funded 2022 drill program. The Company will continue to drill the Apollo Target where recent success has included multi-hundred metre intercept and high-grade assay results. In doing so, management expects to continue to deliver results to the investment community on a regular basis through year-end.
6 Months:
As the Company embarks on a 2023 drill program in the New Year, goals include continuing to expand the Apollo Target while investing in exploration across the Company’s other targets of which 75% remains unexplored.
12 Months:
Over the next year, Company management intends to deploy additional drilling rigs to the Company’s eight exciting drill targets across the project.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Collective Mining is one of the most active explorers in the Country. With a highly prospective asset base, a strong ESG team and technical/geological know-how, management will seek to maintain its aggressive drilling plan while ensuring all required supports are in place to move the project forward.
What do you think makes your company such a compelling investment?
The Company’s industry-leading drilling success to-date has resulted in top tier intercept length and grade. Given the Company’s current valuation, there is potential for millions of ounces of resource in just one of the Company’s targets explored to date.
What are the top 3 key investor takeaways?
1. Multi-million ounce potential at the Apollo Target
2. Exceptional results to date including multi-hundred metre intercepts at grades of up to 2.5 g/t AuEq
3. Done-it-before management. The team was responsible for exploring, permitting and building the largest gold mine in Colombia (sold to Zijin Mining in 2020 for $2 Billion EV)