Collective Mining (CNL) said Monday it has begun drilling at its San Antonio project in Colombia, aiming to test three gold-copper porphyry targets within a 2.5-kilometer mineralized corridor as part of its 2025 exploration program.
The mining company said it plans to drill at least 2,500 meters at the San Antonio site, targeting areas dubbed as Pound, Real, and Euro. Drilling has started at the Pound target where prior work in 2021 indicated mineralization, including intercepts of 710 meters at 0.53 grams per ton gold equivalent and 750 meters at 0.41 g/t gold equivalent.
Additional drilling at the Real and Euro targets is expected in Q1, Collective Mining added.
The company also said it is conducting this program as part of its fully funded 60,000-meter drilling plan for 2025, which involves five operating drill rigs, with two more expected to begin work in January and February.
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