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Collective Mining ( (TSE:CNL) ) has issued an announcement.
Collective Mining has announced significant drilling results from its San Antonio Project’s Pound target, revealing a high-grade porphyry system with a strike length of at least 450 metres, which is open in all directions. The discovery is part of a larger mineralized halo measuring 3 kilometres by 3 kilometres. The company is actively drilling with eleven rigs across its projects, aiming to expand and identify new high-grade mineral zones, which could enhance its industry position and offer promising implications for stakeholders.
The most recent analyst rating on (TSE:CNL) stock is a Buy with a C$18.00 price target. To see the full list of analyst forecasts on Collective Mining stock, see the TSE:CNL Stock Forecast page.
More about Collective Mining
Collective Mining Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in discovering and expanding high-grade porphyry systems, with significant projects in Colombia, including the San Antonio and Guayabales projects.
YTD Price Performance: 146.80%
Average Trading Volume: 164,295
Technical Sentiment Signal: Buy
Current Market Cap: C$1.28B
Learn more about CNL stock on TipRanks’ Stock Analysis page.