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Company Interviews

Collective Mining (TSX:CNL) - Advancing District-Scale Copper-Gold Discovery

19 Sep 2023

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Interview with Ari Sussman, Executive Chairman of Collective MiningOur previous interview: https://www.cruxinvestor.com/posts/collective-mining-cnl-previous-2b-sale-shows-way-for-new-venture-2880Recording date: 14th September 2023Collective Mining is focused on making large-scale copper-gold discoveries at its Guayabales project in Colombia. The company has intersected high-grade mineralizationstarting at surface, with impressive bulk tonnage potential.In a recent interview, Executive Chairman Ari Sussman explained why Collective's share price has strongly outperformed peers despite weak markets. The project contains a porphyry system overprinted by high-grade gold-silver veins, yielding exceptional grades over long intervals. Five of six initial targets have resulted in discoveries.With approximately $23 million in cash, Collective is fully funded for two years of drilling at its current pace. While additional rigs could accelerate the program, the company is taking a prudent approach given tight equity markets. The aim is to systematically test and expand the multiple zones at Guayabales.According to Sussman, the deposit shows all the hallmarks of a future mine based on drill results improving with depth and scale. Once the system is fully defined, the company will shift focus to infill drilling and formal economic studies.Given Sussman's track record of success in Colombia, including the $2 billion takeover of Continental Gold in 2020, Collective is positioned to create significant value at Guayabales. The company offers leverage to further high-grade results as drilling continues to delineate a potentially world-class copper-gold district.With approx. 45% insider ownership and minimal institutional presence, Collective has room to broaden its share registry over time. The current share price does not reflect the project's outstanding early potential. But systematic exploration and positive results could attract increasing investor interest in a recovering market.—View Collective Mining's Company Profile: https://www.cruxinvestor.com/companies/collective-miningSign up for Crux Investor: https://cruxinvestor.com

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