Collective Mining Expands Mineralized Zone of Apollo System

MT newswire2026/09/01 11:12

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07:12 AM EDT, 09/01/2026 (MT Newswires) -- Collective Mining (CNL.TO) discovered a new, northern expansion to the Apollo system, which anchors the company's flagship Guayabales Project in Colombia. Two directional drill holes encountered a new high-grade, gold-dominant zone of mineralization and outlined a 100-meter northern extension to the Apollo breccia body. The results are 141.40 m at 4.88 grams per tonne gold equivalent, including 38 m at 15.46 g/t gold equivalent; and 97.15 m at 1.06 g/t gold equivalent. These intercepts have also resulted in a 170-m vertical extension to the Apollo system and are the deepest holes drilled to date on the northern side of the main Apollo breccia body.

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The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41