
Ari Sussman
@Ariski73 • 1,176 subscribers
Chairman of Collective Mining $CNL & will not settle for anything less than making another major discovery in Colombia.
Shorts
Two shareholders asked me why is $CNL drilling the San Antonio project (2 rigs) when we have a major discovery in Apollo (Guayabales project)? Answer: How can we ignore a potentially giant system located next to the Pan American highway and hydroelectric power lines only a few km’s away from Guayabales? San Antonio is without question a big & intensely altered system with porphyry style mineralization traced for more than 3km with the following attributes: 1. Multiple styles of porphyry related mineralization encountered through drilling incl. copper and gold porphyry mineralization, late stage CBM veins and sulfosalts. 2. Hole SAC-11 discovered a porphyry system by intersecting 290.2m @ 0.58 g/t Au, 3 g/t Ag and 0.17% Cu. We are hunting for the source of this mineralization 3. We continue to cut potential mineralization in subsequent follow up holes. See the video below of drill core tray from a recent hole cutting intense altered rocks enriched in sulphides. Caution** wait for assay results, which are expected in August. The prize at San Antonio is potentially very large, a nice complement to our Apollo system. If we find a deposit at San Antonio, could it feed the same mill as Apollo?
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