⛏ New Discovery in Colombia

PLUS: Andean Expansion

Greetings Contrarian,

Source: Trading Economics, Numerco.

This is The Next Big Rush, your daily drop of mining and energy investing news. Where we come together and enjoy the year-end break.

Here are the highlights:

πŸ‘ New Discovery in Colombia

πŸ˜‰ Andean Expansion

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πŸ‘ New Discovery in Colombia

Collective Mining Ltd. (TSX: CNL, OTCQX: CNLMF) announced today its exploration plans for 2024 at the Guayabales project, assay results for a new discovery at the ME target and final assay results for holes from a recently discovered mineralized zone in the northwest portion of the large Plutus target.

Highlights:

  • 111.25 m of 1.00 g/t gold equivalent

  • 55.40 m of 1.20 g/t gold equivalent

The Company has completed 82 drills holes comprised of approximately 36,060 metres of diamond drilling during 2023 at the Guayabales project with pending assay results for numerous holes expected in January 2024.

πŸ˜‰ Andean Expansion

Andean Precious Metals Corp. (TSXV: APM) (OTCQX: ANPMF)  just came out with news of an updated mineral reserve and resource estimate for the Company's San BartolomΓ© mine and mill operations, the largest commercial oxide processing facility in Bolivia.

Highlights:

  • Measured and Indicated mineral resources of 6.1 Mt grading 98 g/t silver, containing 19.0 million silver ounces, including

  • 2P mineral reserves of 5.1 Mt at 93 g/t silver, with 11.95 million recoverable silver ounces

Andean sits at a C$95m market cap.

πŸ“° In Other News:

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The Editor

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

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