Collective Mining (TSX, Nasdaq: CNL) aims to submit an environmental licence application for its Apollo deposit in Colombia by mid-2027 while continuing to drill beyond its initial resource, Executive Chairman Ari Sussman says.
The company has 13 rigs operating across its Guayabales project in Caldas department and plans another 120,000 metres of drilling at Apollo before a resource update is due by late next year. He said early engineering work would help shape development plans and reduce the risk of costly changes during construction.
“The number one lesson, bring the engineers in way earlier than you think,” Sussman told The Northern Miner’s Western Editor, Henry Lazenby, late last month in Colorado Springs. “Once you start construction of any mine, you can’t really change what you’re doing once it starts.”
Apollo’s first resource, released in September, outlined potential for both open-pit and underground mining, giving Collective more development options to assess. Sussman expects a preliminary economic assessment alongside or shortly after the resource update.
Watch the full interview below:
Source: www.northernminer.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.
