Mining Stock Daily Collective Mining says San Antonio Drill Results Showing Potential for Another Porphyry Discovery
May 13, 2025
Ari Sussman, CEO of Collective Mining, shares exciting updates on the San Antonio project, showcasing promising gold-copper drilling results that hint at a new porphyry system. He discusses strategic advantages linked to its location and infrastructure, sparking optimism for significant discoveries. The conversation also highlights recent management changes and the influence of geopolitical factors, particularly Colombia's potential connection to China's Belt and Road Initiative, affecting future investments in the mining sector.
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San Antonio Porphyry Potential
- The San Antonio project shows promising signs of a new gold copper porphyry system through recent drilling.
- Proximity to existing infrastructure and the Guayabalas project enhances its exploration and potential development value.
Strategic Location Advantage
- San Antonio lies just two kilometers from Guayabalas, sharing excellent infrastructure like power and roads.
- This proximity allows for potential integrated mining operations and cost savings via shared facilities.
Efficient Porphyry Drilling Strategy
- Use two drill rigs to efficiently explore porphyry systems and find the economic core.
- Expect some drilling misses as exploring large targets involves hitting the sweet spot progressively.