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Collective Mining reports maiden Apollo mineral resource of 85.2 Mt at Guayabales Project
CNLCollective Mining Ltd.
Collective Mining Ltd. filed a NI 43-101 technical report documenting the first mineral resource estimate for the Apollo deposit at its Guayabales Project in Colombia, effective August 31, 2026. The maiden estimate comprises 85.2 million tonnes of combined Indicated and Inferred resources grading 2.17 g/t AuEq and 1.83 g/t AuEq respectively. Total contained metal is estimated at 5.41 million ounces of gold equivalent (AuEq). The resource includes 37.0 Mt of Indicated material and 48.2 Mt of Inferred material, with no Measured resources or Mineral Reserves reported. Metallurgical testwork indicates high recoveries for gold, silver, copper, and tungsten using conventional gravity, flotation, and cyanidation processes. The Qualified Persons recommend an advanced exploration program of approximately 125,000 metres of drilling to expand the resource and upgrade classifications ahead of a Preliminary Economic Assessment expected in 2028. Collective Mining Ltd. is an exploration-stage mining company focused on mineral projects in Colombia.