Recent Updates — CNL
Collective Mining Ltd. announced a maiden Mineral Resource for the Apollo deposit at its Guayabales Project in Colombia, establishing a foundation for a major mining development. The Indicated Mineral Resource totals 37.0 million tonnes grading 2.17 g/t AuEq for 2.58 million ounces of gold equivalent, while Inferred Resources total 48.2 million tonnes at 1.83 g/t AuEq for 2.83 million ounces. The resource includes a high-grade open-pit component of 22.5 million tonnes at 2.06 g/t AuEq and an underground Ramp Zone with 1.29 million tonnes at 4.74 g/t AuEq. Management is accelerating environmental and technical studies, targeting submission of an environmental license application in the second half of 2027. Collective Mining Ltd. operates as a gold, silver, copper, and tungsten exploration company focused on developing mineral projects in Colombia.
Collective Mining Ltd. announced drill results from its Guayabales Project in Colombia, revealing a significant northern extension to the Apollo breccia body. Directional holes APC172-D2 and APC172-D1 intersected 141.40m @ 4.88 g/t AuEq and 97.15m @ 1.06 g/t AuEq, respectively, extending the system vertically by 170 meters. Additional infill drilling confirmed continuity within the internal block model, with hole APC160-D3 returning 171.65m @ 2.13 g/t AuEq. The company holds US$93.7 million in cash and operates 13 diamond drill rigs for its planned 2026 program of up to 90,000 meters. Collective Mining Ltd. is a gold, silver, copper and tungsten exploration company with projects in Caldas, Colombia.
Collective Mining Ltd. reported robust metallurgical recovery rates from the Apollo system at its Guayabales Project in Colombia, achieving 95% gold, 92% silver, and 85% copper recoveries using conventional processing methods. Preliminary testing on high-grade material from the Ramp Zone yielded up to 96% gold recovery. The company accelerated its timeline and now expects to release a maiden mineral resource estimate in September 2026. Collective Mining Ltd. is an exploration-stage mining company focused on developing polymetallic deposits in Colombia.