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Collective Mining Secures Additional Mining Titles Near Guayabales Project in Colombia

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Collective Mining (CNL.TO) has been granted additional mining titles by the Colombian National Mining Agency, following a public hearing in the municipality of Supia.

The newest titles are in the area of the company's Guayabales Project area and are expected to improve Collective's long-term exploration flexibility. The titles also provide additional optionality for future infrastructure planning, access and district-scale target generation, a statement said.

These mining titles are in addition to the ones that were granted on April 10.

Collective has so far completed 184,000 meters of diamond drilling across the Guayabales and San Antonio projects.

It confirmed that it has $113.3 million in cash and is fully funded for its 2026 program, which includes up to 100,000 meters of drilling. Collective has 13 diamond drill rigs across the Guayabales Project.

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