$CNL.TO

Collective Mining Progresses Exploration Adit At Guayabales Project

Collective Mining (CNL.TO) has progressed work on an exploration adit at the Guayabales project in Colombia, with construction expected to break ground in the fourth quarter, the company said Wednesday.The exploration adit will provide underground drilling access, enhancing the company's ability to advance the project's geotechnical and hydrological characterization. It will also provide access for the future collection of metallurgical bulk samples, which will be important in supporting future project studies.Detailed engineering studies and execution plans have progressed, and the company is now advancing through the relevant permitting track.Collective has also completed various early activities, including completing the construction of an explosives storage facility, which has been inspected and approved for compliance by the relevant authorities."The progress on our exploration adit marks an important step in accelerating our understanding of the system from underground and advances the Guayabales project towards our ultimate goal of production," chief executive Ned Jalil said.Meanwhile, Collective appointed Josue Romanos as its new vice president, projects.

Collective Mining Providing Progress Update on Exploration Adit and Appoints Josue Romanos as Vice President, Projects

Collective Mining Discovers New Precious Metal-Rich Oxide Zone at Apollo Target Area

Collective Mining (CNL.TO) has made a new discovery of a zone of precious metal-rich oxidized mineralization in the northern portion of the Apollo target area at the Guayabales project in Colombia, the company said on Wednesday.Assay results for seven diamond drill holes have delineated a new and outcropping zone of oxidized gold and silver rich mineralization.Drilling and surface mapping have traced a continuous corridor of oxide gold-silver mineralization measuring about 700 meters in strike length by 200 m width and up to 100 m depth. Follow-up expansion drilling is underway.Highlights of the results include 71.20 m at 1.95 grams per tonne gold equivalent, 56.00 m at 1.42 g/t gold equivalent and 21.00 m at 2.14 g/t gold equivalent.With US$113.3 million in cash as of March 31, the company is fully funded for its planned 2026 program, which envisions up to 100,000 meters of drilling.

Collective Mining Cites Intercepts Including 71.20 Meters at 1.95 g/t Gold Equivalent (0.75 g/t Au and 87 g/t Ag) from Surface

Collective Mining Says Discovered a Precious Metal-Rich Oxide Zone at Northern Apollo

Collective Mining Provides High-Grade Gold Results from Guayabales Project in Colombia

Collective Mining (CNL.TO) discovered high-grade gold in maiden holes targeting the western side of the Ramp zone at the Guayabales project in Colombia.Highlights include 23.15 meters at 4.61 grams per tonne (g/t) gold and 11 g/t silver, 5.30 m at 37.04 g/t gold and 28 g/t silver, and 8.60 m at 6.51 g/t gold and 13 g/t silver.The results demonstrate the potential of the Ramp zone, noting that expanding the zone along strike and to depth remains possible.Collective will test the entire circumference with seven dedicated drill rigs in 2026, the company said.To date, Collective has completed 177,000 meters of diamond drilling across the Guayabales and San Antonio projects, including 115,000 meters at the flagship Apollo system.The company is fully funded for its planned 2026 program, which envisions up to 100,000 meters of drilling.

Collective Mining Says Discovered High-Grade Gold In Maiden Holes Targeting Western Side of Ramp Zone At Depth

Collective Mining to Commence Drilling at Trap Target in May

Collective Mining (CNL.TO) will begin drilling at the Trap target in May after receiving a key exploration title from the Colombian National Mining Agency and a key outstanding tenement to fully consolidate the target area, the company said Thursday.The Trap target is located about 3.5 kilometers to the northeast of the flagship Apollo system of the Guayabales project in Colombia.Total consideration for the tenement acquired by the company from an arms-length third party entity is US$3.5 million, to be satisfied in three equal installments.The key exploration title covers the northwestern trending extension of the sheeted vein system and a newly generated large porphyry target. Drilling aims to test the 850-meter extension and a new large gold-copper porphyry anomaly.Trap is a large-scale gold-copper porphyry target, a priority exploration target and part of the growth strategy for the Guayabales project, the company said.

Collective Mining To Test a New 850-Meter Extension to Sheeted Vein System Corridor and a New Large Gold-Copper Porphyry Anomaly

Collective Mining to Commence Drilling at Trap Target