04:30 PM EDT, 06/24/2025 (MT Newswires) -- Collective Mining ( CNL ) after close of trade Tuesday released further assay results from its ongoing gold drilling in the Guayabales Project in Caldas, Colombia.

Best results from assays on five holes in the HZ2 sub-zone within its Apollo discovery on the property included 114.4 meters testing at 4.4 gold equivalent grams per tonne and 159.05 meters testing at 3.01 gold equivalent grams per tonne.

"Apollo continues to deliver in terms of size and grade," said Executive Chairman Ari Sussman. "The discovery of HZ2 is pleasing as this zone is surprisingly rich in copper and silver over bulk tonnage drilled widths."

The company's shares closed down $0.56 to $13.11 on the Toronto Stock Exchange.