11:49 AM EDT, 10/29/2025 (MT Newswires) -- (Updates shares.)

Collective Mining ( CNL ) Wednesday released assay results from the Apollo system of the Guayabales project in Colombia targeting gaps in the internal block model within the top 1,000 vertical meters of the system.

Drilling has also expanded the western side of the Apollo system by up to 50 meters by intersecting high-grade mineralization.

Highlights of the results include 486 meters at 2.01 grams per tonne gold equivalent from 54.1 meters downhole and 114.30 meters at 2.08 g/t gold equivalent from 324.45 meters downhole.

The company expects to complete a maiden resource estimate for the Apollo system in the fourth quarter of 2026.

Collective Mining ( CNL ) is also finalizing plans for drilling campaign of 80,000-100,000 meters in 2026 across the Guayabales and San Antonio projects.

Apollo is strongly mineralized from surface to over 1,300 vertical meters, is open at depth, and is the most advanced discovery made to date within Guayabales project.

Collective Mining's ( CNL ) shares were last seen up $0.81 to $16.38 on the Toronto Stock Exchange.

Price: 16.38, Change: +0.81, Percent Change: +5.20