Northwire Canada EditionTuesday, September 8, 2026
Northwire
GOLD 4444.30 −0.7% SILVER 66.82 +0.1% COPPER 6.83 +2.2% OIL 93.38 +0.7% PALLADIUM 1370.75 −2.4% PER 0.165 +0.0% GZD 0.062 +0.0% CGD 1.51 +0.0% BARU 0.065 +18.2% SLG 5.84 +0.0% CNL 23.10 +0.0% SIG 1.03 +0.0% KCP 0.790 +0.0% TOM 0.190 +0.0% BONE 0.040 +0.0% VCU 1.57 +0.0% CAF 0.335 +0.0% BOL 0.070 −6.7% THM 1.27 +0.0% ARIS 27.74 +0.0% VRB 0.080 +0.0% GOLD 4444.30 −0.7% SILVER 66.82 +0.1% COPPER 6.83 +2.2% OIL 93.38 +0.7% PALLADIUM 1370.75 −2.4% PER 0.165 +0.0% GZD 0.062 +0.0% CGD 1.51 +0.0% BARU 0.065 +18.2% SLG 5.84 +0.0% CNL 23.10 +0.0% SIG 1.03 +0.0% KCP 0.790 +0.0% TOM 0.190 +0.0% BONE 0.040 +0.0% VCU 1.57 +0.0% CAF 0.335 +0.0% BOL 0.070 −6.7% THM 1.27 +0.0% ARIS 27.74 +0.0% VRB 0.080 +0.0%
Resource Estimate Routine +

Collective Mining to Announce Maiden Mineral Resource for its Apollo Deposit After Market Close; Conference Call Scheduled for September 9

Collective will release its maiden resource for the high-grade Apollo system at its Colombian project.

Executive Summary

Collective Mining Ltd. will release its maiden Mineral Resource estimate for the Apollo system at the Guayabales Project after market close on September 8, 2026. The Apollo system is characterized as a large-scale, bulk-tonnage, high-grade gold-silver-copper-tungsten system located in an established mining camp in Caldas, Colombia.

A conference call is scheduled for September 9, 2026, at 8:00 AM ET to discuss the resource, growth opportunities, and planned work programs. Planned work programs include expanding the Ramp Zone, testing the Shallow Halo Zone, drilling the Trap target, and testing greenfield targets. Management, insiders, and a strategic investor own 45.2% of outstanding shares.

Material Impact

The announcement aligns with the accelerated timeline disclosed on August 25, 2026, making it an expected milestone rather than a surprise. The Mineral Resource Estimate (MRE) serves as a critical de-risking step that will transition Apollo from a discovery-stage asset to a defined resource base, paving the way for preliminary economic assessments (PEA) and feasibility studies.

Given the company's history of consistently exceeding internal block model grades and expanding the system's footprint, the market will scrutinize the tonnage and grade estimates closely. This track record includes the 141.4m @ 4.88 g/t AuEq intercept on Sept 1 and the tungsten-enriched subzone on June 29.

CNL · Price
Company Overview

Collective Mining Ltd. is a Canadian-listed exploration and development company focused on the Guayabales and San Antonio projects in Caldas, Colombia. Its flagship Guayabales project is anchored by the Apollo system, a polymetallic intrusion-related deposit enriched in gold, silver, copper, and tungsten. The system features a high-grade Ramp Zone at depth, a near-surface tungsten-rich zone, and a newly discovered oxidized zone at Northern Apollo.

The project benefits from proximity to the Pan-American Highway, hydro-power lines, and an established mining labor pool. It is located adjacent to Aris Mining's Marmato project. The management team includes veterans from Continental Gold, which was sold to Zijin for $1.4 billion, as well as Kinross and GT Gold, which was sold to Newmont.

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