Collective Mining Files NI 43-101 Technical Report for Maiden Mineral Resource for the Apollo Deposit
Collective’s maiden Apollo resource is validated by a NI 43-101 report as drilling momentum continues at the project.
Collective Mining Ltd. has filed an independent NI 43-101 Technical Report that supports the maiden Mineral Resource estimate for the Apollo deposit at its Guayabales Project in Colombia. The report validates the technical basis for the resource figures previously disclosed on September 8, 2026, which confirmed 2.58 million ounces of Indicated AuEq and 2.83 million ounces of Inferred AuEq.
The company also reiterated its current operational status, noting that 13 diamond drill rigs are operating and that it holds $93.7 million in cash. Planned 2026 drilling programs are targeting the Ramp Zone and Shallow Halo Zone.
Looking ahead, Collective Mining expects the arrival of deep-drilling rigs and plans to drill the Ramp Zone to 0 masl, approximately 2 km depth, in 2027. An updated resource estimate is expected in Q4 2027–Q1 2028.
Collective Mining Ltd. (CNL) released an independent technical report on October 22, a standard regulatory compliance step following the maiden Mineral Resource announcement on September 8, 2026. The release contains no new geological data, financial updates, or strategic shifts, confirming that the company is adhering to its stated timeline for technical validation and permitting preparation.
Collective Mining Ltd. (CNL) is an advanced exploration and early development company focused on the Guayabales Project in Caldas, Colombia. The project’s flagship Apollo deposit is a large-scale, bulk-tonnage, polymetallic system enriched in gold, silver, copper, and tungsten. Located in an established mining camp with ten fully permitted and operating mines, the site sits adjacent to the Pan-American Highway and hydro-power infrastructure.
Management is led by veterans from Continental Gold and Kinross Gold, bringing a strong track record in discovering and developing major gold assets in Latin America. In addition to Guayabales, the company holds the San Antonio Project, which features high-grade silver and gold vein systems, as well as the Trap target, which is currently being evaluated as a potential second working front.