Collective Mining Advances Guayabales Exploration Adit Toward Q4-2026 Construction; Underground Drilling at Trap to Commence in Q1-2027
Collective advances the Guayabales adit toward a Q4 completion while delaying Trap underground drilling to early 2027.
Collective Mining Ltd. (CNL) has confirmed the completion of a 1.8-kilometer access road leading to the Guayabales exploration adit portal, with box-cut activities beginning immediately. The company states that adit construction is on schedule to commence in the fourth quarter of 2026, which will enable underground access for drilling operations.
Underground exploration drilling at the Trap East greenfield target is now slated to begin in the first quarter of 2027. Historical results from the Trap System have highlighted high-grade intervals, including TRC-26, which returned 2.80 meters at 234.15 grams per tonne of gold, and TRC-14, which returned 30.00 meters at 4.96 grams per tonne of gold equivalent.
One drilling rig is currently testing a northwest extension of the Trap system, with initial assay results expected in late September. The company emphasizes local employment sourcing from Caldas and community engagement as part of its operational approach.
Collective Mining Ltd. confirmed that adit construction remains on track for completion in the fourth quarter of 2026, aligning with prior management guidance. The company also announced that underground drilling at the Trap project is scheduled for the first quarter of 2027, a minor logistical sequencing adjustment rather than a fundamental project delay.
The update introduces no new financial data, strategic pivots, or unexpected catalysts, focusing instead on infrastructure readiness and exploration sequencing.
Collective Mining Ltd. (CNL) is an exploration-stage company focused on the Guayabales and San Antonio projects in the Caldas Department of Colombia. Its flagship Guayabales project is anchored by the Apollo system, a polymetallic deposit enriched in gold, silver, copper, and tungsten. The company is advancing toward a maiden resource estimate and technical studies, with an exploration adit planned to facilitate underground drilling and metallurgical sampling. The San Antonio project hosts a high-grade silver-gold vein system at the Pound target. No production has commenced; the company is in the advanced exploration phase.