Northwire Canada EditionThursday, November 12, 2026
Sign inSubscribe
Northwire
⌕
Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 991.50 −5.2% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% TWO 0.340 −8.1% BIG 1.03 +8.4% VCG 1.06 −3.6% Gold 3,885.30 −2.9% Silver 50.06 −3.7% Copper 6.19 −1.5% Oil 88.70 +2.5% Palladium 991.50 −5.2% MFG 3.25 −4.7% RAGE 0.295 +0.0% DPM 50.56 −4.2% ARIS 21.08 −4.7% AUEN 0.170 +6.2% FCI 0.540 −1.8% SLI 1.98 −5.3% COCO 0.350 −4.1% BCU 0.060 +0.0% BGF 0.025 +0.0% TDG 0.710 +44.9% PRU 6.04 −4.1% NGEX 21.01 −5.2% TWO 0.340 −8.1% BIG 1.03 +8.4% VCG 1.06 −3.6%
Drill Results

Collective Mining Drills a New Outcropping High-Grade Silver Rich Vein System Along 825 Metres of Strike at the San Antonio Project

Collective Mining Validates Secondary Project with High-Grade Silver Discovery While Agnico-Backed Apollo System Continues to Balloon.

By The Northwire Desk — AI Analysis Jan 13, 2026 · 06:30 CNL · 21.29 Collective Mining Ltd.
Executive Summary

The most recent news release (January 13, 2026) announces a significant grassroots discovery at the San Antonio Project’s "Pound" target in Colombia. Drilling has identified a new outcropping, high-grade, silver-rich vein system extending over 825 metres of strike and 850 metres vertically. Notable intercepts include 1.0m at 42.1 g/t gold (silver-rich vein) and 4.1m at 18.33 g/t gold (gold-dominant vein). The system remains open in all directions. Concurrently, the company confirmed its 2026 drill program is set for a massive 100,000 metres with 14 rigs and finalized 100% ownership of the Guayabales mining license.

Material Impact

This news is materially positive for three reasons: - Validation of San Antonio: Previously, the market focused almost exclusively on the Apollo system at the Guayabales project. This discovery proves San Antonio has high-grade, multi-phase potential (porphyry + high-grade veins), potentially providing a "second leg" to the company’s valuation. - Scalability: The strike length (825m) and vertical extent (850m) of the new vein system at San Antonio are substantial for an initial discovery, suggesting a major mineralized system rather than an isolated pocket. - De-risking Ownership: Finalizing the 100% interest in Guayabales removes any "option-to-earn" uncertainty, securing the company's flagship asset ahead of an anticipated maiden resource estimate in late 2026. - Strategic Momentum: Maintaining a US$135 million cash position allows for one of the most aggressive exploration programs in the junior mining sector (100k metres) without immediate dilution risk.

CNL · Price
Company Overview

Collective Mining is a Canadian-listed explorer focused on the Caldas department of Colombia. Its flagship is the Guayabales Project, specifically the Apollo system. Apollo is a large-scale, bulk-tonnage gold-silver-copper-tungsten breccia system that transitions into a high-grade "Ramp Zone" at depth. The project is located near the multi-million-ounce Marmato mine, providing a clear geological analogue. The company also holds the San Antonio project, which is now showing potential for both porphyry and high-grade vein mineralization.

Read the original news release →

More from Collective Mining Ltd.

Nov 10, 2026 · 06:30

Collective’s deep ramp step-out doubles the vertical extent of the deposit, although high grades trail the prior anchor hole.

Drill Results Nov 03, 2026 · 06:30

Collective reports Broad Ramp intersection with elevated grade-thickness, though total tonnes for the deposit remain pending final calculation.

Drill Results Oct 27, 2026 · 06:30

Collective reports positive step-outs at SHZ, though grade and scale do not reset the thesis.

Drill Results Oct 22, 2026 · 17:00

Collective’s maiden Apollo resource is validated by a NI 43-101 report as drilling momentum continues at the project.

Resource Estimate Oct 20, 2026 · 06:30

Collective’s Ramp Zone extends 340m northwest with grades trailing the southeastern anchor.

Drill Results Oct 13, 2026 · 06:30

Collective reports a 5.5m wide Ag-W intersection and broad SHZ holes near cutoff grade at its project.

Drill Results