Collective Mining disclosed a 24.80‑metre intercept at 29.42 g/t gold within a 63.90‑metre interval at 13.46 g/t gold, measured from a depth of 388.25 m in drill hole APC143‑D2, the deepest and northeasternmost hole drilled to date in the Apollo Ramp Zone.
The intercept extends the mineralized envelope to 315 m along strike and 300 m vertically, confirming that the Ramp Zone remains open in all directions. The high‑grade interval demonstrates the continuity of the Apollo system, a large‑scale, high‑grade, partially reduced intrusion‑related deposit enriched in gold, silver, copper and tungsten. The discovery reinforces the company’s view that the Guayabales project contains a bulk‑tonnage, high‑grade resource capable of delivering economically viable production at scale.
Collective Mining plans to deliver a maiden resource estimate in early 2026, incorporating the new data. The company’s cash position—US$135 million as of December 1, 2025—fully funds its 2026 exploration program. Management highlighted the significance of the find, noting that “the intercept not only marks the highest‑grade gold interval ever drilled at Ramp but also demonstrates remarkable continuity of mineralization across the interval.” The Apollo system also hosts the first hard‑rock tungsten discovery in Colombia, adding a strategic commodity to the project’s value proposition.
Investors have responded positively to the high‑grade intercept and the expansion of the known mineralized envelope. The result strengthens confidence in the Apollo system’s potential for a large‑scale deposit and supports the company’s trajectory toward a definitive resource definition. The company’s experienced management team, with a track record of building and selling successful mining ventures, further underpins investor confidence.
The next phase of the exploration program will focus on drilling additional step‑out holes to delineate the full extent of the Ramp Zone and to refine the resource model. Successful definition of the resource will position Collective Mining to pursue a commercial mine or to attract strategic partners, thereby advancing the Guayabales project toward production.
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