Collective Mining Extends Apollo Mineralization and Discovers New Porphyry at Guayabales

An update from Collective Mining ( (TSE:CNL) ) is now available.

Collective Mining reported strong new assay results from ten diamond drill holes at its Guayabales Project in Colombia, including five infill and step-out holes at the flagship Apollo system that intersected long runs of gold-equivalent mineralization, such as 467.35 metres at 1.63 g/t AuEq from 170.10 metres and 261.35 metres at 1.63 g/t AuEq from 432.90 metres. The company said the drilling has improved its internal block model by filling gaps, extending mineralized volumes and upgrading confidence in the resource, while a near-surface intercept in the Hanging Wall Vein Zone and a new lower-grade porphyry discovery at the nearby Plutus target underscore the broader district-scale potential. With approximately US$135 million in cash and plans to drill 80,000–100,000 metres in 2026 using up to 14 rigs, Collective positions itself to rapidly advance Apollo and test additional targets, which could enhance its resource base and value proposition for investors.

The most recent analyst rating on (TSE:CNL) stock is a Buy with a C$16.50 price target. To see the full list of analyst forecasts on Collective Mining stock, see the TSE:CNL Stock Forecast page.

More about Collective Mining

Collective Mining Ltd. is a precious and base metals exploration company focused on its flagship Guayabales Project in Caldas, Colombia, where it is advancing the Apollo system, a large Reduced Intrusion Related System enriched in gold, silver, copper and tungsten. The company is heavily focused on resource growth through extensive diamond drilling programs at Guayabales and the nearby San Antonio project, supported by a strong cash position to fund aggressive exploration activity.

Average Trading Volume: 238,882

Technical Sentiment Signal: Buy

Current Market Cap: C$1.78B

For detailed information about CNL stock, go to TipRanks’ Stock Analysis page.