Collective Mining Hits Record High-Grade Intercept as Apollo’s Ramp Zone Grows at Depth

Collective Mining ( (TSE:CNL) ) just unveiled an update.

Collective Mining reported its highest-grade and deepest intercept to date at the Apollo system’s Ramp Zone, with hole APC143-D3 returning 58.10 metres grading 21.33 g/t gold, including 27.00 metres at 43.13 g/t gold, from about 1,410 metres below surface. The result significantly expands the known dimensions of the Ramp Zone to 300 metres along strike, 100 metres in width and 310 metres vertically, while remaining open in all directions, and supports a new geological model suggesting substantial additional high-grade potential around the untested outer margins of the breccia body. Backed by US$135 million in cash and an aggressive 2026 drilling program of up to 100,000 metres with as many as 14 rigs, the company is positioning Apollo as a prospective large-scale underground mine that could become one of Colombia’s next major gold and critical minerals operations, with meaningful implications for its growth trajectory and stakeholder outcomes.

The most recent analyst rating on (TSE:CNL) stock is a Hold with a C$23.50 price target. To see the full list of analyst forecasts on Collective Mining stock, see the TSE:CNL Stock Forecast page.

Spark’s Take on TSE:CNL Stock

According to Spark, TipRanks’ AI Analyst, TSE:CNL is a Neutral.

The score is constrained primarily by weak financial performance typical of a pre-revenue explorer (no revenue, widening losses, and rising cash burn), partially offset by a low-debt balance sheet. Technicals are a key positive with the price above major moving averages and positive momentum indicators. Valuation is neutral-to-weak because a negative P/E reflects ongoing losses and there is no dividend yield data.

To see Spark’s full report on TSE:CNL stock, click here.

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 large Apollo intrusion-related system hosting gold, silver, copper and tungsten. Operating in a mining-friendly, infrastructure-rich region, the company targets the development of Apollo into a large-scale underground mining operation supplying both gold and critical mineral byproducts to international markets.

Average Trading Volume: 215,172

Technical Sentiment Signal: Buy

Current Market Cap: C$1.97B

Learn more about CNL stock on TipRanks’ Stock Analysis page.