Collective Mining Ltd. has completed a 1.8-kilometre switch-back access road connecting the Pan American Highway to the proposed exploration adit portal at its Guayabales Project in Caldas, Colombia, moving directly into portal platform and box-cut construction.

Following title grants and tenement consolidation for planned surface drilling at the Trap target, Collective has transitioned from early access upgrades into active site preparation. The company remains on schedule to begin construction of the exploration adit in the fourth quarter of 2026, backed by all required permits.

The Guayabales Project serves as the company's flagship asset and is anchored by Apollo, a large-scale, bulk-tonnage and high-grade gold-silver-copper-tungsten system. Prior exploration across the property has totalled approximately 102,000 metres of diamond drilling across multiple targets including Apollo, Trap, and Plutus.

Underground exploration drilling is scheduled to begin in the first quarter of 2027 at the newly identified Trap East greenfield target. That underground program is designed to systematically test Trap, Apollo's Ramp Zone, and Plutus from optimal orientations over a vertical kilometre below surface.

“We are pleased with the rapid progress being achieved on site as we advance toward breaking ground on the exploration adit in Q4-2026. Once established, the adit will fundamentally expand the way we can explore Guayabales. Underground access will enable us to drill-test Apollo's Ramp Zone, the Trap System and the Plutus Target over more than a vertical kilometer from optimal orientations that are not available from surface. We remain firmly on track to meet our planned milestones and look forward to providing further updates as work progresses.”

— Ned Jalil, Chief Executive Officer

Chief Executive Officer Ned Jalil noted that underground access will enable the team to test the targets over more than a vertical kilometre from orientations unavailable from surface.

Read the full announcement: Collective Mining Advances Guayabales Exploration Adit Toward Q4-2026 Construction; Underground Drilling at Trap to Commence in Q1-2027