Collective Mining Ltd. has discovered a new northern and vertical extension to the Apollo breccia body at its flagship Guayabales Project in Caldas, Colombia, returning an intercept of 141.40 metres at 4.88 g/t gold equivalent from 924 metres below surface in hole APC172-D2.

The intercept included a higher-grade interval of 38.00 metres at 15.46 g/t gold equivalent. A companion directional hole, APC172-D1, returned 97.15 metres at 1.06 g/t gold equivalent from 929 metres below surface. Both holes were drilled to test the Ramp Zone at depth but encountered the new mineralized zone before reaching their target depths.

The results outline a 100-metre northern extension and a 170-metre vertical extension to the Apollo system, which remains open to the east, west, and at depth. Prior drilling campaigns at the Guayabales Project's Apollo system had outlined continuous mineralization from surface down to more than 1,450 vertical meters.

“The Apollo system once again awarded us with yet another positive surprise. APC172-D2 delivered an exceptional high-grade interval at approximately 1,000 meters below surface while significantly extending the system both northward and vertically. With mineralization in this new northern breccia body expansion open in multiple directions and follow-up drilling already intersecting visually prospective material to the west, we see strong potential to continue expanding this part of Apollo. The additional infill results also provide further confirmation of the continuity represented in our internal geological model.”

— Ari Sussman, Executive Chairman

In addition to the discoveries made by the directional holes, Collective Mining received assay results from seven infill holes testing gaps within the internal block model over the upper 1,000 metres of the main Apollo breccia body. Highlights from the infill program included hole APC160-D3, which intersected 171.65 metres at 2.13 g/t gold equivalent from 575 metres below surface, including 44.90 metres at 4.98 g/t gold equivalent. Hole APC160-D4 returned 83.00 metres at 2.06 g/t gold equivalent from 528 metres below surface, including 15.30 metres at 4.37 g/t gold equivalent.

Follow-up drilling is already underway. Hole APC180-D1 has intersected up to 100 metres of visual mineralization 100 metres along strike to the west of hole APC172-D2. The company expects further assay results from its ongoing drilling program to expand the new northern extension in late Q3 or early Q4, 2026.

Read the full announcement: Collective Mining Discovers a Significant Extension to the Apollo Breccia by Drilling 38.00m @ 15.46 g/t AuEq Within 141.40m at 4.88 g/t AuEq