TORONTO, June 9, 2025 /PRNewswire/ - Collective Mining Ltd. (NYSE: CNL) (TSX: CNL) ("Collective" or the "Company") is pleased to announce that Mr. Raphael Maracajá has been appointment as Vice President Mining, effective immediately. Mr. Maracajá is a senior mining professional with 20 years of international experience in both open pit and underground operations. He has held leadership roles in operations and technical services at companies such as Hudbay Minerals, Equinox Gold, Appian Capital and Yamana Go ...

Core Insights - The narrative reflects on a personal journey from a successful career in investment banking to a simpler, more fulfilling life in nature, highlighting the contrast between material success and personal well-being [1] Group 1: Career Journey - The individual held research analyst positions in various investment firms in Toronto, starting in sell-side research and moving through different financial sectors including hedge funds and wealth management [1] - Achieving CFA and CAIA designations at the age of 25 marked a significant milestone in the individual's professional development [1] Group 2: Personal Transformation - A significant life crisis occurred in the summer of 2020, leading to a collapse of the established career and a deep existential reflection [1] - The individual found solace and a sense of freedom living in a yurt in the boreal forest, emphasizing a return to nature and simplicity [1] - The experience led to a profound realization about the nature of true wealth and happiness, contrasting material possessions with spiritual fulfillment [1]

Accessibility StatementSkip Navigation The Company currently has nine drill rigs operating as part of its fully funded 70,000-metre drill program for 2025 with seven rigs operating at the Guayabales Project and two rigs turning at the San Antonio Project. Two additional deep capacity rigs are being mobilized to the Guayabales Project to continue testing, at depth, the high-grade Ramp Zone located at the bottom of the Apollo system in early Q3, 2025. The 2025 objectives for the portion of the drilling progra ...

Company Overview - Collective Mining Ltd. is a gold, silver, copper, and tungsten exploration company with projects located in Caldas, Colombia [4] - The company was founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $2 billion in enterprise value [4] - Management and insiders own approximately 33.4% of the outstanding shares, aligning their interests with shareholders [6] Recent Developments - Collective Mining will be added to the MSCI Canada Small Cap Index, effective after the close of trading on May 30, 2025 [1] - The addition to the index was announced by MSCI Inc. on May 13, 2025, following their index review [1][2] Project Highlights - The flagship project, Guayabales, is anchored by the Apollo system, which hosts large-scale, bulk-tonnage, and high-grade mineralization [5] - The company's objectives include improving the overall grade of the Apollo system, expanding the system along strike, and drilling newly generated targets [5]

Accessibility StatementSkip Navigation The Company currently has nine drill rigs operating as part of its fully funded 70,000-metre drill program for 2025 with two rigs at the San Antonio Project and seven rigs at the Guayabales Project. Two additional deep capacity rigs are being mobilized to the Guayabales Project and will begin testing the high-grade Ramp Zone located at the bottom of the Apollo system in early Q3, 2025. Ari Sussman, Executive Chairman commented: "Detailed surface prospecting and drillin ...

Core Viewpoint - The ongoing gold rally has led to increased investor interest in mining stocks, with RUA GOLD Inc. and other companies reporting significant progress in their projects as gold prices reach record highs [1][2]. Group 1: Gold Market Dynamics - Gold prices have surpassed $3,200, prompting analysts at UBS and Deutsche Bank to raise their projections to $3,500 and $3,700 respectively [2]. - The macroeconomic environment is contributing to rising gold prices, which have shown parabolic growth [2]. Group 2: RUA GOLD Inc. Developments - RUA GOLD has reported improving gold grades at its Auld Creek project in New Zealand, with significant results from recent drilling [3][8]. - The drilling results include intersections such as 9m at 5.9g/t AuEq and 1.25m at 48.3g/t AuEq, indicating a positive trend in gold grades with depth [8][12]. - The company is focused on expanding its resource base, with ongoing drilling targeting both northern and southern extensions of the Fraternal ore body [6][13]. Group 3: Antimony Market Insights - Antimony is increasingly valuable due to its applications in various sectors, including renewable energy and technology [7]. - The price of antimony has surged to over $50,000 per tonne, a significant increase from $11,350 per tonne at the beginning of 2024, reflecting heightened demand [10]. - Antimony is designated as a critical mineral by several countries, including the US, EU, and New Zealand, emphasizing its strategic importance [9][10]. Group 4: Exploration Potential - RUA GOLD's Auld Creek project has an inferred resource of 700,000 tonnes at 3.1g/t Au and 1.1% Sb, with potential for additional discoveries indicated by soil geochemistry [12]. - The project is situated between two past producing mines, enhancing its exploration potential [11].

Company Information - Collective Mining Ltd. filed its report under Form 40-F for the month of March 2025[3] - The principal executive office is located at 82 Richmond Street East, 4th Floor, Toronto, Ontario, Canada[2] Report Details - The report was signed by Paul Begin, Chief Financial Officer and Corporate Secretary, on March 26, 2025[7]

Company Overview - Collective Mining Ltd. is a gold, silver, copper, and tungsten exploration company with projects located in Caldas, Colombia, and has options to acquire 100% interests in two projects within an established mining camp that includes ten fully permitted and operating mines [4] - The company was founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $2 billion in enterprise value [4] Financial Reporting - Collective Mining has filed its SEC Annual Report on Form 40-F for the year ended December 31, 2024, which includes the Annual Information Form, audited Financial Statements, and Management's Discussion & Analysis [1] - Shareholders can request a hard copy of the complete audited Financial Statements for the year ended December 31, 2024, free of charge [2] Key Projects - The flagship project, Guayabales, is anchored by the Apollo system, which hosts a large-scale, bulk-tonnage, and high-grade gold-silver-copper-tungsten resource [5] - The company's objectives include improving the overall grade of the Apollo system, expanding the Apollo system along strike, and drilling newly generated targets such as Tower and X [5] Shareholder Alignment - Management and insiders own approximately 33.4% of the outstanding shares of the company, indicating alignment with shareholder interests [6] Corporate Information - Collective Mining is listed on the NYSE American and TSX under the trading symbol "CNL" and on the FSE under the trading symbol "GG1" [6]

Core Viewpoint - Collective Mining Ltd. has successfully closed an investment from Agnico Eagle Mines Limited, raising approximately C$52.1 million through the issuance of common shares and the exercise of warrants, increasing Agnico Eagle's ownership to about 14.99% [1][2]. Group 1: Investment Details - Agnico Eagle subscribed for 4,741,984 common shares at C$11.00 per share, totaling approximately C$52.1 million [1]. - Concurrently, Agnico Eagle exercised warrants to acquire an additional 2,250,000 shares at C$5.01 per share, amounting to C$11,272,500 [1]. - The total investment from Agnico Eagle, including both the share subscription and warrant exercise, reflects a significant commitment to Collective Mining [1]. Group 2: Use of Proceeds - Proceeds from the offering and warrant exercise are intended for exploration activities on the company's properties in Colombia and for general working capital purposes [2]. Group 3: Investor Rights Agreement - An Investor Rights Agreement was established, granting Agnico Eagle rights to maintain its ownership percentage and nominate board members, which was amended to reflect the increased ownership level [3]. - The ownership interest ceiling for participation rights was raised from 9.99% to 14.99% in the amended agreement [3]. Group 4: Company Overview - Collective Mining is focused on gold, silver, copper, and tungsten exploration in Colombia, with options to acquire 100% interests in two projects within an established mining camp [6]. - The flagship project, Guayabales, features the Apollo system, which is characterized by large-scale, high-grade mineralization [7]. - Management insiders hold approximately 33.4% of the outstanding shares, aligning their interests with those of shareholders [8].

Core Viewpoint - Collective Mining Ltd. has entered into an agreement with Agnico Eagle Mines Limited for a subscription of 4,741,984 common shares at C$11.00 per share, with total gross proceeds expected to be approximately $63.4 million from the offering and the exercise of existing warrants [1][2]. Group 1: Financial Details - Agnico Eagle will acquire 4,741,984 shares at C$11.00 per share, and will also exercise warrants to acquire an additional 2,250,000 shares at C$5.01 per share [1]. - The total gross proceeds from the offering and the exercise of the warrants will be approximately $63.4 million [1]. - Following the closing of the offering, Agnico Eagle's ownership interest in Collective Mining is expected to increase to approximately 14.99% [1]. Group 2: Use of Proceeds - The proceeds from the offering and the exercise of the warrants will be utilized for exploration on the company's properties in Colombia and for general working capital purposes [2]. - The company plans to continue its drill program at the Guayabales Project, with results expected to be released in the near term [2]. Group 3: Company Background - Collective Mining Ltd. is a gold, silver, copper, and tungsten exploration company with projects located in Caldas, Colombia [4]. - The company's flagship project, Guayabales, is anchored by the Apollo system, which is characterized by large-scale, bulk-tonnage, and high-grade mineralization [5]. - Management and insiders own approximately 36% of the outstanding shares, indicating alignment with shareholders [6].