Workflow
COLLECTIVE MINING LTD(CNL)
icon
Search documents
Collective Mining Drills 397.50 Metres at 2.62 g/t Gold Equivalent Commencing from Surface at Apollo
Prnewswire· 2025-07-14 10:30
Core Viewpoint - Collective Mining Ltd. has announced positive assay results from six diamond drill holes at the Apollo system, indicating significant gold-silver-copper-tungsten mineralization and expansion potential at the Guayabales project in Colombia [1][6][12]. Group 1: Drilling and Assay Results - The Apollo system is strongly mineralized over 1,200 vertical meters and remains open at depth, with ongoing drilling aimed at defining shallow mineralization and expanding high-grade zones [1][4]. - Recent assay results include 397.50 meters at 2.62 g/t gold equivalent from surface in hole APC-122, which bottomed in strong mineralization [6][7]. - A total of approximately 129,500 meters of diamond drilling has been completed at the Guayabales Project, with 91,000 meters specifically at Apollo [3][10]. Group 2: Future Plans and Operations - The company is operating nine drill rigs as part of a fully funded 70,000-meter drill program for 2025, with plans to mobilize additional deep capacity rigs to further explore the high-grade Ramp Zone [2][4]. - Exploratory drilling is also underway on gravity anomalies near Apollo, with the aim of discovering additional mineralization [4][12]. - The company has completed over two-thirds of its 33-hole infill drill program, with assays pending for eight holes, indicating ongoing exploration and development efforts [10][12]. Group 3: Management and Ownership - Management, insiders, and a strategic investor own 44.5% of the outstanding shares, aligning their interests with those of shareholders [13]. - The company is listed on both the NYSE and TSX under the symbol "CNL" [13].
Collective Mining Announces the Appointment of Raphael Maracajá as Vice President Mining
Prnewswire· 2025-06-09 16:35
Core Viewpoint - Collective Mining Ltd. has appointed Mr. Raphael Maracajá as Vice President of Mining, bringing 20 years of international mining experience to the company, which is expected to enhance its operational capabilities and growth strategy [1][2]. Company Updates - Mr. Maracajá's appointment is aimed at advancing the Guayabales and San Antonio projects, reinforcing the company's commitment to operational excellence and responsible development [2]. - The company will hold its 2025 annual shareholder meeting on June 16, 2025, via Zoom, allowing shareholders to engage and ask questions [3]. Company Background - Collective Mining Ltd. was founded by the team that developed and sold Continental Gold Inc. for approximately $2 billion in enterprise value and focuses on gold, silver, copper, and tungsten exploration in Caldas, Colombia [5]. - The flagship project, Guayabales, features the Apollo system, which is characterized by large-scale, bulk-tonnage, and high-grade mineralization, with objectives to improve overall grade and expand the system through systematic drilling [6]. Shareholder Information - Management, insiders, and a strategic investor collectively own 44.5% of the outstanding shares, indicating alignment with shareholder interests [7].
Collective Mining: Delineating A +10 Million Ounces Deposit In The Jungles Of Colombia
Seeking Alpha· 2025-06-09 07:24
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]
Collective Mining Expands the Outcropping Portion of Apollo by Drilling High-Grade Tungsten, Copper, Gold and Silver Including 124 Metres at 3.03 g/t AuEq (0.66% WO3Eq) from Surface
Prnewswire· 2025-06-02 20:01
Core Insights - The company is currently operating nine drill rigs as part of a fully funded 70,000-metre drill program for 2025, with seven rigs at the Guayabales Project and two at the San Antonio Project [1][2] - The drilling program aims to expand the high-grade Ramp Zone and test new targets, with significant results already reported from recent drilling activities [4][13] Drilling Program Details - Approximately 123,000 metres of diamond drilling has been completed at the Guayabales Project, including 85,000 metres specifically at the Apollo system [2] - The company plans to mobilize two additional deep capacity rigs to the Guayabales Project to further explore the high-grade Ramp Zone [1][4] Mineralization Findings - Continuous high-grade tungsten has been found alongside copper, gold, and silver mineralization at the Apollo system, which is expected to enhance the project's economic viability [3][12] - Recent drilling results have shown significant intersections of high-grade mineralization, including: - 91.00 metres at 3.04 g/t AuEq from 56.15 metres down hole [7] - 124.00 metres at 3.03 g/t AuEq from surface [12] - The shallow drilling program at Apollo is over 50% complete, with results indicating high-grade gold, tungsten, copper, and silver mineralization [7][9] Future Plans and Objectives - The company aims to improve the overall grade of the Apollo system by systematically testing newly modeled high-grade sub-zones and expanding the Ramp Zone [6][13] - New grassroots targets, including the Knife and X, are set to be drilled soon, alongside ongoing work at the San Antonio project [4][13] Company Background - Collective Mining Ltd. is focused on gold, silver, copper, and tungsten exploration in Caldas, Colombia, with options to acquire 100% interests in two projects within an established mining camp [11][14] - The company was founded by a team that previously developed and sold Continental Gold Inc. for approximately $2 billion [11]
Collective Mining Announces Inclusion in MSCI Canada Small Cap Index
Prnewswire· 2025-05-14 10:30
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]
Collective Mining Discovers a Gold-Copper Porphyry System at the San Antonio Project by Intersecting 290.20 Metres at 0.58 g/t Gold, 0.17% Copper, 3 g/t Silver and 70 ppm Molybdenum
Prnewswire· 2025-05-05 10:30
Core Viewpoint - The company is advancing its drilling program at the San Antonio Project, with significant potential for discovering a copper-gold rich porphyry system, particularly at the Pound target, where drilling is set to intensify in 2025 [2][5][9]. Drilling Program - The company has nine drill rigs operating as part of a fully funded 70,000-metre drill program for 2025, with two rigs at the San Antonio Project and seven at the Guayabales Project [1]. - Two additional deep capacity rigs are being mobilized to the Guayabales Project, expected to begin testing the high-grade Ramp Zone in early Q3 2025 [1]. San Antonio Project Highlights - Detailed surface prospecting and drilling have increased the potential of the San Antonio Project to host a copper-gold rich porphyry system [2]. - The Pound target covers an area of 650 metres x 550 metres and remains open for further expansion, with previous drilling in 2021 showing promising results [5][9]. - The SAC-11 hole intersected 290 metres of gold-copper rich porphyry vein stockwork mineralization, with assays highlighting 290.20 metres at 0.84 g/t gold equivalent [5][6]. Assay Results - SAC-10 returned 353.85 metres at 0.51 g/t gold equivalent, including 77.05 metres at 1.01 g/t gold equivalent [6]. - The assays from SAC-11 included significant intervals of mineralization, with notable grades of gold and copper [5][6]. Future Plans - The company plans to drill test four additional porphyry targets (Pound, Real, COP, and Euro) in 2025, with the Real target located 400 metres northwest of Pound [9]. - The next phase of the drilling program at the Trap Main Zone is scheduled to begin in H2 2025 [10]. Company Background - Collective Mining Ltd. is focused on gold, silver, copper, and tungsten exploration in Caldas, Colombia, with options to acquire 100% interests in two projects within an established mining camp [12]. - The company is listed on both the NYSE and TSX under the trading symbol "CNL" [13].
Gold Rally Sparks Renewed Investor Rush Into Mining Stocks
Prnewswire· 2025-04-16 13:00
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].
COLLECTIVE MINING LTD(CNL) - 2024 Q4 - Annual Report
2025-03-26 17:38
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]
Collective Mining Ltd. Files Annual Report on Form 40-F and Supporting Documentation
Prnewswire· 2025-03-26 16:53
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]
Collective Mining Announces Closing of Investment and Early Exercise of Warrants for Gross Proceeds of C$63.4 Million
Prnewswire· 2025-03-20 13:48
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].