Core Insights - Collective Mining Ltd. has announced positive assay results from two diamond drill holes aimed at expanding the high-grade Ramp Zone within the Apollo system, which is part of the Guayabales Project in Caldas, Colombia [1][5][8] Company Overview - Collective Mining Ltd. is well-funded with approximately US$70.6 million in treasury as of the end of Q2 2025 and is conducting a fully funded 70,000 metre drill program for 2025 [2][3] - The company is currently operating ten drill rigs, with seven at the Guayabales Project and three at the San Antonio Project [2] Drilling Results - A total of approximately 137,000 metres of diamond drilling has been completed at the Guayabales Project, with 97,000 metres specifically at the Apollo system [3] - The two new drill holes, APC103-D6 and APC106-D2, have intersected significant gold and silver mineralization, with APC103-D6 reporting 50.50 metres at 5.66 g/t gold and 13 g/t silver, and APC106-D2 reporting 70 metres at 2.00 g/t gold and 5 g/t silver [5][9][11] - The Ramp Zone has been defined over an area measuring 275 metres of strike by 200 metres vertical and remains open in all directions, with the total vertical dimension traced from surface over 1,300 metres [5][8] Comparison with Neighboring Deposits - The Ramp Zone shares similarities with Aris Mining's Marmato Deeps deposit, located 1.75 kilometres southeast, which hosts a significant resource estimate of 3.76 million ounces of gold [8][10] - The company believes that the higher gold grades observed in the Ramp Zone compared to Marmato Deeps may be attributed to the mineralization being hosted within a breccia, which has more porosity for metal-bearing fluids [10][12] Future Plans - The current drilling program aims to extend the Ramp Zone by at least another 200 metres both vertically and laterally along strike [5][7] - The company has also acquired additional surface and mineral rights within and surrounding the Guayabales Project, which are crucial for planned infrastructure [13]

Core Viewpoint - Collective Mining Ltd. strongly denies the allegations made in a recent short thesis report, asserting that all exploration activities are conducted in compliance with Colombian laws and regulations [1][3]. Company Operations - Collective Mining has been operating in Colombia since its incorporation in 2020, focusing on the Guayabales and San Antonio projects, which are located in an established mining camp with no major environmental restrictions [2][10]. - The company has a fully funded drilling program of 70,000 meters for 2025, currently operating 10 rigs, and plans to mobilize a third rig to the San Antonio project by the end of August [8]. Legal Compliance - The company emphasizes that its exploration work is legal and transparent, with all mining titles valid and in good standing. Incomplete cells, which are common in Colombia's mining industry, do not affect the legality of the company's operations [3][4]. - The Colombian authorities have confirmed that incomplete cells will be integrated into the company's mining title once the necessary software updates are completed [3]. Technical Aspects - Drilling activities may occur outside the boundaries of mining titles as permitted by Colombian law, aimed at fulfilling technical requirements for understanding geological systems [4][5]. - The Apollo system, part of the Guayabales project, is located in a well-established mining area with ten permitted and operating mines within a three-kilometer radius [5][11]. Exploration Strategy - The company aims to improve the overall grade of the Apollo system by systematically testing newly modeled high-grade sub-zones and expanding the system along strike [11]. - Collective Mining is also focused on exploring the San Antonio project for a large bulk-tonnage porphyry system, marking its largest drilling campaign to date [11].

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 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].