Core Insights - Collective Mining Ltd. has announced significant assay results from seven diamond drill holes that have expanded the Apollo system by 450 metres to the north, indicating a large-scale, high-grade mineralization enriched in gold, silver, copper, and tungsten [1][6][7] - The Apollo system is part of the flagship Guayabales Project in Caldas, Colombia, which is characterized by multiple targets and rich infrastructure [1][15] Exploration and Drilling Activities - The company has completed 153,000 metres of diamond drilling across its Guayabales and San Antonio projects, with 106,500 metres specifically at Apollo [2] - An aggressive drilling program is planned for 2026, targeting up to 100,000 metres of additional drilling, supported by US$135 million in cash as of December 1, 2025 [3][2] New Discoveries - The discovery of the Hanging Wall Vein Zone during directional drilling has revealed thick zones of gold-rich sheeted veinlets, which have the potential to significantly increase the overall mineral inventory of the Apollo system [4][6] - The Hanging Wall Vein Zone has expanded the mineralized footprint of Apollo, increasing the northeast strike length by 43% to approximately 1,050 metres [7] Notable Assay Results - Significant intercepts from the Hanging Wall Vein Zone include 61.30 metres at 1.78 g/t gold equivalent and 130.40 metres at 1.15 g/t gold equivalent [6][12] - The Northern Expansion Zone has also shown notable results, including 91.15 metres at 2.31 g/t gold equivalent and 120.35 metres at 1.35 g/t gold equivalent [9][12] Future Plans - The company plans to initiate a follow-up drilling campaign targeting the Hanging Wall Vein Zone in early Q1 2026 to further delineate this new discovery [8] - The management is optimistic about the potential for significant resource expansion at Apollo, with targeted drilling planned for the newly discovered zones [4][8]

Core Insights - The company is currently operating eleven drill rigs as part of a fully funded 70,000-metre drill program for 2025, with three rigs at the San Antonio Project and eight at the Guayabales Project [1] - Drilling at the Guayabales Project aims to define shallow mineralization, expand high-grade sub-zones, and test new targets, with two deep capacity drill rigs focused on the Apollo system [1][3] - The San Antonio Project has seen approximately 10,000 metres of diamond drilling completed, with significant mineralization identified at the Pound target [2][4] Company Developments - Executive Chairman Ari Sussman expressed confidence in the potential of the San Antonio Project, highlighting its proximity to infrastructure and the absence of nearby communities [3] - The company has upgraded all rigs at San Antonio to optimal performance parameters due to previous drilling limitations [5] - The results from drill holes SAC-15 and SAC-18 indicate strong porphyry mineralization, with SAC-18 averaging 1.88 g/t AuEq over 172.40 metres [6][9] Technical Details - The assay results from SAC-15 show 154.20 metres averaging 1.12 g/t AuEq, including higher density mineralized sub-zones [5][8] - The company has identified three mineralized phases at the San Antonio Project, with Phase 1 covering a large area and hosting low-grade gold, while Phases 2 and 3 contain higher-grade mineralization [8] - The company plans to drill test multiple targets within the San Antonio Project in 2025, leveraging its close proximity to the Guayabales Project [14]