Collective Mining Ltd.

Hole APC-53 was drilled from Pad 10 with the aim of stepping out to the northeast at depth along the recently discovered high-grade Contact Zone in the Apollo system. Prior to intercepting the Contact Zone downhole, a new bulk tonnage high-grade, sheeted, precious metal vein system was discovered beginning directly from surface with results as follows: 145.0 metres @ 2.11 g/t gold equivalent from surface. This new bulk [...]

Drill hole APC-45, which is the first hole into the Contact Zone in the southernmost part of the Apollo porphyry system from Pad 7, intersected an abundance of sheeted CBM veins overprinting earlier porphyry mineralization. Remarkably continuous high-grade gold-silver-copper was intersected over the entire core length with results as follow: 162.20 metres @ 3.90 g/t gold equivalent commencing from surface ; The linear [...]

Hole APC-46 was drilled westward from Pad 6 and intersected a long and continuous interval of gold-silver-copper mineralization beginning at surface in oxide mineralization and bottoming in mineralization with results as follows: 358.0 metres @ 1.52 g/t gold equivalent from 5.75 metres downhole including: 19.25 metres @ 3.01 g/t gold equivalent in oxides; and 60.55 metres @ 2.69 g/t gold equivalent from 153.05 metres [...]

Collective Mining Ltd. will be presenting at the OTC Markets Group Inc. Battery and Precious Metals Virtual Investor Conference on Wednesday, May 3, 2023, at 10:00am ET. Using the link below, investors can register and listen to the presentation, and take part in a question and answer session at the end. The presentation is expected to last 30 minutes. DATE: May 3, 2023 TIME: 10:00am ET - 10:30am ET LINK [...]

Two reconnaissance holes were drilled eastwards from Pad 6 at the Apollo system to test the potential for high grade mineralization at the eastern contact zone where the inter-mineral breccia and the host porphyry vein stockwork meet. Based on prior observations, the concept to be proved was that the contact zone forms a trap for the accumulation of excess metal driven by the location where the late-stage carbonate base [...]

Exploration fieldwork has identified six well mineralized and outcropping porphyry and related style targets within a 400 metre radius of the Apollo system with assay results for soil and rock samples as follows: Gold values up to 8.29 g/t ; Silver values up to 346 g/t ; and Copper Values of up to 0.14% Copper . Surface mapping at all six targets has outlined the same style of porphyry mineralization as the Apollo system [...]

Hole APC-43, cut the longest continuous interval drilled to date of high-grade copper-silver-gold mineralization beginning at surface from Pad 7 at the Apollo system with results as follows: 271.30 metres @ 3.35 g/t gold equivalent in drill hole APC-43 including: 19.30 metres @ 4.28 g/t gold equivalent from surface in oxides, and 32.30 metres @ 4.65 g/t gold equivalent from 19.30 metres downhole, and 42.05 metres @ 5.29 [...]

Assay results for APC-39, which continued to step out to the east from Pad 6 as part of a fan pattern of drilling at the Apollo porphyry system, intersected continuous high-grade copper-silver-gold mineralization from surface as follows: 276.30 metres @ 2.95 g/t gold equivalent in drill hole APC-39 including: 33.0 metres @ 4.87 g/t gold equivalent from surface in oxides, and 17.75 metres @ 3.94 g/t gold equivalent from [...]

Collective Mining Ltd. is pleased to announce that is has closed its previously announced "bought deal" offering of common shares of the Company for aggregate gross proceeds of approximately C$30 million . The Offering was conducted by a syndicate of underwriters co-led by BMO Capital Markets and Clarus Securities Inc., and including Canaccord Genuity Corp., Cormark Securities Inc. and PI Financial Corp. , and consisted [...]

Collective Mining Ltd. has announced today that it has entered into an agreement with BMO Capital Markets and Clarus Securities Inc., on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on "bought deal" basis, 7,060,000 common shares in the capital of the Company , at a price of C$4.25 per Common Share for gross proceeds of approximately C$30 million . The Company has [...]