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Collective Mining Ltd.

TSX:CNLTSXV:CNLUS:CNLMF
C$16.56Close 7 Oct 2026 · delayed

Past year: ▲ 3%(15.92 – 28.41 CAD)

Market cap
—
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Story beats
49 since 2024
Last event
18 Aug 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

18 Aug 2026drilling progress report▲ GoodMajor

A 1.8-kilometre access road from the Pan American Highway to the adit portal is finished, all permits are in hand and adit construction remains on track for the fourth quarter of 2026, with underground drilling to start in the first quarter of 2027 at a new Trap East target and then Apollo's Ramp Zone and Plutus.

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13 Aug 2026regulatory community update● Neutral

After an earthquake struck western Colombia on 10 August 2026, centred near San Jose del Palmar in Chocó about 100 km from the Guayabales and San Antonio projects, Collective reports no injuries to its personnel and no damage to its assets. It will make monetary and in-kind contributions through local groups in Manizales (the Red Cross, ProCaldas, the coffee growers' federation and ANDI); no amounts are given, so no financial effect is stated.

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11 Aug 2026listing compliance notice▲ Good

Began trading on the Nasdaq Global Select Market on 11 August 2026, completing the move off the NYSE American announced two weeks earlier. Shareholders need do nothing.

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4 Aug 2026regulatory community update● Neutral

Collective is partnering on a community solar project of about 600 kWp for the Guamal Afro-Colombian community in Supia, expected to serve about 2,000 residents across 420 households. Partners are the community council, the Caldas Governor's Office, CorpoCaldas and the Supia municipality. No cost or Collective contribution is stated, so it carries no stated financial effect. The boilerplate now describes the Continental Gold sale at about $1.4 billion, versus about $2 billion in earlier releases; the filing gives no reason for the change.

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29 July 2026listing compliance notice▲ Good

Moving its US listing from the NYSE American to the Nasdaq Global Select Market under the same ticker, with the last NYSE trading day on 10 August 2026. The TSX listing and CUSIP are unchanged.

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22 July 2026regulatory community update● Neutral

Collective published its 2025 Sustainability Report: about US$1.45m of social investment, zero lost-time injuries for direct employees, no environmental non-compliance, and 38% growth in direct employment. It says 62,500 metres were drilled in 2025 and repeats the 184,000-metre total, 120,000 m at Apollo, and US$113.3m cash at 31 March 2026. Nothing new beyond the report itself.

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13 July 2026regulatory community update▲ GoodMajor

Colombia's mining agency granted Collective additional mining titles on 10 July 2026 after a public hearing in Supia on 21 May, on top of titles granted 10 April after a Marmato hearing. The company says this increases its titled land and gives new drill-ready targets, and it plans to drill at least one this year. It reports US$113.3m cash at 31 March 2026, said to fully fund a 2026 program of up to 100,000 metres, with 13 rigs running. This continues the title-consolidation thread, including the license covering the northwestern extension of Trap that restarted work there. The release does not give the size of the new titles.

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29 June 2026drilling result▲ GoodMajor

A hole 30 metres up-dip of an earlier tungsten intercept found a separate tungsten-rich subzone starting about 300 metres below surface: 27.35 metres at 37.55 g/t gold-equivalent (1.68% tungsten trioxide, 11.62 g/t gold, 54 g/t silver, 0.43% copper). It is distinct from the tungsten cap in the top 100 metres and open down dip.

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17 June 2026drilling progress report▲ GoodMajor

The exploration adit announced in March is progressing, with the explosives storage facility built and ground-breaking expected in the fourth quarter of 2026, and Josue Romanos was hired as vice president, projects. Ned Jalil is now chief executive with Ari Sussman as executive chairman.

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20 May 2026drilling result▲ GoodMajor

Seven holes delineated an outcropping oxide gold-silver corridor at northern Apollo about 700 metres long, 200 metres wide and up to 100 metres deep: 71.20 metres at 1.95 g/t gold-equivalent from surface in APC-165 and 56.00 metres at 1.42 g/t from 12.80 metres. Oxide material at surface is the cheapest ore a project of this kind can have.

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6 May 2026drilling result▲ GoodMajor

Three holes into the previously untested western margin of the Ramp Zone returned 5.30 metres at 37.04 g/t gold from 1,090 metres, 23.15 metres at 4.61 g/t from 1,163 metres and 8.60 metres at 6.51 g/t from 1,316 metres. Only 385 metres of the Apollo breccia body's 1,500-metre circumference has been tested for Ramp-style mineralisation; seven rigs are to be pointed at the rest in 2026.

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23 Apr 2026drilling spud▲ GoodMajor

Colombia's national mining agency granted a title covering an 850-metre northwestern extension of the Trap sheeted vein corridor and a new porphyry anomaly, and the company bought out the last outstanding tenement to hold Trap 100%. Two rigs are to restart there in May - the first drilling at Trap since the 2024 program ended.

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31 Mar 2026material agreement● Neutral

Filed redacted addenda to its option agreement with the Asociacion de Mineros Guayabales, the local miners' association whose concession underlies part of the project. Commercially sensitive terms are blacked out, so the filing shows the relationship exists and is being amended without showing what changed.

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30 Mar 2026drilling result▲ GoodMajor

The remaining 370 metres of APC150-D1 gave 83.75 metres at 21.14 g/t gold from 1,355 metres below surface, taking the Ramp Zone to 315 metres of strike by 100 metres wide by 350 metres vertically. The hole ended still in mineralisation at 1,450 metres.

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16 Mar 2026listing compliance notice▲ Good

Added to the GDXJ junior gold miners index from 20 March 2026, and moved its executive headquarters from Toronto to Miami while staying incorporated in Canada and dual listed on the NYSE American and TSX.

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11 Mar 2026asset acquisition disposition▲ GoodMajor

Signed binding agreements with arm's-length vendors for all the remaining surface land needed to build a mine at Guayabales, for US$44.0 million paid over five years - US$8.7 million in 2026 and roughly US$8.4 to US$10.0 million a year to 2030 - with 6% interest on some instalments, promissory notes and mortgages over the land. If an environmental permit comes through and construction starts early, the remaining instalments fall due before major construction begins. The company holds the mineral titles, or options over them, wherever it is buying surface.

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24 Feb 2026drilling result▲ GoodMajor

Partial assays from one directional hole gave 54.55 metres at 7.04 g/t gold and 16 g/t silver in the upper Ramp Zone at about 1,200 metres depth, with visible gold logged in a further 370 metres of core still awaiting assay. An unusual disclosure: results released before the hole is finished being assayed.

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9 Feb 2026drilling result▲ GoodMajor

Step-out drilling from surface pushed the Apollo breccia about 30 metres northeast on 165.75 metres at 5.35 g/t gold-equivalent from 8.85 metres, including 31.70 metres at 17.35 g/t, with gold grades up to 40% above the internal model at the body's edge. Four infill holes also beat the model.

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27 Jan 2026drilling result▲ GoodMajor

58.10 metres at 21.33 g/t gold in APC143-D3, the highest-grade, deepest and most northeasterly Ramp Zone hole yet at up to 1,410 metres below surface. The zone measures 300 metres of strike by 100 metres wide by 310 metres vertically and sits at the elevation of a conceptual underground access tunnel.

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21 Jan 2026drilling result▲ GoodMajor

Four holes confirmed the tungsten-rich cap continues from surface: 111.15 metres at 5.48 g/t gold-equivalent from 2 metres in APC-154, including 10.85 metres at 41.45 g/t (38.52 g/t gold, 0.82% tungsten trioxide), and 113.65 metres at 2.66 g/t from 4.60 metres. All four came in above the company's internal block model.

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13 Jan 2026drilling result▲ GoodMajor

Seventeen holes at San Antonio's Pound target confirmed a shallow, high-grade, silver-dominant vein system outcropping over 825 metres of strike - a second grassroots discovery at a project the company had left alone between 2021 and January 2025.

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30 Dec 2025drilling result▲ GoodMajor

Five holes into undrilled parts of the Apollo breccia returned 467.35 metres at 1.63 g/t gold-equivalent from 170.10 metres in APC142-D2 and 261.35 metres at 1.63 g/t in APC144-D1, and a mother hole cut the Hanging Wall Vein Zone 200 metres further south at 19.40 metres at 1.55 g/t.

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16 Dec 2025drilling result▲ GoodMajor

The deepest and most northeasterly Ramp Zone hole so far returned 24.80 metres at 29.42 g/t gold inside 63.90 metres at 13.46 g/t - the highest-grade intercept the company has reported at Apollo - taking the zone to 315 metres of strike by 300 metres vertically.

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15 Dec 2025resource reserve update● NeutralMajor

Filed a new NI 43-101 technical report on Guayabales by consulting geologist Stewart Redwood, effective 15 September 2025 and signed 2 December 2025. The resource estimate sections are empty, so no mineral resource estimate has been prepared for the project.

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9 Dec 2025drilling result▲ GoodMajor

Directional holes collared well outside the known Apollo breccia unexpectedly cut thick gold-rich sheeted veinlets - 61.30 metres at 1.78 g/t and 130.40 metres at 1.15 g/t gold-equivalent - defining a Hanging Wall Vein Zone that extends Apollo up to 450 metres north and reaches toward surface. Lower grade than the breccia, but a large new volume.

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3 Dec 2025drilling result▲ GoodMajor

Three orthogonal holes took the Ramp Zone to 300 metres of strike by 270 metres vertically, on 23.35 metres at 8.24 g/t gold inside 76.10 metres at 3.26 g/t. Apollo is continuously mineralised over more than 1,370 vertical metres and the Ramp Zone is open in all directions.

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10 Nov 2025drilling progress report▲ Good

Started a multi-hole program into the outcropping tungsten-rich cap of Apollo, with coarse scheelite and chalcopyrite already visible in the first hole's core. Apollo is now continuously mineralised from surface to more than 1,300 vertical metres.

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29 Oct 2025drilling result▲ GoodMajor

Thirteen holes filling gaps in the top 1,000 metres of Apollo returned 486.00 metres at 2.01 g/t gold-equivalent in APC-141 and pushed the western edge out 50 metres. The company also flagged plans to drill up to 100,000 metres in 2026, which would be its largest program yet.

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20 Oct 2025drilling result● Neutral

An exploration update reporting visually significant mineralisation in step-out core from the Ramp Zone and from San Antonio's Pound target, with ten rigs running toward about 60,000 metres for 2025. Visual logging is not an assay and the company says so; the numbers were still to come.

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8 Oct 2025capital raising announcement▲ GoodMajor

Closed C$140 million gross: C$125.4 million from the bought deal at C$19.00 plus Agnico Eagle's concurrent placement. The largest financing in this record, and the company still has no mineral resource estimate.

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