Morning briefing — free market intel before the open

Collective Mining Ltd. (CNL)

Au intercept — SAC-39 at San Antonio

Announced 2026-06-29

Company
Collective Mining Ltd.
Ticker
CNL
Property
San Antonio
Metal
Au
Hole ID
SAC-39
Interval
246.3–275.5 m
Width
29.2 m
Grade
1.28 g/t
Gram-metres
37.38 g·m
Value per tonne (live spot)
$196.39
Precious-metal value (nugget)
$186 (95% of value)
Residual value (net, est.)
$136
Jurisdiction
Sonora, Mexico

Value per tonne is the gross in-situ rock value at today's spot prices, before recovery, mining, processing, royalties, or metallurgy — recomputed live on every page load. The nugget is the share of that value from precious metals (gold, silver, platinum, palladium, rhodium). Residual value estimates the net realizable value after recovery and operating cost — it assumes 90% recovery for precious metals, 85% for base metals, and $40/t operating cost; model your own assumptions in the calculator. Informational only; read the original NI 43-101 or JORC filing before drawing conclusions.

Chat