Morning briefing — free market intel before the open

Collective Mining Ltd. (CNL)

AuEq intercept — OLCC-3 at Apollo

Company
Collective Mining Ltd.
Ticker
CNL
Property
Apollo
Metal
AuEq
Hole ID
OLCC-3
Interval
69.1–80.8 m
Width
11.7 m
Grade
2.16 g/t
Gram-metres
25.27 g·m
Value per tonne (live spot)
$346
Precious-metal value (nugget)
$346 (100% of value)
Residual value (net, est.)
$271

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.