Collective Mining drills 38.00m @ 15.46 g/t AuEq within 141.40m at 4.88 g/t AuEq at Apollo Breccia

Canada NewsWire

Two directional drill holes, designed to test the Ramp Zone at depth, inadvertently encountered a new high-grade, gold dominant zone of mineralization before reaching the intended target depth and outlined a 100-meter northern extension to the Apollo breccia body with results as follows: 141.40m @ 4.88 g/t AuEq from 924 meters below surface including 38.00m @ 15.46 g/t AuEq (APC172-D2)

97.15m @ 1.06 g/t AuEq from 929 meters below surface (APC172-D1)

Holes APC172-D1 and APC172-D2 also represent the deepest holes drilled to date on the northern side of the main Apollo breccia body. These intercepts have resulted in a 170-meter vertical extension to the Apollo system. Mineralization on the northern side of the main Apollo breccia body remains open to the east, west and at depth.

Drill hole APC180-D1, which was designed as a follow-up hole to APC172-D2, has cut up to 100 meters of prospective visual mineralization 100 meters along strike to the west of APC172-D2 with assay results expected in due course.

Seven holes designed to test various gaps within the Company's internal block model for the main Apollo breccia body over the top 1,000 meters from surface have cut bulk tonnage mineralization including: 171.65m @ 2.13 g/t gold equivalent from 575 meters below surface including 44.90m @ 4.98 g/t gold equivalent (APC160-D3)

83.00m @ 2.06 g/t gold equivalent from 528 meters below surface including 15.30m @ 4.37 g/t gold equivalent (APC160-D4)

MIAMI, Fla. , Sept. 1, 2026 /CNW/ -- Collective Mining Ltd. (NASDAQ: CNL) (TSX: CNL) ("Collective" or the "Company") is pleased to announce assays results for ten diamond drill holes from its 2026 drilling program at the Guayabales Project. Two directional diamond drill holes discovered a new, northern expansion to the Apollo system, one mother hole