06:30 ET Collective Mining Reports Robust Metallurgical Recovery Rates at Apollo: 95% Gold, 92% Silver, 85% Copper and 70% Tungsten; Initial Mineral Resource Estimate Targeted for September 2026 Collective Mining Ltd. (NASDAQ: CNL) (TSX: CNL) ("Collective" or the "Company") is pleased to report strong metallurgical test work results from...

Original announcement by cnw on

Company
Collective Mining Ltd.
Ticker
CNL
Exchange
Unavailable
Region
Caldas, Colombia
Primary commodity
Gold
Secondary commodities
Silver, Copper, Tungsten
Document categories
Metallurgy
Extracted
2026-08-25 11:33:05 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Collective Mining reported strong metallurgical test results for the Apollo system, achieving 95% gold, 92% silver, and 85% copper recoveries using conventional methods. The program also demonstrated high tungsten recovery of up to 74% and significant gold amenability to gravity concentration.

Reasoning: The release reports robust metallurgical recoveries for a polymetallic system using conventional methods, including high gold and silver recoveries and strong gravity response.

Positive factors

  • High gold recovery (95%)
  • Strong gravity response for gold
  • High tungsten recovery (74%)
  • High-purity tungsten concentrate (95% scheelite)
  • QA/QC disclosed with accredited lab

Negative factors

  • Tungsten recovery (74%) is moderate compared to precious metals

Facts used in scoring: 5

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Gold recovery of 95% and 96% exceeds exceptional thresholds.

Evidence · text

“95% Gold”

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: Uses conventional gravity concentration, flotation and cyanidation.

Evidence · text

“conventional gravity concentration, flotation and cyanidation methods”

QA/QC Disclosedpositive · Story-specific tag

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: Release mentions ALS Canada Ltd. and ISO/IEC 17025 accreditation.

Evidence · text

“conforms to the requirements of ISO/IEC 17025”

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Metallurgical Results (5)

locked cyclegoldRecovery: 95 %Head Grade: 1.4Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
gold
Ticker
CNL

Test Work

Program Status
detailed
Test Type
locked cycle
Sample
Master Composite

Recovery

Recovery
95 %
Recovery Basis
actual_test
Head Grade
1.4
Head Grade Unit
g/t

Lab

Laboratory
ALS

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: 95% recovery on a master composite is a very strong result.

Positive factors

  • 95% recovery is exceptional for gold

Evidence · table

“95 %”

Context: 1.4 g/t

locked cyclesilverRecovery: 92 %Head Grade: 20Head Grade Unit: g/tView all details
Link to this fact

Identity

Commodity
silver
Ticker
CNL

Test Work

Program Status
detailed
Test Type
locked cycle
Sample
Master Composite

Recovery

Recovery
92 %
Recovery Basis
actual_test
Head Grade
20
Head Grade Unit
g/t

Lab

Laboratory
ALS

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: High silver recovery supports polymetallic economics.

Positive factors

  • 92% recovery is strong

Evidence · table

“92 %”

Context: 20 g/t

locked cyclecopperRecovery: 85 %Head Grade: 0.08Head Grade Unit: %View all details
Link to this fact

Identity

Commodity
copper
Ticker
CNL

Test Work

Program Status
detailed
Test Type
locked cycle
Sample
Master Composite

Recovery

Recovery
85 %
Recovery Basis
actual_test
Head Grade
0.08
Head Grade Unit
%

Lab

Laboratory
ALS

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: Solid copper recovery reported.

Positive factors

  • 85% recovery is strong for copper

Evidence · table

“85 %”

Context: 0.08 %

flotationtungstenRecovery: 74 %View all details
Link to this fact

Identity

Commodity
tungsten
Ticker
CNL

Test Work

Program Status
detailed
Test Type
flotation
Sample
high-grade tungsten zone

Recovery

Recovery
74 %
Recovery Basis
actual_test

Lab

Laboratory
ALS

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: Strong tungsten recovery and high concentrate purity demonstrated.

Positive factors

  • 74% recovery is strong for tungsten
  • 95% scheelite concentrate purity

Evidence · text

“tungsten recoveries of up to 74%”
gravity, flotation, and leachinggoldRecovery: 96 %View all details
Link to this fact

Identity

Commodity
gold
Ticker
CNL

Test Work

Program Status
preliminary
Test Type
gravity, flotation, and leaching
Sample
Ramp Zone high-grade material

Recovery

Recovery
96 %
Recovery Basis
actual_test

Review

Needs Review
No
Historical
No

Dates

Event date
2026-08-25T00:00:00.000Z

Reasoning: Preliminary results from the high-grade Ramp Zone are very encouraging.

Positive factors

  • 96% recovery is exceptional

Evidence · text

“recovered up to 96% of the gold”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.