# Collective hits gold-tungsten beyond Apollo model Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639 Original source: https://www.northernminer.com/news/collective-hits-gold-tungsten-beyond-apollo-model/1003895113/ Publisher: northernminer Original announcement: 2026-09-24T16:00:40.000Z Analysis by Minestarters Atlas Atlas analysis published: 2026-09-24T16:49:09.498Z Atlas analysis updated: 2026-09-24T16:49:09.498Z - Company: Collective Mining - Ticker: CNL - Exchange: Unavailable - Region: Colombia - Primary commodity: Gold - Secondary commodities: Tungsten, Silver, Copper - Document categories: Drill results, Resource update - Extracted: 2026-09-24 16:49:10 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Collective Mining reported high-grade gold, silver, and tungsten intercepts from hole APC150-D4, which extend beyond the current Apollo resource model in Colombia. The results demonstrate polymetallic potential and open new drilling targets in the schist outside the southern breccia margin. Reasoning: High-grade gold and tungsten intercepts \(8.47 g/t Au and 0.40% WO3\) were reported outside the existing resource model, representing significant exploration upside. - Positive factor: high-grade gold and tungsten intercepts - Positive factor: mineralization found outside current resource model - Positive factor: new drilling target identified - Positive factor: polymetallic potential confirmed Facts used in scoring: 21 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: Mineralization extended beyond the previously known limit. Why it applies: The intercepts were found outside the current resource model and southern breccia margin. Evidence · text > opening a new drilling target beyond the current resource model **Maiden Resource** Polarity: neutral Definition: First formal MRE for the project — establishes baseline but typically exploration-stage with high Inferred component. Why it applies: The text refers to an 'initial resource released two weeks ago', implying it is a relatively new resource. Evidence · text > already demonstrated by its initial resource released two weeks ago ## Extracted facts Stored fact records: 21. Some facts used in scoring do not have a stored record. ## Drill Results (13) ### APC150-D4 [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-drill-facts-0) Apollo · gold #### Identity - Hole ID: APC150-D4 - Project: Apollo - Commodity: gold - Region: colombia - Reported Region: colombia - Ticker: CNL #### Geometry - Grade: 8.47 - Grade Unit: g/t - Intercept: 8.15 m - From: 927 m - To: 935.15 m - Intercept Depth: 927 m #### Classification - Sample Type: drill - Group ID: APC150-D4:927-935.15 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: 8.47 g/t Au is a strong intercept for an exploration target. - Positive factor: high-grade intercept Evidence · text > Hole APC150-D4 cut 8.15 metres grading 8.47 grams gold per tonne #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Ten permitted mines operate within about 3 km of Guayabales, which lies next to Aris Mining’s \(TSX: ARIS; NYSE-A: ARMN\) " ### APC150-D4 [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-drill-facts-1) Apollo · silver #### Identity - Hole ID: APC150-D4 - Project: Apollo - Commodity: silver - Region: colombia - Reported Region: colombia - Ticker: CNL #### Geometry - Grade: 4 - Grade Unit: g/t - Intercept: 8.15 m - From: 927 m - To: 935.15 m - Intercept Depth: 927 m #### Classification - Sample Type: drill - Group ID: APC150-D4:927-935.15 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Silver reported as a byproduct in a high-grade gold/tungsten interval. Evidence · text > 4 grams silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Ten permitted mines operate within about 3 km of Guayabales, which lies next to Aris Mining’s \(TSX: ARIS; NYSE-A: ARMN\) " ### APC150-D4 [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-drill-facts-2) Apollo · tungsten #### Identity - Hole ID: APC150-D4 - Project: Apollo - Commodity: tungsten - Region: colombia - Reported Region: colombia - Ticker: CNL #### Geometry - Grade: 0.4 - Grade Unit: % - Intercept: 8.15 m - From: 927 m - To: 935.15 m - Intercept Depth: 927 m #### Classification - Sample Type: drill - Group ID: APC150-D4:927-935.15 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Significant tungsten grade reported outside the current block model. - Positive factor: first high-grade tungsten hit outside southern breccia Evidence · text > 0.40% tungsten trioxide \(WO₃\) from 927 metres below surface #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Ten permitted mines operate within about 3 km of Guayabales, which lies next to Aris Mining’s \(TSX: ARIS; NYSE-A: ARMN\) " ### APC171-D1 [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-drill-facts-3) Apollo · gold #### Identity - Hole ID: APC171-D1 - Project: Apollo - Commodity: gold - Region: colombia - Reported Region: colombia - Ticker: CNL #### Geometry - Grade: 4.28 - Grade Unit: g/t - Intercept: 9.7 m - From: 145.3 m - To: 155 m - Intercept Depth: 145.3 m #### Classification - Sample Type: drill - Group ID: APC171-D1:145.3-155 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Strong gold intercept outside the block model. Evidence · text > APC171-D1, which returned 9.7 metres grading 4.28 grams gold #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Ten permitted mines operate within about 3 km of Guayabales, which lies next to Aris Mining’s \(TSX: ARIS; NYSE-A: ARMN\) " ### APC171-D1 [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-drill-facts-4) Apollo · silver #### Identity - Hole ID: APC171-D1 - Project: Apollo - Commodity: silver - Region: colombia - Reported Region: colombia - Ticker: CNL #### Geometry - Grade: 11 - Grade Unit: g/t - Intercept: 9.7 m - From: 145.3 m - To: 155 m - Intercept Depth: 145.3 m #### Classification - Sample Type: drill - Group ID: APC171-D1:145.3-155 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Silver byproduct in an exploration intercept. Evidence · text > 11 grams silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Ten permitted mines operate within about 3 km of Guayabales, which lies next to Aris Mining’s \(TSX: ARIS; NYSE-A: ARMN\) " ### APC171-D1 [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-drill-facts-5) Apollo · copper #### Identity - Hole ID: APC171-D1 - Project: Apollo - Commodity: copper - Region: colombia - Reported Region: colombia - Ticker: CNL #### Geometry - Grade: 0.05 - Grade Unit: % - Intercept: 9.7 m - From: 145.3 m - To: 155 m - Intercept Depth: 145.3 m #### Classification - Sample Type: drill - Group ID: APC171-D1:145.3-155 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Trace copper reported. Evidence · text > 0.05% copper from 145.3 metres depth #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Ten permitted mines operate within about 3 km of Guayabales, which lies next to Aris Mining’s \(TSX: ARIS; NYSE-A: ARMN\) " ### APC171-D2 [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-drill-facts-6) Apollo · gold #### Identity - Hole ID: APC171-D2 - Project: Apollo - Commodity: gold - Region: colombia - Reported Region: colombia - Ticker: CNL #### Geometry - Grade: 5.56 - Grade Unit: g/t - Intercept: 5.3 m - From: 43.7 m - To: 49 m - Intercept Depth: 43.7 m #### Classification - Sample Type: drill - Group ID: APC171-D2:43.7-49 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Strong gold intercept at shallow depth. Evidence · text > APC171-D2 that cut 5.3 metres at 5.56 grams gold #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Ten permitted mines operate within about 3 km of Guayabales, which lies next to Aris Mining’s \(TSX: ARIS; NYSE-A: ARMN\) " ### APC171-D2 [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-drill-facts-7) Apollo · silver #### Identity - Hole ID: APC171-D2 - Project: Apollo - Commodity: silver - Region: colombia - Reported Region: colombia - Ticker: CNL #### Geometry - Grade: 53 - Grade Unit: g/t - Intercept: 5.3 m - From: 43.7 m - To: 49 m - Intercept Depth: 43.7 m #### Classification - Sample Type: drill - Group ID: APC171-D2:43.7-49 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: High silver grade reported in intercept. Evidence · text > 53 grams silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Ten permitted mines operate within about 3 km of Guayabales, which lies next to Aris Mining’s \(TSX: ARIS; NYSE-A: ARMN\) " ### APC171-D2 [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-drill-facts-8) Apollo · copper #### Identity - Hole ID: APC171-D2 - Project: Apollo - Commodity: copper - Region: colombia - Reported Region: colombia - Ticker: CNL #### Geometry - Grade: 0.15 - Grade Unit: % - Intercept: 5.3 m - From: 43.7 m - To: 49 m - Intercept Depth: 43.7 m #### Classification - Sample Type: drill - Group ID: APC171-D2:43.7-49 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Trace copper reported. Evidence · text > 0.15% copper from 43.7 metres depth #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Ten permitted mines operate within about 3 km of Guayabales, which lies next to Aris Mining’s \(TSX: ARIS; NYSE-A: ARMN\) " ### APC171-D1 [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-drill-facts-9) Apollo · gold #### Identity - Hole ID: APC171-D1 - Project: Apollo - Commodity: gold - Region: colombia - Reported Region: colombia - Ticker: CNL #### Geometry - Grade: 2.24 - Grade Unit: g/t - Intercept: 13.8 m - From: 188 m - To: 201.8 m - Intercept Depth: 188 m #### Classification - Sample Type: drill - Group ID: APC171-D1:188-201.8 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Intercept in the Ramp Zone. Evidence · text > returned 13.8 metres grading 2.24 grams gold #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Ten permitted mines operate within about 3 km of Guayabales, which lies next to Aris Mining’s \(TSX: ARIS; NYSE-A: ARMN\) " ### APC171-D1 [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-drill-facts-10) Apollo · silver #### Identity - Hole ID: APC171-D1 - Project: Apollo - Commodity: silver - Region: colombia - Reported Region: colombia - Ticker: CNL #### Geometry - Grade: 3 - Grade Unit: g/t - Intercept: 13.8 m - From: 188 m - To: 201.8 m - Intercept Depth: 188 m #### Classification - Sample Type: drill - Group ID: APC171-D1:188-201.8 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Silver byproduct. Evidence · text > 3 grams silver from 188 metres depth #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Ten permitted mines operate within about 3 km of Guayabales, which lies next to Aris Mining’s \(TSX: ARIS; NYSE-A: ARMN\) " ### APC171-D1 [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-drill-facts-11) Apollo · gold #### Identity - Hole ID: APC171-D1 - Project: Apollo - Commodity: gold - Region: colombia - Reported Region: colombia - Ticker: CNL #### Geometry - Grade: 2.69 - Grade Unit: g/t - Intercept: 8.6 m #### Classification - Sample Type: drill - Group ID: APC171-D1:188-201.8 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: High-grade sub-interval within the Ramp Zone intercept. Evidence · text > including 8.6 metres at 2.69 grams gold #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Ten permitted mines operate within about 3 km of Guayabales, which lies next to Aris Mining’s \(TSX: ARIS; NYSE-A: ARMN\) " ### APC171-D1 [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-drill-facts-12) Apollo · silver #### Identity - Hole ID: APC171-D1 - Project: Apollo - Commodity: silver - Region: colombia - Reported Region: colombia - Ticker: CNL #### Geometry - Grade: 1 - Grade Unit: g/t - Intercept: 8.6 m #### Classification - Sample Type: drill - Group ID: APC171-D1:188-201.8 #### QA/QC - QA/QC Disclosed: Yes - QA/QC Methods: standards, blanks #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Silver byproduct in sub-interval. Evidence · text > 1 gram silver #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: proximity is offered as the value premise: "Ten permitted mines operate within about 3 km of Guayabales, which lies next to Aris Mining’s \(TSX: ARIS; NYSE-A: ARMN\) " ## Resource Estimates (8) ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-resource-facts-13) Apollo · gold #### Identity - Project: Apollo - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: CNL #### Resource scope - Estimate type: resource - Resource group id: resource:7cdfef5b673be9deea80 #### Resource Data - Category: inferred - Tonnes: 48200000 - Grade: 1.6 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Inferred resource component. Evidence · text > 48.2 million inferred tonnes grade 1.6 grams gold #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-resource-facts-14) Apollo · silver #### Identity - Project: Apollo - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: CNL #### Resource scope - Estimate type: resource - Resource group id: resource:7cdfef5b673be9deea80 #### Resource Data - Category: inferred - Tonnes: 48200000 - Grade: 8.39 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Inferred resource component. Evidence · text > 8.39 grams silver #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-resource-facts-15) Apollo · copper #### Identity - Project: Apollo - Commodity: copper - Region: colombia - Reported Region: Colombia - Ticker: CNL #### Resource scope - Estimate type: resource - Resource group id: resource:7cdfef5b673be9deea80 #### Resource Data - Category: inferred - Tonnes: 48200000 - Grade: 0.03 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Inferred resource component. Evidence · text > 0.03% copper #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-resource-facts-16) Apollo · tungsten #### Identity - Project: Apollo - Commodity: tungsten - Region: colombia - Reported Region: Colombia - Ticker: CNL #### Resource scope - Estimate type: resource - Resource group id: resource:7cdfef5b673be9deea80 #### Resource Data - Category: inferred - Tonnes: 48200000 - Grade: 0.002 - Grade Unit: % WO₃ #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Inferred resource component. Evidence · text > 0.002% WO₃ #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-resource-facts-17) Apollo · gold #### Identity - Project: Apollo - Commodity: gold - Region: colombia - Reported Region: Colombia - Ticker: CNL #### Resource scope - Estimate type: resource - Resource group id: resource:c799755f226950bf87c0 #### Resource Data - Category: indicated - Tonnes: 37000000 - Grade: 1.38 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Indicated resource component. Evidence · text > 37 million indicated tonnes grading 1.38 grams gold per tonne #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-resource-facts-18) Apollo · silver #### Identity - Project: Apollo - Commodity: silver - Region: colombia - Reported Region: Colombia - Ticker: CNL #### Resource scope - Estimate type: resource - Resource group id: resource:c799755f226950bf87c0 #### Resource Data - Category: indicated - Tonnes: 37000000 - Grade: 24.4 - Grade Unit: g/t #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Indicated resource component. Evidence · text > 24.4 grams silver per tonne #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-resource-facts-19) Apollo · copper #### Identity - Project: Apollo - Commodity: copper - Region: colombia - Reported Region: Colombia - Ticker: CNL #### Resource scope - Estimate type: resource - Resource group id: resource:c799755f226950bf87c0 #### Resource Data - Category: indicated - Tonnes: 37000000 - Grade: 0.14 - Grade Unit: % #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Indicated resource component. Evidence · text > 0.14% copper #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/collective-hits-gold-tungsten-beyond-apollo-model--a1d3f72b-ec1f-4069-bede-29f900ce3639#fact-resource-facts-20) Apollo · tungsten #### Identity - Project: Apollo - Commodity: tungsten - Region: colombia - Reported Region: Colombia - Ticker: CNL #### Resource scope - Estimate type: resource - Resource group id: resource:c799755f226950bf87c0 #### Resource Data - Category: indicated - Tonnes: 37000000 - Grade: 0.011 - Grade Unit: % WO₃ #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-09-24T00:00:00.000Z Reasoning: Indicated resource component. Evidence · text > 0.011% WO₃ #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **No Contained Metal** Polarity: negative Definition: Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting. Why it applies: contained\_metal was not reported **No QP/CP Disclosure** Polarity: negative Definition: No Qualified Person or Competent Person named — lower credibility for the estimate. A QP/CP should be a member of a recognized professional association with relevant experience. Why it applies: no Qualified or Competent Person is named anywhere in the release **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports ## 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.