# Collective Mining Discovers Shallow High-Grade Silver-Tungsten Mineralization in Northern Apollo, Drilling 5.50m at 1,283 g/t Silver, 0.83% WO?, 0.57% Copper and 0.17 g/t Gold from 89.15m

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0

Original source: https://orestocks.com/company/CNL.TO/press-releases/7993677640102048

Publisher: orestocks

Original announcement: 2026-10-13T10:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: 2026-10-13T11:58:08.157Z

Atlas analysis updated: 2026-10-13T11:58:08.157Z

- Company: Collective Mining Ltd.

- Ticker: CNL.TO

- Exchange: Unavailable

- Region: Unavailable

- Primary commodity: Silver

- Secondary commodities: Tungsten, Copper, Gold

- Document categories: Drill results, Other

- Extracted: 2026-10-13 11:58:08 UTC

Narrative sentiment: 0.90 · Bullish

## Minestarters Atlas summary

Collective Mining announced exceptional high-grade silver-tungsten drill results from its Apollo project, including a bonanza intercept of 5.50 meters at 1,283 g/t silver, 0.83% WO₃, 0.57% copper, and 0.17 g/t gold from 89.15 meters in hole APC-186. These results, along with broad shallow mineralization in the Shallow Halo Zone, indicate significant potential for resource growth within the existing pit shell and beyond, with only 29% of the SHZ currently tested. The company is also advancing permitting and has 13 rigs operating at the Guayabales Project.

Reasoning: Collective Mining announced exceptional high-grade silver-tungsten-copper-gold intercepts, including a bonanza silver grade of 1,283 g/t over 5.50m, representing a new discovery and significant resource growth potential within the Apollo project's Shallow Halo Zone. The results are substantially higher than previous best grades for silver, tungsten, and copper at the project.

- Positive factor: New high-grade silver-tungsten discovery in hole APC-186 with exceptional silver and tungsten grades, significantly exceeding prior best results.

- Positive factor: Broad shallow mineralization across the Shallow Halo Zone \(SHZ\) with multiple intercepts above the open pit cut-off grade.

- Positive factor: Significant potential for resource growth within the existing pit shell by converting previously modelled waste to potential resources.

- Positive factor: Mineralization remains open in multiple directions, with only 29% of the SHZ tested, indicating substantial exploration upside.

- Positive factor: Accelerated permitting track with construction of exploration adit set to begin in Q4 2026 and environmental license application targeted for H2 2027.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 26

## Classification and evidence

No classification tags are available.

## Extracted facts

Stored fact records: 26. Some facts used in scoring do not have a stored record.

## Drill Results (26)

### APC-186

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-0)

Apollo · silver

#### Identity

- Hole ID: APC-186
- Project: Apollo
- Commodity: silver
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 158
- Grade Unit: g/t
- Intercept: 87.6 m
- From: 17.7 m
- To: 105.3 m
- Intercept Depth: 17.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-186:17.7-105.3
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This broad intercept shows good polymetallic mineralization, contributing to the overall resource potential of the SHZ.

- Positive factor: Broad intercept length of 87.60m.

- Positive factor: High silver equivalent grade of 158 g/t AgEq.

- Positive factor: Contains significant grades of silver, gold, copper, and tungsten.

Evidence · table

> 158

Context: 87.60

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-186

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-1)

Apollo · silver

#### Identity

- Hole ID: APC-186
- Project: Apollo
- Commodity: silver
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 46
- Grade Unit: g/t
- Intercept: 41.05 m
- From: 36.6 m
- To: 77.65 m
- Intercept Depth: 17.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-186:36.6-77.65
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This sub-interval within APC-186 shows good mineralization in the oxide zone, contributing to the overall shallow resource potential.

- Positive factor: Broad intercept length of 41.05m.

- Positive factor: Located in oxide rock, potentially amenable to simpler processing.

Evidence · table

> 46

Context: 41.05

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-186

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-2)

Apollo · silver

#### Identity

- Hole ID: APC-186
- Project: Apollo
- Commodity: silver
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 447
- Grade Unit: g/t
- Intercept: 26.1 m
- From: 77.65 m
- To: 103.75 m
- Intercept Depth: 17.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-186:77.65-103.75
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This high-grade sub-interval within APC-186 demonstrates strong polymetallic mineralization in the transition zone, contributing significantly to the discovery.

- Positive factor: High silver equivalent grade of 447 g/t AgEq.

- Positive factor: Significant silver grade of 286 g/t, which is strong according to rubrics.

- Positive factor: Presence of tungsten and copper adds to value.

Evidence · table

> 447

Context: 26.10

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-186

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-3)

Apollo · silver

#### Identity

- Hole ID: APC-186
- Project: Apollo
- Commodity: silver
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 1999
- Grade Unit: g/t
- Intercept: 5.5 m
- From: 89.15 m
- To: 94.65 m
- Intercept Depth: 17.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-186:89.15-94.65
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This intercept represents a new high-grade silver-tungsten discovery, with bonanza grades for both silver and tungsten, making it a highly material and novel result for the project.

- Positive factor: Exceptional silver grade of 1,283 g/t, significantly exceeding the 500 g/t threshold for bonanza intercepts.

- Positive factor: Exceptional tungsten grade of 0.83% WO3, far exceeding prior results and indicating a new high-grade discovery.

- Positive factor: Moderate copper grade of 0.57% adds to the overall value.

- Positive factor: High silver equivalent grade of 1,999 g/t AgEq.

Evidence · table

> 1,999

Context: 5.50

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

#### Rejected tags

**Bonanza Intercept** — Rejected; excluded from scoring

Polarity: positive

Story-specific tag

Definition: Exceptionally high-grade zone, well above the deposit-type norm.

Reason: Silver grade of 1,283 g/t is well above the exceptional threshold of 500 g/t for silver. Tungsten grade of 0.83% WO3 is also exceptionally high compared to prior results.

Evidence · text

> 1,283 g/t Silver, 0.83% WO₃

### APC-184

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-4)

Apollo · silver

#### Identity

- Hole ID: APC-184
- Project: Apollo
- Commodity: silver
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 44
- Grade Unit: g/t
- Intercept: 121.4 m
- From: 8.7 m
- To: 130.1 m
- Intercept Depth: 8.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-184:8.7-130.1
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This broad, shallow intercept demonstrates significant mineralization continuity within the SHZ, contributing to overall resource potential.

- Positive factor: Very broad intercept length of 121.40m.

- Positive factor: Shallow mineralization starting from 8.70m.

Evidence · table

> 44

Context: 121.40

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-184

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-5)

Apollo · silver

#### Identity

- Hole ID: APC-184
- Project: Apollo
- Commodity: silver
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 61
- Grade Unit: g/t
- Intercept: 20.6 m
- From: 45 m
- To: 65.6 m
- Intercept Depth: 8.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-184:45-65.6
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This sub-interval within APC-184 shows good mineralization in the oxide zone, contributing to the shallow resource potential.

- Positive factor: Good silver equivalent grade of 61 g/t AgEq.

- Positive factor: Located in oxide rock, potentially amenable to simpler processing.

Evidence · table

> 61

Context: 20.60

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-184

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-6)

Apollo · silver

#### Identity

- Hole ID: APC-184
- Project: Apollo
- Commodity: silver
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 123
- Grade Unit: g/t
- Intercept: 19.5 m
- From: 65.6 m
- To: 85.1 m
- Intercept Depth: 8.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-184:65.6-85.1
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This sub-interval within APC-184 shows strong mineralization in the transition zone, adding to the overall resource potential.

- Positive factor: Strong silver equivalent grade of 123 g/t AgEq.

- Positive factor: Good silver grade of 93 g/t, approaching the moderate threshold.

Evidence · table

> 123

Context: 19.50

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-184

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-7)

Apollo · silver

#### Identity

- Hole ID: APC-184
- Project: Apollo
- Commodity: silver
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 58
- Grade Unit: g/t
- Intercept: 27.95 m
- From: 85.1 m
- To: 113.05 m
- Intercept Depth: 8.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-184:85.1-113.05
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This sub-interval within APC-184 shows consistent mineralization in primary rock, extending the mineralized footprint at depth.

- Positive factor: Good intercept length of 27.95m.

- Positive factor: Contains multiple metals including tungsten in primary rock.

Evidence · table

> 58

Context: 27.95

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-184

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-8)

Apollo · silver

#### Identity

- Hole ID: APC-184
- Project: Apollo
- Commodity: silver
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 701
- Grade Unit: g/t
- Intercept: 1.5 m
- From: 107.6 m
- To: 109.1 m
- Intercept Depth: 8.7 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-184:107.6-109.1
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This high-grade silver-tungsten intercept in primary rock within APC-184 is a significant discovery, demonstrating the potential for high-grade mineralization at depth.

- Positive factor: Exceptional silver equivalent grade of 701 g/t AgEq.

- Positive factor: High silver grade of 351 g/t, approaching the exceptional threshold.

- Positive factor: High tungsten grade of 0.42% WO3, indicating significant value.

- Positive factor: Located in primary rock, suggesting continuity at depth.

Evidence · table

> 701

Context: 1.50

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-189

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-9)

Apollo · gold

#### Identity

- Hole ID: APC-189
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 0.31
- Grade Unit: g/t
- Intercept: 17.85 m
- From: 27.55 m
- To: 45.4 m
- Intercept Depth: 27.55 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-189:27.55-45.4
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This intercept shows mineralization in the oxide zone, contributing to the shallow resource potential, though at a lower grade.

- Positive factor: Intercept length of 17.85m.

- Positive factor: Located in oxide rock, potentially amenable to simpler processing.

Evidence · table

> 0.31

Context: 17.85

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-189

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-10)

Apollo · gold

#### Identity

- Hole ID: APC-189
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 0.56
- Grade Unit: g/t
- Intercept: 58.2 m
- From: 57.4 m
- To: 115.6 m
- Intercept Depth: 27.55 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-189:57.4-115.6
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This broad intercept in APC-189 demonstrates consistent mineralization across oxide and transition rock, contributing to the overall shallow resource potential.

- Positive factor: Broad intercept length of 58.20m.

- Positive factor: Gold equivalent grade of 0.56 g/t AuEq is above the open pit cut-off grade.

Evidence · table

> 0.56

Context: 58.20

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-189

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-11)

Apollo · gold

#### Identity

- Hole ID: APC-189
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 1.01
- Grade Unit: g/t
- Intercept: 9.3 m
- From: 61.9 m
- To: 71.2 m
- Intercept Depth: 27.55 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-189:61.9-71.2
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This higher-grade sub-interval within APC-189 enhances the overall shallow mineralization in the oxide zone.

- Positive factor: Good gold equivalent grade of 1.01 g/t AuEq, well above the cut-off.

- Positive factor: Good gold grade of 0.91 g/t, approaching the moderate threshold.

Evidence · table

> 1.01

Context: 9.30

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-189

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-12)

Apollo · gold

#### Identity

- Hole ID: APC-189
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 0.57
- Grade Unit: g/t
- Intercept: 17.25 m
- From: 98.35 m
- To: 115.6 m
- Intercept Depth: 27.55 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-189:98.35-115.6
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This sub-interval within APC-189 shows consistent mineralization in the transition zone, contributing to the overall shallow resource potential.

- Positive factor: Intercept length of 17.25m.

- Positive factor: Gold equivalent grade of 0.57 g/t AuEq is above the open pit cut-off grade.

Evidence · table

> 0.57

Context: 17.25

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-190

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-13)

Apollo · gold

#### Identity

- Hole ID: APC-190
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 0.42
- Grade Unit: g/t
- Intercept: 63.5 m
- From: 15.5 m
- To: 79 m
- Intercept Depth: 15.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-190:15.5-79
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This broad, shallow intercept in APC-190 demonstrates consistent mineralization, contributing to the overall shallow resource potential.

- Positive factor: Broad intercept length of 63.50m.

- Positive factor: Shallow mineralization starting from 15.50m.

- Positive factor: Gold equivalent grade of 0.42 g/t AuEq is above the open pit cut-off grade.

Evidence · table

> 0.42

Context: 63.50

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-190

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-14)

Apollo · gold

#### Identity

- Hole ID: APC-190
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 0.46
- Grade Unit: g/t
- Intercept: 27.6 m
- From: 17 m
- To: 44.6 m
- Intercept Depth: 15.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-190:17-44.6
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This sub-interval within APC-190 shows consistent mineralization in the oxide zone, contributing to the shallow resource potential.

- Positive factor: Intercept length of 27.60m.

- Positive factor: Located in oxide rock, potentially amenable to simpler processing.

Evidence · table

> 0.46

Context: 27.60

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-190

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-15)

Apollo · gold

#### Identity

- Hole ID: APC-190
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 0.55
- Grade Unit: g/t
- Intercept: 17.5 m
- From: 50.15 m
- To: 67.65 m
- Intercept Depth: 15.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-190:50.15-67.65
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This sub-interval within APC-190 shows consistent mineralization in the transition zone, contributing to the overall shallow resource potential.

- Positive factor: Intercept length of 17.50m.

- Positive factor: Gold equivalent grade of 0.55 g/t AuEq is above the open pit cut-off grade.

Evidence · table

> 0.55

Context: 17.50

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-190

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-16)

Apollo · gold

#### Identity

- Hole ID: APC-190
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 3.02
- Grade Unit: g/t
- Intercept: 1.5 m
- From: 163.1 m
- To: 164.6 m
- Intercept Depth: 15.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-190:163.1-164.6
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This high-grade intercept in primary rock within APC-190 demonstrates significant gold mineralization at depth.

- Positive factor: High gold equivalent grade of 3.02 g/t AuEq.

- Positive factor: Strong gold grade of 2.34 g/t, exceeding the strong threshold for open pit gold.

- Positive factor: Located in primary rock, suggesting continuity at depth.

Evidence · table

> 3.02

Context: 1.50

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-190

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-17)

Apollo · gold

#### Identity

- Hole ID: APC-190
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 3.17
- Grade Unit: g/t
- Intercept: 1.3 m
- From: 189.4 m
- To: 190.7 m
- Intercept Depth: 15.5 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-190:189.4-190.7
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This high-grade intercept in primary rock within APC-190 further demonstrates significant gold mineralization at depth.

- Positive factor: High gold equivalent grade of 3.17 g/t AuEq.

- Positive factor: Strong gold grade of 2.74 g/t, exceeding the strong threshold for open pit gold.

- Positive factor: Located in primary rock, suggesting continuity at depth.

Evidence · table

> 3.17

Context: 1.30

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-194

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-18)

Apollo · gold

#### Identity

- Hole ID: APC-194
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 0.41
- Grade Unit: g/t
- Intercept: 67.25 m
- From: 22.3 m
- To: 89.55 m
- Intercept Depth: 22.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-194:22.3-89.55
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This broad, shallow intercept in APC-194 demonstrates consistent mineralization, contributing to the overall shallow resource potential.

- Positive factor: Broad intercept length of 67.25m.

- Positive factor: Shallow mineralization starting from 22.30m.

- Positive factor: Gold equivalent grade of 0.41 g/t AuEq is above the open pit cut-off grade.

Evidence · table

> 0.41

Context: 67.25

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-194

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-19)

Apollo · gold

#### Identity

- Hole ID: APC-194
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 0.64
- Grade Unit: g/t
- Intercept: 19.25 m
- From: 22.3 m
- To: 41.55 m
- Intercept Depth: 22.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-194:22.3-41.55
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This sub-interval within APC-194 shows consistent mineralization in the oxide zone, contributing to the shallow resource potential.

- Positive factor: Intercept length of 19.25m.

- Positive factor: Gold equivalent grade of 0.64 g/t AuEq is above the open pit cut-off grade.

- Positive factor: Located in oxide rock, potentially amenable to simpler processing.

Evidence · table

> 0.64

Context: 19.25

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-194

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-20)

Apollo · gold

#### Identity

- Hole ID: APC-194
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 0.53
- Grade Unit: g/t
- Intercept: 9.05 m
- From: 80.5 m
- To: 89.55 m
- Intercept Depth: 22.3 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-194:80.5-89.55
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This sub-interval within APC-194 shows consistent mineralization in the transition zone, contributing to the overall shallow resource potential.

- Positive factor: Intercept length of 9.05m.

- Positive factor: Gold equivalent grade of 0.53 g/t AuEq is above the open pit cut-off grade.

Evidence · table

> 0.53

Context: 9.05

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-193

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-21)

Apollo · gold

#### Identity

- Hole ID: APC-193
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 0.97
- Grade Unit: g/t
- Intercept: 149.55 m
- From: 0 m
- To: 149.55 m
- Intercept Depth: 0 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-193:0-149.55
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This very broad and shallow intercept in APC-193 demonstrates significant mineralization from surface, contributing to the overall shallow resource potential of the SHZ.

- Positive factor: Very broad intercept length of 149.55m, starting from surface.

- Positive factor: Gold equivalent grade of 0.97 g/t AuEq is well above the open pit cut-off grade.

- Positive factor: Contains significant grades of gold, silver, and copper.

Evidence · table

> 0.97

Context: 149.55

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-193

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-22)

Apollo · gold

#### Identity

- Hole ID: APC-193
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 1.14
- Grade Unit: g/t
- Intercept: 45.5 m
- From: 14.2 m
- To: 59.7 m
- Intercept Depth: 0 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-193:14.2-59.7
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This sub-interval within APC-193 shows strong mineralization in the oxide zone, contributing to the shallow resource potential.

- Positive factor: Good intercept length of 45.50m.

- Positive factor: Gold equivalent grade of 1.14 g/t AuEq is well above the open pit cut-off grade.

- Positive factor: Good silver grade of 44 g/t, exceeding the weak threshold.

Evidence · table

> 1.14

Context: 45.50

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-193

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-23)

Apollo · gold

#### Identity

- Hole ID: APC-193
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 2.5
- Grade Unit: g/t
- Intercept: 14.7 m
- From: 59.7 m
- To: 74.4 m
- Intercept Depth: 0 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-193:59.7-74.4
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This high-grade sub-interval within APC-193 demonstrates strong polymetallic mineralization in the transition zone, enhancing the overall resource potential.

- Positive factor: High gold equivalent grade of 2.50 g/t AuEq, exceeding the strong threshold for open pit gold.

- Positive factor: Strong silver grade of 104 g/t, exceeding the moderate threshold.

Evidence · table

> 2.50

Context: 14.70

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-193

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-24)

Apollo · silver

#### Identity

- Hole ID: APC-193
- Project: Apollo
- Commodity: silver
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 265
- Grade Unit: g/t
- Intercept: 1.35 m
- From: 59.7 m
- To: 61.05 m
- Intercept Depth: 0 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-193:59.7-61.05
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This high-grade sub-interval within APC-193 demonstrates strong polymetallic mineralization in the transition zone, enhancing the overall resource potential.

- Positive factor: High silver equivalent grade of 265 g/t AgEq.

- Positive factor: Moderate silver grade of 120 g/t, exceeding the moderate threshold.

- Positive factor: Presence of tungsten and copper adds to value.

Evidence · table

> 265

Context: 1.35

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

### APC-193

[Link to this fact](https://atlas-staging.minestarters.com/news/collective-mining-discovers-shallow-high-grade-silver-tungsten-mineralization-in--4dcd2901-2e72-4540-8f7c-ebd268d50ba0#fact-drill-facts-25)

Apollo · gold

#### Identity

- Hole ID: APC-193
- Project: Apollo
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL.TO

#### Geometry

- Grade: 1.09
- Grade Unit: g/t
- Intercept: 33.75 m
- From: 96.9 m
- To: 130.65 m
- Intercept Depth: 0 m

#### Classification

- Program: mixed
- Sample Type: drill
- Group ID: APC-193:96.9-130.65
- Mining Method: open\_pit

#### Location

- Location: Northern SHZ
- Loc. Source: document

#### QA/QC

- Laboratory: ALS
- QA/QC Disclosed: Yes
- Lab Certified: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Metal Equivalent

- Assumptions Disclosed: Yes

#### Compositing

- Cutoff Grade: 0.3
- Cutoff Unit: g/t AuEq

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-10-13T00:00:00.000Z

Reasoning: This intercept in primary rock within APC-193 demonstrates consistent mineralization at depth, contributing to the overall resource potential.

- Positive factor: Good intercept length of 33.75m.

- Positive factor: Gold equivalent grade of 1.09 g/t AuEq is well above the open pit cut-off grade.

- Positive factor: Good gold grade of 0.58 g/t, exceeding the moderate threshold.

Evidence · table

> 1.09

Context: 33.75

#### 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

**Infill Drilling**

Polarity: neutral

Definition: Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: drill\_program\_type is "mixed"

## 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.