Collective Mining drills new high-grade tungsten, gold zone in Colombia

Original announcement by resourceworld on

Company
Collective Mining Ltd.
Ticker
CNL
Exchange
Unavailable
Region
Caldas, Colombia
Primary commodity
Gold
Secondary commodities
Tungsten, Silver
Document categories
Drill results
Extracted
2026-09-24 16:20:53 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Collective Mining has intersected a new high-grade tungsten-gold zone at its Guayabales Project in Colombia. Drill hole APC150-D4 returned 8.15 metres of 14.82 g/t AuEq, including 8.47 g/t gold, marking the first time high-grade tungsten has been found in the surrounding schist.

Reasoning: Discovery of a new high-grade zone in previously untested schist extends the exploration potential beyond the known Apollo breccia body.

Positive factors

  • New high-grade tungsten-gold zone discovered outside existing breccia margin
  • High-grade gold and silver intercepts
  • Establishes brand-new exploration target in untested schist

Facts used in scoring: 4

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The intersection of high-grade tungsten and gold in the schist outside the southern margin of the Apollo breccia represents an extension of known mineralization into a new zone.

Evidence · text

“include a new high-grade tungsten-gold zone hosted in schist rock outside the southern Apollo breccia body margin”

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The company is positioning the new schist target as an extension of the existing Apollo system.

Evidence · text

“opens a new exploration opportunity at Apollo beyond the breccia body”

Extracted facts

Stored fact records: 4. Some facts used in scoring do not have a stored record.

Drill Results (4)

APC150-D4Guayabales · goldGrade: 8.47Grade Unit: g/tIntercept: 8.15 mView all details
Link to this fact

Identity

Hole ID
APC150-D4
Project
Guayabales
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

Program
exploration
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 gold over 8.15m is a strong intercept for an exploration target.

Positive factors

  • High-grade gold intercept

Evidence · text

“8.15 metres of grade 14.82 g/t AuEq (0.40$ W03, 8.47 g/t gold and 4.0 g/t silver), beginning 927 metres below surface”

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "To date, Collective has received assays for 196,500 metres of diamond drilling across the Guayabales and nearby San Anto"

APC150-D4Guayabales · silverGrade: 4Grade Unit: g/tIntercept: 8.15 mView all details
Link to this fact

Identity

Hole ID
APC150-D4
Project
Guayabales
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

Program
exploration
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 is reported as a credit within a high-grade gold/tungsten intercept.

Positive factors

  • Silver credits in high-grade gold zone

Evidence · text

“4.0 g/t silver”

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "To date, Collective has received assays for 196,500 metres of diamond drilling across the Guayabales and nearby San Anto"

APC150-D4Guayabales · tungstenGrade: 0.4Grade Unit: $ W03Intercept: 8.15 mView all details
Link to this fact

Identity

Hole ID
APC150-D4
Project
Guayabales
Commodity
tungsten
Region
colombia
Reported Region
colombia
Ticker
CNL

Geometry

Grade
0.4
Grade Unit
$ W03
Intercept
8.15 m
From
927 m
To
935.15 m
Intercept Depth
927 m

Classification

Program
exploration
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: The discovery of tungsten in this specific schist unit establishes a brand-new target.

Positive factors

  • First intersection of high-grade tungsten in this schist unit

Evidence · text

“0.40$ W03”

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "To date, Collective has received assays for 196,500 metres of diamond drilling across the Guayabales and nearby San Anto"

APC150-D4Guayabales · goldGrade: 14.82Grade Unit: g/tIntercept: 8.15 mView all details
Link to this fact

Identity

Hole ID
APC150-D4
Project
Guayabales
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
CNL

Geometry

Grade
14.82
Grade Unit
g/t
Intercept
8.15 m
From
927 m
To
935.15 m
Intercept Depth
927 m

Classification

Program
exploration
Sample Type
drill
Group ID
APC150-D4:927-935.15

QA/QC

QA/QC Disclosed
Yes
QA/QC Methods
standards, blanks

Metal Equivalent

Metal Eq. Grade
14.82
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
No

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-09-24T00:00:00.000Z

Reasoning: High-grade AuEq intercept reported, but specific price/recovery assumptions for the equivalent are not in the text.

Positive factors

  • High-grade gold equivalent intercept

Negative factors

  • Metal equivalent assumptions not disclosed

Evidence · text

“8.15 metres of grade 14.82 g/t AuEq”

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Metal Equivalent Opaquenegative

Metal equivalent grade reported without disclosing the price, recovery, or payability assumptions used.

Why it applies: an equivalent grade is reported without its assumptions

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "To date, Collective has received assays for 196,500 metres of diamond drilling across the Guayabales and nearby San Anto"

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.