Collective Mining (NYSE American: CNL) fully funds 2026 100,000m drill plan
Rhea-AI Filing Summary
Collective Mining Ltd. released its 2025 Sustainability Report, highlighting 62,500 meters of exploration drilling in 2025 across its Colombian projects, advancing the Apollo system and the broader Guayabales and San Antonio projects while emphasizing community and environmental initiatives under "The Collective Way."
In total, the company has completed over 184,000 meters of diamond drilling, including 120,000 meters at the flagship Apollo system. With US$113.3 million in cash as of March 31, 2026, it is fully funded for a 2026 program envisioning up to 100,000 meters of drilling and currently operates 13 diamond drill rigs at Guayabales. Management, insiders, a strategic investor and close contacts own 45.2% of outstanding shares, and the company continues to focus on water, infrastructure, education and agricultural initiatives in local communities.
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Sustainability Report financial
diamond drilling technical
enterprise value financial
forward-looking statements regulatory
mineral exploration technical
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2026
Commission File Number: 001-42170
Collective Mining Ltd.
(Translation of registrant’s name into English)
201 South Biscayne Boulevard, Suite 2210
Miami, FL 33131
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☐ Form 40-F ☒
| EXHIBIT INDEX | ||
|
EXHIBIT NO. |
DESCRIPTION | |
| 99.1 | Press release dated July 22, 2026 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Collective Mining Ltd. | ||
| Date: July 22, 2026 | ||
| By: | /s/ Paul Begin | |
| Name: | Paul Begin | |
| Title: | Chief Financial Officer and Corporate Secretary | |
Exhibit 99.1
Collective Mining Publishes its 2025 Sustainability Report
MIAMI, July 22, 2026 /CNW/ - Collective Mining Ltd. (NYSE: CNL) (TSX: CNL) ("Collective" or the "Company") is pleased to announce the release of its 2025 Sustainability Report, detailing the Company's sustainability initiatives and performance across its exploration projects in Colombia.
In 2025, the Company completed 62,500 meters of exploration drilling, its most ambitious campaign to date, materially advancing the Apollo system while furthering its understanding of the broader Guayabales and San Antonio Projects. Alongside the exploration progress, Collective continued to strengthen its local workforce, invest in community development and responsibly manage the environmental impacts associated with its expanding activities.
Guided by its commitment to "The Collective Way," the Company continued to build long-term partnerships in the region through initiatives focused on water access and sanitation, infrastructure, education, agricultural development, technical training and community capacity building.
Omar Ossma, President, commented: "2025 was a defining year for Collective. We executed and completed the most robust exploration campaign in our history while continuing to deepen our partnerships and expand our investment across the communities where we operate. The outcomes outlined in our latest sustainability report reflect the company we are building: technically ambitious, locally rooted and disciplined in how we grow. As we advance the Guayabales and San Antonio projects, we remain focused on deepening local partnerships, managing our environmental responsibilities and ensuring that the value created through discovery is inclusive and long-lasting."
Key Highlights from the 2025 Sustainability Report include:
| • | Approximately US$1.45 million in total social investment, with 57.5% funded directly by Collective and 42.5% contributed by strategic partners, reaching 18,880 beneficiaries across 1,745 families and strengthening the capabilities of 237 community leaders. |
| • | Zero Lost Time Injuries for direct employees throughout 2025, maintaining a Total Recordable Injury Frequency Rate ("TRIFR") of 0%. |
| • | Zero instances of environmental non-compliance during the period. |
| • | A 38% year-over-year increase in direct employment, reflecting the continued expansion of the Company's exploration, engineering and social activities. |
| • | 81% of the Company's employees are from Caldas, with women representing 35% of direct employment at year-end. |
The full report is available on the Company's website at www.collectivemining.com
To date, Collective has completed over 184,000 meters of diamond drilling across the Guayabales and San Antonio projects, including 120,000 meters at the flagship Apollo system, which anchors the Guayabales Project.
With US$113.3 million in cash (as of March 31, 2026), the Company is fully funded for its planned 2026 program, which envisions up to 100,000 meters of drilling. The Company presently has 13 diamond drill rigs operating across the Guayabales Project.
About Collective Mining Ltd.
To see our latest corporate presentation and related information, please visit www.collectivemining.com.
Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $2 billion in enterprise value, Collective is a gold, silver, copper and tungsten exploration company with projects in Caldas, Colombia. The Company's two projects are located directly within an established mining camp with ten fully permitted and operating mines.
The Company's flagship project, Guayabales, is anchored by the Apollo system, which hosts the large-scale, bulk-tonnage and high-grade gold-silver-copper-tungsten Apollo system. The Company's objectives at the Guayabales Project are to expand the newly discovered high-grade Ramp Zone along strike and to depth, drill test the new outcropping Northern Apollo Oxidized area, drill the recently granted license covering the northwestern extension of the Trap target, and drill a series of greenfield generated targets across the property.
Management, insiders, a strategic investor and close family and friends own 45.2% of the outstanding shares of the Company and as a result, are fully aligned with shareholders. The Company is listed on both the NYSE American and TSX under the trading symbol "CNL".
Information Contact:
Follow Executive Chairman Ari Sussman (@Ariski73) on X
Follow Collective Mining (@CollectiveCNL) on X, (Collective Mining) on LinkedIn, and (@collectivemining) on Instagram
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" and "forward-looking information" within the meaning of applicable securities legislation (collectively, "forward-looking statements"). All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements relate, among other things, to the anticipated advancement of mineral properties or programs; future operations; future recovery metal recovery rates; future growth potential of Collective; and future development plans.
These forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding future events including the direction of our business. Management believes that these assumptions are reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others: risks related to the speculative nature of the Company's business; the Company's formative stage of development; the Company's financial position; possible variations in mineralization, grade or recovery rates; actual results of current exploration activities; conclusions of future economic evaluations; fluctuations in general macroeconomic conditions; fluctuations in securities markets; fluctuations in spot and forward prices of gold, precious and base metals or certain other commodities; fluctuations in currency markets; change in national and local government, legislation, taxation, controls regulations and political or economic developments; risks and hazards associated with the business of mineral exploration, development and mining (including environmental hazards, industrial accidents, unusual or unexpected formation pressures, cave-ins and flooding); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims by local communities and indigenous populations; availability of increasing costs associated with mining inputs and labor; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government authorities); and title to properties, as well as those risk factors discussed or referred to in the annual information form of the Company dated March 30, 2026. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as may be required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements and there may be other factors that cause results not to be anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements.
SOURCE Collective Mining Ltd.
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%CIK: 0001953575
For further information: Investors and Media: Paul Begin, Chief Financial Officer, p.begin@collectivemining.com, +1 (416) 451-2727
CO: Collective Mining Ltd.
CNW 10:00e 22-JUL-26