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Collective Mining adds technical report for Apollo

The company says its NI 43-101 resource disclosures may not be comparable with U.S. mineral disclosures prepared under S-K 1300.

(Moderate)

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Form Type
6-K

Rhea-AI Filing Summary

Collective Mining Ltd. (CNL) filed an independent technical report supporting the maiden Mineral Resource estimate for the Apollo deposit at its Guayabales Project in Colombia. Effective October 13, 2026, the report was prepared under NI 43-101 and supports the estimate the company disclosed September 8, 2026.

The estimate lists 2.58 million ounces AuEq Indicated (37.0 million tonnes at 2.17 g/t AuEq) and 2.83 million ounces AuEq Inferred (48.2 million tonnes at 1.83 g/t AuEq). The company says NI 43-101 resource information may not be comparable with U.S. disclosures under S-K 1300. Its stated Guayabales objectives include continued expansion and infill drilling at Apollo and technical, environmental and permitting work.

Indicated AuEq Mineral Resource 2.58 million ounces AuEq Apollo deposit; maiden Mineral Resource estimate
Indicated resource tonnage 37.0 million tonnes Apollo deposit; Indicated estimate
Indicated AuEq grade 2.17 g/t AuEq Apollo deposit; Indicated estimate
Inferred AuEq Mineral Resource 2.83 million ounces AuEq Apollo deposit; maiden Mineral Resource estimate
Inferred resource tonnage 48.2 million tonnes Apollo deposit; Inferred estimate
Inferred AuEq grade 1.83 g/t AuEq Apollo deposit; Inferred estimate
Ownership by management, insiders, strategic investor, family and friends 45.2% of outstanding shares Company statement
Mineral Resource technical
"maiden Mineral Resource estimate"
A mineral resource is a naturally occurring concentration of minerals in the ground that is considered valuable and likely recoverable based on geological evidence and preliminary studies. For investors, it signals the potential size and worth of a deposit—like a marked treasure area on a map—while also carrying uncertainty about how much can actually be mined and at what cost, affecting project value and risk.
AuEq technical
"2.58 million ounces AuEq Indicated"
Indicated technical
"2.58 million ounces AuEq Indicated"
Indicated describes a medical use or patient group for which a drug, device, or treatment has been shown or authorized to work; it's like a label that says which problem the product is meant to fix. For investors, a new or expanded indication can directly change a product’s potential sales and market size, similar to a store adding a new aisle of goods that attracts more customers.
Inferred technical
"2.83 million ounces AuEq Inferred"
Inferred means a conclusion or piece of information drawn from available clues rather than directly observed or confirmed. For investors, an inference is like reading a weather forecast from cloud patterns: it helps form expectations about a company’s performance or risks when hard data is missing, but it carries uncertainty and should be weighed alongside verified facts.
NI 43-101 regulatory
"prepared in accordance with NI 43-101"
A Canadian regulatory standard that sets the rules for how mining and exploration companies must report mineral resources and reserves, requiring technical reports prepared or signed off by an independent, certified expert. It matters to investors because it creates a consistent, transparent “inspection report” for mining projects, making it easier to compare prospects, judge the reliability of claims, and assess geological and financial risk before investing.
CIM Definition Standards regulatory
"NI 43-101 and the CIM Definition Standards"
CIM Definition Standards are a set of rules used to classify and report quantities of minerals in a mine or exploration project, spelling out what counts as a measured, indicated, or inferred resource and what is considered a reserve. For investors, they provide a common yardstick so you can compare the size and reliability of mineral estimates across projects — like using the same recipe to judge how likely a cooking result will turn out as advertised.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is CNL's Apollo mineral resource estimate?

The Indicated estimate is 2.58 million ounces AuEq from 37.0 million tonnes at 2.17 g/t AuEq, including 1.38 g/t Au, 24.4 g/t Ag, 0.14% Cu and 0.011% WO₃. The Inferred estimate is 2.83 million ounces AuEq from 48.2 million tonnes at 1.83 g/t AuEq, including 1.60 g/t Au, 8.39 g/t Ag, 0.03% Cu and 0.002% WO₃.

Does CNL's Apollo mineral resource estimate compare with U.S. disclosures?

Collective says its mineral resource information, reported under NI 43-101 and CIM Definition Standards, may not be comparable with similar information from U.S. companies subject to S-K 1300. It also says there can be no assurance that a resource reported under NI 43-101 would be the same if prepared under S-K 1300.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates

 

 

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 October 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 October 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: October 22, 2026    
  By: /s/ Paul Begin
  Name: Paul Begin
  Title: Chief Financial Officer and Corporate Secretary

 

 

 

 

 

Exhibit 99.1

 

 

Collective Mining Files NI 43-101 Technical Report for Maiden Mineral Resource for the Apollo Deposit

MIAMI, Oct. 22, 2026 /CNW/ - Collective Mining Ltd. (NASDAQ: CNL) (TSX: CNL) ("Collective" or the "Company") is pleased to announce that it has filed an independent technical report in support of the maiden Mineral Resource estimate ("Mineral Resource") for its Apollo deposit ("Apollo") at the Guayabales Project in Caldas, Colombia.

The technical report, entitled "Guayabales Project - Apollo Mineral Resource, Caldas Department, Colombia", with an effective date of October 13, 2026, has been prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and supports the maiden Mineral Resource estimate disclosed in the Company's September 8, 2026 news release.

The technical report is available under the Company's profile on SEDAR+ (www.sedarplus.ca), EDGAR (www.sec.gov) and on the Company's website (www.collectivemining.com).

About Collective Mining Ltd.

Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately US$1.4 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 Apollo, a large-scale, bulk-tonnage and high-grade gold-silver-copper-tungsten deposit that hosts a maiden Mineral Resource of 2.58 million ounces AuEq Indicated (37.0 Mt at a grade of 2.17 g/t AuEq: 1.38 g/t Au, 24.4 g/t Ag, 0.14% Cu and 0.011% WO₃) and 2.83 million ounces AuEq Inferred (48.2 Mt at a grade of 1.83 g/t AuEq: 1.60 g/t Au, 8.39 g/t Ag, 0.03% Cu and 0.002% WO₃). The Company's objectives at the Guayabales Project are to continue expansion and infill drilling at Apollo while advancing technical, environmental and permitting work across the project.

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 NASDAQ and the TSX under the trading symbol "CNL".

Qualified Persons (QP) and NI 43-101 Disclosure

The Mineral Resource and the scientific and technical information relating to the Mineral Resource in the technical report and in this news release was prepared by Ivor W.O. Jones, FAusIMM, P.Geo. (APEGBC), an independent Qualified Person as defined by NI 43-101. Mr. Jones has verified the data underlying the Mineral Resource and has reviewed and approved the Mineral Resource information contained in this news release in the form and context in which it appears.

Information Contact:

Follow Executive Chairman Ari Sussman (@Ariski73) on X

Follow Collective Mining (@CollectiveCNL) on X, (Collective Mining) on LinkedIn, and (@collectivemining) on Instagram

To see our latest corporate presentation and related information, please visit www.collectivemining.com.

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 metal recovery rates; future growth potential of Collective; the Company's planned 2026 drilling program and its funding; the timing of receipt of pending assay results, including for drill hole APC180-D4; the potential to expand the Ramp Zone and other mineralization at Apollo; the arrival of additional deep-drilling rigs and the planned drilling of the Ramp Zone to 0 masl in 2027; the timing of an updated Mineral Resource and a Preliminary Economic Assessment; 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; changes 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 and 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. Readers should refer to the Risk Factors section in the Company's Annual Information Form, dated March 30, 2026.

Cautionary Note to United States Investors

The Company is a Canadian issuer that reports its Mineral Resource information in accordance with NI 43-101 and the CIM Definition Standards, which differ from the mineral property disclosure requirements applicable to U.S. domestic issuers under Subpart 1300 of Regulation S-K ("S-K 1300"). As a foreign private issuer eligible to file reports with the U.S. Securities and Exchange Commission pursuant to the U.S.-Canada Multijurisdictional Disclosure System, the Company is not currently required to prepare its mineral property disclosure in accordance with S-K 1300. Accordingly, Mineral Resource information contained in this news release may not be comparable to similar information disclosed by U.S. companies subject to S-K 1300, and there can be no assurance that Mineral Resources reported by the Company under NI 43-101 would be the same if prepared in accordance with S-K 1300.

SOURCE Collective Mining Ltd.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/October2026/22/c5662.html

%CIK: 0001953575

For further information: Investors and Media: Eduardo Cervantes, Vice President, Corporate Development & Investor Relations, Collective Mining Ltd., e.cervantes@collectivemining.com, +1 416-717-9577

CO: Collective Mining Ltd.

CNW 17:00e 22-OCT-26

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