Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
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.
Exhibit
99.1

Collective Mining to Provide Relief Assistance
Following Colombia Earthquake
MIAMI, Aug. 12, 2026 /CNW/ - Collective Mining
Ltd. (NASDAQ: CNL) (TSX: CNL) ("Collective" or the "Company") provides an update on the Company's
response following the earthquake that struck western Colombia on August 10, 2026, with its epicenter near San Jose del Palmar, in the
department of Chocó, approximately 100 kilometers from the Company's Guayabales and San Antonio Projects. The Company is fortunate
to report there were no injuries to its personnel and no damage to its assets.
The Company has been in direct contact with municipal
authorities, local fire departments and business associations to assess needs and support the communities in which it operates. As part
of these efforts, Collective will make humanitarian contributions and provide direct assistance through local organizations that have
existing partnerships with Collective in the city of Manizales, which is located approximately 80 kilometers from its operations in Supia,
Caldas.
Collective will work with the Mayor's Office of Manizales
to provide assistance related to technical matters, and will make monetary and in-kind contributions to organizations supporting the recovery
effort. These include the National Federation of Coffee Growers of Colombia, to assist with matters related to local school infrastructure;
the local Red Cross and ProCaldas (a private-sector alliance for regional development), to assist with matters related to health infrastructure;
and ANDI (National Business Association of Colombia) to support reconstruction efforts planning in the most affected areas.
Dario Gomez, President of the Board of the Colombian
Red Cross, Caldas Chapter, commented: "In moments like this, a coordinated response is essential to effectively reach affected
communities. The support of organizations such as Collective Mining strengthens our ability to address immediate needs and support the
recovery efforts underway in Manizales. We appreciate their commitment to working alongside local institutions and organizations as the
situation continues to evolve."
Omar Ossma, President of Collective Mining, commented: "The
safety and wellbeing of our people and communities is our first priority. I have been on the ground in Colombia working directly with
our team and local stakeholders to lead our response and understand where assistance is most needed. Our thoughts are with everyone affected
by the earthquake. We are mobilizing support through organizations that are positioned to direct assistance where it can have the greatest
impact. We will continue to support our employees, their families and the broader community as recovery efforts progress."
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 $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 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 Nasdaq 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.
View original content to download multimedia: http://www.newswire.ca/en/releases/archive/August2026/12/c0025.html
%CIK: 0001953575
For further information: Investors and Media, Eduardo Cervantes,
Vice President, Corporate Development & Investor Relations, Collective Mining Ltd., e.cervantes@collectivemining.com
CO: Collective Mining Ltd.
CNW 16:46e 12-AUG-26