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Collective Mining Secures New Titles for Guayabales Project

Following successful public hearings in the Caldas Department, the Colombian National Mining Agency has granted Collective Mining additional mining titles in the municipalities of Supia and Marmato. The expansion consolidates the company's regional footprint and secures new territory along structural trends key to the Guayabales Project’s development.

Bio & NewsJuly 13, 2026362 reads0

The regulatory approvals, finalized in the second quarter of 2026, bolster the company's land position following two well-attended community meetings. The latest titles, granted on July 10, complement an earlier batch of concessions approved in April. Executive Chairman Ari Sussman noted that the expanded, contiguous land package offers improved operational continuity and provides immediate access to high-priority, drill-ready targets. Collective Mining plans to initiate exploration on at least one of these new sites before the end of the year.

Strategically, the new concessions provide greater flexibility for long-term infrastructure planning and district-scale exploration. The company currently maintains 13 diamond drill rigs across the property, having completed 184,000 meters of drilling to date. With 113.3 million dollars in cash as of March 31, 2026, Collective is positioned to execute its aggressive 100,000-meter drilling program for the remainder of the year. Exploration remains focused on the flagship Apollo system, where the company seeks to expand high-grade mineralization at depth and along strike.

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