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Collective Mining - Funded and Drilling for Growth and High-Grade Copper Discoveries

Collective Mining fully funded for +20 months of exploration targeting Apollo resource growth & new copper-gold discoveries in Colombia's Middle Cauca Belt where the team has direct mine-building experience.

  • Collective Mining is a gold, copper and silver exploration company focused in Colombia led by Executive Chairman Ari Sussman.
  • The company has successfully discovered a high-grade gold deposit called Apollo and is now conducting aggressive drilling to expand this discovery and test other targets.
  • Collective Mining has financial resources with USD$20 million in the bank and a low burn rate.
  • The company prioritizes stakeholder engagement and strategic partnerships in Colombia to facilitate the permitting and development process.
  • Management has experience building and selling with Continental Gold's Buriticá project, the largest gold mine in Colombia, and aims to replicate this success.

About Collective Mining

Collective Mining is a mineral exploration company focused on copper, silver, and gold deposits in Caldas, Colombia. The company has options to acquire full ownership stakes in two projects located in an established mining camp with ten fully permitted and operating mines nearby.

Collective Mining's flagship project is called Guayabales, which contains the Apollo system - a large-scale copper-silver-gold porphyry deposit. The Apollo system is still open in several directions and has potential for further expansion. The company's short-term goal is to drill the upper portions of the system, better define its dimensions, and test newly identified exploration targets in the vicinity.

Nearly 45% of Collective Mining's shares are owned by management, insiders, as well as friends and family. This significant insider ownership helps align shareholder interests.

Led by Chairman Ari Sussman, Collective Mining is the team credited for successfully discovering, developing and selling Continental Gold's Buriticá mine, now the largest gold operation in Colombia. They aim to replicate this proven success at their new flagship Guayabales project.

“The future is getting brighter and brighter as every day passes,” Sussman remarked, citing bullish supply and demand fundamentals for metals driven by world conflicts, inability to fund new projects and accelerating global energy transition requirements.

Interview with Executive Chairman, Ari Sussman

Approach in the Current Environment

With recession indicators flashing red, Sussman believes now is the opportune time to aggressively drill high-potential copper and precious metals discoveries while capital remains available ahead of a looming market downturn.

“I’m a buyer of precious metals...that is where I like to be in a recession at least in the initial phase,” he said. “I personally think there is nothing better than copper when you look out two to five years."

The strategy is to solidify Collective Mining's position as an attractive metals exploration investment for when sentiment eventually turns positive again. As Sussman explained, "If you don't do anything and then things start to improve you're not going to be a leader - you're going to be a follower."

Apollo Discovery & Exploration Potential

Collective Mining’s headline asset is the high-grade Apollo gold-copper discovery, uncovered at Guayabales in late 2021 and boasting strong expansion potential along a 4.5 km mineralized trend.

With Apollo still in the early days, Sussman emphasized there remains substantial room for growth through additional drilling. "It's really new. It only has about 34,000 meters of drilling into it to take it to a resource is going to take a lot more capital...and a lot of focus on infill drilling.”

Visual mineralization has already confirmed Apollo extending “far north” beyond the dimensions currently defined. Two deeper directional drill holes also imply vertical continuity well over 1,000 meters depth with more complete assay results still pending.

Ongoing exploration aims to delineate the full extent of the system. “Until we at least kind of understand what the envelope of the Apollo system is, I don't see a reason to go to a resource,” Sussman explained, noting they want to optimize infrastructure plans before estimating maiden resources.

Highlighting New Trap Discovery Target

Beyond expanding Apollo, Collective Mining is progressing with new discoveries to demonstrate additional potential across Guayabales.

“Our goal is to discover another Apollo," Sussman stated, conveying confidence in their exploration team's impressive success rate. Of six targets drilled so far, they have hit on four with a fifth awaiting assays.

The focus now is rigorously drill testing the emerging Trap discovery where thick and long copper-gold-silver intercepts have already confirmed porphyry-style potential. Two drill rigs are collaring aggressive step-out holes across Trap based on visual interpretations of mineralization and alteration strength.

"Indications are it [Trap] can be big...it has the potential for greatness," Sussman remarked. The target also shares comparable minerals and host rock to Apollo's high-grade zones. Pending assay results from the active drilling will direct ongoing targeting decisions at Trap.

Colombia as Prime Location

Despite investor misconceptions, Sussman fervently touts Colombia as “probably the best jurisdictions you could be in the world". He contrasts the 12 years typically required to permit a new US mine against Colombia's legislated 10-month approval timeframe.

"Would you want to invest in the United States where...it takes about 12 years or Colombia," Sussman asked rhetorically. "That is really key, especially for global transition," he added, emphasizing Colombia's unique positioning to rapidly deliver new responsibly developed mines.

Already home to one massive copper mine expansion project underway, Sussman believes Collective Mining can be “the second or third project in copper in the country” while also holding coveted minerals like tungsten deemed critical by global powers.

Strategic partnerships, early community engagement and a commitment to shared objectives of sustainable development underpin Collective Mining’s Colombia-focused business model.

“We’re the first mining company to strategically align with the coffee growers federation,” Sussman conveyed as one such example of an innovative alignment. “It’s a powerful association and they have never aligned with mining.”

"I think discoveries will drive the market they always have... that is how you bring the speculator back into the...end of the system."

Conclusion

With financial and technical resources secured, Collective Mining aims to solidify itself as a leading copper-gold junior explorer in Colombia's Middle Cauca belt. The current strategy revolves around aggressive exploration campaigns to expand existing discoveries and generate new ones ahead of the next bull cycle in metals and mining investments. Confident in their targeting abilities and Colombia's mining-friendly policies, the team is focused on drilling, discovery, and stakeholder alignment to deliver value-accretive catalysts over the coming two years.

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