• Collective Mining outlined plans for up to 100,000 meters of drilling in 2026 at its Guayabales project, with work aimed at expanding the high-grade Ramp Zone at depth, testing Northern Apollo, and infilling Upper Apollo ahead of an initial mineral resource estimate targeted for mid-2027.
• Trap, described as a second major discovery, entered drilling in Q2 2026, with the program set to extend a high-grade sheeted vein discovery and test a new large gold-copper porphyry target.
• Cash was listed at US$ 113.3 million as of March 31, 2026, with 92,600,000 common shares outstanding and 99,300,000 shares on a fully diluted basis.
• Analyst target prices cited ranged from C$ 29.25 to C$ 40 across firms including BMO Capital Markets, Scotiabank, and Clarus Securities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Collective Mining Ltd. published the original content used to generate this news brief on May 20, 2026, and is solely responsible for the information contained therein.