Collective Mining Expands Apollo to the Northeast Intercepting 150.50 Metres at 1.74 g/t AuEq Including 42.0 Metres @ 4.02 g/t AuEq

TORONTO, Dec. 4, 2024 /PRNewswire/ - Collective Mining Ltd. (NYSE: CNL) (TSX: CNL) ("Collective" or the "Company") is pleased to announce that it has discovered an extension to the Apollo system ("Apollo") on the northeastern flank at depth and as a result opens the possibility for major expansion growth along the northern side of the system. The Apollo system is the flagship discovery within the Company's multi-target Guayabales Project in Caldas, Colombia. The Company currently has five drill rigs operating as part of its fully funded and on-schedule 40,000-meter drilling program for 2024. A fully funded 60,000-meter drill program is planned for 2025, which will be the largest drilling campaign in the history of the Company.

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