Collective Mining Intercepts a Broad Zone of Mineralization in its Maiden Diamond Drill Hole at the Apollo Target with the Hole Still Advancing in Strong Mineralization

TORONTO, April 12, 2022 (GLOBE NEWSWIRE) -- Collective Mining Ltd. (TSXV: CNL) (“Collective” or the “Company”) is pleased to announce that the maiden drill hole to test the Apollo target (“Apollo”) is underway as part of the Company’s fully funded minimum 20,000 metre drill program for 2022 at the Guayabales project (“Guayabales”), located in Caldas, Colombia. The Company presently has four diamond drill rigs operating at Guayabales with drills currently operating at Apollo and Olympus Central where the Company is focused on expanding upon the recently announced Olympus Central discovery hole of 302 metres @ 1.11 g/t gold equivalent (refer to press release dated March 15, 2022). Apollo is located approximately 600 metres to the southeast of Olympus Central.

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