Collective Mining Unveils C$100 Million Bought Deal Financing Plan
Offering Announcement: Collective Mining Ltd. has entered into an agreement with BMO Capital Markets and Scotiabank to sell 5,270,000 common shares at C$19.00 each, aiming for gross proceeds of approximately C$100 million, with an option for additional shares potentially raising the total to C$115 million.
Use of Proceeds: The funds from the offering will be used to advance the Guayabales Project, explore other opportunities, and for general corporate purposes, with the offering expected to close around October 8, 2025, pending regulatory approvals.
Company Background: Collective Mining, founded by the team behind Continental Gold Inc., focuses on gold, silver, copper, and tungsten exploration in Colombia, with significant projects including the Guayabales and San Antonio Projects.
Forward-Looking Statements: The release includes forward-looking statements regarding the company's future plans and operations, emphasizing the inherent risks and uncertainties associated with mineral exploration and development.
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- Supply Gap Worsening: The world's gold miners are extracting metal faster than new deposits can be found, resulting in a structural supply gap, while central banks continue to buy gold at a pace of approximately 850 tonnes per year, tightening the market further.
- Exploration Budgets at Historic Lows: Grassroots exploration budgets have collapsed to historic lows, with new discoveries taking over a decade to reach production, creating a bottleneck that drives capital towards junior companies with drill-ready targets to meet future resource needs.
- Gran Esperanza Project Progress: Golden Goose Resources has initiated the first phase of fieldwork at its Gran Esperanza gold-silver project in Argentina, conducting systematic mapping and channel sampling, aiming to establish a technical foundation for drilling, with historical samples showing gold grades as high as 24.0 g/t.
- Industry Developments Update: Companies like Banyan Gold and Collective Mining are also advancing their projects, with Banyan reporting high-grade gold mineralization at the AurMac project, while Collective Mining discovered up to 21.14 g/t gold in Colombia's Apollo system, indicating a positive trend across the industry.

- High-Grade Mineralization Expansion: The APC150-D1 drill hole revealed two additional high-grade intercepts between 1,200 and 1,400 meters depth, expanding the mineralized envelope to 315 meters in strike, 100 meters in width, and 350 meters vertically, significantly enhancing the area's mineralization potential.
- Increased Drilling Program: In response to new data, the company plans to increase its Ramp Zone drilling rigs from five to seven, aiming to test for continuity of mineralization within a 1.5-kilometer circumference, thereby accelerating the discovery of high-grade mineralization.
- Strong Funding for Expansion: With $135 million in cash as of December 1, 2025, the company is fully funded for its planned 100,000 meters of drilling in 2026, with up to 14 rigs expected to operate simultaneously, further advancing mineral development.
- Regional Potential Confirmation: The lower-grade mineralization encountered in the APC143-D4 hole exhibits characteristics of the Ramp Zone, boosting the company's confidence in finding high-grade mineralization on the northern flank, with further drilling planned for Q2 2026.
- Surge in Gold Demand: The World Gold Council's 2025 demand report indicates global gold demand has surpassed 5,000 tonnes for the first time, driven by record ETF inflows and the strongest bar and coin purchases in 12 years, suggesting a robust market interest that is likely to enhance mining companies' profitability.
- New Advisor Appointment: GoldHaven Resources has appointed Raymond Wladichuk as Technical Advisor, focusing on advancing the Magno Project; with over 15 years of experience in mineral exploration and engineering, his expertise is expected to accelerate drill permitting and strategic planning for the 2026 work program.
- Financing to Support Development: GoldHaven secured $2 million in critical mineral flow-through financing aimed at 3D geological modeling and drill planning, which is anticipated to propel the progress of the Magno polymetallic project, further solidifying its market position in British Columbia.
- High-Grade Mineralization Confirmed: At the Copeçal West target in Brazil, GoldHaven confirmed gold mineralization with the first drilling returning 39 meters at 0.11 g/t gold, indicating potential for a substantial gold-copper system, thereby enhancing the company's development prospects in the gold and copper mining sectors.
- Impressive Drilling Results: Drillhole TSDH-71 intersected 89.96 meters grading 0.9 g/t Au from 426 meters downhole, including a significant 16.9-meter interval that may indicate a potential feeder zone, supporting future resource growth.
- High-Grade Mineralization Characteristics: Within TSDH-71, the 16.9-meter interval averaged 2.3 g/t Au, 0.25% Cu, and 158 ppm Mo, with a notable 6-meter high-grade section reaching 4.1 g/t Au, indicating mineralization potential beyond current resource models.
- Ongoing Drilling Plans: The company continues drilling at Tesorito and Dos Quebradas, with TSDH-70 confirming continuity of mineralization at the eastern margin, intersecting 79 meters averaging 0.6 g/t Au, further enhancing confidence in the project.
- Clear Strategic Objectives: This drilling program aims to systematically test high-impact targets to drive future resource growth at the Quinchía Gold Project and lay the groundwork for a pre-feasibility study.
- High-Grade Gold Discovery: Lake Victoria Gold has confirmed high-grade gold mineralization of up to 35.45 g/t at its Tembo Project in Tanzania, with results from eight active artisanal mining sites validating the area's exceptional mineral potential, which is expected to drive resource definition and enhance company valuation.
- Execution Transition: The company has signed a Letter of Intent with Nyati Resources to utilize a 500 tonne-per-day carbon-in-pulp processing plant, aiming to finalize a binding agreement by early 2026, thereby establishing a near-term production pathway for the Tembo project while minimizing capital expenditures.
- Drilling Program Advancement: A close-spaced drilling program at the Ngula 1 area of the Tembo project is set to commence in Q1 2026, targeting a strike length of 300-400 meters, with both historical drilling and recent artisanal sampling consistently showing high-grade results, further validating the economic potential of the deposit.
- Financial Backing: The company has secured financial stability through a gold prepay facility with Monetary Metals and a C$11.52 million strategic investment from Taifa Group, providing robust support for its transition from explorer to producer.

- High-Grade Gold Discovery: Lake Victoria Gold has confirmed gold mineralization up to 35.45 g/t at its Tembo Project in Tanzania, validating priority drill targets ahead of a planned Q1 2026 drilling program, which is expected to enhance resource definition potential significantly.
- Strategic Partnership Advancement: Following a Letter of Intent with Nyati Resources, the company is shifting focus towards execution, planning to leverage existing infrastructure for processing, thereby reducing capital expenditures and accelerating the production timeline.
- Dual-Track Development Strategy: Lake Victoria Gold is concurrently advancing its Imwelo Gold Project, with recent drilling results demonstrating mineralization continuity beyond 250 meters, enhancing the project's economic appeal and laying the groundwork for future production.
- Funding Support Assurance: The company has secured financial stability through a gold prepay facility with Monetary Metals and a C$11.52 million strategic investment from Taifa Group, providing robust support for its transition from exploration to production.








