Mr Evans brings to Collective international leadership and experience in mineral exploration and mining, having held senior roles at Newmont Mining Limited and Vedanta/Hindustan Zinc Limited. Mr. Evans has a B.Sc. He holds a degree in Applied Geology (Hons.) from the University of Technology, Sydney, Australia, and is a Fellow of the Australian Institute of Mining and Metallurgy (FAusIMM).
Mr. Evans commented: “I am delighted to be joining Collective at such an important point in the company’s growth. Apollo demonstrates the characteristics of a significant, scalable mineral system, with strong district-scale expansion potential. I look forward to leading the exploration team as we continue to refine the geological framework, prioritize targets and responsibly execute our ambitious, advanced exploration program aimed at unlocking the full potential of the Guayabales and San Antonio projects.
Ned Jalil, CEO of Collective said: “We are pleased to welcome Russell as we enter an exciting phase of disciplined project execution in Colombia. His global experience and proven track record of executing successful exploration programs will further strengthen our ability to systematically expand the Apollo system and unlock additional opportunities at our Guayabales and San Antonio projects. As we further develop our 2026 drill program, Russell’s leadership will play a key role in continuing to build a leading mineral district.”
About Collective Mining Ltd.
Visit www.collectivemining.com for our latest company presentation and related information.
Collective, founded by the team that founded Continental Gold Inc. developed and sold to Zijin Mining for an enterprise value of approximately $2 billion, is a gold, silver, copper and tungsten exploration company with projects in Caldas, Colombia. The company’s two projects are located directly within an established mining camp with ten fully permitted and operational mines.
The company’s flagship project, Guayabales, is anchored in the Apollo System, which hosts the large-scale, bulk-tonnage, high-grade gold-silver-copper-tungsten Apollo system. The Company’s objectives at the Guayabales Project are to expand the newly discovered high-grade Ramp Zone along strike and to deepen and drill a series of greenfield generated targets on the property.
In addition, the company is drilling its optional San Antonio Project (could yield up to 100% interest) as it pursues new discoveries and aggressively expands the recently discovered high-grade silver system created at the pound target southward. The San Antonio project is located between two to five kilometers east-northeast of the Guayabales project and could potentially share infrastructure given their proximity to each other.
Management, insiders, a strategic investor and close family and friends own 45.3% of the company’s outstanding shares and are, as a result, fully aligned with shareholders. The company is listed on both the NYSE American and the TSX under the trading symbol “CNL”.
Contact information:
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FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking statements” and “forward-looking information” within the meaning of applicable securities laws (collectively, “forward-looking statements”). All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as of the date of this press release. Any statement that involves a discussion of predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often, but not always, using expressions such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “predicts”, “intends”, “anticipates” or “believes” or variations (including negative variations) of such words and phrases, or states that certain actions, events or results “may”, “could”, “would”, “could” or “will” be assumed, occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this press release, forward-looking statements relate to, among other things, the expected progress of mineral properties or programs; future operations; future metal recovery rates; future growth potential of Collective; and future development plans.
These forward-looking statements and any assumptions on which they are based are made in good faith and reflect our current judgment about future events, including the direction of our business. Management believes these assumptions are reasonable. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, but are not limited to: risks associated with the speculative nature of the Company’s business; the initial stages of the company’s development; the financial position of the company; possible variations in mineralization, quality or recovery rates; actual results of ongoing exploration activities; conclusions of future economic evaluations; fluctuations in general macroeconomic conditions; fluctuations in the securities markets; fluctuations in spot and futures prices of gold, precious and base metals or certain other commodities; fluctuations in the currency markets; changes in national and local government, legislation, taxes, audit regulations and political or economic developments; risks and hazards associated with mineral exploration, development and mining activities (including environmental hazards, industrial accidents, unusual or unexpected formation pressures, cave-ins and floods); inability to obtain adequate insurance to cover risks and hazards; the presence of laws and regulations that may impose restrictions on mining; employee relations; relationships with and claims of local communities and indigenous peoples; availability of increasing costs associated with mining inputs and labor; the speculative nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and approvals from government agencies); and ownership of properties, as well as the risk factors discussed or referred to in the Company’s annual information form dated March 24, 2025. Forward-looking statements contained herein are made as of the date of this press release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results, except as required by applicable securities laws. There can be no assurance that forward-looking statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements and other factors may cause results not to be anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements.
SOURCE Collective Mining Ltd.
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