Video News/Mining Forum Americas 2025

Collective Mining (TSXV: CNL; OTCQX: CNLMF) Executive Chair Ari Sussman says discovery is driving the company’s valuation, with shares up 275% year over year and a US$1.6 billion market cap. Speaking with Kitco Mining, he said, “We’ve been seeing continued improved performance quarter over quarter, and obviously generating great cash flow at these prices.” At the Guayabales project in Colombia, drilling at Target X cut 12.85 meters grading 503 g/t silver equivalent. “This is a greenfield discovery. Never been any exploration at Target X, and we’re really happy with what we found,” Sussman said. At San Antonio, porphyry potential is emerging across a 3x3 km alteration zone, now being tested with three rigs. Apollo remains the cornerstone, with a resource estimate due within a year and a PFS and permit application planned ahead of first production in 2030. Collective is advancing 70,000 meters of drilling in 2025, backed by US$71 million in cash.