Collective Mining Ltd. announced the discovery of high-grade gold and silver rich porphyry style mineralization at the Box target ("Box") within the Guayabales Project in Caldas, Colombia. Box is located approximately 1.3 kilometres west of the Apollo porphyry system ("Apollo") and hosts the same mineralization styles, geochemical footprint and geology as Apollo. An extensive sampling program was recently completed at Box with results outlined in this release.

Reconnaissance work within the streams has identified multiple well mineralized float boulders from other potential sources upstream. A previous three-hole scout drilling program in 2021 did not drill test the large target area outlined in this release but indicated that a large hydrothermal fluid system may be in close proximity.