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High materiality8/10

Collective Mining advances Guayabales adit as Trap exploration expands upside

Aug 18, 2026, 6:35 AM EDT1 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Milestone-driven catalysts (Q4-2026 adit start, Q1-2027 underground drilling) can unwind delays and broaden resource potential, often driving upside for a high-uncertainty, early-stage project stock.

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Collective Mining reports progress at the Guayabales project in Colombia, with a 1.8-km access road completed and portal/box-cut work set to begin. Adit construction is on track for Q4-2026, followed by underground drilling at Trap East in Q1-2027 to evaluate Trap, Ramp Zone and Plutus, potentially expanding the mineralized system and future milling options.

1.8-km access road completed to portal location; box-cut starts immediately.
Adit construction on track for Q4-2026 with permits in hand.
Underground drilling at Trap East planned for Q1-2027.
Guayabales targets Trap, Ramp Zone, and Plutus to be tested underground.
Management cites potential for a second large-scale system and upside.

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