Collective Mining Reports Assay Results For 5 Diamond Drill Holes Targeting Definition And Expansion Of Outcropping Gold-Tungsten-Rich Zone At Summit Of Apollo System

• Step-out drilling from surface at the Apollo system in hole APC-159 has expanded the breccia body to the northeast by approximately 30 metres (where it remains open for further expansion) by intercepting gold grades up to 40% above the grades at the outer edge of the internal model. Highlights from the high-grade section of this hole are as follows:
  
  
  • 165.75 metres @ 5.35 g/t gold equivalent from 8.85 metres including 31.70 metres @ 17.35 g/t gold equivalent 
     
• Four additional holes have infilled the Apollo breccia body near surface by intercepting gold, tungsten, silver and copper grades above the prediction of the internal block model with highlights as follows:
  
  
  • 60.45 metres @ 4.68 g/t gold equivalent from surface including 22.15 metres @ 6.98 g/t gold equivalent (APC-155)
     
  • 131.20 metres @ 2.61 g/t gold equivalent from 6.80 metres including 34.55 metres @ 4.13 g/t gold equivalent from 8.45 metres (APC-158)

TORONTO, Feb. 9, 2026 /CNW/ - Collective Mining Ltd. (NYSE:CNL) (TSX:CNL) ("Collective" or the "Company") is pleased to announce assay results for five diamond drill holes targeting definition and expansion of the high-grade, outcropping gold-tungsten-rich zone at the summit of the Apollo system ("Apollo"). Apollo forms part of a large, partially reduced intrusion related system enriched in gold, silver, copper and tungsten. Drilling to date has delineated continuous mineralization from surface to depths exceeding 1,410 vertical metres, where the high-grade Ramp Zone remains open for further expansion. Apollo anchors the Company's flagship Guayabales Project—a district-scale, multi-target and infrastructure-rich project in Caldas, Colombia.