Collective Mining Publishes its 2024 Sustainability Report
Collective Mining Publishes its 2024 Sustainability
Report
TORONTO
,
July 24, 2025
/CNW/ -
Collective Mining Ltd.
(NYSE: CNL) (TSX: CNL) ("Collective" or the
"Company") is pleased to announce the publication of its 2024 Sustainability Report. This marks the fourth such
report issued by the Company and provides a comprehensive overview of its performance and impacts across
environmental, social and governance (ESG) dimensions in the Department of Caldas,
Colombia
.
In 2024, Collective continued to deliver meaningful progress in responsible exploration, technical excellence and
stakeholder engagement. Guided by its commitment to "The Collective Way," the Company deepened its
partnerships, enhanced sustainability performance and expanded its flagship Apollo discovery within the Guayabales
Project.
Key Highlights from the 2024 Sustainability Report:
Zero Lost Time Injuries
throughout 2024, maintaining a Total Recordable Injury Frequency Rate (TRIFR) of
0%, underscoring a strong safety culture.
70% increase in direct local employment
year-over-year, reflecting growth and preparation for an advanced
exploration stage.
Over
US$410,000
directly invested in social programs
, benefiting
more than 2,000 individuals
in the
Company's area of influence, with a further 43% contributed by strategic partners.
24.6% female participation
across employees and contractors and
40% female representation
on the Board
of Directors.
Zero environmental fines or non-compliance events
, with 1,200 tonnes of CO
offset through conservation
efforts protecting 103,022 hectares of forest.
Strategic community initiatives
including 33 regional partnerships, support to 300 coffee farmers, training for
200 women, construction of rural roadways and clean water access for 1,700 people.
Ned Jalil
, Chief Executive Officer of Collective Mining, stated: "2024 marked a defining year for Collective Mining.
Fueled by strong momentum, expanding discoveries and deepening partnerships, we continued to prove that
responsible exploration rooted in collaboration with local communities can serve as a true engine for regional
development. With our sights set on an ambitious 70,000 meter drilling program and ongoing progress at the
Guayabales and
San Antonio
projects, we are laying the groundwork for long-term sustainable value creation in
Caldas."
The report is available on the Company's website at
www.collectivemining.com
under Sustainability.
About Collective Mining Ltd.
To see our latest corporate presentation and related information, please visit
www.collectivemining.com
.
Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately
$2 billion
in
enterprise value, Collective is a gold, silver, copper and tungsten exploration company with projects in Caldas,
Colombia
. The Company has options to acquire 100% interests in two projects located directly within an established
mining camp with ten fully permitted and operating mines.
The Company's flagship project, Guayabales, is anchored by the Apollo system, which hosts the large-scale, bulk-
tonnage and high-grade gold-silver-copper-tungsten Apollo system. The Company's objectives are to improve the
overall grade of the Apollo system by systematically drill testing newly modeled potentially high-grade sub-zones,
expand the Apollo system by stepping out along strike to the north and expanding the newly discovered high-grade
Ramp Zone along strike and to depth and drill a series of less advanced or newly generated targets including Trap,
the Knife and X. Additionally, the Company has launched its largest drilling campaign in history at the San Antonio
Project as it hunts for a large bulk-tonnage porphyry system.
Management, insiders, a strategic investor and close family and friends own 44.5% of the outstanding shares of the
Company and as a result, are fully aligned with shareholders. The Company is listed on both the NYSE and TSX
under the trading symbol "CNL".
Information Contact:
Follow Executive Chairman Ari Sussman (
@Ariski
73
)
on X
Follow Collective Mining (
@CollectiveMini1
) on X,
(Collective Mining)
on LinkedIn, and
(@collectivemining)
on Instagram
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" and "forward-looking information" within the meaning of
applicable securities legislation (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 at the
date of this news release. Any statement that involves discussion with respect to predictions, expectations, beliefs,
plans, projections, objectives, assumptions, future events or performance (often, but not always using phrases such
as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or
"believes" or variations (including negative variations) of such words and phrases, or state that certain actions,
events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of
historical fact and may be forward-looking statements. In this news release, forward-looking statements relate,
among other things, to: the anticipated advancement of mineral properties or programs; future operations; future
recovery metal recovery rates; future growth potential of Collective; and future development plans.
These forward-looking statements, and any assumptions upon which they are based, are made in good faith and
reflect our current judgment regarding future events including final listing mechanics and the direction of our business.
Management believes that these assumptions are reasonable. Forward-looking statements involve known and
unknown risks, uncertainties and other factors which 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, among others: risks related to the speculative nature of the
Company's business; the Company's formative stage of development; the Company's financial position; possible
variations in mineralization, grade or recovery rates; actual results of current exploration activities; conclusions of
future economic evaluations; fluctuations in general macroeconomic conditions; fluctuations in securities markets;
fluctuations in spot and forward prices of gold, precious and base metals or certain other commodities; fluctuations in
currency markets; change in national and local government, legislation, taxation, controls regulations and political or
economic developments; risks and hazards associated with the business of mineral exploration, development and
mining (including environmental hazards, industrial accidents, unusual or unexpected formation pressures, cave-ins
and flooding); 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 by local communities and
indigenous populations; availability of increasing costs associated with mining inputs and labour; the speculative
nature of mineral exploration and development (including the risks of obtaining necessary licenses, permits and
approvals from government authorities); and title to properties, as well as those risk factors discussed or referred to
in the annual information form of the Company dated
March 24, 2025
. Forward-looking statements contained herein
are made as of the date of this news 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 may be 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 there may be
other factors that cause results not to be anticipated, estimated or intended. Accordingly, readers should not place
undue reliance on forward-looking statements.
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%SEDAR: 00045946E
For further information:
Investors and Media: Paul Begin, Chief Financial Officer, [email protected],
+1 (416) 451-2727
CO: Collective Mining Ltd.
CNW 16:05e 24-JUL-25