Collective Mining Hits 1,283 g/t Silver in New Shallow Halo Zone Discovery at Apollo
CNL sits 19% above its 52-week low of $9.77 on light trading volume (0.4× avg).
Summary
Collective Mining reported a new high-grade silver-tungsten discovery in the Shallow Halo Zone at Apollo, with 5.50m at 1,999 g/t AgEq including 1,283 g/t silver, plus broad shallow mineralization across multiple holes. 22 of 23 SHZ holes drilled since the maiden resource have hit mineralization above cutoff, supporting resource growth within the pit shell.
Key Events · Product Development and Regulatory · CNL
-
High-Grade Silver-Tungsten Discovery
Hole APC-186 returned 5.50m at 1,999 g/t AgEq (1,283 g/t Ag, 0.83% WO3, 0.57% Cu, 0.17 g/t Au) from 89.15m, located 600m north of Apollo's tungsten-rich subdomain.
-
Broad Shallow Mineralization
APC-193 hit 149.55m at 50 g/t AgEq from surface; APC-184 hit 121.40m at 44 g/t AgEq from 8.70m — both in areas previously modeled as waste.
-
Resource Growth Within Pit Shell
22 of 23 Shallow Halo Zone holes reported since the September 8, 2026 maiden resource have returned intervals above the 0.30 g/t AuEq open pit cutoff grade.
-
Only 29% of SHZ Tested
Three rigs are dedicated to drilling the remaining 71% of the 2.4km-long Shallow Halo Zone, with mineralization open in multiple directions.
Analysis · CNL · Energy & Transportation
The headline intercept — 5.50 meters at 1,999 g/t AgEq including 1,283 g/t silver and 0.83% tungsten — is a new high-grade silver-tungsten discovery 600 meters north of Apollo's existing tungsten-rich subdomain, in ground currently modeled as waste inside the open pit shell. That matters because 22 of 23 Shallow Halo Zone holes drilled since the September 8 maiden resource have now returned mineralization above the 0.30 g/t AuEq cutoff, directly supporting resource growth within the pit shell. With only 29% of the SHZ tested and three rigs dedicated to the remaining 71%, the company is systematically converting modeled waste into potential future resources. The permitting timeline — adit construction starting Q4 2026 and environmental license application targeted for H2 2027 — shows an accelerated path toward development for a deposit that published its maiden resource only last month.
How filings like this one have moved
In the 30 days to Oct 13, 2026, 29.1% of the 1502 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.50%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CNL was trading at $11.66 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $1B. The 52-week trading range was $9.77 to $21.97. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.