Collective Mining Reports 95% Copper Recovery and Advances Apollo Flowsheet for 2027 Licensing
CNL sits 33% above its 52-week low of $9.77 on elevated volume (2.6× avg).
Summary
Collective Mining reported new metallurgical results showing 95% copper recovery and up to 74% tungsten recovery from Apollo sub-domains, advancing an integrated flowsheet for a 2027 licensing submission.
Key Events · Product Development and Regulatory · CNL
-
Copper Sub-Domain Metallurgical Results
Open-circuit testing achieved 95% copper, 90% gold, and 94.4% silver recovery, producing a concentrate grading 27.2% Cu, 37.6 g/t Au, and 3,504 g/t Ag.
-
Tungsten Sub-Domain Recovery
Gravity and flotation test work recovered up to 74% tungsten; bulk-sample testing produced a concentrate containing 95% scheelite.
-
Dual-Route Processing Strategy
Company will route higher-grade copper and tungsten sub-domains through dedicated flotation circuits, while the broader deposit is processed via conventional cyanidation for gold-silver doré.
-
Sub-Domain Resource Quantification
Copper sub-domain contains 10.2 Mt Indicated at 0.41% Cu; tungsten sub-domain contains 2.57 Mt Indicated at 0.10% WO3, representing 27.6% and 6.9% of Indicated tonnage respectively.
Analysis · CNL · Energy & Transportation
New metallurgical test work on the copper and tungsten sub-domains shows strong recoveries — 95% copper, 90% gold, 94.4% silver in the copper circuit, and up to 74% tungsten recovery — supporting a dual-route processing strategy. This de-risks the Apollo deposit's economics by confirming that the higher-grade copper and tungsten material can be economically recovered through conventional methods, and it advances the project toward a planned 2027 licensing submission in Colombia.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 30.1% of the 1612 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.53%. 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 $13.00 on NASDAQ in the Energy & Transportation sector, with a market capitalization of approximately $1.1B. 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.