# Collective Mining to Begin Drilling at Orion, a Newly Defined 2026 Target; Drilling at Victory Target to Follow in Q4-2026

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/collective-mining-to-begin-drilling-at-orion-a-newly-defined-2026-target-drillin--ca641c3c-9c8b-418e-8c89-38516f87a917

Original source: https://www.newswire.ca/news-releases/collective-mining-to-begin-drilling-at-orion-a-newly-defined-2026-target-drilling-at-victory-target-to-follow-in-q4-2026-878496518.html

Publisher: cnw

Original announcement: 2026-09-11T23:57:46.641Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Collective Mining Ltd.

- Ticker: CNL

- Exchange: Unavailable

- Region: Caldas, Colombia

- Primary commodity: Gold

- Secondary commodities: Silver, Copper, Molybdenum

- Document categories: Drill results, Other

- Extracted: 2026-09-12 00:23:40 UTC

Narrative sentiment: 0.60 · Bullish

## Minestarters Atlas summary

Collective Mining has identified a new drill-ready target, Orion, at its Guayabales Project in Colombia, supported by strong gold and silver surface geochemistry. The company also announced a reinterpretation of the Victory target, which suggests porphyry-breccia potential, with drilling scheduled for Q4-2026.

Reasoning: The announcement defines a new drill-ready target \(Orion\) with strong surface geochemistry and provides a strategic reinterpretation of the Victory target to guide upcoming Q4 drilling.

- Positive factor: New target \(Orion\) identified via surface geochemistry and magnetics

- Positive factor: High-grade surface intercepts at Orion

- Positive factor: Reinterpretation of Victory target suggests porphyry-breccia potential

- Positive factor: Historical high-grade intercepts at Victory support new targets

- Negative factor: Orion target is currently concealed by colluvial cover

Facts used in scoring: 10

## Classification and evidence

**Step-Out Extension**

Polarity: positive

Definition: Mineralization extended beyond the previously known limit.

Why it applies: The Orion target is a newly defined target located near the existing Apollo system.

Evidence · text

> Orion target, located approximately one kilometer east of the Apollo system

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release details specific laboratory \(ALS\), sampling protocols, and QA/QC methods \(blanks, duplicates, standards\).

Evidence · text

> Blanks, duplicates, and certified reference standards are inserted into the sample stream

## Extracted facts

Stored fact records: 10. Some facts used in scoring do not have a stored record.

## Drill Results (10)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/collective-mining-to-begin-drilling-at-orion-a-newly-defined-2026-target-drillin--ca641c3c-9c8b-418e-8c89-38516f87a917#fact-drill-facts-0)

Guayabales Project · gold

#### Identity

- Project: Guayabales Project
- Commodity: gold
- Region: colombia
- Reported Region: Caldas, Colombia
- Ticker: CNL

#### Geometry

- Grade: 7.43
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Orion
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-11T00:00:00.000Z

Reasoning: 7.43 g/t gold in rock sample at a new target is a strong geochemical signal.

- Positive factor: High-grade rock sample

Evidence · text

> Gold in rock values up to 7.43 g/t

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/collective-mining-to-begin-drilling-at-orion-a-newly-defined-2026-target-drillin--ca641c3c-9c8b-418e-8c89-38516f87a917#fact-drill-facts-1)

Guayabales Project · silver

#### Identity

- Project: Guayabales Project
- Commodity: silver
- Region: colombia
- Reported Region: Caldas, Colombia
- Ticker: CNL

#### Geometry

- Grade: 230
- Grade Unit: g/t

#### Classification

- Sample Type: surface

#### Location

- Location: Orion
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-11T00:00:00.000Z

Reasoning: 230 g/t silver in rock sample at a new target is a strong geochemical signal.

- Positive factor: High-grade silver rock sample

Evidence · text

> Silver in rock values up to 230 g/t

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/collective-mining-to-begin-drilling-at-orion-a-newly-defined-2026-target-drillin--ca641c3c-9c8b-418e-8c89-38516f87a917#fact-drill-facts-2)

Guayabales Project · copper

#### Identity

- Project: Guayabales Project
- Commodity: copper
- Region: colombia
- Reported Region: Caldas, Colombia
- Ticker: CNL

#### Geometry

- Grade: 0.26
- Grade Unit: %

#### Classification

- Sample Type: surface

#### Location

- Location: Orion
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-11T00:00:00.000Z

Reasoning: 0.26% Cu in rock sample is a modest but positive indicator for a porphyry target.

- Positive factor: Presence of copper in new target

Evidence · text

> copper in rock values up to 0.26%

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### Fact 4

[Link to this fact](https://atlas-extractions.minestarters.com/news/collective-mining-to-begin-drilling-at-orion-a-newly-defined-2026-target-drillin--ca641c3c-9c8b-418e-8c89-38516f87a917#fact-drill-facts-3)

Guayabales Project · molybdenum

#### Identity

- Project: Guayabales Project
- Commodity: molybdenum
- Region: colombia
- Reported Region: Caldas, Colombia
- Ticker: CNL

#### Geometry

- Grade: 85
- Grade Unit: ppm

#### Classification

- Sample Type: surface

#### Location

- Location: Orion
- Loc. Source: document

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-11T00:00:00.000Z

Reasoning: 85 ppm molybdenum in rock sample supports the porphyry model.

- Positive factor: Presence of molybdenum in new target

Evidence · text

> molybdenum in rock values up to 85 ppm

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### VICW-1

[Link to this fact](https://atlas-extractions.minestarters.com/news/collective-mining-to-begin-drilling-at-orion-a-newly-defined-2026-target-drillin--ca641c3c-9c8b-418e-8c89-38516f87a917#fact-drill-facts-4)

an interpreted copper-gold porphyry · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: VICW-1
- Project: an interpreted copper-gold porphyry
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL

#### Geometry

- Grade: 2.95
- Grade Unit: g/t
- Intercept: 5.85 m
- From: 198.5 m
- To: 204.35 m
- Intercept Depth: 198.5 m

#### Classification

- Sample Type: drill
- Group ID: VICW-1:198.5-204.35

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-11T00:00:00.000Z

Reasoning: Historical intercept of 5.85m @ 2.95 g/t Au supports the new porphyry-breccia target.

- Positive factor: High-grade vein intercept

Evidence · text

> 5.85 meters @ 2.95 g/t Au from 198.50 meters

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### VICW-1

[Link to this fact](https://atlas-extractions.minestarters.com/news/collective-mining-to-begin-drilling-at-orion-a-newly-defined-2026-target-drillin--ca641c3c-9c8b-418e-8c89-38516f87a917#fact-drill-facts-5)

an interpreted copper-gold porphyry · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: VICW-1
- Project: an interpreted copper-gold porphyry
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL

#### Geometry

- Grade: 13.94
- Grade Unit: g/t
- Intercept: 1 m
- From: 261.4 m
- To: 262.4 m
- Intercept Depth: 261.4 m

#### Classification

- Sample Type: drill
- Group ID: VICW-1:261.4-262.4

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-11T00:00:00.000Z

Reasoning: High-grade 1.0m @ 13.94 g/t Au intercept in historical hole VICW-1.

- Positive factor: High-grade vein intercept

Evidence · text

> 1.00 meter @ 13.94 g/t Au from 261.40 meters

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### VICW-2

[Link to this fact](https://atlas-extractions.minestarters.com/news/collective-mining-to-begin-drilling-at-orion-a-newly-defined-2026-target-drillin--ca641c3c-9c8b-418e-8c89-38516f87a917#fact-drill-facts-6)

an interpreted copper-gold porphyry · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: VICW-2
- Project: an interpreted copper-gold porphyry
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL

#### Geometry

- Grade: 3.21
- Grade Unit: g/t
- Intercept: 3.75 m
- From: 64.95 m
- To: 68.7 m
- Intercept Depth: 64.95 m

#### Classification

- Sample Type: drill
- Group ID: VICW-2:64.95-68.7

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-11T00:00:00.000Z

Reasoning: Historical intercept of 3.75m @ 3.21 g/t Au in VICW-2.

- Positive factor: High-grade vein intercept

Evidence · text

> 3.75 meters @ 3.21 g/t Au from 64.95 meters

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### VICW-2

[Link to this fact](https://atlas-extractions.minestarters.com/news/collective-mining-to-begin-drilling-at-orion-a-newly-defined-2026-target-drillin--ca641c3c-9c8b-418e-8c89-38516f87a917#fact-drill-facts-7)

an interpreted copper-gold porphyry · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: VICW-2
- Project: an interpreted copper-gold porphyry
- Commodity: gold
- Region: colombia
- Reported Region: colombia
- Ticker: CNL

#### Geometry

- Grade: 7.9
- Grade Unit: g/t
- Intercept: 0.85 m
- From: 307.75 m
- To: 308.6 m
- Intercept Depth: 307.75 m

#### Classification

- Sample Type: drill
- Group ID: VICW-2:307.75-308.6

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-11T00:00:00.000Z

Reasoning: High-grade 0.85m @ 7.90 g/t Au intercept in historical hole VICW-2.

- Positive factor: High-grade vein intercept

Evidence · text

> 0.85 meters @ 7.90 g/t Au from 307.75 meters

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### VICW-1

[Link to this fact](https://atlas-extractions.minestarters.com/news/collective-mining-to-begin-drilling-at-orion-a-newly-defined-2026-target-drillin--ca641c3c-9c8b-418e-8c89-38516f87a917#fact-drill-facts-8)

an interpreted copper-gold porphyry · copper

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: VICW-1
- Project: an interpreted copper-gold porphyry
- Commodity: copper
- Region: colombia
- Reported Region: colombia
- Ticker: CNL

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 13 m
- From: 401 m
- To: 414 m
- Intercept Depth: 401 m

#### Classification

- Sample Type: drill
- Group ID: VICW-1:401-414

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-11T00:00:00.000Z

Reasoning: Anomalous copper in historical VICW-1 supports porphyry model.

- Positive factor: Presence of copper in porphyry-style alteration

Evidence · text

> anomalous copper values of up to 0.12%

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

### VICW-1

[Link to this fact](https://atlas-extractions.minestarters.com/news/collective-mining-to-begin-drilling-at-orion-a-newly-defined-2026-target-drillin--ca641c3c-9c8b-418e-8c89-38516f87a917#fact-drill-facts-9)

an interpreted copper-gold porphyry · molybdenum

Historical result

Needs review: historical\_restatement

#### Identity

- Hole ID: VICW-1
- Project: an interpreted copper-gold porphyry
- Commodity: molybdenum
- Region: colombia
- Reported Region: colombia
- Ticker: CNL

#### Geometry

- Grade: 180
- Grade Unit: ppm
- Intercept: 13 m
- From: 401 m
- To: 414 m
- Intercept Depth: 401 m

#### Classification

- Sample Type: drill
- Group ID: VICW-1:401-414

#### QA/QC

- QA/QC Disclosed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2022-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-09-11T00:00:00.000Z

Reasoning: Molybdenum in historical VICW-1 supports porphyry model.

- Positive factor: Presence of molybdenum in porphyry-style alteration

Evidence · text

> molybdenum values of up to 180 ppm

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.