Collective Mining (CNL) Corporate presentation summary

Track record and leadership

• Management team has a history of major discoveries and value creation in Colombia, including building and selling the country's largest gold mine for C$2 billion, delivering a 550% return.

• Board and key management include experienced mining executives and geologists with backgrounds in major mining companies and successful project financing.

Capital structure and analyst coverage

• 68.2M common shares outstanding, 73.9M fully diluted; US$21.1M in cash as of June 30, 2024.

• Analyst target prices range from C$8.25 to C$16.00, with coverage from BMO, Canaccord, Clarus, Ventum, and Roth Capital.

• Management and insiders hold a combined 58% of shares.

Project portfolio and exploration highlights

• Option to earn 100% interest in Guayabales and San Antonio projects, both in a prolific mining region with strong infrastructure and community support.

• Guayabales features a multi-kilometre porphyry cluster with seven targets to be drilled in 2024 using five rigs.

• Major discoveries at Apollo, Trap, and Plutus targets, with significant high-grade and bulk tonnage gold, silver, copper, and tungsten mineralization.

• San Antonio project includes the Pound target, with drill results such as 710m @ 0.53 g/t AuEq and 750m @ 0.41 g/t AuEq from surface.