Collective Mining Ltd · TSX:CNL

Collective Mining — Investor Presentation (August 2025)

34 slides from Collective Mining's investor presentation, August 2025

  1. Slide 1: A Team with a Proven Track Record Has Made Another Major Discovery in Colombia

    A TEA M WITH A PROVE N TRAC K RE COR D O F SU C CE SS HA S MA DE ANOTHER MA JOR D ISC OVERY I N C OLOMBI A

  2. Slide 2: Disclaimer

    Disclaimer This presentation does not constitute an offering of securities and the information contained herein is subject to the information contained in the Company's continuous disclosure documents. All amounts expressed in Canadian $ unless otherwise stipulated. Forward-looking Statements This p

  3. Slide 3: Track Record of Creating Value: The Collective Edge

    Track Record of Creating Value The Collective Edge Well trusted, knowledgeable and successful management team in Colombia. Built the largest gold mine in Colombia Highly specialized talent in generating Sold for C$2 billion (in EV) March 2020 grassroot exploration targets has (550% return) resulted

  4. Slide 4: Capital Structure and Analyst Research

    Capital Structure and Analyst Research Analyst Research Coverage Firm: BMO Capital Markets Common Shares Outstanding 84.8M Analyst: Andrew Mikitchook Stock Options 4.3M Target price: C$15.00 Fully Diluted Shares Outstanding 89.1M Firm: Scotiabank Analyst: Ovais Habib Cash * US$78.0M Target price: C$

  5. Slide 5: Board of Directors and Key Management

    Board of Directors Key Management Ned Jalil Ari Sussman, Executive Chairman CEO Former CEO and director of Continental Gold, which was sold to Zijin Former Chief Technical Officer at Kinross Gold with 25+ years Mining for $2 billion. Raised over $1 billion for various mining related leading global g

  6. Slide 6: Colombia: A Well Established Mining Jurisdiction

    Colombia: A Well Established Mining Jurisdiction Cerro Matoso Cerrejón Project Company Commodity Stage Type Cerro Matoso South 32 Ni Production Open-pit El Descanso Cordero Cerrejón Glencore Coal Production Open-pit Buriticá San Antonio El Descanso Drummond Coal Production Open-pit Segovia El Santua

  7. Slide 7: Caldas the most desirable mining jurisdiction in Colombia

    500+ year mining history – Pro-mining area of Colombia Caldas the most desirable mining Industrial based economy with excellent infrastructure jurisdiction in High level of education Colombia Excellent security 7

  8. Slide 8: Operating in an Established Mining Camp Contiguous to a Multi-Million Ounce Mine

    Operating in an Established Mining Camp Located Contiguous to a Multi-Million Ounce Producing Mine Option to earn 100% interest in the Guayabales and San Antonio projects. Located next to Aris Mining’s multi-million-ounce Marmato project which is currently in construction. District never consolidate

  9. Slide 9: Guayabales: Seven Targets to be Drilled in 2025

    Guayabales: Seven Targets to be Drilled in 2025 10 permitted & operating mines in a 3km area within an established mining camp. Multiple discoveries made through reconnaissance drilling since 2022. 120,000+ meters of drilling completed. 9

  10. Slide 10: Apollo System Section: High-Grade Continuity from Surface

    Apollo System Section: High-Grade Continuity from Surface 10

  11. Slide 11: Apollo System Section: High-Grade Continuity from Surface

    Apollo System Section: High-Grade Continuity from Surface 11

  12. Slide 12: Apollo vs Marmato: Two Giants Side by Side

    Apollo vs Marmato: Two Giants Side by Side **Please refer to disclaimer slide #2 for cautionary statement. 12

  13. Slide 13: Deep Drilling Aligns with Potential Future Development

    Deep Drilling Aligns with Potential Future Development Approximate location of the Panamerican Highway 13

  14. Slide 14: Apollo: Large-Scale and Continuing to Expand

    Apollo: Large-Scale and Continuing to Expand Two Deposits at Different Elevations: • Shallow: Bulk tonnage Au-Ag-Cu-W Deposit • Deep: Potentially Reduced Intrusion Related (Au-Ag-Bi-Te) • 72,500 meters (159 holes) completed Expansion drilling underway (4 rigs) • Test high-grade subzones to improve o

  15. Slide 15: Guayabales: Greenfield Targets Generated to Date

    Guayabales: Greenfield Targets Generated to Date 15

  16. Slide 16: New Targets: Apollo South

    New Targets: Apollo South SSW NNE New Apollo — Apollo South Anomaly System | | 2100 MASL. 1800 MASL. 1500 MASL 1200 MASL 1000 MASL. {Q) COLLECTIVE ——MINING—— TSXGCHL | NYSEICNL - Apollo System Plan View at 1,700 mas! 285 292 298 3.01 3.05 3.07 3.10 3.12 3.17 322 Density( 3.0 ¢/ec)

  17. Slide 17: New Targets: ME South 1 and ME South 2

    New Targets: ME South 1 and ME South 2 17

  18. Slide 18: New Targets: X Target, Plutus 1 and Plutus 2

    New Targets: X Target, Plutus 1 and Plutus 2 18

  19. Slide 19: San Antonio Project

    San Antonio Project G) N Guayabales Project Apollo System Aris Mining's multi-million ounce Marmato gold deposit. In construction targeting 200,0000z/pa beginning late 2026 £ aT Hydro Power Line Potential Site for Mine Infrastructure Panamerican Highway & NY} COLLECTIVE —MINING—— Pound Target: Drill

  20. Slide 20: San Antonio Project

    San Antonio Project Cu: Au: Cu: Au: Cu: Au: B-type chalcopyrite porphyry veins Euro Target NY} COLLECTIVE —— MINING — TSACCNL I NYSE:CNL ®) 2025 Porphyry System Discovery Hole | 710m @ 0.53 g/t AuEq (SAC-8) 406.35m @ 0.35 g/t AuEq from 128.60m and 290.20m @ 0.84 g/t AuEq from 549.0m Incl. 40.90m @ 1

  21. Slide 21: San Antonio's Pound Target: Significant Discovery?

    San Antonio’s Pound Target: Significant Discovery? Gold-Copper Rich Grassroots Porphyry Discovery in SAC-11 Two drill rigs vectoring throughout 2025 to hunt for a high-grade porphyry system 21

  22. Slide 22: 2025 Plan: 70,000 Metre Drilling Program

    2025 Plan: 70,000 Metre Drilling Program Guayabales Project Targets 1 Apollo: Expand the new Ramp Zone and shallow high- grade sub-zone discoveries 2 Trap: Expand the system to the northwest and vector toward the potential mineralized porphyry feeder source 3 Plutus and X Targets: Reconnaissance dri

  23. Slide 23: Sustainability: The Collective Model – Dialogue Platform

    Sustainability: The Collective Model – Dialogue Platform Multi-stakeholder platform focused on energy efficiency, conservation, social, economic and infrastructure development. Key achievements to date: Energy transition as one of the articulating axes of the process. 27/33 signatories to the volunt

  24. Slide 24: Sustainability Best Practices

    Sustainability Best Practices Partnerships to Strengthen 2023 a Year of Success University of Caldas Alliance Our Communities Strategic alliance with the A total of $600,000 was invested, Jointly implementing academic Coffee Growers Committee of through our alliances, benefitting and research projec

  25. Slide 25: Upcoming Catalysts: 2025 Drill Program Underway

    Upcoming Catalysts: 2025 Drill Program Underway Project Target Outcome Status Guayabales Apollo Discovery June 2022 Drilling underway X Undrilled Drilling underway Plutus Discovery October 2023 Drilling in Q3 2025 Trap Discovery January 2024 Drilling in H2 2025 Box Discovery August 2024 Phase II dri

  26. Slide 26: Appendix

    Appendix D ISCO V ERIN G C O LOM BIA’S N E XT WO RLD - C LA SS M INE RA L DE PO SIT

  27. Slide 27: Outstanding Payments to Acquire Project Portfolio

    Outstanding Payments to Acquire Project Portfolio Outstanding Payments to Acquire 100% of Two Projects Guayabales Project: San Antonio Project 100% Ownership with Residual Payments Outstanding Year Amount (US$) 2025 420,000 Year Amount (US$) 2026 750,000 2025 583,333 2027 750,000 2026 1,166,667 Opti

  28. Slide 28: Guayabales: A Major Complex with Significant Dimensions

    Guayabales: A Major Complex with Significant Dimensions 28

  29. Slide 29: Apollo System: Select Drill Results

    Apollo System: Select Drill Results 29

  30. Slide 30: Apollo: Outcropping in High-Grade Oxide Mineralization

    Apollo: Outcropping in High-Grade Oxide Mineralization High-Grade Au-Ag-Cu-Wo3 System 30

  31. Slide 31: Apollo Model: Remarkable Mineral Endowment (Cross Section)

    Apollo Model: Remarkable Mineral Endowment (Cross Section) 31

  32. Slide 32: Trap System: Second Major Discovery Made in 2024

    Trap System: Second Major Discovery Made in 2024 Trap Target Two rigs stepping out along strike to the SE. Porphyry unit overprinted by high-grade sheeted CBM veins. 1.4 kilometers of strike and open for further expansion. 32

  33. Slide 33: Plutus Target: Deep Drilling Planned

    Plutus Target: Deep Drilling Planned Plutus Porphyry Center South: Large coincidental copper & molybdenum in-soil anomaly lying above a magnetic high. Located approximately 1.5 km north of the Marmato mine. North: Breccia discovery (2023) • 136.45m @ 1.31 g/t AuEq Reconnaissance drill program on sou

  34. Slide 34: Guayabales Project: Targeting a Multi-Million Ounce Gold Camp

    Guayabales Project: Targeting a Multi-Million Ounce Gold Camp Our Exploration Strategy Target name Apollo, Trap Plutus North, ME X, Tower, Plutus South, Box, Victory Baco, Crono, The Knife Amagá 34

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