Mr. Ari Sussman reports

COLLECTIVE MINING APPOINTS ANGELA MARIA OROZCO GOMEZ AS NON-EXECUTIVE DIRECTOR

Collective Mining Ltd. has appointed Angela Maria Orozco Gomez as a director of the company.

"On behalf of the board of directors, I would like to welcome Angela to the Collective team," stated Ari Sussman, executive chairman. "Angela is a proven executive with the right mix of public and private senior-level experience that will complement our board and we look forward to working with her in advancing our projects."

Mrs. Gomez is a seasoned executive with over 30 years of government and international experience. Most recently, Mr. Gomez was the Minister of Transport and Infrastructure, Colombia, where she led various initiatives that secured public and private investments in the transportation and infrastructure industries. Mrs. Gomez has also been a partner in various private ventures that helped to represent industries in international trade disputes.

The appointment is effective immediately. Mrs. Gomez will be nominated for election at the company's next annual general meeting.

About Collective Mining Ltd.

Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $2-billion in enterprise value, Collective Mining is a copper, silver and gold exploration company with projects in Caldas, Colombia. The company has options to acquire 100-per-cent interests in two projects located directly within an established mining camp with 10 fully permitted and operating mines.

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