Collective Mining Ltd. (NYSE:CNL) is highlighted as one of the best Canadian gold stocks to buy by hedge funds. The company reported a drilling intercept of 442.35 meters at 2.16 grams per ton gold equivalent in Colombia, including 68.05 meters at 4.55 g/t gold equivalent at the Apollo system in the Guayabales Project.

The gold-equivalent grades consist of gold, silver, copper, and tungsten. For the 442.35-meter intercept, the breakdown includes 1.18 g/t gold, 43 g/t silver, 0.21% copper, and 0.05% WO₃. Another hole recorded 325.10 meters at 2.03 g/t gold equivalent, with various metal compositions, starting 8 meters below the surface.

Collective Mining is fully funding a 70,000-meter drill program for 2025, operating ten drill rigs at Guayabales and San Antonio. The company is focused on developing high-grade gold deposits, with the Guayabales Project showing promising results, including intercepts exceeding 9 g/t gold equivalent.

While Collective Mining (CNL) shows potential, other AI stocks may offer greater upside with less downside risk. Investors interested in undervalued AI stocks can explore opportunities in companies poised to benefit from Trump-era tariffs and the onshoring trend.

Read more at Yahoo Finance: Collective Mining (CNL) Hits 442-Meter Gold Intercept at Apollo System in Colombia