Quimbaya Gold Stock Price, News & Analysis

Quimbaya Gold (QIMGF) has reported promising initial exploration results from its Tahami South Gold Project in Antioquia, Colombia. Surface rock sampling revealed high-grade gold values up to 11.21 g/t Au and silver up to 23.3 g/t Ag. The project is strategically located just 1.8km from Aris Mining's Segovia operation, which contains over 13.8M ounces of gold. The exploration program included detailed geological mapping, rock channel sampling, and soil sampling across 144 hectares. The geochemical analysis showed elevated levels of key pathfinder elements characteristic of epithermal systems. These early-stage results align with the proven discovery model in the Segovia district, setting the stage for Quimbaya's maiden drill campaign scheduled for Q2 2025.

Denarius Metals has signed a binding Letter of Intent with Quimbaya Gold to form a 50/50 joint venture focused on formalizing small-scale mining operations at the Tahami Project in Colombia's Segovia Gold District. The project is strategically located adjacent to Aris Mining's high-grade Segovia Operations. The partnership will be executed through Zancudo Metals Corp., Denarius's wholly-owned subsidiary, targeting development in Tahami South and North areas across four concessions owned by Quimbaya.

The joint venture aims to formalize artisanal mining operations while supporting local communities. Denarius Metals will provide technical and financial support for miners' legalization, assist with mining and environmental licensing, and lead production commercialization. This initiative aligns with Quimbaya's ongoing exploration efforts, including a planned 4,000-meter drilling campaign at Tahami South.

Quimbaya Gold (QIMGF) has announced a strategic 50:50 joint venture with Denarius Metals to formalize artisanal mining operations at the Tahami Project in Colombia's Segovia Gold District. The partnership focuses on integrating small-scale mining operations while supporting Quimbaya's ongoing 4,000-meter drilling campaign at Tahami South. The joint venture will target development in Tahami South and North areas, covering concessions SHO-08001, SE9-13331, LJQ-08001, and HHII-21. Denarius, led by Serafino Iacono, brings expertise from their success with Gran Colombia Gold (now Aris Mining), which produces over 200,000 ounces of gold annually in the region. The partnership aims to generate cash flow from existing operations while maintaining focus on high-grade gold discovery potential.

Couloir Capital has initiated research coverage on Quimbaya Gold Inc. (CSE: QIM), with Senior Mining Analyst Ron Wortel publishing a report titled 'Building a high-impact exploration portfolio in Colombia's prolific Antioquia gold camp.' The report highlights QIM's strategic positioning in areas prospective for orogenic and epithermal gold deposits in Colombia.

The company has successfully built a targeted land package using proprietary staking software, giving them a competitive advantage in securing promising territories. Quimbaya is now preparing to launch its first drilling campaign at the Tahami South mining title claim near Segovia, adjacent to the Aris Gold project.

Quimbaya Gold Inc. (CSE: QIM) (OTCQB: QIMGF) held its Annual General and Special Meeting on March 28, 2025, where shareholders approved all proposed items including director elections, auditor appointment, equity incentive plan, and the company's continuation under British Columbia Business Corporations Act.

The company announced board changes with Sebastian Wahl joining as a new independent director, while Mr. Bayona did not seek re-election. Wahl brings over 15 years of mining industry experience, particularly in precious metals trading and corporate development. He previously served as Vice President of Corporate Development at Silver X Mining Corp., where he helped consolidate assets and advance South American projects.

Wahl holds a B.Sc. in Business Administration from the Graduate School of Business Administration in Zurich and is certified in Financial Modelling from the Corporate Finance Institute. His expertise in South American mining operations and capital markets, along with Spanish language fluency, is expected to support Quimbaya's growth in Colombian mining exploration.