- Quimbaya Gold (CSE:QIM) has broken ground on the first diamond drilling campaign at its Tahami South project in Antioquia, Colombia
- The project resides within one of the country’s top gold-producing districts
- Quimbaya Gold stock has added 18.18 per cent year-over-year but remains down by 17.46 per cent since inception in 2022
Quimbaya Gold (CSE:QIM) has broken ground on the first diamond drilling campaign at its Tahami South project in Antioquia, Colombia, within one of the country’s top gold-producing districts.
This content has been prepared as part of a partnership with Quimbaya Gold Inc., and is intended for informational purposes only.
The 4,000-metre program will explore for a potential district-scale extension to the high-grade vein system underpinning Aris Mining’s nearby Segovia mine, one of Colombia’s top gold-producing operations, with 2025 production estimated at more than 230,000 ounces.
Quimbaya’s management team is optimistic about initial results, which are slated to hit the wire in Q4, thanks to multiple mapped epithermal gold-silver veins on trend across both properties, as well as numerous drill targets in place following field work earlier this year substantiating attractive geochemistry, hydrothermal alteration, structural control and surface samples up to 23.3 grams per ton of gold.
Leadership insights
“The old adage in exploration holds true: the best place to find a mine is next to a mine,” Alexandre P. Boivin, Quimbaya Gold’s chief executive officer, stated in Friday’s news release. “We’re the first company to deploy modern exploration on this part of the Segovia trend. Our systematic work, including soil geochemistry, channel and rock sampling, stream sediments sampling and structural modelling, has built a robust case for drill testing. We’re now turning that data into action.”
“This program is the culmination of months of disciplined geoscience,” added Ricardo Sierra, Quimbaya Gold’s vice president of exploration. “We’ve mapped out structural trends, alteration zones and artisanal footprints that all suggest a large-scale epithermal system. Now, we’re finally testing it below surface.”
About Quimbaya Gold
Quimbaya Gold explores and acquires mineral properties in Colombia’s most prolific gold districts. The company is currently focused on three prospective projects in the province of Antioquia.
Quimbaya Gold stock (CSE:QIM) last traded at C$0.52. The stock has added 18.18 per cent year-over-year but remains down by 17.46 per cent since inception in 2022.
Join the discussion: Find out what everybody’s saying about this Colombian gold stock on the Quimbaya Gold Inc. Bullboard and check out the rest of Stockhouse’s stock forums and message boards.
Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.