Quimbaya sets out 2026 exploration plans for Tahami

Executive Summary

• Quimbaya Gold Inc. provided an update on its 2026 exploration program at the Tahami project in Colombia, confirming the completion of Phase 1 drilling at Tahami South and outlining active exploration across three project areas.
• The company reported receiving assay results for the final four holes of the Phase 1 program at Tahami South, which confirmed the continuity of target vein structures at depth and along strike, completing the structural data set for that area.
• Quimbaya highlighted its financial strength with approximately $12 million in treasury, stating it is fully financed for 2026 with no near-term financing required, while planning approximately 15,000 meters of drilling in the near future.

Key Details

• Tahami South Drilling Results:
  • Phase 1 drilling program is complete; all 12 holes have been assayed.
  • Received assay results for the final four holes (TSDH-009 through TSDH-012).
  • Results confirm the presence and continuity of target vein structures at depth and along strike.
  • The completed structural framework will guide target prioritization for future drill campaigns.
• 2026 Exploration Outlook & Activities:
  • Tahami South: Ground induced polarization (IP) and magnetic geophysics surveys are underway; 3-D modeling and updated geological interpretation are in progress; new high-priority drill targets are being defined.
  • Tahami Center: Assays are pending from recent sampling; drone magnetic and IP surveys are advancing; drill-ready targets are being identified.
  • Tahami Southeast: Exploration campaign inaugurated; systematic surface mapping and data consolidation are underway.
• Near-Term Catalysts:
  • Release of geophysics and geochemistry results from multiple targets.
  • Release of updated geological models.
  • Mobilization for approximately 15,000 meters of planned drilling.
• Financial Position:
  • Treasury holds approximately $12 million.
  • Company is fully financed for the 2026 exploration program.
  • No near-term financing is required.
• Advisory Engagement:
  • Engaged Red Cloud Financial Services Inc. for market awareness services.
  • Fee: $10,000 per month (plus applicable taxes).
  • Term: 12-month initial term commencing January 12, 2026.
  • Parties are arm's-length; neither Red Cloud nor its directors/officers hold securities in the company.
• Project Details:
  • Tahami Project size: 24,724 hectares.
  • Location: Segovia gold district, Colombia, adjacent to Aris Mining's Segovia operations.
  • Total portfolio: More than 66,000 hectares across Antioquia, Colombia.

Notable Quotes

• "The set-up is complete: district-scale ground position, experienced boots on the ground and strong treasury. Our next exploration steps will tell us what we have -- we're ready to systematically test this system." — Alexandre P. Boivin, President and CEO