Quimbaya Gold completes lidar surveys at Tahami

Executive Summary

• Quimbaya Gold Inc. completed high-resolution airborne lidar surveys over 1,530 hectares across its Tahami Center and Tahami Southeast zones in Antioquia, Colombia.
• Initial interpretations at Tahami Center identified key structural trends (NW-SE and NE-SW) and circular geomorphological anomalies interpreted as potential porphyry intrusive centers, guiding upcoming soil sampling and drill platform planning.
• The company also announced the appointment of Juan Pablo Bayona to its board of directors.

Key Details

• Survey Coverage:
  • Total area surveyed: 1,530 hectares.
  • Tahami Center: 800 hectares.
  • Tahami Southeast: 730 hectares.
• Tahami Center Interpretation:
  • Identified two dominant structural trends: northwest-southeast and northeast-southwest, consistent with regional porphyry emplacement controls.
  • Mapped a cluster of circular geomorphological anomalies interpreted as surface expressions of intrusive porphyry centers.
  • Anomaly footprint: Approximately 2 km by 1.7 km on the south of the property and 1.2 km by 1.2 km at the north.
  • Data supported preliminary layout of soil sampling grids and identification of optimal drill platform sites.
• Tahami Southeast Status:
  • Data acquisition completed.
  • Preliminary data delivery expected within two weeks.
  • Structural interpretation and anomaly mapping to commence upon data receipt.
• Strategic Context:
  • Tahami Southeast is newly defined and adjacent to Aris Mining's Segovia operations.
  • Survey aims to vector into mineralized centers with reduced environmental impact and increased geological confidence.
• Board Appointment:
  • Juan Pablo Bayona appointed to the board of directors.
  • Background includes extensive experience in mining and financial sectors in Colombia, advising on strategy, capital markets, and regulatory matters.
• Qualified Person:
  • Information reviewed by Ricardo Sierra, VP of Exploration, member of AusIMM and qualified person under NI 43-101.

Notable Quotes

• "This data gives us a powerful new lens to understand the architecture of the porphyry systems we are targeting. The structural patterns and geomorphological anomalies we see are textbook indicators, and we are moving rapidly to translate these into high confidence targeting for drill targets," said Alexandre P. Boivin, CEO.
• "With this lidar survey, we can clearly distinguish the dominant fault systems and potential intrusive centres, which are key controls for porphyry emplacement and epithermal gold vein systems. It's a major technical step forward for the Tahami Center project," said Ricardo Sierra, VP of Exploration.