Northwire Canada EditionFriday, July 31, 2026
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NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0% NMI 0.195 +0.0% TKO 9.87 +4.4% ELD 45.89 +2.2% DG 0.045 +12.5% TNGD 6.33 +3.4% DPM 52.30 +6.1% EPL 0.180 +2.9% NTH 0.160 +3.2% GGM 0.035 +0.0% ITR 3.01 +4.9% CS 13.25 +3.5% EMO 0.325 +1.6% CAN 0.050 −9.1% MOON 7.40 +3.4% FG 0.035 +0.0% SBMI 0.125 +0.0%
Drill Results

Quimbaya Gold Advances Multi-Target Exploration at Tahami Project, Segovia

By The Northwire Desk — AI Analysis Feb 18, 2026 · 07:31 QIM · 0.375 Quimbaya Gold Inc.
QIM · Price

Executive Summary

  • Quimbaya Gold reports that its Phase 1 drilling program at the Tahami South target is complete, with assay results received for all 12 holes.
  • The company confirms a strong treasury of approximately $12 million, fully funding its 2026 exploration budget without needing near‑term financing.
  • A market‑awareness engagement with Red Cloud Financial Services has been initiated at $10,000 per month for twelve months to increase visibility of the project.

Key Details

  • Treasury: Approximately US$12 million on hand; fully funds 2026 exploration program – no additional financing required in the near term.
  • Exploration Targets (2026):
  • Tahami South: Ground IP & magnetic surveys ongoing; 3‑D modelling and geological interpretation in progress; new high‑priority drill targets being defined. Phase 1 drilling completed, all 12 holes (TSDH_001–TSDH_012) assayed.
  • Tahami Center: Recent surface sampling assays pending; drone magnetic and IP surveys advancing; drill‑ready targets under identification.
  • Tahami Southeast: Exploration campaign launched; systematic surface mapping and data consolidation underway.
  • Planned Drilling: Approximately 15,000 m of drilling slated for 2026 across the three target areas, guided by integrated geophysical, geochemical, and structural datasets.
  • Red Cloud Financial Services Engagement: Monthly fee of $10,000 (plus taxes) for a twelve‑month term starting 12 Jan 2026; Red Cloud provides market‑awareness services; no securities held by Red Cloud or its directors/officers.
  • Qualified Person: Ricardo Sierra, AusIMM, VP Exploration, reviewed and approved the technical content of this release.

Notable Quotes

“The setup 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 & CEO

Materiality Assessment: Non‑Material – Positive (operational progress and solid financing but no immediate impact on valuation).

Read the original news release →

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