Investor Perception
Set in opposition to the backdrop of a unbroken bull gold market, Quimbaya Gold’s vital exploration upside stands out for its appreciable land holding surrounded by confirmed world-class gold deposits in Colombia’s most prolific gold mining district.
Overview
Colombia has lengthy been acknowledged for its potential as a mining jurisdiction and has for a number of many years been a growth goal for large-scale mining. Due to the nation’s distinctive geology, it hosts immense and wealthy deposits of a number of minerals, together with gold, silver, copper, molybdenum, nickel, iron and zinc.
Like many different South American nations, a lot of Colombia’s mineral wealth is centralized within the Andes Cordillera. For the time being, it hosts a number of mid- to large-scale tasks diversified throughout three geographic areas — east, central and west. Quimbaya Gold (CSE:QIM,OTCQB:QIMGF) has established itself in two of those three areas, with over 59,000 hectares of mining property throughout three tasks. The corporate is ideally positioned to change into some of the vital explorers in Colombia.
The corporate’s Maitamac venture is located in an underexplored mineral district of Abejorral within the central cordillera. Recognized for its significance in Colonial occasions, the district and its surrounding areas host a number of world-class gold deposits and large-scale tasks, together with Collective Mining’s (TSXV:CNL) Guayabales venture, Atico Mining’s (TSXV:ATY) El Roble venture, Denarius Metals’ (TSXV:DSLV) Zancudo, and Aris Mining’s (TSE:ARIS) Marmato venture. Prudent Minerals (CSE:PRUD) first started exploring Abejorral in 2020, with the institution of its extremely potential Abe Gold Mission.
Quimbaya’s different tasks, Tahami and Berrio, are situated within the Northeast Antioquia Area — the main supply of gold manufacturing within the nation for hundreds of years. The Segovia asset, held by GCM Mining (now generally known as Aris Mining), is arguably some of the vital in all the area. It is also an in depth neighbor of the Tahami venture and shares a geological hall with Berrio. Aris Mining’s Segovia, Soma Gold’s El Bagre, Solar Valley Rio Pescado and Mineros S.A. are additionally close to the Tahami venture. In 2023, Quimbaya expanded its claims in Segovia with 694 hectares of mining property. Extra mining properties with gold and silver exploration potential have been additionally acquired in 2024, encompassing roughly 1,877 hectares and considerably increasing Quimbaya Gold’s foothold within the burgeoning mining panorama of Segovia.
In December 2023, the corporate closed its acquisition of Explogold Ingenieria y Consultoria SAS, Minera Buey Aures SAS and Soluciones Ambientales Del Nordeste SAS by means of share buy agreements. The corporate additionally secured three exploration properties totalling 7,393 hectares (73.9 sq km) adjoining to its Maitamac venture in Abejorral-Sonsón, Antioquia, Colombia. These properties have been acquired by means of mapping staking from the Colombian authorities.
Quimbaya’s most beneficial asset by far, nevertheless, is its individuals. The corporate has assembled a powerhouse crew, combining intensive mining and company finance experience with robust ties to communities all through the nation. Quimbaya’s management contains Ernesto Cardenas, creator of the nation’s first interactive mining register.
CEO Alexandre P. Boivin brings a decade of experience in mining and finance, and performed a key position in elevating funds for Quimbaya. Nation supervisor Andres Felipe Rodriguez is the co-founder of the Colombian Exploration Affiliation and the primary large-scale prospector and discoverer of the potential of the mining district of Abejorral – Sonsón in Antioquia.
Consider Quimbaya’s capital construction, and it is easy to see why the corporate is so promising — and the way it might simply change into one of many main junior mining firms in Colombia.
Firm Highlights
- Quimbaya Gold is certainly one of 10 junior mining firms and some of the promising early-stage exploration firms in Colombia.
- Quimbaya’s portfolio spans 59,057 hectares with vital potential for high-grade gold, silver and copper, and the opportunity of discovering Colombia’s subsequent world-class deposit.
- The corporate’s three tasks are all located in Antioquia, the very best mining district in Colombia, surrounded by profitable gold manufacturing operations, offering the corporate with easy accessibility to essential infrastructure.
- Quimbaya has a very good capital construction and tight float, with 69 p.c of shares held by the corporate’s administration and board of administrators.
- Quimbaya employs a neighborhood crew with robust group ties and an understanding of the area and its geology, together with easy methods to navigate Colombia’s present political and environmental necessities.
Key Initiatives
Tahami
The Tahami venture presently consists of 17,087 hectares, of which 2,499 hectares are beneath concession contracts and 14,588 hectares are in software. The venture is situated on the easternmost facet of Segovia and the San Lucas Vary foothills.
Tahami’s concessions additionally host 4 artisanal mines generally known as Salomon, Captain, North and South mines with historic information associated primarily to a quartz-pyrite sheeted veins system positioned in a large shear zone developed by El Bagre fault motion over Jurassic rocks of Segovia Batholith and Cretacic Volcano sedimentary sequences. One other fascinating exhibiting has been registered within the Tahami venture, together with quartz-breccia our bodies and punctual stockwork zones.
The mines of the Tahami venture share completely different origins. porphyry-type alteration zoning is growing alongside Salomon and Captain and much more, is extending within the southeastern course in direction of North and South mines. The depth and extension of this hydrothermal alteration depict an enormous geologic potential for an enormous prevalence of medium-big scale gold-copper deposit. Moreover, different related options in comparison with Aris Mining sheeted veins techniques have been noticed in North and South mines, together with geologic orientation of constructions and mineralization hosted in large quartz veins.
Maitamac
Masking a complete of 33,223 hectares, Maitamac’s 9 claims are surrounded by a number of areas of excessive gold mining potential owned by the Colombian state. These areas all have the potential to be totally transferred to Quimbaya by means of the Colombian State’s mining enterprise buying and selling program. A number of gold occurrences all through the claims have already been reported and Quimbaya has recognized at the very least two preliminary targets — Los Bonitos and La Morelia.
Maitamac is close to Prudent Minerals’ Abe Gold venture, with quartz vein-hosted mineralization alongside a 30-meter large structural hall for over two kilometers which is open in all instructions. Mined mineralized shoots within the venture common a gold grade of 26 grams per ton.
Berrio
The Berrio venture’s preliminary 8,746 hectares includes 1,217 hectares beneath concession contracts and seven,529 hectares in software.
Berrio has the good thing about being near established and accessible infrastructure together with paved roads, water, electrical energy, lodging services and an airport. The venture was the positioning of intensive artisanal mining, regularly remodeled into small-scale industrial mining as is the case of El Vapor Mine.
El Vapor Mine hosts completely different techniques of gold mineralization in a shear zone shaped by the Nus fault in a development of two kilometers in size the place Segovia Batholith and Metasediments of Segovia are additionally uncovered. As a result of a number of showings and artisanal mines have been reported within the space, the Colombian State chosen quite a few areas round Berrio Mission as mineral areas of curiosity to analysis and decide mineral potential.
Administration Staff
Alexandre P. Boivin – CEO
Alexandre P. Boivin boasts a decade of experience in Colombian mining, company finance, capital markets and enterprise growth. He is performed a key position in elevating funds, spearheading venture growth and dealing with exploration and product offers. Boivin’s company finance and capital markets background have been key in elevating capital for venture growth.
Juan Sanchez – Director
Juan Sanchez has 10 years of expertise as a supervisor within the mining sector. He has been energetic in commodities buying and selling and monetary companies in Europe and South America. He’s presently the Colombia Nation Supervisor for the Swiss buying and selling firm Open Mineral AG.
Invoice De Jong – Director
Invoice De Jong is a lawyer at DLA Piper, specializing in securities and mining teams. Having served on quite a few boards, he brings greater than a decade of expertise in regulation and company growth, advising on financings, M&As and extra.
Pietro JL Solari – Director
Beginning his profession in 1980 at United Mining Company, Pietro Solari spent 40 years in banking earlier than investing in numerous sectors’ non-public fairness offers in Latin America.
Juan Pablo Bayona – Government Chairman
Juan Bayona, an economist by schooling, is a US citizen, born in Colombia , and brings over 30 years of administration expertise. Bayona started his profession first at DH Blair whereas collaborating in over 20 IPOs of small cap firms, working in all company finance and capital markets areas.
Olivier Berthiaume – CFO
Olivier Berthiaume is a devoted CFO and former unbiased accountant with a decade of expertise. He excels in managing monetary operations, providing funds steering and driving strategic selections throughout various organizations.
Jorge Benavides – Chief of Geologist
PhD in Geology from Queen’s Canada. Over 20 years of worldwide expertise in mining exploration in Colombia, Canada, Australia, Guyana, Mexico and Chile.
Fernanda Martinez – Geologist
Fernanda Martinez is an exploration geologist with 9 years of expertise. She has labored with Agnico Eagle, AUX Colombia, Eco Oro and a number of establishments with mineral potential for State-owned strategic mineral areas.
Ernesto Cardenas – Supervisor Engineer
Ernesto Cardenas is a techniques engineer and founding father of Sigmin, an organization specialised within the era of latest mining property in Colombia. He’s additionally the creator of Colombia’s first interactive mining register.
Francois Goulet – Technical Marketing consultant
Francois Goulet is a registered geologist with the Ordre des géologues du Québec and holds a grasp’s diploma in structural geology. Because the ex-CEO of Harfang Exploration Inc., Goulet has intensive worldwide expertise in mining tasks in tropical and northern environments. He additionally sits on the board of AEMQ
Jean Depatie – Technical Advisor
For 45 years, Jean Depatie has led mining companies together with Glamis Gold, Novicourt and Consolidated Thomson Iron Mines. He has contributed to a number of multi-billion greenback transactions.
Rejean Gosselin – Technical Advisor
Rejean Gosselin has spent 35 years founding and selling junior mining firms worldwide. He’s credited with gold and base metallic discoveries in each Canada and Mexico
