Projects
Tahami
Overview
Quimbaya Gold (CSE:QIM OTCQB:QIMGF FSE: K05) is a Canadian-based gold exploration company focused on operations within Colombia. It directs its efforts towards three gold projects situated in a prolific and mine friendly jurisdiction with multiple unexplored targets.
Total area
7,087 hectares (2500 hectares under concession contracts – 14,587 hectares in applications)
Deposits
Mesothermal Veins / Multiple mineralizing events / Porphory
Neighbours
Aris Mining • Market Cap: ≈ $1B
- Average Grade: 14.3 g/t Au
- Production: Around 220,000 oz Au yearly – 2023
- Gold Reserve: Around 1.5M
- Gold Resources M&I (including mineral reserves): 3.6M ounces
Soma Gold:
- Market Cap: ≈ $48M (≈ $58M debts)
- Production: Around 30,000 oz Au Yearly
Geological
Region
- The region lies along the western flank of the San Lucas Range
- Bounded by the Bagre fault to the west and the Palestina Fault to the east.
- Geological composition primarily comprises Precambrian metamorphic rocks consolidated within the San Lucas Gneiss unit.
- Surrounded by established operations of industries such as Aris Mining, Soma Gold, Mineros & Sun Valley.
- Prime gold concessions with a rich tradition of gold mining dating back to colonial times (mid-16th century).
Geological results
Rock grab samples : 5.86/4.99/3.94 Au g/t, Ag over 100g/t
- Presence of over 25 historical mines
- Rock channel sampling assaying by previous operators on historical mines report grades from 15 to 26 g/t Au