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Quimbaya Gold Inc
Symbol QIM
Shares Issued 58,789,787
Close 2025-10-17 C$ 0.75
Market Cap C$ 44,092,340
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Quimbaya Gold completes lidar surveys at Tahami

2025-10-20 11:57 ET - News Release

Mr. Alexandre Boivin reports

QUIMBAYA GOLD IDENTIFIES KEY STRUCTURAL TRENDS AND PORPHYRY-RELATED ANOMALIES AT TAHAMI PROJECT

Quimbaya Gold Inc. has successfully completed high-resolution airborne lidar (light detection and ranging) surveys over its 100-per-cent-owned Tahami Center and Tahami Southeast zones in the Segovia region of Antioquia, Colombia. The survey covered a combined 1,530 hectares and has already yielded valuable structural and geomorphological insights that will guide upcoming soil sampling, drill platform planning and geological mapping.

"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, chief executive officer of Quimbaya Gold.

"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, vice-president, exploration.

Survey overview

  • Platform and methodology: Data were acquired using a fixed-wing (Cessna-type) aircraft equipped with high-resolution lidar instrumentation, optimized for precision terrain modelling in rugged topography.
  • Coverage:
    • Tahami Center 800 hectares;
    • Tahami Southeast 730 hectares.

Initial interpretation highlights -- Tahami Center

  • Two dominant structural trends were identified: northwest-southeast and northeast-southwest orientations, consistent with regional porphyry emplacement controls;
  • A cluster of circular geomorphological anomalies, interpreted as possible surface expressions of intrusive porphyry centres, has been mapped with a footprint of approximately of two kilometres by 1.7 kilometres on the south of the property and 1.2 km by 1.2 km at the north;
  • The data have supported the preliminary layout of soil sampling grids, identification of optimal drill platform sites and artisanal miners works, subject to completion of continuing ground mapping.

Tahami Southeast: interpretation pending

  • Lidar data acquisition at Tahami Southeast has been completed;
  • Preliminary data delivery is expected within two weeks, after which structural interpretation and anomaly mapping will commence.

Strategic significance

The lidar survey represents a critical technical milestone in Quimbaya's systematic exploration strategy. By enhancing the resolution of topographic and structural data sets, the company is better positioned to vector into mineralized centers with reduced environmental impact and increased geological confidence.

Tahami Southeast represents a newly defined target area, immediately adjacent to Aris Mining's Segovia operations. Its inclusion marks a meaningful expansion in the scope and quality of Quimbaya's exploration portfolio, further anchoring the company in a proven gold-producing district.

Upcoming milestones for Tahami Center and Southeast

  • Completion of lidar interpretation at Tahami Southeast;
  • Ongoing soil sampling and geological mapping at Tahami Center;
  • Prioritization of drill platform locations based on integrated data sets and targeting;
  • Continued environmental and community engagement to support responsible exploration.

Location of the Tahami Center and Tahami South blocks in the Segovia region of Antioquia, Colombia. Proximity to Aris Mining's Segovia operations highlights the significance of this emerging district.

Key structural trends (first, second and third order) and circular anomalies identified over the Tahami Center. This interpretation supports geological vectoring and drill planning.

Board appointment

Quimbaya Gold is also pleased to announce the appointment of Juan Pablo Bayona to its board of directors. Mr. Bayona brings extensive experience in the mining and financial sectors in Colombia, with a record of advising both private and public companies on strategy, capital markets and regulatory matters. His deep understanding of the Colombian business environment will provide valuable insight as Quimbaya advances exploration at its flagship Tahami project.

Qualified person

The information in this report that relates to lidar interpretation results and observations is based on information reviewed by Ricardo Sierra, a competent person who is a member of the Australian Institute of Mining and Metallurgy (AusIMM), and a qualified person as defined by National Instrument 43-101. Mr. Sierra has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration. Ricardo Sierra consents to the inclusion of exploration results based on the information and in the form and context in which it appears.

About Quimbaya Gold Inc.

Quimbaya aims to discover gold resources through exploration and acquisition of mining properties in the prolific gold mining districts of Colombia. Managed by an experienced team in the mining sector, Quimbaya is focused on three projects in the regions of Segovia (Tahami project), Puerto Berrio (Berrio project) and Abejorral (Maitamac project), all located in Antioquia province, Colombia.

We seek Safe Harbor.

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