Quimbaya Gold Announces Termination of LOI with Denarius Metals

Core Viewpoint - Denarius Metals Corp. has terminated the binding Letter of Intent for a joint venture with Quimbaya Gold Inc. regarding the Tahami Project in Colombia, which was initially announced on May 7, 2025 [1][2] Company Overview - Quimbaya Gold Inc. retains 100% ownership of the Tahami Project, including the drill-ready Tahami South, and is focused on its fully funded exploration program for 2025-2026, which includes a 4,000-meter drill campaign [3][5] - The company is committed to responsible mining and community engagement while exploring alternative structures to support the formalization of artisanal mining in the region [4][5] Future Plans - The exploration plans for the Tahami Project are on track, and the company continues to evaluate opportunities that can responsibly advance the project and generate long-term value for stakeholders [5]