Quimbaya Gold Confirms Discovery of Two Mineralized Vein Structures at Tahami South, Colombia

Core Insights - Quimbaya Gold Inc. has confirmed the discovery of two new mineralized vein systems at its Tahami South Project in Colombia, indicating a significant mineralized system in a productive gold district [1][3][7] Exploration Results - The ongoing drill program at Tahami South has intersected mineralization in 8 out of 9 drill holes, demonstrating strong structural continuity and targeting accuracy [5][8] - The identified vein systems include Vein S and Vein V, which are consistent with regional quartz vein systems [2][7] - The mineralization consists of quartz, barite, carbonate veining, and a sulphide assemblage including pyrite, chalcopyrite, galena, and sphalerite [5] Strategic Implications - The discovery validates Quimbaya's exploration thesis that district-scale mineralized structures extend beyond known mines into underexplored areas [7][8] - The company has extended its drilling program beyond the initial scope due to encouraging early results, with over 4,000 meters drilled to date [5][8] Financial Position - In the second half of 2025, Quimbaya issued 2,169,164 common shares through the exercise of stock options and warrants, raising gross proceeds of C$874,665, which strengthens the company's treasury for a fully funded 2026 drill campaign [18] - The company has also granted 614,034 Restricted Share Units (RSUs) to senior management and board members to align long-term performance with shareholder value [19]