Quimbaya Gold (CSE: QIM) is an early-stage explorer assembling a large land package in Antioquia’s Segovia district, right beside Aris Mining’s Segovia operation. Quimbaya Gold stock is a bet on finding new high-grade veins and a porphyry system next to one of Colombia’s best-known gold mines.
Quimbaya Gold at a glance
| Project | Department | Commodity | Stage | Ownership |
|---|---|---|---|---|
| Tahami | Antioquia | gold, silver, copper, molybdenum | advanced exploration | 100% (includes mineral applications not yet granted) |
| Maitamac | Antioquia | gold | early exploration | Not disclosed in sources reviewed |
| Berrío | Antioquia | gold | early exploration (under sale option) | 100%, subject to option to 37 Capital Inc. |
| Market cap | Refresh at publication (no dated figure from a reliable source found) |
| Cash | About C$12 million in treasury (company statement, Feb 18, 2026) |
| Last financing | C$14.4 million bought deal at C$0.70 per unit, closed Nov 4, 2025 (Stifel Canada) |
| Land position | Tahami: 43,496 ha including applications (Oct 28, 2026); portfolio >73,000 ha in Antioquia (Aug 19, 2026) |
| Mineral resource | None estimated |
| Drilling | Tahami South Phase 1: 5,320 m in 12 holes; Tahami Center: 6 holes, 2,928 m reported (Oct 16, 2026) |
About Quimbaya Gold
Quimbaya Gold is a Canadian junior focused entirely on Colombia. Its flagship is the Tahami project in the Segovia gold district of northeast Antioquia. The land position grew about 37% during 2026, to 43,496 hectares, through ten new mineral applications. The company describes a wider portfolio of more than 73,000 hectares across Antioquia.
Tahami lies immediately next to Aris Mining’s Segovia operation, which Quimbaya’s CEO says produces about 250,000 ounces of gold a year. Quimbaya is testing two styles of target there: narrow, high-grade gold-silver veins similar to those mined at Segovia (Tahami South) and a large copper-molybdenum porphyry system (Tahami Center).
The company also holds the Maitamac project in Abejorral, Antioquia, and the Berrío project in Puerto Berrío. In August 2026 it granted 37 Capital Inc. an option to buy Berrío, which it calls non-core, for up to US$3.75 million in cash and shares.
Quimbaya closed a C$14.4 million bought deal financing led by Stifel Canada in November 2025. In February 2026 it reported about C$12 million in treasury and said it was fully funded for 2026.
Quimbaya Gold’s Colombian projects
Tahami
Tahami covers ground in the Segovia district, immediately next to Aris Mining’s Segovia mines. The company splits it into Tahami Center, South, North, Northwest and Southeast. Part of the 2026 expansion is made up of applications in the national mining cadastre, which are not yet granted titles and carry no right to explore or mine.
Tahami South is a vein target. Phase 1 drilling (5,320 m in 12 holes) hit narrow gold-silver veins, the best being 1.00 m at 0.77 g/t gold and 528 g/t silver (8.40 g/t gold equivalent). Ground geophysics later supported vein continuity, and Phase 2 drilling began in September 2026 with an extra rig.
Tahami Center is a porphyry target: a large, low-grade system of copper and molybdenum formed around an intrusion. Independent geologist Dr. Stewart Redwood confirmed a porphyry copper system in January 2026. Six holes (2,928 m) all hit the system, but at sub-economic grades. The longest interval was 526.95 m at 0.041% copper and 34 ppm molybdenum. Drilling there will pause after the current phase so the team can model the data and look for vectors to higher grade.
Tahami Southeast is a newer target. Selective rock samples returned up to 59.4 g/t gold and 52.3 g/t silver in July 2026, linked to historic workings. Selective samples are not necessarily representative.
Resources: No mineral resource yet.
Maitamac
Maitamac is located in Abejorral, in southern Antioquia. Company releases reviewed in 2026 name the project but give no geology, results or work plans.
Resources: No mineral resource yet.
Berrío
Berrío is in Puerto Berrío, Antioquia. It covers mining concession contract No. 6822 (about 1,219 hectares) and five related applications. In August 2026 Quimbaya granted 37 Capital Inc. (CSE: JJJ) a 12-month option to buy it for up to US$3.75 million. The price is made up of US$250,000 in non-refundable deposits, 7.6 million 37 Capital shares (about 19.9% of that company) and the remaining cash. The deal does not dilute Quimbaya shareholders.
Resources: No mineral resource yet.
Latest Quimbaya Gold news
- Oct 28, 2026: Expanded the Tahami land position by about 37% in 2026 to 43,496 hectares through ten new applications. Phase 2 drilling continues at Tahami South, and remaining Tahami Center assays are due in December 2026. (Quimbaya Gold Expands Tahami Land Position by 37% to 43,496 Hectares)
- Oct 16, 2026: Reported six holes at Tahami Center that all hit a copper-molybdenum porphyry system at sub-economic grades, including 526.95 m at 0.041% Cu. Drilling will pause for modelling after the current phase. (Quimbaya Gold Defines a Copper-Molybdenum Porphyry System at Tahami Center)
- Oct 7, 2026: Added Gowling WLG partner Peter Simeon to the board. Signed a related-party deal with Fenyx Commerce to help formalize artisanal miners, with Quimbaya to receive a 10% NSR royalty on their production. (Quimbaya Gold Appoints Peter Simeon to the Board and Enters into Agreement to Support Formalization of Artisanal Mining)
- Sep 22, 2026: Added a second rig and started Phase 2 drilling (six holes from two platforms) at the Tahami South vein target. (Quimbaya Gold Mobilizes Additional Drill Rig and Commences Phase 2 Drilling at Tahami South)
- Aug 19, 2026: Granted 37 Capital Inc. an option to buy the non-core Berrío project for up to US$3.75 million in cash and shares. (Quimbaya Gold Grants Option to Sell Non-Core Berrio Project)
- Jul 16, 2026: Identified a new gold target at Tahami Southeast, with selective rock samples up to 59.4 g/t gold. (Quimbaya Gold Identifies New Gold Target at Tahami Southeast)
Upcoming catalysts
- Remaining Phase 1 assays from Tahami Center (company guidance: December 2026)
- Phase 2 drill results from Tahami South veins (drilling under way since Sept 2026)
- Decision by 37 Capital on exercising the Berrío option (within 12 months of Aug 18, 2026)
- Surface work, stream sediment sampling and drone magnetics on northern Tahami ground (company guidance: Q1 2027)
- Grant or rejection of the ten new mineral applications
Management
- Alexandre P. Boivin, CEO & Director
- Ricardo Sierra, VP Exploration. Qualified Person (not independent)
- Sebastian Wahl, VP Corporate Development
- Dr. Mark Cruise, Director. Geologist; technical adviser from March 2026, board from June 2026
- Peter Simeon, Director. Partner at Gowling WLG; appointed Oct 6, 2026
Key risks for Quimbaya Gold stock
- Early stage: there is no mineral resource, and porphyry grades drilled so far at Tahami Center are sub-economic.
- Narrow veins: Tahami South intercepts are around 1 m wide, which makes continuity and future mining harder to prove.
- Title risk: much of the 2026 land growth is applications, which may not be granted.
- Related-party arrangements: directors and officers hold interests in Fenyx Commerce, the artisanal formalization partner.
- Funding: the C$12 million reported in February 2026 is being spent on two drill programs, so a new financing is likely at some point.
- Artisanal and illegal mining, plus security conditions, are long-standing issues in the Segovia district.
Sources
- Quimbaya Gold Expands Tahami Land Position by 37% to 43,496 Hectares (Oct 28, 2026)
- Quimbaya Gold Defines a Copper-Molybdenum Porphyry System at Tahami Center (Oct 16, 2026)
- Quimbaya Gold Appoints Peter Simeon to the Board of Directors and Enters into Agreement to Support Formalization of Artisanal Mining (Oct 7, 2026)
- Quimbaya Gold Mobilizes Additional Drill Rig and Commences Phase 2 Drilling at Tahami South (Sep 22, 2026)
- Quimbaya Gold Grants Option to Sell Non-Core Berrio Project for Up to US$3.75 Million (Aug 19, 2026)
- Quimbaya Gold Identifies New Gold Target at Tahami Southeast (Jul 16, 2026)
- Quimbaya Gold Advances Multi-Target Exploration at Tahami Project, Segovia (Feb 18, 2026)
- Quimbaya Gold Closes C$14.4 Million Bought Deal Financing (Nov 4, 2025)
- Quimbaya Gold company news list (Newsfile) (Nov 4, 2026)
- Quimbaya Gold Inc. company profile (StockAnalysis) (Aug 7, 2026)
Related: Colombian stocks · Companies & Projects tracker · Colombian exploration companies
Educational information only, not investment advice. Figures are from the sources listed and dated; check the company’s latest filings before relying on them. See our Disclosure & Editorial Policy.