Quimbaya Gold

What Quimbaya Gold does

Quimbaya Gold Inc. is a Canadian-incorporated, publicly listed junior mineral exploration company (CSE: QIM, OTCQB: QIMGF, FSE: K05) operating a district-scale land package of 66,693 hectares across three projects — Tahami (24,724 ha), Maitamac (33,223 ha), and Berrio (8,746 ha) — in Colombia's Antioquia department, the region historically responsible for over half of Colombia's gold production. The company's flagship Tahami Project directly borders Aris Mining's Segovia operations, which have produced gold for over 150 years, anchoring a 'next-door' exploration strategy targeting both high-grade gold-silver vein systems (confirmed at Tahami South with intercepts up to 2.57 g/t Au and 528 g/t Ag) and a newly identified 2.4 × 1.3 km Cu-Mo-Au porphyry corridor at Tahami Center. The technical methodology combines high-resolution Lidar surveys, drone-based and ground geophysics (IP, resistivity, magnetics, radiometrics), systematic geochemistry, channel sampling, and diamond drilling, executed under a five-year, 100,000-meter contract with Independence Drilling S.A., Colombia's largest drilling contractor.

Quimbaya is pre-revenue and does not generate commercial income; the company finances exploration exclusively through equity capital markets, having completed seven disclosed financings between August 2023 and November 2025 totaling over C$20 million, culminating in a C$14.4 million Stifel Canada underwritten bought deal in November 2025. A treasury of approximately C$12 million is reported to fully fund the planned 15,000 meters of 2026 drilling. The customer base, in the conventional sense, does not exist; instead, the company's 'customers' are institutional and retail capital providers purchasing equity. Distribution is conducted through public exchange listings (CSE, OTCQB, FSE), mining conferences (PDAC, Vancouver Resource Investor Conference, Swiss Mining Institute), the 'Striking Gold' video series, third-party financial media, and a market awareness engagement with Red Cloud Financial Services.

The company employs 11-50 staff with an exploration team of over 20 professionals as of August 2024, and is led by President & CEO Alexandre P. Boivin, Executive Chairman Juan Pablo Bayona (former head of Barings for Colombia and Peru), CFO Olivier Berthiaume, VP Exploration Ricardo Sierra (the company's NI 43-101 Qualified Person), and VP Business Development Sebastian Wahl. Technical governance was materially strengthened in 2026 with the appointment of Dr. Mark Cruise (30 years of international exploration experience and US$1B+ raised across his career) to the Board and Technical Committee, and Senior Technical Advisor Jean Depatie (45 years of mining industry experience).

Name

Quimbaya Gold

Legal name

Quimbaya Gold Inc.

Website

https://quimbayagold.com

Company type

Public

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Quimbaya Gold Inc. is a Canadian-listed junior mineral exploration company operating a 66,693-hectare district-scale land package across three gold and copper projects in Colombia's Antioquia department. The company is pre-revenue, funds exploration entirely through equity financings, and targets high-grade vein and porphyry systems adjacent to Aris Mining's producing Segovia operations.

Ownership category

akta.pro rank

Product category

Gold and Copper Mineral Exploration

NAICS

Gold Ore and Silver Ore Mining (21222), Copper, Nickel, Lead, and Zinc Mining (212230)

SIC

Gold And Silver Ores (1040), Miscellaneous Metal Ores (1090)

akta.pro primary industry

Precious Metals Exploration & Project Development (IMAKAEAI)

akta.pro secondary industries

Copper Exploration & Resource Development (IMAKADAA), Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

Keywords

• Gold exploration
• Mineral exploration
• Copper porphyry exploration
• Mining exploration projects
• Diamond drilling services

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Pre-Revenue Exploration Stage: The company is a pre-revenue gold exploration company focused on discovering mineral deposits in Colombia. No commercial production or revenue generation has occurred. Operations are funded through equity financings, private placements, and strategic partnerships.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels7 records

Core offering

Quimbaya Gold is a pre-revenue gold and copper exploration company that acquires, explores, and advances mineral properties in Colombia's Antioquia department. The company conducts diamond drilling, geophysical surveys, and geochemical sampling across its 66,693-hectare portfolio of three projects (Tahami, Maitamac, and Berrio) to discover and delineate gold, silver, copper, and molybdenum deposits. Exploration activities are executed through a 5-year partnership with Independence Drilling S.A. covering up to 100,000 meters of drilling.

Product overview

Quimbaya Gold is a Canadian-based gold exploration company operating a portfolio of three mining exploration projects in Colombia's Antioquia department: the flagship Tahami Project (24,724 hectares), the Maitamac Project (33,223 hectares), and the Berrio Project (8,746 hectares). The company conducts exploration activities including drilling, geophysical surveys, and geological mapping to identify gold, silver, copper, and molybdenum mineralization across its district-scale land package totaling over 66,000 hectares.

Differentiator

Problem solved

Functional benefit

Products and services

• Tahami Project Quimbaya Gold's flagship 24,724-hectare gold exploration project located in the Segovia Gold District of Antioquia, Colombia, immediately adjacent to Aris Mining's producing Segovia operations. Includes two priority target areas: Tahami South (gold-silver vein systems with intercepts up to 2.57 g/t Au and 528 g/t Ag) and Tahami Center (a confirmed 2.4 × 1.3 km Cu-Mo-Au porphyry corridor). The project is surrounded by established operations of major mining companies including Aris Mining, Soma Gold, Mineros, and Sun Valley.
• Maitamac Project A 33,223-hectare gold exploration project strategically positioned in the Central Cordillera region of Colombia, located 80 km south of Medellín and accessible by paved road. Identified as a promising new gold metallogenic district with potential for district-scale gold discovery.
• Berrio Project An 8,746-hectare gold exploration project strategically positioned in the Low Magdalena Region of Antioquia, Colombia, in an area with over half a century of medium-scale mining activity.

Quantifiable outcome

• Drilling intercepts up to 2.57 g/t Au and 528 g/t Ag at Tahami South confirming high-grade vein systems
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered supporting, core and minor.

• Red Cloud Financial Services Inc.supportingGTM or Marketing Partner · 18 February 2026Engaged for market awareness services at a monthly cost of $10,000 to enhance investor visibility and communication.
• Independence Drilling S.A.coreStrategic or Co-development Partner · 1 August 20245-year drilling contract with Colombia's largest drilling company (47 rigs) for 100,000 meters of drilling across Quimbaya's properties. For the first time in Independence's 40+ year history, they accepted partial payment in Quimbaya Gold shares, aligning interests and demonstrating confidence in the company's exploration potential. Minimum 1,500 meters per campaign with first drilling expected Q3 2024.
• Aris Mining CorporationminorOthers · 28 May 2024Adjacent neighbor and reference company. Quimbaya's Tahami Project borders Aris Mining's Segovia operations immediately to the northeast. Aris produces over 200,000 oz gold annually from M&I resources of 3,629M oz @ 14.34g/t Au and Inferred 1,823M oz @ 12.11g/t Au. Quimbaya's exploration strategy follows 'next door' approach positioning exploration targets adjacent to proven mineralization.
• Remandes Corporation S.A.coreStrategic or Co-development Partner · 27 December 2023Acquisition of Tahami and Maitamac projects through share purchase agreements. Quimbaya acquired 100% of Explogold Ingenieria y Consultonia S.A.S., Minera Buey Aures S.A.S., and Soluciones Ambientales Del Nordeste S.A.S. (wholly owned by Remandes) for US$100,000 deposit plus 10,000,000 Quimbaya shares. Tahami Project located 158km northeast of Medellín in Segovia-Remedios mining district. Maitamac Project located 45km southwest of Medellín in Abejorral/Sonson area.
• Denarius Metals Corp.minorStrategic or Co-development Partner · 1 August 2023JV partnership formed May 2025 to formalize artisanal mining at Tahami Project in Colombia. LOI with Denarius was terminated in August 2025 according to subsequent company announcements.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Mineros S.A. Established Colombian gold producer with operations across Antioquia including near Segovia. Comparable gold mining exposure in Quimbaya's core operating geography.
• Denarius Metals Corp. Colombia-focused gold/silver explorer-developer that held a terminated JV LOI with Quimbaya at Tahami. Operates in Segovia district with similar geological targets and a comparable junior exploration profile.
• Aris Mining Corporation: Mid-cap gold producer operating the adjacent Segovia operations in Antioquia, Colombia. Producing >200,000 oz/year and serving as Quimbaya's direct neighbor and reference benchmark — they validate the mineral system Quimbaya is exploring for.
• Soma Gold Corp. Operates gold mining in Antioquia department, Colombia, including mines near Segovia. Direct regional peer exploring and producing in the same mining district as Quimbaya's Tahami Project.

Regional players

• Sun Valley Gold LLC (operator): Listed as one of the established operators neighboring Quimbaya's Tahami Project in Antioquia. Comparable Colombian gold exposure as a regional incumbent miner.

Emerging players

• Orosur Mining Inc. Junior gold explorer with assets in Colombia and other LatAm countries. Comparable size, listing (TSX/AIM), and exploration-stage business model targeting Andean gold systems.
• Lumina Gold Corp. LatAm-focused gold-copper explorer-developer with a large-scale flagship project. Comparable exploration-to-development trajectory and capital markets profile as a CSE/TSX-listed junior.
• GoldMining Inc. LatAm-focused gold exploration company with multiple project portfolio similar to Quimbaya. Operates a discovery-stage model targeting tier-one jurisdictions across the Americas.
• Cordoba Minerals Corp. Colombia-focused copper-gold exploration company with the San Matias project. Similar junior profile to Quimbaya but targeting copper-gold porphyry systems in a different Colombian department.

Broad incumbents

• Gran Colombia Gold (now Aris Mining legacy): Predecessor to Aris Mining that built the Segovia mining complex over decades. Sets the historical benchmark for district-scale gold production from the same geology Quimbaya is targeting.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xapi.newsfilecorp.com/redirect/kXoJafVm3a
• YouTubeyoutube.com/@quimbayagoldinc
• Facebookfacebook.com/quimbayagoldinc
• LinkedInlinkedin.com/company/quimbaya-gold
• Instagraminstagram.com/quimbayagoldinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds4 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Quimbaya Gold