Quimbaya Gold (CSE: QIM | FSE K05 | WKN: A3DT3C) is pleased to present the very latest results from its diamond drilling in the Tahami South target area in Colombia – and they are impressive. The company can boast up to 9.8 g/t gold equivalent!
The area investigated in this first drilling phase is located within Quimbaya’s 100% owned Tahami project in the Segovia-Remedios gold district (Antioquia, Colombia). The company was able to demonstrate high-grade silver and gold mineralization in two distinct vein systems – an important signal that the targeted structures do not only occur in isolated spots, but can be traced over larger distances!
The current report focuses on several narrow but high-grade sections. Quimbaya Gold reports, among other things, 1.0 meter with 9.8 g/t gold equivalent (AuEq), composed of 0.77 g/t gold and 528 g/t (!) silver. Another section yields 0.9 meters with 9.0 g/t AuEq at 2.57 g/t gold and 378.1 g/t silver. The company classifies these results as hits in two vein strands that differ both in their orientation and in their metal association.
Quimbaya Gold: First assays from the Phase 1 drilling campaign at Tahami South
The available data comes from the Phase 1 campaign at the Tahami South target. Quimbaya Gold reports that it has drilled 5,320 meters in 12 diamond drill holes from seven drill platforms – the company’s first drill campaign not only in this part of the project. Laboratory results are already available for eight drill holes with a total of 4,033 meters; the results of further drillings are still pending.
Strikingly, mineralized vein sections were identified not only at one point, but on five of seven platforms. In practice, this suggests that the structural pathways that the company is pursuing in the Tahami South area are distributed over the tested area. Quimbaya Gold describes the investigated structures as part of a larger corridor that extends over a north-south extension of around 2.2 kilometers.
Two vein systems, two signatures: Silver dominance meets polymetallic accompaniment
Geologically, Quimbaya separates the new hits into two vein systems. The company describes vein S as silver-dominant and emphasizes that the section with 528 g/t silver in drill hole TSDH_007 represents the highest reported silver mineralization within the Tahami project to date. Typical accompanying minerals mentioned are quartz-carbonate veins and sulfides such as galena – an indication that silver is not just a “by-product” here, but can form an independent focus of the metal content.
Vein V, on the other hand, is described as a system with gold-silver-lead-zinc association. In the reported intervals, Quimbaya Gold points to anomalously high base metal contents (including zinc), as can be typical for epithermal vein systems of medium sulfidation in the region. The company also emphasizes that silver in the Segovia district is often interpreted as a pathfinder element for gold mineralization. The idea behind this: silver and base metal “halos” can mark zones in whose vicinity more gold-rich sections are concentrated. For Quimbaya Gold, this means above all one thing: the drillings should not only document individual grade peaks, but understand the geometry of the structures in such a way that higher-grade “shoots” can be specifically pursued further.
Continuity as a key: What the results mean for the Tahami project
In addition to the absolute grades, Quimbaya Gold particularly emphasizes the continuity of the structures. The company states that the mineralization has been visually traced along the strike over up to 1.6 kilometers. In addition, sections are mentioned that – depending on the vein system – have been confirmed over larger distances in different drill holes (vein V is said to be around 0.8 kilometers). Such distances are important in early programs because they support the interpretation that these are not isolated lenses, but a coherent, structurally controlled system.
At the same time, Quimbaya Gold makes it clear that the assays available so far show a pattern that is frequently observed in the district: high-grade sections within a broader mineralized corridor. Accordingly, some drillings hit the peripheral areas, others the higher-grade zones. For the further exploration of Tahami South, this means that with further data, the question can be answered more precisely as to where the “core areas” lie within the structure and which vein orientations have priority for follow-up drillings.
In the short term, the focus is on the outstanding laboratory results: Assays for several drill holes from Phase 1 have not yet been published. In parallel, management is signaling that the knowledge gained should help to systematically move into larger target areas of the Segovia-Remedios district. For Quimbaya Gold, Tahami South is therefore primarily a first building block: it provides clues to the geometry, metal content and spatial extent of the mineralization – and thus the basis for technically sound planning of the next steps in the Tahami project.
