14:32 ET Quimbaya Gold Confirms Presence of a Copper-Molybdenum Porphyry System at Tahami Center Quimbaya Gold Inc. (CSE: QIM) (OTCQX: QIMGF) (FSE: K05) ("Quimbaya" or the "Company") reports geological results from its initial drill program at...
Original announcement by cnw on
- Company
- Quimbaya Gold Inc.
- Ticker
- QIM
- Exchange
- Unavailable
- Region
- Antioquia, Colombia
- Primary commodity
- Copper
- Secondary commodities
- Molybdenum
- Document categories
- Drill results
- Extracted
- 2026-09-08 19:32:57 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Quimbaya Gold has completed an initial six-hole drill program at the Tahami Center, confirming the presence of a copper-molybdenum porphyry system. While all holes intersected the target system and identified key alteration zones, assays are still pending and no grades have been reported.
Reasoning: The program successfully confirmed the presence of the porphyry system as modelled, providing important geological and alteration context, though economic potential remains unquantified pending assays.
Positive factors
- All six holes intersected the predicted porphyry system
- Identification of potassic alteration and intramineral porphyry
- High veinlet density (50-60 per meter) observed visually
Negative factors
- No assay results available yet
- Mineralization visually estimated as marginal in some holes
- All mineral identifications are visual and not assay-confirmed
Facts used in scoring: 2
Classification and evidence
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: The release mentions the use of certified reference materials, blanks, and field duplicates, and names an ISO 17025 accredited lab.
Evidence · text
“Quimbaya has implemented a quality assurance and quality control program that includes the regular insertion of certified reference materials, blanks and field duplicates”
No QA/QC Disclosurenegative
Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.
Why it applies: While QA/QC procedures are mentioned, actual assay results are pending, meaning no analytical data can be verified.
Evidence · text
“No analytical results have been received and none are reported in this news release.”
Mill Routeneutral
Processing via mill or concentrator (CIL, CIP, tank leach, flotation).
Why it applies: the document describes a mill_cil route ("CIL")
Extracted facts
Stored fact records: 2. Some facts used in scoring do not have a stored record.
Drill Results (2)
TCDH-006Tahami Center · copperIntercept: 562.85 mView all detailsHide details
Identity
- Hole ID
- TCDH-006
- Project
- Tahami Center
- Commodity
- copper
- Region
- colombia
- Reported Region
- colombia
- Ticker
- QIM
Geometry
- Intercept
- 562.85 m
- From
- 96 m
- To
- 658.85 m
- Hole Depth
- 658.85 m
- Intercept Depth
- 96 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- TCDH-006:96-658.85
- Mining Method
- open_pit
Location
- Location
- Tahami Center
- Azimuth
- 245 °
- Dip
- -55 °
- Loc. Source
- document
QA/QC
- Laboratory
- SGS
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: Large alteration interval confirms the porphyry system, but grade is unknown.
Positive factors
- Large downhole interval of potassic alteration
Negative factors
- No assay results reported
- Visual identification only
Evidence · text
“Potassic alteration is present from approximately 96 meters to the end of the hole, a downhole interval of approximately 563 meters.”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Its flagship Tahami Project, located in Segovia, is immediately adjacent to a prolific high-grade gold mining camp, whil"
TCDH-006Tahami Center · molybdenumIntercept: 562.85 mView all detailsHide details
Identity
- Hole ID
- TCDH-006
- Project
- Tahami Center
- Commodity
- molybdenum
- Region
- colombia
- Reported Region
- colombia
- Ticker
- QIM
Geometry
- Intercept
- 562.85 m
- From
- 96 m
- To
- 658.85 m
- Hole Depth
- 658.85 m
- Intercept Depth
- 96 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- TCDH-006:96-658.85
- Mining Method
- open_pit
Location
- Location
- Tahami Center
- Azimuth
- 245 °
- Dip
- -55 °
- Loc. Source
- document
QA/QC
- Laboratory
- SGS
- QA/QC Disclosed
- Yes
- Lab Certified
- Yes
- QP Signed
- Yes
- QA/QC Methods
- standards, blanks, duplicates
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-09-08T00:00:00.000Z
Reasoning: Molybdenum presence is visually noted in veinlets but not assay-confirmed.
Positive factors
- Visual presence of molybdenite in veinlets
Negative factors
- No assay results reported
- Visual identification only
Evidence · text
“Sulfides within these veinlets comprise chalcopyrite, molybdenite and pyrite, estimated visually and not quantified.”
Tags used in scoring
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: qaqc_disclosed is true
Cut-off Undisclosednegative
High-grade interval reported without stating the cut-off grade used for compositing.
Why it applies: no cutoff_grade was stated
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: proximity is offered as the value premise: "Its flagship Tahami Project, located in Segovia, is immediately adjacent to a prolific high-grade gold mining camp, whil"
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.