Quimbaya Gold Mobilizes Additional Drill Rig and Commences Phase 2 Drilling at Tahami South

Original announcement by jmn on

Company
Quimbaya Gold Inc.
Ticker
QIM
Exchange
CSE
Region
Colombia
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results
Extracted
2026-10-07 20:21:02 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Quimbaya Gold has mobilized an additional drill rig and commenced Phase 2 drilling at its Tahami South gold and silver project in Colombia, targeting the S and V vein systems. The company reported 13 intercepts above a 0.3 g/t gold equivalent cut-off, with nine disclosed for the first time. While some historical intercepts showed high grades, many of the newly disclosed results are lower grade, and true widths are not yet known.

Reasoning: Quimbaya Gold is progressing its exploration program with the commencement of Phase 2 drilling and the reporting of new Phase 1 results. While historical intercepts show high grades, the majority of new results are low grade, and the lack of true width information and reliance on assumed recoveries for AuEq calculations temper the overall positive sentiment.

Positive factors

  • Mobilization of additional drill rig and commencement of Phase 2 drilling
  • High-grade historical gold and silver intercepts
  • Geophysics confirmed vein continuity and aided targeting
  • QA/QC procedures disclosed and QP reviewed

Negative factors

  • Many newly disclosed intercepts are low grade
  • True widths of mineralization are not known
  • Gold equivalent values based on assumed metallurgical recoveries with no testwork
  • Some results are historical re-releases

Facts used in scoring: 12

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 states that 'Quality control procedures require the insertion of 8 blanks, 6 duplicates and 3 certified reference materials in every 100 samples submitted, and the Qualified Person has reviewed the Phase 1 results and considers them within acceptable limits'.

Evidence · text

“Quality control procedures require the insertion of 8 blanks, 6 duplicates and 3 certified reference materials in every 100 samples submitted, and the Qualified Person has reviewed the Phase 1 results and considers them within acceptable limits for the purposes of this news release.”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: The document explicitly states that 'Reported lengths are downhole core lengths; true widths are not known'.

Evidence · text

“Reported lengths are downhole core lengths; true widths are not known.”

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The release includes several intercepts that were 'previously disclosed in the Company's news release dated January 14, 2026', indicating a re-release of historical data.

Evidence · text

“Four intercepts, in TSDH_003 (362.9 meters), TSDH_004 (157.1 meters), TSDH_007 (462.5 meters) and TSDH_008 (224.65 meters), were previously disclosed in the Company's news release dated January 14, 2026.”

Infill Drillingneutral

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: Phase 2 drilling, which is commencing, is described as 'a focused program aimed at continuity and geometry', which aligns with infill drilling objectives.

Evidence · text

“Phase 2 is a focused program aimed at continuity and geometry, and it is the next step in evaluating the broader potential of Tahami South.”

Extracted facts

Stored fact records: 12. Some facts used in scoring do not have a stored record.

Drill Results (12)

TSDH_001Tahami South · goldGrade: 0.01Grade Unit: g/tIntercept: 1.95 mView all details
Link to this fact

Identity

Hole ID
TSDH_001
Project
Tahami South
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
QIM

Geometry

Grade
0.01
Grade Unit
g/t
Intercept
1.95 m
From
5.05 m
To
7 m
Intercept Depth
5.05 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TSDH_001:5.05-7

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.32
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t AuEq
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The reported gold grade is very low and the intercept is narrow, making it of limited economic significance, despite being a new result.

Negative factors

  • Low gold grade (0.01 g/t Au) is well below typical economic thresholds for epithermal deposits
  • Narrow intercept length (1.95 m)
  • True width not known, potentially overstating thickness

Evidence · table

“0.01”

Context: 1.95

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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"

TSDH_002Tahami South · goldGrade: 0.03Grade Unit: g/tIntercept: 0.6 mView all details
Link to this fact

Identity

Hole ID
TSDH_002
Project
Tahami South
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
QIM

Geometry

Grade
0.03
Grade Unit
g/t
Intercept
0.6 m
From
459.25 m
To
459.85 m
Intercept Depth
459.25 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TSDH_002:459.25-459.85

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.37
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t AuEq
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The reported gold grade is very low and the intercept is extremely narrow, indicating minimal economic potential.

Negative factors

  • Very low gold grade (0.03 g/t Au) is well below typical economic thresholds for epithermal deposits
  • Very narrow intercept length (0.60 m)
  • True width not known, potentially overstating thickness

Evidence · table

“0.03”

Context: 0.60

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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"

TSDH_003Tahami South · goldGrade: 0.23Grade Unit: g/tIntercept: 1.25 mView all details
Link to this fact

Identity

Hole ID
TSDH_003
Project
Tahami South
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
QIM

Geometry

Grade
0.23
Grade Unit
g/t
Intercept
1.25 m
From
173.75 m
To
175 m
Hole Depth
362.9 m
Intercept Depth
173.75 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TSDH_003:173.75-175

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.33
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t AuEq
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The reported gold grade is very low and the intercept is narrow, indicating minimal economic potential.

Negative factors

  • Very low gold grade (0.23 g/t Au) is below typical economic thresholds for epithermal deposits
  • Narrow intercept length (1.25 m)
  • True width not known, potentially overstating thickness

Evidence · table

“0.23”

Context: 1.25

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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"

TSDH_003Tahami South · goldGrade: 2.57Grade Unit: g/tIntercept: 0.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
TSDH_003
Project
Tahami South
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
QIM

Geometry

Grade
2.57
Grade Unit
g/t
Intercept
0.9 m
From
362.9 m
To
363.8 m
Hole Depth
362.9 m
Intercept Depth
362.9 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TSDH_003:362.9-363.8

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
8.03
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t AuEq
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-14T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical intercept shows very high gold and silver grades, resulting in an exceptional gold equivalent, indicating significant mineralization potential despite its narrow width and prior disclosure.

Positive factors

  • Strong gold grade (2.57 g/t Au) for an epithermal deposit
  • Exceptional gold equivalent grade (8.03 g/t AuEq) driven by high silver content

Negative factors

  • Very narrow intercept length (0.90 m)
  • Result is historical, reducing novelty
  • True width not known, potentially overstating thickness

Evidence · table

“2.57”

Context: 0.90

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

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"

TSDH_004Tahami South · goldGrade: 0.36Grade Unit: g/tIntercept: 4.8 mView all details
Link to this fact

Identity

Hole ID
TSDH_004
Project
Tahami South
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
QIM

Geometry

Grade
0.36
Grade Unit
g/t
Intercept
4.8 m
From
2 m
To
6.8 m
Hole Depth
157.1 m
Intercept Depth
2 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TSDH_004:2-6.8

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.38
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t AuEq
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The reported gold grade is weak and the intercept is narrow, offering limited economic upside despite being a new result.

Negative factors

  • Weak gold grade (0.36 g/t Au) is at the lower end of economic viability for epithermal deposits
  • Narrow intercept length (4.80 m)
  • True width not known, potentially overstating thickness

Evidence · table

“0.36”

Context: 4.80

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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"

TSDH_004Tahami South · goldGrade: 1.03Grade Unit: g/tIntercept: 0.9 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
TSDH_004
Project
Tahami South
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
QIM

Geometry

Grade
1.03
Grade Unit
g/t
Intercept
0.9 m
From
157.1 m
To
158 m
Hole Depth
157.1 m
Intercept Depth
157.1 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TSDH_004:157.1-158

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
2.67
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t AuEq
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-14T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical intercept shows good gold and silver grades, resulting in a strong gold equivalent, indicating mineralization potential despite its narrow width and prior disclosure.

Positive factors

  • Moderate gold grade (1.03 g/t Au) for an epithermal deposit
  • Strong gold equivalent grade (2.67 g/t AuEq) driven by significant silver content

Negative factors

  • Very narrow intercept length (0.90 m)
  • Result is historical, reducing novelty
  • True width not known, potentially overstating thickness

Evidence · table

“1.03”

Context: 0.90

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

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"

TSDH_004Tahami South · goldGrade: 0.63Grade Unit: g/tIntercept: 1 mView all details
Link to this fact

Identity

Hole ID
TSDH_004
Project
Tahami South
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
QIM

Geometry

Grade
0.63
Grade Unit
g/t
Intercept
1 m
From
528.4 m
To
529.4 m
Hole Depth
157.1 m
Intercept Depth
528.4 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TSDH_004:528.4-529.4

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.65
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t AuEq
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The reported gold grade is weak and the intercept is very narrow, offering limited economic upside despite being a new result.

Negative factors

  • Weak gold grade (0.63 g/t Au) is at the lower end of economic viability for epithermal deposits
  • Very narrow intercept length (1.00 m)
  • True width not known, potentially overstating thickness

Evidence · table

“0.63”

Context: 1.00

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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"

TSDH_005Tahami South · goldGrade: 0.27Grade Unit: g/tIntercept: 0.5 mView all details
Link to this fact

Identity

Hole ID
TSDH_005
Project
Tahami South
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
QIM

Geometry

Grade
0.27
Grade Unit
g/t
Intercept
0.5 m
From
229.85 m
To
230.35 m
Intercept Depth
229.85 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TSDH_005:229.85-230.35

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t AuEq
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The reported gold grade is very low and the intercept is extremely narrow, indicating minimal economic potential.

Negative factors

  • Very low gold grade (0.27 g/t Au) is below typical economic thresholds for epithermal deposits
  • Extremely narrow intercept length (0.50 m)
  • True width not known, potentially overstating thickness

Evidence · table

“0.27”

Context: 0.50

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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"

TSDH_006Tahami South · goldGrade: 0.31Grade Unit: g/tIntercept: 1.75 mView all details
Link to this fact

Identity

Hole ID
TSDH_006
Project
Tahami South
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
QIM

Geometry

Grade
0.31
Grade Unit
g/t
Intercept
1.75 m
From
99.5 m
To
101.25 m
Intercept Depth
99.5 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TSDH_006:99.5-101.25

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.31
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t AuEq
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The reported gold grade is weak and the intercept is narrow, offering limited economic upside despite being a new result.

Negative factors

  • Weak gold grade (0.31 g/t Au) is at the lower end of economic viability for epithermal deposits
  • Narrow intercept length (1.75 m)
  • True width not known, potentially overstating thickness

Evidence · table

“0.31”

Context: 1.75

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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"

TSDH_007Tahami South · goldGrade: 0.77Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
TSDH_007
Project
Tahami South
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
QIM

Geometry

Grade
0.77
Grade Unit
g/t
Intercept
1 m
From
462.65 m
To
463.65 m
Hole Depth
462.5 m
Intercept Depth
462.65 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TSDH_007:462.65-463.65

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
8.4
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t AuEq
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-14T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical intercept shows an exceptional gold equivalent grade due to very high silver, indicating significant mineralization potential despite its narrow width and prior disclosure.

Positive factors

  • Exceptional gold equivalent grade (8.40 g/t AuEq) driven by very high silver content

Negative factors

  • Weak gold grade (0.77 g/t Au) for an epithermal deposit
  • Very narrow intercept length (1.00 m)
  • Result is historical, reducing novelty
  • True width not known, potentially overstating thickness

Evidence · table

“0.77”

Context: 1.00

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

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"

TSDH_008Tahami South · goldGrade: 0.87Grade Unit: g/tIntercept: 1.05 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
TSDH_008
Project
Tahami South
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
QIM

Geometry

Grade
0.87
Grade Unit
g/t
Intercept
1.05 m
From
224.65 m
To
225.7 m
Hole Depth
224.65 m
Intercept Depth
224.65 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TSDH_008:224.65-225.7

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.87
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t AuEq
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-14T00:00:00.000Z

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: This historical intercept shows weak gold grades over a very narrow width, indicating limited economic potential.

Negative factors

  • Weak gold grade (0.87 g/t Au) for an epithermal deposit
  • Very narrow intercept length (1.05 m)
  • Result is historical, reducing novelty
  • True width not known, potentially overstating thickness

Evidence · table

“0.87”

Context: 1.05

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

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"

TSDH_008Tahami South · goldGrade: 0.53Grade Unit: g/tIntercept: 0.65 mView all details
Link to this fact

Identity

Hole ID
TSDH_008
Project
Tahami South
Commodity
gold
Region
colombia
Reported Region
colombia
Ticker
QIM

Geometry

Grade
0.53
Grade Unit
g/t
Intercept
0.65 m
From
402.35 m
To
403 m
Hole Depth
224.65 m
Intercept Depth
402.35 m

Classification

Deposit Type
epithermal
Program
exploration
Sample Type
drill
Group ID
TSDH_008:402.35-403

QA/QC

Laboratory
SGS
QA/QC Disclosed
Yes
Lab Certified
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Metal Equivalent

Metal Eq. Grade
0.6
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Compositing

Cutoff Grade
0.3
Cutoff Unit
g/t AuEq
Dilution Disclosed
Yes
Max Dilution
2 m

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2026-10-07T00:00:00.000Z

Reasoning: The reported gold grade is weak and the intercept is very narrow, offering limited economic upside despite being a new result.

Negative factors

  • Weak gold grade (0.53 g/t Au) for an epithermal deposit
  • Very narrow intercept length (0.65 m)
  • True width not known, potentially overstating thickness

Evidence · table

“0.53”

Context: 0.65

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

Compositing Transparentpositive

Cut-off grade and internal dilution rules are clearly stated for reported intervals.

Why it applies: cutoff_grade and internal dilution are both 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.