From Bear Market Land Grab to Bull Market Discovery Quimbaya’s Timing Couldn’t Be Better (CSE: QIM) (OTC: QIMGF)
Disseminated on behalf of
Quimbaya Gold Corp
FROM BEAR MARKET LAND GRAB TO BULL MARKET DISCOVERY
QUIMBAYA GOLD CORP
CSE: QIM | OTC: QIMGF | FRA: KO5
This communication is not an offer to buy or sell securities nor is it to be construed as personal investment advice. Nothing contained in this communication should be relied upon as a promise or representation as to future performance.
FORWARD: GOLD’S SECULAR BULL RUN MEETS QUIMBAYA’S BREAKOUT MOMENT
Gold has reasserted its dominance as the ultimate safe-haven and monetary hedge, posting a 41% YTD surge and touching an all-time high above US$3,700/oz.
The drivers are clear.
Relentless central bank accumulation, persistent inflationary pressures, and rising geopolitical risk premiums as global conflicts and de-dollarization reshape capital flows.
The result is a gold market that is not just cyclical – it is structurally repricing higher, with JP Morgan analysts projecting >US$4,000/oz IN Q2 20261.
This is happening as major producers face a severe reserve crisis. Global discoveries have totaled just 3 Moz in recent years – forcing them to look to the junior sector for growth.
Colombia’s Antioquia district, producing 50% of the nation’s gold, is emerging as one of the most attractive hunting grounds thanks to its rapid permitting timelines (10 months for large projects), new mining approvals, and a pro-mining stance that has attracted majors like AngloGold, Agnico Eagle, B2Gold, and Aris Mining.
Against this backdrop, Quimbaya Gold Corp (CSE: QIM | OTC: QIMGF | FRA: KO5) offers investors a unique combination of high-grade exploration potential and leverage to rising gold prices.
Focused on Colombia’s prolific Middle Cauca Belt – a district known for hosting several multi-million-ounce deposits – Quimbaya is systematically exploring a portfolio of projects with district-scale potential.
This is not a conceptual land bank; it is a portfolio with active artisanal mining, confirmed mineralization, and a clear path to discovery.
WHY QUIMBAYA NOW
Quimbaya Gold Corp (CSE: QIM | OTC: QIMGF | FRA: KO5) stands at the intersection of this macro tailwind and district-scale opportunity. With 59,057 hectares of consolidated land – much of it hosting active artisanal mining – Quimbaya offers de-risked exploration and an entry point into one of the most competitive gold camps on the planet.
- Flagship Tahami Project: Adjacent to Aris Mining’s Segovia complex (16.1 g/t Au), now drilling its first 4,000m program targeting undrilled vein extensions.
- Elite Management: Built by the team behind billion-dollar Colombian successes (Gran Colombia/Continental), with CEO Alexandre Boivin holding 24% insider ownership — rare conviction in the junior space.
- Tight Structure & Funded Growth: ~18M float, clean cap table, and recent financings ensuring 2025 exploration is fully funded.
- M&A Torque: Strategic adjacencies to producers seeking reserve life extensions, setting up Quimbaya as a natural consolidation candidate.
THE SETUP FOR RE-RATING
Quimbaya’s C$42.55M market cap (~C$0.73/ha) remains deeply discounted to peers like Aris (C$2.68B) and Collective (C$1.5B+), despite comparable geology and proximity. With drilling underway, assays due in Q4 2025, and a pipeline of additional targets in Maitamac and Berrio, the company is positioned for a potential multi-bagger rerate along the Lassonde Curve as it delivers discovery results.
SPARTAN’S TECHNICAL CHART ANALYSIS:
- CSE: QIM
- Long Idea: $0.75 – $0.85
- Stop Loss: $0.45
- Resistance 1: $1.05
- Resistance 2: $1.18
- Resistance 3: $1.42
- OTC: QIMGF
- Long Idea: $0.58 – $0.63
- Stop Loss: $0.30
- Resistance 1: $0.79
- Resistance 2: $0.94
- Resistance 3: $1.16
MACRO TAILWINDS: GOLD’S HISTORIC BULL MARKET
Gold’s resurgence is not a temporary spike but a structural re-rating driven by multiple global forces:
- Central Bank Demand: Over 1,000 tonnes of gold purchased globally in 2024, the second-highest on record.
- Inflation & Rate Cuts: Persistent inflation and central bank pivots are driving real yields lower, historically bullish for gold.
- Geopolitical Risk: Conflict premiums and de-dollarization efforts continue to create sustained demand for hard assets.
- Supply Crunch: Majors have replaced only a fraction of mined ounces in the past decade, forcing them to look to the junior sector for growth.
With these forces in play, gold’s strength provides a powerful tailwind for juniors with quality assets — precisely where Quimbaya is positioned.
MANAGEMENT & LEADERSHIP’S BILLION DOLLAR TRACK RECORD
Quimbaya Gold Corp (CSE: QIM | OTC: QIMGF | FRA: KO5) leadership draws from the architects of Colombia’s largest gold deals, providing a competitive edge in execution and deal-making. This team’s history with multi-billion-dollar companies like Aris Mining (formerly Gran Colombia Gold) and Continental Gold signals their belief in Quimbaya’s potential to replicate those outcomes.
- Alexandre P. Boivin (CEO & Director): Boivin’s 10+ years in Colombia include pioneering investments in the California-Vetas district, leading to a ~$2 billion buyout. After exiting in 2012, he endured the bear market to identify and consolidate Quimbaya’s assets, growing from 1,000 to 59,057 hectares.
- Sebastian Wahl (VP Business Development & Director): Wahl’s 15+ years in metals trading and capital markets; co-founded Silver X Mining, growing it from exploration to silver production in Peru. Wahl is an integral part of the Quimbaya team, driving strategic partnership.
- Ricardo Sierra (VP Exploration): With 18+ years in South America, Sierra’s tenure at Anglo American/AngloGold Ashanti and Continental Gold included the Apollo deposit discovery, culminating in a $1.6 billion sale. His involvement in billion-dollar projects mirrors Quimbaya’s setup, where he leads data-driven targeting.
- Dr. Stewart Redwood (Senior Technical Advisor): Redwood’s 40+ years include 14 years advising Gran Colombia Gold during its evolution into Aris Mining (C$2.68B market cap). His expertise in Antioquia’s geology is pivotal for Tahami, adjacent to Aris’s Segovia.
- Alexandre P. Boivin (CEO & Director): Boivin’s 10+ years in Colombia include pioneering investments in the California-Vetas district, leading to a ~$2 billion buyout. After exiting in 2012, he endured the bear market to identify and consolidate Quimbaya’s assets, growing from 1,000 to 59,057 hectares.
Additional Expertise: Advisors Nicolas Lopez (discoverer of Colombia’s first Cu-Au porphyry) and Terence Ortslan (40+ years in mining advisory) complement a blend of veterans and “new blood” for innovation.
Collectively, this team has discovered, de-risked, and exited some of Colombia’s most significant gold projects, giving Quimbaya a credibility premium that few juniors possess.
IRREPLICABLE LAND POSITION & GEOLOGICAL POTENTIAL: A DECADE OF RELATIONSHIP BUILDING IN A COMPETITIVE LANDSCAPE
Quimbaya’s land package is not just large – it is rich with evidence of mineralization and existing artisanal mining – forged over 10+ years of trust-building in Colombia’s relationship-driven environment.
In regions where locals distrust outsiders, Boivin’s “massaging” of connections enabled acquisitions during the bear market, when majors exited. Today, with competition from AngloGold and others inflating costs, this moat is non-repeatable.
- Tahami (17,087 ha): Tahami, Quimbaya’s flagship, lies on the structural extension of Aris Mining’s Segovia vein system (16.1 g/t Au, expanding to 300,000 oz/year by 2026 with a $18M exploration budget). Over 150 artisanal miners are currently producing from the property, with 25 historical mines and surface samples up to 11.21 g/t Gold and 23.3g/t Silver, with multiple samples exceeding 1 g/t Au confirming potential.
- Maitamac (33,223 ha): Surface sampling up to 2 g/t Au, strategically located in the Middle Cauca Belt responsible for more than 50 Moz of discoveries.
- Berrio (8,746 ha): High-grade shear zone veins with demonstrated production potential.
- Tahami (17,087 ha): Tahami, Quimbaya’s flagship, lies on the structural extension of Aris Mining’s Segovia vein system (16.1 g/t Au, expanding to 300,000 oz/year by 2026 with a $18M exploration budget). Over 150 artisanal miners are currently producing from the property, with 25 historical mines and surface samples up to 11.21 g/t Gold and 23.3g/t Silver, with multiple samples exceeding 1 g/t Au confirming potential.
Excellent infrastructure (roads, power, water) and supportive mining communities further de-risk exploration and pave the way for scalable development.
This position places Quimbaya Gold Corp (CSE: QIM | OTC: QIMGF | FRA: KO5) as the sole exploration-focused player in a producer-dominated district, with untapped corridors ready for first-time drilling.
CURRENT OPERATIONS & CATALYSTS
Quimbaya is transitioning from preparation to discovery in 2025:
- Phase 1 Drilling: A 4,000m drill program at Tahami South commenced August 2025 targeting Sandra K and El Silencio veins, testing undrilled gold system beside Aris’ Segovia Mine. Assay results are expected in Q4 2025 with potential near-term share price catalyst.
- Exploration Pipeline: Maitamac and Berrio being advanced for first drill campaigns in 2026.
- Partnerships: Independence Drilling engaged on a 100,000m program, partially share-based, aligning interests and ensuring scalability.
These initiatives mark the beginning of what could be a transformative 12–18 months for Quimbaya.
VALUATION & COMPARABLES
At a market cap of C$42.55M (~C$0.73/ha), Quimbaya trades at a deep discount to peers:
This valuation gap underscores the leverage Quimbaya Gold Corp (CSE: QIM | OTC: QIMGF | FRA: KO5) offers. A single meaningful discovery could unlock significant upside and move the company closer to peer-level valuations.
Investor sentiment on platforms like X is bullish, with analysts noting “stair-stepping” price action and positioning Quimbaya as “the next Aris / Collective.”
That said, every Junior Minor can be subject to risk, including drill disappointments, gold volatility, and Colombia-specific factors (e.g., community relations), though improved stability mitigates these.
Long-term, Quimbaya’s setup of a non-replicable moat, aligned leadership, and prime location positions Quimbaya investors for potential multi-bagger returns in gold’s secular uptrend.
SPARTAN’S TECHNICAL CHART ANALYSIS:
- CSE: QIM
- Long Idea: $0.75 – $0.85
- Stop Loss: $0.45
- Resistance 1: $1.05
- Resistance 2: $1.18
- Resistance 3: $1.42
- OTC: QIMGF
- Long Idea: $0.58 – $0.63
- Stop Loss: $0.30
- Resistance 1: $0.79
- Resistance 2: $0.94
- Resistance 3: $1.16
Stock Structure:
- Outstanding: ~58M
- Float: ~18M
- Market Cap: ~42.55M (CAD) | ~33.28M (USD)
CONCLUSION: POSITIONED FOR DISCOVERY-DRIVEN RERATE
Quimbaya Gold Corp (CSE: QIM | OTC: QIMGF | FRA: KO5) is now at the most value-accretive point on the Lassonde Curve – the discovery stage. Drill rigs are turning at Tahami, assays are expected in Q4 2025, and the company controls 59,057 ha of prime ground in Colombia’s Antioquia district – ground that would be nearly impossible to assemble today.
With a C$42.55M market cap – a fraction of peers like Aris Mining (C$2.68B) and Collective Mining (C$1.5B+) – Quimbaya represents one of the most undervalued exploration stories in the market.
Its clean cap structure, insider alignment (24% CEO ownership), and fully funded drill programs create the perfect setup for a discovery-driven re-rate.
In a gold market defined by record central bank buying, structural supply deficits, and inflationary tailwinds, Quimbaya offers asymmetric exposure: one drill program away from a potential rerate or strategic takeout.
For investors seeking high-torque leverage to gold in a jurisdiction attracting major producers, Quimbaya is positioned to deliver some of the most explosive upside in the sector over the next 12–18 months.
More information on Quimbaya Gold, including their recent corporate updates and project information can be found here.
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