Quimbaya Gold forms JV with Denarius Metals for artisanal mining at Tahami project in Colombia

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1d ago 7:36

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Quimbaya Gold CEO Alexandre Poirier-Boivin joined Steve Darling from Proactive to share news the company has signed a binding Letter of Intent with Denarius Metals Corp. to create a 50:50 joint venture aimed at formalizing and structuring existing small-scale mining operations within Quimbaya’s flagship Tahami Project in Colombia. Located in the Antioquia Department, the Tahami Project spans more than 17,000 hectares across a district-scale vein system exhibiting similarities to the renowned DMSR system. The region has a long history of artisanal mining, and the area remains largely underexplored, presenting significant upside potential. The joint venture initiative complements Quimbaya’s broader exploration efforts, including its upcoming 4,000-meter drilling campaign at Tahami South, while also addressing the need for improved access and stronger relationships with local mining communities. Poirier-Boivin emphasized that the partnership with Denarius Metals brings more than just capital—Quimbaya gains access to a highly experienced technical team with a proven track record in formalizing artisanal operations into legally compliant, profitable ventures. Under the terms of the agreement, profits from the joint venture will be shared equally between Quimbaya and Denarius. In addition, Denarius will contribute both technical and financial resources to support the formalization of artisanal miners through Colombia’s mining legalization framework. By bringing artisanal operations into the formal economy, the joint venture is expected to increase transparency, improve safety and environmental practices, and foster long-term socio-economic benefits for local stakeholders. This collaboration could also serve as a model for sustainable mineral development in regions with a strong tradition of informal mining. #proactiveinvestors #quimnayagoldinc #cse #qim #otcqb #qimgf #GoldExploration #MiningNews #ColombiaMining #TahamiProject #GoldDrilling #DenariusMetals #JointVenture #JuniorMining #ProactiveInvestors

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