Quimbaya Gold Inc (TSE:QIM) has released an update.
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Quimbaya Gold Inc. has strategically expanded its mining territory by acquiring new gold and silver exploration properties totaling 1,624 hectares in Colombia’s Segovia region, near other established mining operations. The acquisition includes four mining properties with promising geological features for gold and silver vein deposits, enhancing the company’s presence in a historically rich mining area. As part of the deal, Quimbaya Gold will compensate with a total of USD $400,000, including cash and shares.
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