Couloir Capital is pleased to announce it has initiated research coverage Quimbaya Gold Inc. (CSE: QIM) ("QIM," or "Company"). Couloir Capital's Senior Mining Analyst, Ron Wortel, MBA, P.Eng., Q.P. crafted a report titled "Building a high-impact exploration portfolio in Colombia's prolific Antioquia gold camp."

Report excerpt: "Quimbaya's projects cover areas prospective for orogenic and epithermal gold deposits related to the major and splay structures of the region. Numerous prospects and small-scale locally operated mines are in the region and on the Company's claim groups. Limited modern exploration work has been completed on the claim groups at this time. The Company focused on its strategy of building a targeted land package in the Country for the first few years of its operations. The Company managed low-cost and fast claim acquisition through access to proprietary staking software, allowing Quimbaya a timing advantage to pick up the most prospective land ahead of other companies. It is now ready to commence its first drilling campaign on a mining title claim in the Segovia area, the Tahami South, adjacent to the Aris Gold project land."