Quimbaya Shareholders Approve all Resolutions and Elects Mr. ?Juan Sanchez as a New Director

Quimbaya Shareholders Approve all Resolutions and Elects Mr. ?Juan Sanchez as a New Director

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Quimbaya Gold Inc. (CSE: QIM) (" Quimbaya " or the " Company ") is pleased to announce shareholders approved all resolutions at the annual general meeting of shareholders held earlier ‎today. All individuals nominated for the board of directors were elected, being Alexandre P. Boivin Alexandre de Beaulieu Bill de Jong Jean-Luc Peyrot and Juan Sanchez .

The Company welcomes Mr. Juan Sanchez to the board of directors. Mr. Sanchez has 10 years of experience as a manager in the mining sector. He has been active in commodities trading and financial services in Europe and South America . He is currently the Colombia Country Manager for the Swiss trading company Open Mineral AG.

The Company also acknowledges former director Mr. Chris Gulka for his contributions over the last ‎two years and wishes him continued success in his other business endeavors.

About Quimbaya

Quimbaya aims to consolidate gold reserves through exploration and acquisition of mining properties in Antioquia, Colombia . Managed by an experienced team in mining sector, Quimbaya is focused on 3 projects in the regions of Segovia (the Tahami project), Puerto Berrio (the Berrio Project), and Abejorral (the Maitamac Project), all located in the Antioquia Province, Colombia .

SOURCE Quimbaya Gold Inc.

Cision View original content: http://www.newswire.ca/en/releases/archive/January2024/02/c2701.html

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Quimbaya Gold (CSE:QIM)

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Quimbaya Gold Inc. Trades on the OTCQB Market in the United States and Initiates Private Placement

Quimbaya Gold Inc. Trades on the OTCQB Market in the United States and Initiates Private Placement

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

  • QIM believes this listing is an important step for the Company and provides transparent trading for current and future U.S. investors
  • Provides improved accessibility and liquidity for a broad range of private and ‎institutional U.S. investors
  • Initiates private placement offering of units for gross proceeds of up to $2,025,000

Quimbaya Gold Inc. (CSE: QIM) (OTC: QIMGF) ("Quimbaya" or the "Company") to announce the Company's common shares have been accepted and qualified to trade on the OTCQB Venture Market in the United States operated by the OTC Markets Group Inc.

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Quimbaya Gold Inc. Increases land position at Maitamac project, Colombia

Quimbaya Gold Inc. Increases land position at Maitamac project, Colombia

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Quimbaya Gold Inc. (CSE: QIM) (the "Company" or "Quimbaya") is pleased to announce that it has secured three exploration properties totalling 7,393 hectares (73.9 sq. km) adjacent to it Maitamac existing Project in the Abejorral-Sonsón area located in the department of Antioquia, Colombia . These properties were acquired through mapping staking from the Colombian government.

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Quimbaya Gold Inc. Consolidates its Land Position  in Segovia-Remedios Mining District, Colombia

Quimbaya Gold Inc. Consolidates its Land Position in Segovia-Remedios Mining District, Colombia

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Quimbaya Gold Inc. (CSE: QIM) (the "Company" or "Quimbaya") is pleased to announce that it has secured four additional exploration properties totalling 8,181 hectares (81.8 sq. km) located in the department of Antioquia, Colombia . These properties consist of: 508718 (4,444 Ha); 508598 (1,307 Ha); 508599 (171 Ha) and 508596 (2,259 Ha), which were acquired through mapping staking from the Colombian government, in proximity to the South and West of the flagship Tahami Project and adjacent to the other Quimbaya's existing properties in the Segovia-Remedios mining district. A map visualization of the claims can be found below.

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Quimbaya Gold Inc. Closes Acquisition of Colombian Gold Projects

Quimbaya Gold Inc. Closes Acquisition of Colombian Gold Projects

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Quimbaya Gold Inc. (CSE: QIM) (" Quimbaya " or the " Company ") is pleased to announce that it has closed its previously announced acquisition of all the issued and outstanding shares (the " Shares ") of Explogold Ingenieria y Consultoria S.A.S., Minera Buey Aures S.A.S . and Soluciones Ambientales Del Nordeste S.A.S. (collectively, the " Companies ") by way of share purchase agreements (the " Definitive Agreements ") among Remandes Corporation S.A. (" Remandes "), the Company and the Companies (the " Transactions "). The purchase price payable by Quimbaya for all of the issued and outstanding Shares was satisfied by: (i) the payment by Quimbaya to Remandes of a deposit in the amount of US$100,000 to be used by Remandes in accordance with an approved budget mutually agreed upon by the parties; and (ii) the issuance of 10,000,000 common shares in the share capital of Quimbaya to Remandes.

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QUIMBAYA GOLD INC. ANNOUNCES EXERCISE OF STOCK OPTIONS

QUIMBAYA GOLD INC. ANNOUNCES EXERCISE OF STOCK OPTIONS

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Quimbaya Gold Inc. (CSE: QIM) ("Quimbaya" or the "Company") announces the exercise of share purchase options ("Options") for a total of 257,145 common shares without par value at a price of C$0.35 per common share in the share capital of the Company, representing approximately 1.45% of the outstanding shares following the issuance. The Options have been exercised pursuant to the terms of the Company's Stock Option Plan by Alexandre De Beaulieu (chairman of the board), Jean-Luc Peyrot (director), Alexandre P. Boivin (CEO and director), for gross proceeds of C$90,000 .

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Steppe Gold Announces Q1 2024 Financial Results

Steppe Gold Announces Q1 2024 Financial Results

Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") is pleased to announce its financial results for the quarter ended March 31, 2024.

HIGHLIGHTS

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Element79 Gold Corp Welcomes the Successful IPO of Sun Silver Ltd.

Element79 Gold Corp Welcomes the Successful IPO of Sun Silver Ltd.

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Element79 Gold Corp.

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Steppe Gold Announces Mailing and Filing of Annual General and Special Meeting Materials in Connection with Proposed Transaction with Boroo Gold and Boroo Singapore

Steppe Gold Announces Mailing and Filing of Annual General and Special Meeting Materials in Connection with Proposed Transaction with Boroo Gold and Boroo Singapore

Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold") is pleased to announce that it has filed with the applicable Canadian securities regulatory authorities the management information circular dated May 8, 2024 and related meeting materials of Steppe Gold (the "Meeting Materials") for use at the annual general and special meeting (the "Meeting") of Steppe Gold shareholders (the "Shareholders") to be held in connection with the proposed transaction with Boroo Gold LLC ("Boroo Gold") and Boroo Pte Ltd. ("Boroo Singapore"), or one of its affiliates, as previously announced on April 11, 2024 (the "Transaction"). Steppe Gold has also mailed copies of the Meeting Materials to Shareholders entitled to vote on the Transaction at the Meeting.

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GOLD ROYALTY REPORTS FIRST QUARTER 2024 RESULTS; RECORD REVENUE DRIVES POSITIVE OPERATING CASH FLOW

GOLD ROYALTY REPORTS FIRST QUARTER 2024 RESULTS; RECORD REVENUE DRIVES POSITIVE OPERATING CASH FLOW

Gold Royalty Corp. (" Gold Royalty " or the " Company ") (NYSE American: GROY) is pleased to announce the filing of its operating and financial results for the three months ended March 31, 2024 . All amounts are expressed in U.S. dollars unless otherwise noted.

David Garofalo , Chairman and CEO of Gold Royalty, commented: "We are proud to have delivered on another growth milestone in the first quarter, generating positive operating cash flow for the first time. Our recent acquisitions, royalty generator model, and existing flagship royalties fueled our record revenue this quarter. We also continued to lower our cost profile compared to the prior year. With the gold price near all-time highs and the ramp up of the Côté Gold Mine in the second half of 2024, we expect to see continued royalty revenue growth through the remainder of the year.

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Element79 Gold Corp Appoints Warren Levy to Advisory Board

Element79 Gold Corp Appoints Warren Levy to Advisory Board

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Element79 Gold Corp.

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Horizon Minerals Limited  Binding 200KT Toll Milling Agreement Executed with FMR

Horizon Minerals Limited Binding 200KT Toll Milling Agreement Executed with FMR

Perth, Australia (ABN Newswire) - Horizon Minerals Limited (ASX:HRZ) is pleased to announce that it has entered into a binding Toll Milling Agreement ("TMA") with FMR Investments Pty Ltd ("FMR") to treat 200kt of Horizon ore from the Cannon underground project, or other deposit, commencing in the December 2024 Quarter.

HIGHLIGHTS

- Binding TMA has been executed with FMR, which owns the Greenfields Mill located northeast of Coolgardie and 30km southwest of Kalgoorlie-Boulder in WA

- Horizon will arrange contract mining and hauling of ore from Cannon for ore processing at FMR's 1.0Mtpa Greenfields Mill, located ~67km by road from the Cannon Project

- An agreed 200kt of ore will be processed over a period of eight months, commencing in the December 2024 Quarter

- The TMA contains competitive ore treatment rates with the payment structure as follows:

o Horizon is responsible for delivery of each stockpile to the Greenfields Mill ROM near Coolgardie

o Payment of processing costs must be made before the value of the processed and refined gold at the Perth Mint is transferred from FMR's metal account to Horizon

o If the delivery schedule is missed Horizon will forfeit its allocated tonnes for that month and from the overall 200kt allocation

- An Ore Reserve for Cannon has already been established including forecast economics for the ore to be processed via a Toll Milling Agreement

- Cannon is fully environmentally permitted (with last mining in 2017) with pre-production activities are already underway, including dewatering of the open pit in preparation for underground mining

- The TMA has flexibility that Horizon can treat Horizon ore other than Cannon, including Horizon's own current resources or those acquired through the proposed merger with Greenstone Resources Limited, provided sufficient notice is provided to FMR

Commenting on the toll milling agreement, Chief Executive Officer Mr Grant Haywood said:

"We are very pleased to have converted our 200,000 tonne allocation with FMR into a formal Toll Milling Agreement, and look forward to working closely with them as ore deliveries will commence later this calendar year. This agreement is in addition to our 1.4Mt ore sale agreement with Paddington announced a week ago. Together this will see us generating cash flow from two fronts in this fantastic gold price environment before the end of 2024."

Next Steps

- AMC Consultants has been engaged and undertaken a review of the Cannon Ore Reserve and will progress the revised key financial outcomes for the June 2024 Quarter

- Finalise engagement with underground mining and haulage contractors to finalise tenders for Cannon

- Complete the proposed merger with Greenstone Resources to enhance the long-term production profile with development ready high-grade projects

*To view tables and figures, please visit:
https://abnnewswire.net/lnk/WUABZYMW



About Horizon Minerals Limited:

Horizon Minerals Limited (ASX:HRZ) is a gold exploration and mining company focussed on the Kalgoorlie and Menzies areas of Western Australia which are host to some of Australia's richest gold deposits. The Company is developing a mining pipeline of projects to generate cash and self-fund aggressive exploration, mine developments and further acquisitions. The Teal gold mine has been recently completed.

Horizon is aiming to significantly grow its JORC-Compliant Mineral Resources, complete definitive feasibility studies on core high grade open cut and underground projects and build a sustainable development pipeline.

Horizon has a number of joint ventures in place across multiple commodities and regions of Australia providing exposure to Vanadium, Copper, PGE's, Gold and Nickel/Cobalt. Our quality joint venture partners are earning in to our project areas by spending over $20 million over 5 years enabling focus on the gold business while maintaining upside leverage.

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