Quimbaya Gold Inc. announced securing of additional claims for two gold and silver mining properties covering 3,310 hectares, adding to the Company's existing assets. The two claimed areas are as follows: license 507906 (223 Ha) and licence 507893 (3,087 Ha), which are located in the municipality of Segovia, northeast of Medellín, the regional capital of the Department of Antioquia, Colombia. A map visualization of the claims can be found attached hereto as Schedule "A".

Those two additional mining properties are situated on two different geological environments with potential for both gold and silver mineralization. One newly acquired property (507906) is located within the metamorphic rocks of Cajamarca complex and sits on the Palestina fault corridor. Gold mineralization in the area is related to shear zones and where artisanal miners and other companies such as Soma Gold are currently active.

The other property (507893) is near Serrania de San Lucas area and host Gneissic and Volcanic rocks and located along the El Bagre fault zone. The area is known from ancestral times by artisanal gold miners and exploration companies such as Touchstone.