Quimbaya Gold Inc. announced that it has secured four additional exploration properties totaling 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 Tahami Project and adjacent to the other Quimbaya's existing properties in the Segovia-Remedios mining district.

The Otu fault system forms a North-South corridor over 100 km from Segovia-Remedio in the North. The fault is located approximately 2km west of Quimbaya's new claims 508718 (4,443 Ha) and 508,598 (1,307 Ha). High-grade gold mineralisation occurs along the entire strike length of the Otu Fault in quartz veins and affects Paleozoic greenstone rocks in contact with Diorites of Segovia Batholith.

Along the Otu corridor trend, large-scale mining is active and numerous small-scale underground mines have been developed throughout the district and where approximately 329,000 oz of gold are produced annually. The El Nus-el Bagre is a regional, subparallel mineralized trend of the Otu System, running alongside and east of the Segovia Mining district. Primary gold occurrences and many alluvial operations are documented.

The newly stake claim 508596 (2, 259 Ha) is located on the El Nus fault of which Quimbaya now controls approximately 10 km of favorable ground for gold along such fault. In the past, minimal exploration work has been done on the properties, which are easily accessible via secondary and tertiary roads, thus facilitating the implementation of exploration work.