Quimbaya Gold reported assay results from six drill holes at its Tahami Center project in Colombia, confirming a large copper-molybdenum porphyry system. Although mineralization was continuous, the copper and molybdenum grades were below economic levels. The company will pause drilling at Tahami Center to analyze data and continue drilling at Tahami South, while also planning further exploration to identify additional porphyry targets nearby. This discovery highlights Colombia's exploration potential despite current sub-economic grades.
Quimbaya Gold's recent copper-molybdenum porphyry system discovery at Tahami Center provides context for readers following basic materials. For readers following basic materials, here is Pluang's market snapshot as of Oct 17, 2026 03:11 WIB: Among 83 priced Basic Materials-sector US stocks tradable on Pluang, 42 rose and 41 fell today. Notable movers include JCI (Johnson Controls International PLC) at USD 146.82 with a 1-day change of -3.69% and a typical hold time on Pluang of 66 days, ASPN (Aspen Aerogels Inc) at USD 5.22 down 3.33% with a 14-day hold time, and MP (MP Materials) at USD 40.26 down 3.24%, with Pluang order activity showing 7% Sell and 93% Buy, and a 14-day typical hold time.
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