FOR FURTHER INFORMATION, PLEASE CONTACT:
Andrew Chubb, CEO
(+356) 99139117
a.chubb@awaleresources.com

Ardem Keshishian, VP Corporate Development
+1 (416) 471-5463
a.keshishian@awaleresources.com

TSX Venture Exchange (TSX-V): LIT  
Frankfurt Stock Exchange (FSE): OAY3
OTCQB Venture Market: LILIF

Argentina Lithium & Energy Corp. (TSXV: LIT) (FSE: OAY3) (OTCQB: LILIF), (‘Argentina Lithium’ or the ‘Company’) reports positive results from the fourteenth exploration well at its Rincon West Project in Salta Province Argentina . Sixteen representative 2.5 or 3 m brine samples collected over a 225-metre interval of RW-DDH-14 ranged from 277 to 379 mgl lithium.

‘The fourteen exploration wells drilled at Rincon West have validated our belief that the property has competitive grade potential. All drill holes have demonstrated mid-grade brines, validating our interpretation of the conductive formations identified during geophysical targeting.’ stated Miles Rideout , V.P. of Exploration. ‘Our team is currently working on the resource model for the initial exploration area, located on the west side of the Rincon salt flat adjacent to Rio Tinto’s Rincon Project. This resource work incorporates results from pump tests currently being completed on the project’s initial rotary well. Additional rotary wells are planned for the project, subject to permit approval. The provincial ministry is currently reviewing the drill permit application for the eastern Don Fermin block, which has had no previous drilling but has extensive geophysical responses suggesting subsurface conductive targets are present.’

The results, including sampling method, sample interval data, and brine analyses for RW-DDH-14 are shown in Table 1. Drill collar information is presented in Table 2. An extensive selection of core samples has been sent to an independent laboratory for brine recovery testing.

The Rincon West Project covers 5198.8 hectares of the salar basin, consisting of three property blocks adjacent to Rio Tinto’s Rincon Project. Drill hole RW-DDH-14 represents the fifth exploration hole of the 6-hole program planned for the Rinconcita II property, originally announced in the Company’s October 19, 2023 News Release. The Company is currently completing a long-duration pump test at the sixth hole (RW-RT-01), a deep rotary well drilled beside RW-DDH-11.

Figure 1 presents a map of the western (main) block of the Rincon West project showing the positions of the fourteen exploration diamond drill holes and single rotary hole completed at Rincon West (see News Releases dated July 13, 2022 , October 3, 2022 , October 25, 2022 , January 26, 2023 , April 24, 2023 , May 31, 2023 , January 22, 2024 , April 24, 2024 .and October 1, 2024 ). The drill location plot is overlain by a yellow shaded outline of electrically conductive zones delineated by two geophysics campaigns (see News Releases dated May 2, 2022 and October 19, 2023 ).

Table 1: Interval data and results of brine analyses for lithium, potassium, and magnesium   for drill hole RW-DDH-   14*

Drilling Methodology

RW-DDH-14 was executed with HQ-diameter diamond drilling, permitting the extraction of core samples of the salar basin formations and the recovery of brine samples where possible.

Drilling was carried out by Salta-based AGV Falcon Drilling SRL, under the supervision of Argentina Lithium’s geologists.

The Company’s preferred method for brine sampling deploys a ‘single packer’ sampling unit during drilling. The packer sampling method allows the recovery of brine samples at specific depths while sealing the hole at the top and bottom of the interval. For single packer sampling, an inflatable seal closes the top of the interval; the lower limit of drilling represents the bottom of the interval. In certain instances, double packer sampling is conducted following the completion of drilling. In this case, inflatable seals are employed to close both the top and bottom of the sample interval. While the geologists can vary the interval length when using single packer sampling, the double packer system is limited to testing 3 m intervals.

Geophysical profiling and lining the hole with 2′ diameter PVC filters have been completed. All core samples recovered in drilling were retained for geologic logging.

Observations regarding   RW-DDH-14

RW-DDH-14 is located on the eastern-central portion of the Rinconcita II property, within the western salt flat at Rincon Salar.

A total of 17 brine samples were extracted using the single or double packer methods and were submitted for chemical analysis. Sampling was generally accomplished from 3 m intervals, though one 2.5 m interval and one 40 m interval were sampled. Brine samples collected between 24.5 m depth and 249.5 m depth ranged from 277 to 379 mg/l lithium. Over this 225 m interval, 16 single or double packer brine samples were collected totalling 47.5 m of sampling, representing 21.1% of the entire interval.

Drilling from surface to 15.5 m depth intersected fine sandy sediments. Medium sandy layers are interlayered with sandy breccias between 15.5 and 71 m depths. Sandy breccias then dominate to 137 m depth. Relatively loose gravel and sands were intersected between 137 m and 144.7 m . Crystaline halite (salt) was drilled between 144.7 and 208 m . Sandy sediments containing several clayey layers were logged between 208 m and 245 m . Breccia sedimentary units were drilled between 245 and 349 m , frequently exhibiting alteration. Ignimbritic breccia and fractured ignimbrite were logged between 349 and 372.5 m whereupon a tricone was required to advance to 375.5, thus 3 m of core was not recovered. Ignimbritic breccia and fractured ignimbrite then continued to 404.4 m . Breccia with traces of pyrite was drilled between 404.4 and 437.25 m . Ignimbritic breccia was then intersected, extending to the bottom of the hole at 455 m . The sandy units described in this exploration hole are expected to be the most productive levels for extracting lithium brine.

Analyses and QA/QC

Samples of brine were submitted for analysis to Alex Stewart International Argentina S.A. (‘ Alex Stewart ‘), the local subsidiary of Alex Stewart International, an ISO 9001:2017 certified laboratory, with ISO 17025:2017 certification for the analysis of lithium, potassium and other elements. Alex Stewart employed Inductively Coupled Plasma Optical Emission Spectrometry (‘ ICP-OES ‘) as the analytical technique for the primary constituents of interest, including boron, calcium, potassium, lithium, and magnesium. Measurements in the field included pH, electrical conductivity, temperature and density.

The quality of sample analytical results was controlled and assessed with a protocol of blank, duplicate and reference standard samples included within the sample sequence. For hole RW-DDH-14 the lot contained one blank and one duplicate sample, which reported within the acceptable range. Single low-grade, medium-grade and high-grade reference standard samples (3 standards in total) were included within the submitted sample suite. The low-grade reference standard analysed higher than 3 standard deviations (‘ SD ‘) of best value, with 10.4 relative percent difference (‘ RPD ‘); the medium-grade reference standard analysed below 3 SD of best value, with 1.3 RPD; the high-grade reference standard analysed below 3 SD of the best value with 2.3 RPD.

Qualified Person

Frits Reidel , CPG is a Qualified Person as defined in National Instrument 43-101, is the Principal of Atacama Water Consultants, and is independent of Argentina Lithium. Mr. Reidel has reviewed the work carried out by the Company’s exploration team at the early-stage Rincon West property. The disclosure in this news release has been reviewed and approved by Mr. Reidel.

About Argentina Lithium

Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them towards production in order to meet the growing global demand from the battery sector. The Company’s strategic investment by Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., one of the world’s leading automakers, places Argentina Lithium in a unique position to explore, develop and advance its four key projects covering over 70,000 hectares in the Lithium Triangle of Argentina . Management has a long history of success in the resource sector of Argentina and has assembled some of the most prospective lithium properties in the world renowned ‘Lithium Triangle’. The Company is a member of the Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993.

ON BEHALF OF THE BOARD

‘Nikolaos Cacos’
______________________________

Nikolaos Cacos , President, CEO and Director

www.argentinalithium.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release may contain forward-looking statements.   Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. All statements, other than statements of historical fact, that address activities, events or developments the Company believes, expects or anticipates will or may occur in the future, including, without limitation, statements about the Company’s plans for its mineral properties; the Company’s business strategy, plans and outlooks; the future financial or operating performance of the Company; and future exploration and operating plans are forward-looking statements.

Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: the impact of COVID-19; risks and uncertainties related to the ability to obtain, amend, or maintain licenses, permits, or surface rights; risks associated with technical difficulties in connection with mining activities; and the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations.   Actual results may differ materially from those currently anticipated in such statements. Readers are encouraged to refer to the Company’s public disclosure documents for a more detailed discussion of factors that may impact expected future results. The Company undertakes no obligation to publicly update or revise any forward-looking statements, unless required pursuant to applicable laws. We advise U.S. investors that the SEC’s mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.

View original content to download multimedia: https://www.prnewswire.com/news-releases/argentina-lithium-announces-225-metre-lithium-brine-interval-at-the-14th-exploration-well-on-the-rincon-west-project-302362820.html

SOURCE Argentina Lithium & Energy Corp.

CSE:NF
OTCQX:NFUNF

Nuclear Fuels Inc. (CSE: NF) (OTCQX: NFUNF) (‘Nuclear Fuels’ or the ‘Company’) announced today the discovery of two new zones of roll front-hosted uranium mineralization at the Kaycee In-Situ Recovery (‘ISR’) Uranium Project (the ‘Project’) in Wyoming’s Powder River Basin (‘PRB’). Drill testing of regional targets on the Project encountered mineralization at the newly discovered Outpost and Trail Dust Zones, including 0.082% eU 3 O 8 (uranium) over 6.5 feet for a total hole Grade Thickness (‘GT’) of 0.532. In the PRB, potentially ISR-recoverable uranium mineralization with a GT of greater than 0.20 is considered suitable for inclusion in a potential wellfield. Follow up delineation drilling of these two new zones is planned for May 2025 . In addition, Nuclear Fuels announces the Company has been added to the Sprott Junior Uranium Miners ETF.

Specific Highlights Include:

• At the Outpost Zone, drill hole LT24_050 returned 0.082% eU ₃ O ₈ over 6.5 feet for a total GT of 0.532, beginning at a downhole depth of 767.0 feet; the best result to date in the Kaycee Project’s regional exploration program. The roll front trend remains open and will be a primary focus when drilling resumes;
• At the Trail Dust Zone, located approximately 1.5 miles to the north of the Outpost Zone, drill hole LT24_037 returned 0.0553% eU ₃ O ₈ over 5.5 feet for a total hole GT of 0.304, beginning at a downhole depth of 886.0 feet;
• Drill hole LT24_004 was drilled approximately two miles to the southeast of holes LT24_037 and returned 0.029% eU ₃ O ₈ over 3.0 feet for a total hole GT of 0.086. While lower grade than the other Trail Dust Zone holes located to the northwest, initial geological interpretation suggests the mineralization intersected in hole LT24_004 may represent the same roll front trend and testing of the approximately two-mile distance between these intercepts for additional zones of high grade mineralization will be a priority for the 2025 drill program.

To view project maps, please visit: https://bit.ly/4hojhq2 .

Greg Huffman , Chief Executive Officer, stated: ‘Nuclear Fuels’ drill program was designed to test for new zones of uranium mineralization on the Kaycee Project and we are pleased that the program has discovered two new mineralized roll fronts. These discoveries, aided by the team’s deepening understanding of the geology and mineralization, also highlight the strong potential of this area for further exploration and will serve as a launching point for the 2025 drill program. We are also honored to have recently been added to the Sprott Junior Uranium Miners ETF.’

Table of Significant Results from the Outpost Zone and Trail Dust Zone

Kaycee Uranium Project, Wyoming

Drill holes are reported that returned significant zones of uranium mineralization with >2 ft thickness at or above a grade cut-off of 0.02 per cent eU ₃ O ₈ or that are relevant to exploration targeting. (1) % eU ₃ O ₈ by Gamma logging is a measure of gamma intensity from a decay product of uranium. Gamma log assays may be in disequilibrium with ICP-MS assays. Comparisons of eU ₃ O ₈ Gamma log and ICP-MS assays of Powder River Basin core samples indicate that eU ₃ O ₈ Gamma is comparable to ICP-MS uranium assay in the Powder River Basin. (2) Grade Thickness, or GT, is defined as the product of the mineral grade multiplied by the thickness of the mineralization.

The Kaycee Uranium Project Drill Program

In October 2024 , the exploration drill program on the Kaycee Project shifted to testing regional targets that have not been previously extensively explored for uranium mineralization. These targets were generated by the evaluation of over 500 oil and gas logs, with an initial focus on an area located approximately 8 miles to the east of the Saddle Zone, and approximately 6 miles to the west of Energy Fuels Inc.’s Nichols Ranch ISR uranium mine, which is currently being prepared for restart in mid-2025. The regional drilling was successful in identifying two new zones of roll front-hosted uranium mineralization. Both of these zones represent new discoveries associated with previously unidentified roll front trends that are incremental to the 430 miles of roll fronts historically delineated on the Project.

The 2024 drill program at the Kaycee Project concluded in late December 2024 , with the Company having completed 206 holes for a total of approximately 124,720 feet since drilling re-started in mid-July. Recall, prior to September 30 ^th , the objective of the drill program was to confirm and expand uranium mineralization associated with known historic resource areas. Previously released highlights from this drilling includes 0.205% eU ₃ O ₈ over 8.0 feet for GT of 1.640 at the Stirrup West Zone, 0.233% eU ₃ O ₈ over 7.0 feet for a GT of 1.631 at the Saddle Zone, and 0.117% eU ₃ O ₈ over 5.0 feet for a GT of 0.585 at the Spur Zone.

Planning is currently underway for the 2025 drill program at the Kaycee Project, which is anticipated to commence in May 2025 . The initial focus will be to follow up on the new discoveries at the Outpost and Trail Dust Zones to better define their orientation and geometry. 2025 drilling will also test other high priority regional targets given the early success in identifying new zones of roll front-hosted uranium mineralization in this underexplored area of the Project.

Kaycee Uranium Project, Wyoming

The Kaycee Project in Wyoming’s PRB, Nuclear Fuels’ priority project, consists of 55 square miles of mineral rights over a 35-mile mineralized trend hosting 430 miles of identified roll fronts. The Kaycee Project is believed to be the only project in the PRB where all three known historically productive sandstone formations (Wasatch, Fort Union, and Lance) are mineralized and potentially accessible for ISR extraction. The Kaycee Project, under Nuclear Fuels, represents the first time since the early 1980’s that the entire district is controlled by one company.

In 2023, Nuclear Fuels acquired the Kaycee Project from enCore Energy Corp., which retains a back-in right for 51% of the project by paying 2.5X the exploration costs and financing the Kaycee project to production (costs recoverable from production) upon Nuclear Fuels establishing a minimum 15 million pound eU ₃ O ₈ 43-101 compliant resource.

Wyoming is a proven and prolific uranium producer with a pro-energy government and established regulatory regime for the permitting and extraction of uranium through ISR technology. Wyoming is one of the few ‘Agreement States’ hosting ISR uranium deposits, where the federal government and the Nuclear Regulatory Commission have ceded regulatory authority to the state government, permitting and advancing uranium projects is more efficient and streamlined as compared to most other states. Wyoming , with over 250 million pounds of historic uranium production, ranks as the state with the second most uranium production to date; most of which has been through the ISR technology since 1990, predominantly from the PRB.

Drill holes were completed by Single Water Services using a rotary drill rig. Chip samples are collected for lithological logging every five feet. Century Geophysics of Tulsa Oklahoma is contracted to conduct downhole gamma ray, resistivity, spontaneous potential, and deviation. Century Geophysics calibrates the downhole tools in the US Department of Energy uranium logging Test pits in Casper Wyoming , to ensure the accuracy of the down hole gamma ray log measurements. % eU ₃ O ₈ is a measure of gamma intensity from a decay product of uranium and is not a direct measurement of uranium. Numerous comparisons of eU ₃ O ₈ and chemical assays of PRB core samples indicate that eU ₃ O ₈ is a reasonable indicator of the actual uranium assay.

The technical content of this news release has been reviewed and approved by Mark Travis , CPG., a contractor to the Company, and a Qualified Person as defined in National Instrument 43-101.

About Nuclear Fuels Inc.

Nuclear Fuels Inc. is a uranium exploration company advancing early-stage, district-scale In-Situ Recovery (‘ISR’) amenable uranium projects towards production in the United States of America . Leveraging extensive proprietary historical databases and deep industry expertise, Nuclear Fuels is well-positioned in a sector poised for significant and sustained growth on the back of strong government support. Nuclear Fuels has consolidated the Kaycee Wyoming district under single-company control for the first time since the early 1980s. Currently executing its second drill program at the Kaycee Project, the Company aims to expand on historic resources across a 35-mile trend with over 430 miles of mapped roll-fronts. The Company’s strategic relationship with enCore Energy Corp., America’s Clean Energy Company, offers a mutually beneficial ‘pathway to production,’ with enCore owning an equity interest and retaining the right to back-in to 51% ownership in the flagship Kaycee Project in Wyoming’s prolific Powder River Basin.

W: www.nfuranium.com

Forward-Looking Information

The Canadian Securities Exchange has not reviewed this press release and does not accept responsibility for the adequacy or accuracy of this news release.

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as ‘may’, ‘should’, ‘anticipate’, ‘expect’, ‘potential’, ‘believe’, ‘intend’ or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to, statements relating to planned exploration programs and the results of additional exploration work in seeking to establish mineral resources as defined in NI43-101 on any of our properties. Forward-looking statements necessarily involve known and unknown risks, including, without limitation, risks associated with the completing planned exploration programs and the results of those programs; the ability to access additional capital to fund planned and future operations; regulatory risks including exploration permitting; risks associated with title to our mineral projects; the ability of the company to implement its business strategies; and other risks including risks contained in documents available for review at www.sedar.com under the Company’s profile. Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

View original content to download multimedia: https://www.prnewswire.com/news-releases/nuclear-fuels-announces-the-discovery-of-new-mineralized-zones-at-the-kaycee-uranium-project-302362921.html

SOURCE Nuclear Fuels Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2025/29/c2143.html

Quimbaya Gold Inc. (CSE: QIM) (OTCQB: QIMGF) (FSE: K05) (‘ Quimbaya Gold ‘ or the ‘ Company ‘) is pleased to announce the results of a rock sampling program conducted on the Tahami North project in Segovia, Colombia . These results include rock samples grading up to 5.86 gt gold and 133 gt silver along a new 2km trending vein system. The targeted veins trend to the North-West within the Company’s claims. This represents a significant advancement in the understanding of the potential of these goldsilver vein systems at Tahami North.

Highlights

• A total of 67 channel samples, 60 rock samples and 5 pan concentrates were collected during 2024 in the preliminary field exploration season on the property (table 1, table 2, table 3).
• Rock sampling confirms the occurrence of an interpreted trend of gold – silver veins demonstrating the promising potential within the Company’s claims. (Figure 1)

Data consolidation was completed during January 2025 including a regional structural interpretation of the Digital Elevation Model and regional magnetometry geophysics, interpretation of the gold veins trend, geochemical data analysis, and database normalization (included laboratory certificates).

A follow-up exploration program has been designed to test the continuation of the gold/silver veins along the trend. This work will include geological mapping, trench design, soils and channel rock sampling programs. (figure 2).

‘These results provide a strong foundation to advance the exploration program and define drilling targets along this mineralized gold-silver corridor at Tahami North,’ commented Mr. Alexandre P. Boivin President & CEO. ‘It provides us with an additional project area with new discovery potential which will complement our upcoming drilling program on our Tahami South concession located adjacent to Aris Mining’s (TSX: ARIS) Segovia mining operation.

Tahami North Vein Systems

The structural interpretation of the mineralized veins is based on the 2024 results, which included mapping, rock sampling, pan concentrate sampling and geophysical analysis. Our 2025 exploration program at Tahami North will focus on defining and expanding the Au-Ag mineralized vein system along a 4.4 km potential mineralized trend.

Sample preparation and analysis

Quimbaya Gold used various laboratories to prepare and assay samples collected on the Tahami Project. These include SGS and ALS for preparation and analysis. SGS preparation and Fire Analysis in the SGS laboratory in Medellin Colombia , and SGS multi-element analysis located in Peru ; and ALS Global preparation in Medellin and ALS Global analysis located in Peru .

Samples delivered to SGS were prepared in Medellin , samples were received and labelled, dry at 100°C +- 5°C, primary crushing in a jaw crusher to 95% passing 20 mesh, secondary crushing with roll mill and slow revolution, cleaning with compressed air and quartz, with 85% passing 10 mesh, with every 10 sampled control and granulometry, riffle split coarse crushed sample in jones splitter, to extract 250 ti 500 gr; Pulverization of samples is completed in a ring mill, with >95% passing 140 sieve and cleaning with clean sand. Samples were assayed for Fire Assay for Au and aqua regia digestion for Ag in Medellin using FAA515, FAG505 and AAS12C method, and multi-element analysis in Peru using ICP40B, and AAS41B methods.

The sample preparation method at ALS comprises drying the sample at 60°C, crushing the entire sample to a target of 70% passing 2mm, rotary split off 250gr, pulverize split to a target of 85% passing g75um. Samples were assayed by ALS Peru for Fire assay to Au using Au-AA23 Au 30g, and Multi-element four acid ICP-MS using ME-MS61 method code, in line with QA/QC best practices.

Qualified Person – Ricardo Sierra BSc.   Geology, MAusIMM (3078246)

The information in this report that relates to technical evaluation results, interpretation of airborne magnetic, and geochemical analysis is based on information reviewed and approved by Ricardo Sierra , VP exploration Quimbaya Gold who is a Member of the Australian Institute of Mining and Metallurgy, and is a Qualified Person as defined within the meaning of the National Instrument 43-101. Mr. Sierra has sufficient experience that is relevant to the style of mineralization and type of deposit under consideration. Mr. Sierra consents to the inclusion of the technical evaluation results based on the information and in the form and context in which it appears.

About Tahami

The Tahami project is located nearby the municipality of Segovia in the Department of Antioquia in Colombia . It is 217 km northeast of the city of Medellin .

About Quimbaya

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

Quimbaya Gold Inc. 
Follow on X @quimbayagoldinc
Follow on LinkedIn @quimbayagold
Follow on Instagram @quimbayagoldinc
Follow on Facebook @quimbayagoldinc

Cautionary Statements

Certain statements contained in this press release constitute ‘forward-looking information’ as that term is defined in applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘intends’, ‘expects’ or ‘anticipates’, or variations of such words and phrases or statements that certain actions, events or results ‘may’, ‘could’, ‘should’, ‘would’ or ‘occur’. Forward-looking information by its nature is based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Quimbaya to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These assumptions include, but are not limited to: any increased liquidity of the Company’s stock through the additional listing or increased European investment / exposer. Although Quimbaya’s management believes that the assumptions made and the expectations represented by such information are reasonable, there can be no assurance that the forward-looking information will prove to be accurate. Furthermore, should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. Readers are cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of Quimbaya as of the date of this news release and, accordingly, is subject to change after such date. Except as required by law, Quimbaya does not expect to update forward-looking statements and information continually as conditions change.

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

SOURCE Quimbaya Gold Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/January2025/29/c2385.html