GoldQuest Mining (TSX: V.GQC, Stock Forum) Tuesday reported assay results from three additional holes from the ongoing drill program at the Romero gold/copper discovery within its 100% owned Las Tres Palmas trend in the Dominican Republic, this according to a company news release.
Results included 157 metres grading 1.07 grams per tonne (g/t) gold and 0.40% copper.
"The results confirm the effectiveness of using IP surveys to generate targets along our Las Tres Palmas Trend. These large step-outs to the east and south demonstrate that mineralization occurs beyond the limits of the initial discovery and extends in excess of 300 meters in the north-west to south-east direction," said GoldQuest CEO Julio Espaillat.
Since September 20, 2012, GoldQuest stock has dropped from a high of $2 to its current share price of 80 cents.