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Goldquest Mining Corp V.GQC

Alternate Symbol(s):  GDQMF

GoldQuest Mining Corp. is a Canada-based mineral exploration and development company. The Company is engaged in the identification, acquisition and exploration of mineral properties. It is focused on gold and copper in the Dominican Republic. Its projects include Romero and Tireo. The Romero project includes its Romero and Romero South deposits, which are located within the La Escandalosa exploration concession of its Tireo Property, which has an area of approximately 3,997 hectares (ha). The Tireo project (also known as the San Juan concessions) is situated in the Central Cordillera of the Dominican Republic near the San Juan provincial capital of San Juan de La Maguan. Its other projects include Las Animas and Cerro Dorado. Its Las Animas project is situated approximately 100 kilometers (kms) north-west of the capital Santo Domingo. The Las Animas project comprises of over two claims. Its Cerro Dorado project is located in the Monsenor Noel province.


TSXV:GQC - Post by User

Bullboard Posts
Post by docmzon Jul 17, 2012 11:09am
257 Views
Post# 20121313

Flat lying 10 degrees dip to North...

Flat lying 10 degrees dip to North...

Just to recap...

 

“Initial interpretation of the mineralization intercepted to date of holes LTP 90, LTP 92, LTP 93 and the incomplete LTP 94 at Romero indicates that the contact between the upper, weakly silicified, low copper zone and the lower, strongly silicified, higher copper zone is subhorizontal, with possibly a gentle dip to the north of less than 10 degrees.”         

"Romero discovery hole LTP 90. LTP 92 bottomed at 399 metres and LTP 93 bottomed at 433 metres."

"Due to interesting mineralization seen at or near the deepest capability of the current portable drill rigs, the company has also contracted a third diamond drilling rig with ability to drill to 700 metres."

 

Not sure if GQC will dip too much now as the factors that drove it in the last few days are significant...

 

 

Bullboard Posts

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