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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

Post by Katoriff1on Oct 13, 2022 4:05pm
221 Views
Post# 35023317

Revised. GLTA

Revised. GLTACEO is still working hard. GLTA! Gold Quest explains SJM's gold exploration yanet happy October 13, 2022 ECONOMIC Luis Santana said that they would remedy damage from forest fires and conuquism in the area. Elieser Tapia. Santo Domingo.- After ensuring that the "Romero" exploration project to extract gold, silver, copper and zinc complies with the legal technical and economic aspects, the president of Gold Quest asked the population and leaders of San Juan de la Maguana, that they give themselves the opportunity to know the viability and feasibility of this plan. Luis Santana, who defends a sustainable mining operation, affirms that the potential they see in the deposit could translate into a positive social and economic transformation for that province. He said that it would not have topographical effects or dangerous chemical waste, nor would it have a tailings dam because the materials from the process would deposit it in the same subsoil. He considered that the rejection of groups to the project is due to the lack of information. Santana points out that they are at the point of doing the environmental impact study, which is necessary for the authorities to determine if the exploitation is environmentally feasible. The Canadian capital company has already invested 44 million dollars in the previous part to the point where it is now Santana, an engineer from Azua who directs the mining company, understands that the extraction of gold would have a positive economic impact on agriculture, hotels and other services, as well as providing dynamism with the creation of three thousand jobs. Stockhouse Logo Search Companies, etc Quote | Bullboard | News | Opinion | Profile | Peers | Filings | Financials | Options | Price History | Ratios | Ownership | Insiders | Valuation Goldquest Mining Corp. V.GQC Alternate Symbol(s): GDQMF Metals & Mining Industrial Metals & Minerals GoldQuest Mining Corp is a Canadian-based mineral exploration and development company with projects in the Dominican Republic. Its projects include Romero Project, Tireo Project, and Others. $0.185Bid: 0.175 x 9500Ask: 0.195 x 9000Volume: 2,731 CADTSX VENTURE EXCHANGEDELAYED PRICEOCTOBER 13, 2022 2:52 PMEDT Goldquest Mining Corp. > CEO is still working hard. GLTA! New Post Older Post Newer Post View All Posts 2 + Favorites Katoriff1 (95) User Actions October 13, 2022 - 09:11 AM 111 Reads Post# 35021833 CEO is still working hard. GLTA! Gold Quest explains SJM's gold exploration yanet happy October 13, 2022 ECONOMIC Luis Santana said that they would remedy damage from forest fires and conuquism in the area. Elieser Tapia. Santo Domingo.- After ensuring that the "Romero" exploration project to extract gold, silver, copper and zinc complies with the legal technical and economic aspects, the president of Gold Quest asked the population and leaders of San Juan de la Maguana, that they give themselves the opportunity to know the viability and feasibility of this plan. Luis Santana, who defends a sustainable mining operation, affirms that the potential they see in the deposit could translate into a positive social and economic transformation for that province. He said that it would not have topographical effects or dangerous chemical waste, nor would it have a tailings dam because the materials from the process would deposit it in the same subsoil. He considered that the rejection of groups to the project is due to the lack of information. Santana points out that they are at the point of doing the environmental impact study, which is necessary for the authorities to determine if the exploitation is environmentally feasible. The Canadian capital company has already invested 44 million dollars in the previous part to the point where it is now Santana, an engineer from Azua who directs the mining company, understands that the extraction of gold would have a positive economic impact on agriculture, hotels and other services, as well as providing dynamism with the creation of three thousand jobs. He points out that in his case they have offered to give the community of San Juan 13% of the income, eight percentage points higher than the 5% established by Santana, an engineer from Azua who directs the mining company, understands that the extraction of gold concession in Sabaneta, they were given the license fulfilling the requirements of the Law for five years, in 2012 they found a good content of gold and copper, and they discover that we have 3 million ounces of gold, which if sold is equivalent to 6 billion dollars, a significant impact, he commented. In a courtesy visit to Jos P. Monegro, director of EL DIA, he said that capital investment in mining is very high. Feasibility He said that they tested the possibility of using a technology to remove the material from a height of 150 and 450 meters to take it to a treatment plant, without the need for refining or separating the metals, but rather by extracting, crushing, grinding them until they are converted into a pulp. and finally it is taken to a flotation circuit in which air is injected and it floats on the surface. This industrial process does not involve the use of dangerous chemicals such as Cyanide, so there is no risk or rejection, and since it is an underground mine, all the rock that they remove (fine crushed sand) would be filled without having to create glue dams. The project complies with the Law up to the technical-economic point, the Law calls for Mining to be presented if it benefits the country and is not going to deteriorate the value of the deposit. From there, they issue an exploitation concession based on Law 146, now via Law 64-00 on the Environment, one of environmental impact must be made and it is an intense process, explained Santana. Evaluation Resource impact The current management suspended the project until concluding that it deserves to be evaluated in environmental aspects, human interaction and resources such as water and soil. Santana affirms that they will not impact the water because less than 1% is collected.
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