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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 Jan 30, 2023 12:09pm
184 Views
Post# 35254133

Even Santana mentions Arbitration. GLTA!

Even Santana mentions Arbitration. GLTA!https://ciarglobal.com/minera-goldquest-podria-ir-a-arbitraje-con-republica-dominicana-por-proyecto-romero/

Minera GoldQuest Could Go To Arbitration With The Dominican Republic For The Romero Project

 
 
Real Hearing. As real as in court


The Canadian mining company GoldQuest could resort to arbitration if it does not receive a response from the Government of the Dominican Republic to the request to carry out environmental impact studies of the Romero project , an underground gold and copper deposit it owns. The mining company has been pursuing the exploitation permit to carry out environmental impact studies for seven years.

The miner has been working on the Romero Project, 100% owned, since 2015, and according to the data provided on its website, a technical program has begun, including drilling.

The parties, GoldQuest and the Dominican Government, have held recent meetings, but according to Luis Santana, president of the mining company in the Dominican Republic, there have been neither positive nor negative results (see “ Minera would contemplate an arbitration process if it does not obtain a response on studies to Romero project ", Paola Wisky, Diario Libre, 01.15, 2015). And Santana alludes to the possibility that the mining company may have to choose to resort to legal means, litigation or arbitration.

According to the information provided by Santana, the mining company is working with the communities involved. The inhabitants of the San Juan region have been reluctant, for years, for this exploitation to be carried out due to the environmental damage in the area and its water resources (see “ Romero mining project in SJM on the way to collapse ”, Carlos Tejada, Digital Newspaper, 02.12.2018).

Last December, a group of priests from the diocese of San Juan de la Maguana demonstrated against the mining project, signing a manifesto in which they asked President Luis Abinader not to grant GoldQuest an exploitation permit due to the threat of destruction. and pollution in the area. The priests allude to the considerations of experts from the Academy of Sciences and the Autonomous University of Santo Domingo and ask not to seize the health of the people and the purity of their waters (see "Priestly Manifesto against the " Romero Project "in the Central Cordillera, Hondo Valle de SJM ", Diario Catlico, 12.19.2022).


By WritingJanuary 17, 2023No 
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