Lithoquest Makes Option Payment on Gold Projects
Lithoquest Makes Option Payment on Miminiska and Keezhik Gold Projects
VANCOUVER, BC / June 27, 2022 / Lithoquest Resources Inc. (TSX-V:LDI) (the "Company") today announced that it has completed the twelve-month option payment to Landore Resources Canada ("Landore") in connection with its Option Agreement to acquire a 100% interest in two gold projects located in northwest Ontario: the 5,494 ha Miminiska Gold Project and the 12,482 ha Keezhik Gold Project. The payment consisted of $250,000 cash and the issuance of 3,421,916 common shares at a deemed price of $0.146117 per share to Landore.
About Lithoquest Resources Inc.
Lithoquest is a Canadian mineral exploration company focused on the discovery and development of economic precious and base metal deposits on four district-scale projects in northwest Ontario: Miminiska, Keezhik, Attwood and Gold Standard.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Lithoquest Resources Inc.
+1 (604) 506-2804
bcounts@lithoquest.com
SOURCE: Lithoquest Resources Inc.