Goldquest Mining Corp V.GQC

Alternate Symbol(s): GDQMF

Metals & Mining Industrial Metals & Minerals

GoldQuest Mining Corp. is a Canadian mineral exploration company. The Company is focused on gold and copper in the Dominican Republic. The Company holds 19 exploration permits (granted or under application) and one exploitation permit (under application) concessions in the Dominican Republic. These concessions are grouped into various districts. San Juan District, includes Romero (exploitation permit under application), Jenigbre-II (Jenigbre), Valentin-II, Loma Los Comios (actual Loma Los Limones), Loma Cachimbo-II (Loma Viejo Pedro), Los Gajitos and Los Lechones (together actual Alto de Los Chivos), Descansadero (actual Gajo La Guama), Tocon de Pino-II, Las Tres Veredas (actual Palo de La rosa), Piedra Dura-II, Tachuela Fase-II, La Guinea, Toribio (actual Arroyo La Vaca) concessions (Tireo Property). Jarabacoa District includes Monte Verraco and La Rabona concessions. Its regional exploration includes Loma El Catey, Loma La Damajagua, Hoyo Prieto-II and Recodo concessions.

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Goldquest Mining Corp

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Post by mckowskion Mar 02, 2011 11:16am

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Post# 18218874

RESOURCE ESTIMATE FOR TORAL ZINC-LEAD-SILVER DEPOS

Re: News Releases - Thursday, March 03,2011
Title: GoldQuest Announces Initial ResourceEstimate for Toral Zinc-Lead-Silver Deposit, Spain

Summary:

Theinitial mineral resource estimate includes an indicated mineral resource of4.04 million tonnes of 11.8% lead (Pb) + zinc (Zn) and an inferred mineralresource of 4.67 million tonnes of 9.8% Pb + Zn, representing a 15% increaseover historical estimates. An economic cut-off grade of 7 % Pb + Zn was used todefine the Toral mineral resources.