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Great Quest Gold Ltd V.GQ

Alternate Symbol(s):  GQMLF

Great Quest Gold Ltd, formerly Great Quest Fertilizer Ltd, is a Canadian mineral exploration company. The Company is focused on the development of African gold projects in Namibia with exposure in Morocco and Mali. The Company’s principal business activities are the exploration and development of exploration and evaluation properties located in Mali, West Africa. The Company’s flagship asset is the Sanoukou Gold Project, encompassing 24 square kilometers (km2) located in the Kayes region in the West of Mali, and developing the Tilemsi Phosphate Project, a 1,206 square kilometer parcel in northeastern Mali, containing high quality phosphate resources amenable to use as direct application fertilizer. The Tilemsi phosphate project is composed of three concessions: Tilemsi, Tarkint Est and Ader Foul.


TSXV:GQ - Post by User

Bullboard Posts
Comment by fuggeron Sep 27, 2011 4:04am
331 Views
Post# 19087268

RE: Update on GQ results..

RE: Update on GQ results..
Nice summary Kriskeri, thank you.

The discovery of a second seam of 1.75 m in 4 deeper holes is highly promising, and we haven't even drilled the highly prospective area around Chanameguile.

The fact that the phosphate is very low in impurities is a huge bonus. If we end up with a relatively clean product at source this will have a huge impact on keeping costs down. As we discussed before the the product can almost be crushed, bagged and sold as a direct application.

Couple this with the fact that West Africa is one of the cheapest places in the world to mine phosphate I can't wait for the   bulk sampling, concentration tests and more importantly the preliminary economic assessment of the project!


Bullboard Posts