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Goldquest Mining Corp V.GQC

Alternate Symbol(s):  GDQMF

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.


TSXV:GQC - Post by User

Bullboard Posts
Comment by mooneyeson Jul 20, 2012 2:00pm
251 Views
Post# 20136274

RE: Mining in the DR

RE: Mining in the DR

Dominican Republic has shown to be very mining friendly. Globestar build the Cerro De Maimon mine in 6 yrs from discovery to production. I'd be suprised if anyone could provide a situation anywhere in Canada that put a mine into production in that time frame. Most discoveries I've seen trying to get into production spend 4 yrs just trying to get through the eviromental red tape. Yes, the DR also has strick eviromental policies but nothing like we see in Canada. Never mind the First nations issues.

I'm sure Barrick and Goldcorp did their home work on political risk before commiting $3 billion to develope the Pueblo Viejo deposit.

Bullboard Posts