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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.


TSXV:GQC - Post by User

Goldquest Mining Corp
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Comment by davidmb4on Aug 17, 2012 11:12pm
329 Views
Post# 20232160

RE: RE: Barrick bought Arequipa after only 9 holes

RE: RE: Barrick bought Arequipa after only 9 holes

Arequipa was trading at $22 when the FIRST drill results were released. That is because the company had done extensive work on Pierina via pits and tunnels. The tunnels were over 100 meters deep. They only needed a few drill holes to confirm the deposit that was already defined by the tunnels.

Pierina was (is) an amazing epithermal deposit. Low cost and high grade. The only other deposit that I recall that exceeded Pierina was the Fruta Del Norte (Aurelian).

David.

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