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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
Post by ilafalot2on Feb 14, 2013 8:32am
396 Views
Post# 20986622

It's Totally Our Fault

It's Totally Our Fault

Have a look at the photo of the Los Comios concession showing the fault line (dotted) running right across the concession.  The company has reported ten grab samples running over 10% copper on this elevated land.  We may be drilling here in the next few months.  

With all the focus on Romero and surroundings, it's easy to forget that there is a possibility that we may also be sitting on a huge copper resource.  The whole hillside could be mineralised, for all we know.

Just in case one needs a back of the envolope calculation of how good 10% copper is, that rock is worth well over $700 per tonne, equivalent to roughly 15 gms of gold.  

Bullboard Posts