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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Comment by zadmanon Sep 01, 2014 11:28am

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Post# 22894979

RE:Non Gold deposits at GQC-Zinc-Silver-Copper-etc

Copper bi-products allow gqc to report all in sustaining costs of gold production at approx $350/ounce which is basically unachievable for a gold only deposit. So yes, the PEA is already factoring in the value of the copper in the deposit. It is also giving some modest credits for silver but no direct mention of zinc.

From what I can tell based on market reaction, the market remains concerned with the high up front capital costs of building the mine but I am far from an expert. Maybe someone else can shed more light.

Zad

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