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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 Katoriff1on Oct 12, 2020 9:49am
186 Views
Post# 31703829

Barrick $$$ Hope it's good for GQC GLTA!

Barrick $$$ Hope it's good for GQC GLTA!According to the Dominican Republics chief taxman, Luis Valdez Veras, the Barrick Gold mining company has advanced some US$45 million to the Tax Agency (DGII). This is about RD$2 billion. The official said that the payment is an advance payment on taxes that come due in 2021. President Luis Abinader had announced the advance payment would be used to fill the void for funds that would have come from creating new taxes. In his Thursday, 7 October 2020 address, Abinader said an amendment would be sent to Congress to revoke the 2021 National Budget Bills new proposed taxes after a generalized protest over the new taxes. Valdez said that the government is looking into an expansion of the ITBIS tax base in 2021. In the Thursday speech, President Abinader had announced that he is convening the Social and Economic Council (CES) to meet to draft the Fiscal Pact as mandated by the National Development Strategy Law 1-12.
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