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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

Post by Buckfinderon Jan 17, 2021 2:35am
461 Views
Post# 32314714

Goldquest bought 5 drill rigs.... see NR

Goldquest bought 5 drill rigs.... see NR David Massola, CEO, concluded, “We are pleased that the Minister of Energy and Mines continues to understand the economic impact of gold mining projects. We believe that our Romero project fits perfectly into the goals and objectives of Minister Isa Conde’s statement. With gold prices at their current level, the Company expects that the benefit to the Dominican economy identified in the Romero PFS would be significantly higher, in addition to potential exploration potential along the whole 50 km Tireo belt. GoldQuest is well positioned to re-activate its exploration activities with the recent purchase, with fellow explorer Precipitate Gold, of 5 Dominican domiciled drill rigs (see the Company’s press release dated January 17, 2020).”
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