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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 goldenriviton Jan 28, 2022 1:04pm
328 Views
Post# 34372125

Cachimbo

CachimboI have done extensive work on the study of VMS discoveries.Cachimbo is a black somker that was on the ocean floor at the intersection collision plate bounderies at the North American Plate.Typical VMS discoveries are between 15mt and 100+mt.The footprint of Cachimbo looks to be some where in the middle in terms of tonnage making it about twice the size of Romero.What is very odd and rare is such high gold content in Cachimbo.Most VMS discoveries world wide have very low gold content and is not the pay dirt metal.But cachimbo with over 10gt gold is very rare.This was the reason AEM was very keen on GQC as they understand Kidd Creek like  VMS and operate a Quebec VMS mine as one of its most profitable mines.What we find in VMS is they don't like Orphans and are found in clusters like a string of Pearls.So if the Romero licence is issued then Bill told me we will turn Cachimbo into swiss cheeze.Then the real fire works will light the SP on fire.Cachimbo is looking like a sleeping monster.The focus here will no longer be on the licence but the geology once again in the near term.Now that would be nice.



as one of it most profitable mines.









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