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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

Comment by Yonexxon Feb 26, 2022 7:30am
345 Views
Post# 34464016

RE:Gold mining in the DR is crisis insurance

RE:Gold mining in the DR is crisis insurance

Fingers crossed. The president to announce special economic measures tomorrow. It would make sense it includes activating/unfreezing their mining industry.

https://www.diariolibre.com/actualidad/nacional/2022/02/24/la-reaccion-de-abinader-ante-crisis-en-ucrania/1669117?s=16

Abinader asks the country to prepare for "special moments" due to the crisis in Ukraine

The president stated that the crisis “can drastically affect the world situation in economic terms”
 
President Luis Abinader suspended his activities scheduled for this Thursday in the interior of the country in the face of the crisis in Ukraine and summoned the Emergency Economic Cabinet for 2:00 in the afternoon to take emergency measures.
 
At 10:30 in the morning, the president attended the first pierce for the reconstruction of the kilometer 9 section of Autopista Duarte.
 
He stated that "we are facing a very special crisis situation that can drastically affect the world situation and create a new crisis in economic terms."
 
The pandemic created a disruption in distribution and production channels that has created global inflation, which could be aggravated by the conflict in Ukraine, according to Abinader .
 
This situation goes beyond the price of oil, since it also affects most raw materials, especially what has to do with wheat, soybeans and corn. Abinader recalled that Ukraine is one of the world's largest producers of these three products.
 
The president asked the country to "deal with this situation, that we are going to live special moments" and asked for confidence that the Government will respond according to its possibilities and planning in the best possible way.
 
On February 27, the special measures in the face of this reality would be announced.
 
The president said he was dismayed by the loss of human lives and reported that the Foreign Ministry has stated the position of the Dominican Republic before the United Nations (UN).
 
Abinader offered the statements at the Palace of the National Police, after leading a meeting of the Superior Police Council that discussed the reform of that institution.
 
The Russian president launched a large-scale military operation against Ukraine early Thursday morning, which he justified by the need to protect civilians in the east of that country.
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