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 > Percipitate Gold Ceo on Goldquest

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Comment by PeterOffDutyon Apr 15, 2022 12:08pm

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Post# 34606482

RE:Percipitate Gold Ceo on Goldquest

Very exciting indeed! Thank you for the reminder of what we have here.

GLTA

iluv2frylies wrote: Jeff Wilson: In quick summary Precipitate Gold is a junior exploration Company, really focused on the discovery and early-stage end of the spectrum. We're looking at opportunities, property assets that have the potential to host significant size mineral deposits that ultimately, one day, can be attractive to mid-tier and major companies. We've been in the DR now, since 2012, we have three quite strategic assets there. One of which is adjacent to an existing resource, of a little over three and a half million ounces gold equivalent, which is held by a Company called Gold Quest Mining.

We are situated, immediately adjacent to that project, over about a 40-kilometer strike length of a number of targets on our ground. We have drill permits in hand and are ready to continue to explore multiple targets there, at such time as we deem it appropriate. Part of that has to do with some permitting issues, for our neighbors, that we hope are being worked out now and that will be the green light for us to become active there again.

Jeff Wilson: We expect this to be quite an active year for us. There are few moving parts and we're hoping a couple of things will fall into place here. Our expectation now is that the two key projects, in the DR, have the potential to be real catalysts. What's pending there is the granting of a development or an environmental impact study for our neighbors, Gold Quest. There have been a lot of rumblings that may be getting closer, after several years of waiting. That I think would be a real driver and a signal to the market and to foreign investors that the DR is in favor of mining and wants to see mining advance. That would give us the green light to get much more active, on our project next to them.