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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 iluv2buyemon Nov 30, 2022 9:07am
173 Views
Post# 35139155

National Post says Mr. Bautista one of the world's 15

National Post says Mr. Bautista one of the world's 15 We all know this , Canada says it in the National Post

NP says Goldquest in a pickle in the Dominican Republic

Goldquest Mining Corp (C:GQC)
Shares Issued 259,442,384
Last Close 11/29/2022 $0.155
Wednesday November 30 2022 - In the News

The National Post reports in its Wednesday, Nov. 30, edition that Goldquest Mining found gold and copper in 2012 in the southwestern hills of the Dominican Republic. The Post's Tom Blackwell writes that by late 2015, Goldquest applied for an operational permit that would allow it to move to the next stage. Seven years and $44-million in investment later, however, Goldquest is still waiting for an answer. Two consecutive Dominican presidents have let the application languish, as a vocal protest movement led by environmentalists and politicians turn the mine into a partisan hot potato. The most prominent face of that protest is the senator for San Juan province, Felix Bautista, once named among the most corrupt individuals in the world and sanctioned under the U.S. Magnitsky law for allegedly ripping off Haiti's earthquake recovery efforts. He has held protest marches against the mine. Goldquest argues that opposition to the mine is built on lies -- primarily that the company will use cyanide to process the extracted minerals and draw water from a local river, both of which it has stressed repeatedly will not happen. In 2014 Transparency International named Mr. Bautista one of the world's 15 most corrupt individuals.

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