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Bullboard - Stock Discussion Forum 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... see more

TSXV:GQC - Post Discussion

Goldquest Mining Corp > May 3, 2022 Remember this article?
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Post by Katoriff1 on May 16, 2023 2:00pm

May 3, 2022 Remember this article?

May 3, 2022 | 10:58 am

Sectors await studies on western gold mine

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Santo Domingo.- The president of the Roundtable of the Commonwealth Countries in the Dominican Republic, Fernando Gonzlez Nicols, stated that the mining and environmental laws do not allow mining exploitation in San Juan de la Maguana ,(west) without first carrying out studies from scientific evidence that this activity will not have a negative impact on the water.

Gonzlez Nicols indicated in a press release that the law is very clear and that the decision to allow or not a mining operation in San Juan depends on the result of environmental and social studies that are pending.

“Currently, the Dominican State is not obliged to authorize a mining operation in San Juan de la Maguana, however, the law requires approval of permits for studies to be carried out,” said the representative of the Round Table.

ENVIRONMENT

 

Environment minister Orlando Jorge Mera said he has listened to sectors concerned about the future of water and the environment

He stated that it is the studies that must determine how the development of the mining activity would affect the water of San Juan. “The parties involved in the mining development understand and accept that if the studies confirm that mining will affect the water in San Juan, then there will be no mining there.”

(So if there's no risk with the study, why are we still waiting?  Just sayin'!
GLTA!):)

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