GoldQuest Mining (TSX: V.GQC, Stock Forum) Tuesday reported assay results from three holes from the Romero gold/copper discovery, within the company's 100% owned Las Tres Palmas trend in the Dominican Republic, this according to a company news release.
Highlights included 123 metres grading 2.64 g/t gold and 0.33% copper, which the company added is the deepest mineralization to date at the property.
"Our understanding of the mineralization at Romero continues to expand in all directions and we are particularly excited about extending to approaching 500 meters from surface. Holes LTP 98, LTP 99 and LTP 100 are in the northern section of the Induced Polarization anomaly and our current focus is on the centre and south-eastern sections of the anomaly," said GoldQuest CEO Julio Espaillat in a statement.
"We see variation in the intensity of mineralization and ratios of copper to gold which may be related to variations in porosity of the volcanic host rocks. Like all previous holes, mineralization was evident to the bottom of such holes."