GoldQuest Mining announces that Company has granted an aggregate of 2,830,000 incentive stock options to directors, officers and employees of GoldQuest. 2,660,000 Options were granted on May 31, 2012 with an exercise price of $0.56 per share and an additional 170,000 Options were granted on June 1, 2012 with an exercise price of $0.68 per share. The Options are exercisable for a five-year period from the date of grant and [...]
GoldQuest is pleased to announce that it has increased the size of its previously-announced bought deal private placement. The Company has entered into a revised agreement with Dundee Securities on behalf of a syndicate of Underwriters including Stifel Nicolaus Canada Inc., Canaccord Genuity Corp. and Raymond James under which the Underwriters have now agreed to purchase, on a bought deal private placement basis [...]
GoldQuest is pleased to announce that it has entered into an agreement with Dundee Securities on behalf of a syndicate of Underwriters including Stifel Nicolaus Canada Inc., Canaccord Genuity Corp. and Raymond James under which the Underwriters have agreed to purchase, on a bought deal private placement basis, 11,112,000 common shares at a price per Share of $0.45 for total gross proceeds of $5,000,400 (the "Offering [...]
GoldQuest is pleased to announce that the Company has mobilized a portable drill rig to the site of its recent Romero Gold and Copper Discovery at its 100 percent owned Las Tres Palmas project. Las Tres Palmas contains Romero, and La Escandalosa Sur and Hondo Valle mineralizations. LTP 90, the only hole to date in the Romero discovery, returned an assay result of 231 metres grading 2.4 g/t gold. This true width of this [...]
GoldQuest is pleased to announce results from a 15 hole drill program at its 100-percent-owned Las Tres Palmas project, summarized in this release's Table 1. The most northerly hole, LTP 90, tested a new geophysical target and discovered the Romero gold and copper sulphide mineralization. The mineralization is open in all directions, and the vertical hole was mineralized from 33 metres below surface to 264 metres [...]
GoldQuest is pleased to announce that it has completed the sale of its Toral and Lago polymetallic exploration properties in North West Spain to Portex Minerals. Goldquest now owns 35% of Portex and is their largest shareholder. Portex holds Toral, and also the Lagoa Salgada in Portugal, both of which have recently completed NI 43-101 resource calculations (see table below), positioning Portex as a significant base metals [...]
GoldQuest is pleased to announce that its non-brokered private placement announced on January 24, 2012 of 5,500,000 units has been over-subscribed and the Company has increased the private placement to 6,600,000 units for gross proceeds of $660,000. Each unit consists of one common share of GoldQuest Mining Corp and one full share purchase warrant. Each whole warrant will entitle the holder to acquire one additional [...]
GoldQuest is pleased to announce the start of a 3,000 meter program consisting of fifteen diamond drill holes on its 100% owned La Escandalosa Concession, in the San Juan province of the Dominican Republic. The program will be focused on testing the northern and southern extensions of the known mineralization at La Escandalosa Sur, including certain new targets determined based on the combination of favourable geology [...]
GoldQuest announced today that it will carry out a C$500,000 drill program at its Escandalosa Gold Project, Dominican Republic. In addition, the Company intends to complete a non-brokered private placement, the proceeds from which the Company intends to use to help fund the drill program.
GoldQuest is pleased to announce the completion of their pre-drilling geophysical programs at the Company's 100% owned Escandalosa gold project in the Dominican Republic. A magnetic survey is complete, and detailed geological mapping of anomalous areas is ongoing, to finalize potential drill site selection. The Company currently anticipates announcing a drill program to test the anomalies identified in this pre-drilling [...]
GoldQuest is pleased to announce assay results from the last seven holes drilled in their recently completed Q4 drilling program at its La Escandalosa Sur property, located in the southwest of the Dominican Republic. These seven holes reported are part of the ten mineralized holes drilled in December 2011 for a total of 1,070 meters. Assays of the first three holes of the program, were reported in a press release by the [...]
GoldQuest is pleased to announce assay results from the first three vertical holes in their recently completed Q4 drilling program at its flagship 100 percent owned La Escandalosa property, located in the Dominican Republic. Ten holes were drilled for a total of 1,070 metres and assays from the remaining seven holes are pending.
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