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Transaction Announcement Reports
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Project: | Tireo | |
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Deposit: | Cachimbi | |
Location: | Dominican Republic | |
Commodities: | Gold-Silver-Copper-Zinc | |
Date: | 7/13/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 13-7-2017: GoldQuest Mining Corp. announces an Exploration/Drilling Update report for its Cachimbi deposit at the Tireo project. Drilling results incl. 31.59m @ 3.16g/t Au, 11.85g/t Ag, 0.08% Cu, 0.64% Zn from 88.39m. VANCOUVER, BC--(Marketwired – 13thJul | |
Resources: | x | |
CP/QP: | [Overall Report]: Jeremy Niemi (Internal) | |
ABSTRACT: | VANCOUVER, BC--(Marketwired – 13thJuly, 2017) - GoldQuest Mining Corp. (TSX VENTURE: GQC) (FRANKFURT: M1W) (BERLIN: M1W) ("GoldQuest" or the "Company") is pleased to report assay results from the latest 4-hole batch of drill holes from its ongoing Tireo exploration drill program. The program is focused on identifying new gold systems and defining the extents of the mineralization at the recent Cachimbo Volcanogenic Massive Sulphide (VMS) Discovery. All drilling occurs within the Company’s 100% owned Tireo Concessions, which hosts the multi-million ounce Romero Project in the Dominican Republic. These results from the Cachimbo discovery follow-up holes are extremely encouraging and support the thesis that our Tireo Belt land package has the potential to materialize into a multi-deposit mining district as these VMS systems often occur in clusters,” stated Bill Fisher, GoldQuest’s Executive Chairman. “These results are very important in advancing our understanding of this new discovery zone and will help us further explore this area.” | |
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