Business
GoldQuest Reports 224 Metres Grading 4.8 g/t Gold Equivalent from Pre-Feasibility Drilling at Romero Project
VANCOUVER, BC--(Marketwired - October 27, 2015) - GoldQuest Mining Corp. (TSX VENTURE: GQC) (FRANKFURT: M1W) (BERLIN: M1W) ("GoldQuest" or the "Company") is ple
About this update from Goldquest Mining Corp.
[{"type":"text","content":" VANCOUVER, BC--(Marketwired - October 27, 2015) - GoldQuest Mining Corp. (TSX VENTURE: GQC) (FRANKFURT: M1W) (BERLIN: M1W) (\"GoldQuest\" or the \"Company\") is pleased to report the balance of results of the remaining from its recently completed six hole 2015 drill program on its 100% owned Romero gold/copper deposit in the Dominican Republic. This pre-feasibility drill program was designed to gather material for advanced metallurgical test work and to move inferred material to the measured and indicated categories that will allow it to be included in feasibility level economic studies. All holes met expectations in terms of grade and thickness, based on the existing mineral resource block model. Highlights include LTP-165 which intersected 223.8 metres of 3.03 g/t gold, 1.22 % copper (4.77 g/t gold equivalent), which included 27.3 metres grading 11.05 g/t gold, 2.38 % copper (14.45 g/t gold equivalent). \"We are pleased with these results, especially with the overall continuity and strength of mineralization and additional high grade intervals in the upper part of the deposit that will be accessed early in the mine plan,\" commented Julio Espaillat, President and Chief Executive Officer. \"With funding in place and the drilling completed, we will move quickly to final selection of pre-feasibility study consultants to advance the Romero project towards production.\" Hole ID From (m) To (m) Interval (m) Gold g/t Copper % Zinc % Silver g/t Gold Equivalent* g/t LTP-165 78.03 90.22 12.19 2.68 0.02 0.29 8.99 2.71 and 140.21 364.0 223.79 3.03 1.22 0.14 5.31 4.77 including 158.8 186.13 27.33 11.05 2.38 0.12 12.35 14.45 and 252.66 264.0 11.34 10.97 3.30 0.12 18.60 15.68 and 314.25 321.92 7.67 13.28 1.35 0.03 2.45 15.21 LTP-166 131.27 262.0 130.73 2.08 0.65 0.17 4.25 3.01 including 140.51...