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REMINDER -- QGold Initiates Preliminary Economic Assessment of its Recently Acquired Quartz Mountain Gold Project in Oregon from Alamos Gold
TORONTO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR; OTCQB: QGLDF) (" Q...
About this update from Q-gold Resources Ltd
[{"type":"text","content":"REMINDER -- QGold Initiates Preliminary Economic Assessment of its Recently Acquired Quartz Mountain Gold Project in Oregon from Alamos GoldSignificant Q4 2025 Milestone Achieved with the Appointment of Kappes Cassiday & Associates\n\n\n\n TORONTO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Q-Gold Resources Ltd. (TSXV: QGR; OTCQB: QGLDF) (\"\n \n QGold\n \n \" or the \"\n \n Company\n \n \") is pleased to announce the signing of an agreement dated November 20, 2025 with leading engineering firm Kappes, Cassiday & Associates (\"\n \n KCA\n \n \") to initiate a preliminary economic assessment (\"\n \n PEA\n \n \") on its flagship Quartz Mountain Gold Project located in Oregon, USA.\n \n\n \"Today's engagement of Kappes Cassiday, combined with our recently completed NI 43-101 technical report, positions QGold to unlock significant shareholder value from this strategically located asset in a proven historic mining district of Oregon, USA,\" commented Peter Tagliamonte, President and CEO of QGold. \"With our recently completed financing, we anticipate an exceptionally active period ahead as we advance the Quartz Mountain Gold Project through critical development milestones in 2025 and 2026.\"\n \n\n Acquired from Alamos Gold in Q3 of this year, the Quartz Mountain Gold Project is a promising gold development project in southcentral Oregon (see figure 1). The initiation of the PEA follows the recently published mineral resource estimate (the \"\n \n Mineral\n \n\n Resource\n \n\n Estimate\n \n \") in a technical report dated effective September 26, 2025, for the Quartz Mountain Gold Project. The highlights of the Mineral Resource Estimate include:\n \n\n\n An estimated 1,543,000 ounces of gold with a grade of 0.96 g/t and 2,049,000 ounces of silver with a grade of 1.27 g/t within 50,002,000 tonnes in the indicated mineral resource category\n \n\n An additional 148,000 ounces of gold with a grade of 0.77 g/t and 135,000 ounces of silver with a grade of 0.70 g/t within 5,992,000 tonnes in the inferred mineral resource category\n \n\n The Mineral Resource Estimate is amenable to conventional open-pit mining methods\n \n\n\n\n\n The PEA now underway will provide a comprehensive evaluation of the project's economic potential, including mining methods, processing options, capital and operating costs, and projected financial returns. KCA brings d...