Goldquest Mining Corp. · TSXV:GQC
Goldquest Mining — Investor Presentation (March 2025)
26 slides from Goldquest Mining's investor presentation, March 2025
Slide 1: An Emerging Mine Developer with Exploration Upside
An Emerging Mine Developer with Exploration Upside DOMINICAN REPUBLIC www.goldquestcorp.com MARCH 2025
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Statements contained in this presentation that are not historical facts are forward-looking information that involves known and unknown risks and uncertainties. Forward-looking statements in this presentation include, but are not limited to, statements with respect to the
Slide 3: GoldQuest (GQC.V)
GOLDQUEST (GQC.V) Developing the Romero Discovery World-class Au/Cu discovery (2012) with multi-million-ounce potential. Latest PFS Nov. 2016: 28% IRR, NPV (5%) US$202 million Awaiting Terms of Reference for ESIA to advance permitting 2025 Milestones: Completion of ESIA and BFS. Exploring –
Slide 4: Romero Project Location
ROMERO PROJECT LOCATION The Dominican Republic Strong relationship with the government and community DR is the largest and most stable economy in Central America & the Caribbean www.goldquestcorp.com | 4
Slide 5: Management Team and Board of Directors
MANAGEMENT TEAM BOARD OF DIRECTORS Veteran Team with DR Experience Technical & Financial Expertise Luis Santana, CEO Bill Fisher, Non-Executive Chairman - P.Geo • Former CEO Cardinal Namdini – Ghana • Former CEO Globestar, Chairman Aurelian and • Former CEO Veladero – Argentina VP Exploration of Bol
Slide 6: Advancing Value & Sustainability in the Dominican Republic
ADVANCING VALUE & SUSTAINABILITY IN THE DOMINICAN REPUBLIC Commitment to Social & Community Development Strengthening relationships with local communities through sustainable initiatives. Sponsoring the province’s eco-tourism development plan, fostering economic diversification. Leading a refo
Slide 7: Advancing Value & Sustainability in the Dominican Republic
ADVANCING VALUE & SUSTAINABILITY IN THE DOMINICAN REPUBLIC Advancing the Romero Project – BFS Developing a streamlined, scalable mining plan – a 7 Mt reserve with a simple, efficient “starter mine” approach. Higher gold prices present significant upside potential beyond the existing mine plan. R
Slide 8: Exploration: Tireo Belt Concessions
EXPLORATION Tireo Belt Concessions Romero Project The Romero Project is only part of GoldQuest’s emerging Tireo Mining District www.goldquestcorp.com | 8
Slide 9: Exploration Program for 2025
EXPLORATION PROGRAM FOR 2025 www.goldquestcorp.com | < # >
Slide 10: The Tireo Belt, Targets, Hydrothermal Alterations, & Core Intersections Highlights
The Tireo Belt, Targets, Hydrothermal Alterations, & Core Intersections Highlights
Slide 11: Geotech ZTEM System Resistivity
GEOTECH ZTEM SYSTEM RESISTIVITY Depth Image www.goldquestcorp.com | 11
Slide 12: Ongoing Exploration Program
ONGOING EXPLORATION PROGRAM Exploring the Tireo Belt Romero Deposit Romero South Deposit Targets occur along the mineralized trend hosting the Cachimbo Discovery and the Romero Deposits These deposits occur in clusters along plate boundaries – we are on the Atlantic/Caribbean boundary IP Chargea
Slide 13: Romero Mine Gold-Copper Starter Mine
ROMERO MINE Gold-Copper Starter Mine only considers 35% of current M&I Resource Surface Portal Ventilation Access Ramp View Looking North Production Ramp 2,800 tpd – 75% Longhole Large Stopes (up to 20m x 20m x 50m) Remaining Mineral Resources Options to expand mine as metal prices rise www.go
Slide 14: GoldQuest's Romero Gold/Copper Mine Prefeasibility Study
GOLDQUEST’S ROMERO GOLD/COPPER MINE Prefeasibility Study (to be upgraded in BFS) NPV*5% IRR* AISC* PAYBACK $203M 28% $595/OZ 2.5 YRS AFTER TAX AuEq.** HOLE LTP-94 158.6m to 160.0m 288.6 g/t Gold 5.6% Copper Polished Core Currently in the permitting phase * Net Present Value (“NPV”), Internal Rate
Slide 15: The Romero Project: Responsible Mine Design
THE ROMERO PROJECT PFS: Responsible Mine Design Minimal Surface Impact Small surface footprint over underground mine, thus minimal affect on landscape Return Wasterock Underground 65% of waste rock will be returned underground as backfill No use of Cyanide A gold/copper concentrate product wil
Slide 16: Romero Mine 2016 PFS Highlights
ROMERO MINE 2016 PFS Highlights Low Capex, High IRR, Scalable Deposit After-Tax NPV & IRR Sensitivity to Gold Price PFS Summary Results At US$1300 Au / US$2.50.lb Cu After Tax NPV5% After Tax IRR Start-Up CAPEX $158M $350 35% Sustaining CAPEX $92M $300 30% After Tax NPV5% (US$M) Throughput 2,800 tpd
Slide 17: Gold Equivalent Ounces
ROMERO MINE NPV5% IRR AFTER TAX AISC $595/OZ. PAYBACK 2.5 The Gold/Copper Concentrate $203M 28% AuEq. YEARS Starter Mine (35% of resource only) Gold Equiv. Payable Oz. 180 GOAL: maintain or exceed 150,000 oz per year (Remaining Resource = Potential) 160 153,600 Gold Equivalent Ounces 140 136,800 135
Slide 18: Thank You
Thank You Share Information Contact Information Market Capitalization** ~C$115.9 M Corporate Head Office GoldQuest Mining Corp. Shares Outstanding Ave. Gustavo Mejia Ricart 102, Edif. (Basic) 305,226,336 Corporativo 2010, Suite 302, SD, RD. Shares Outstanding Telephone: (809) 385-2222 (Fully Diluted
Slide 19: Potential Along the 50 km Tireo Project
POTENTIAL ALONG THE 50 KM TIREO PROJECT How does Romero help to find more Gold? RESISITIVITY MAG MAPPING IP CHARGEABILITY RHYOLITES+ LOW LOW ALTERATION HIGH ROMERO ROMERO SOUTH
Slide 20: How Does Romero Help Find More Gold?
HOW DOES ROMERO HELP FIND MORE GOLD? Silver Gold Copper Zinc In Soil Sampling In Soil Sampling In Soil Sampling In Soil Sampling Romero Romero South 425 425 425 425 m m m m
Slide 21: Mineral Reserve & Resource Estimate
Mineral Reserve & Resource Estimate Romero Mineral Reserve Estimate Mine Reserves Tonnes Au Ag Cu Au Eq(1) (Cutoff $70 (g/t) (oz) (g/t) (oz) (%) (M lb) (g/t) (oz) NSR)(2) Total Probable 7,031,000 3.72 840,000 4.33 980,000 0.88 136 4.9 1,117,000 (1) Au equivalent metal prices: Au $1,300/oz Cu $2.50/l
Slide 22: Romero Style Mineralization - Open in All Directions
Romero style mineralization - Open in all directions Surface sample: 168 g/t gold ?? 5 m @ 14 g/t gold, 12% zinc, 74 g/t silver 1% copper 21m @ 7.9 g/t gold 100 metres 1.8% zinc, 40 g/t silver .17% copper ?? www.goldquestcorp.com | 18
Slide 23: Development: Permitting a Mine in the Dominican Republic
DEVELOPMENT Permitting a Mine in the Dominican Republic Exploration Concession Application Process Mineral Exploration & Environmental 2005 – Ore Deposit Discovery License Application Process 2012 Sequential and time Mine intensive process of gathering and testing data to Construction find economic
Slide 24: Gold-Rich VMS Clan
Gold-Rich VMS Clan 167.5 g/t Au at surface Au Zn-Au Au Au Cachimbo Zn-Au Discovery Cu-Au Romero Project Cu-Au Cu-Au www.goldquestcorp.com | 24 Image modified from Dubé, B; Gosselin, P; Mercier-Langevin, P; Hannington, M; Galley, 2007. Mineral deposits of Canada: a synthesis of major deposit-types, d
Slide 25: GoldQuest's CSR Commitment
GoldQuest’s CSR Commitment The inclusion of communities in our activities The Planet Implementation of sustainable • Environmental environmental practices Stewardship Active participation in the sustainable economic development of the area Commitment to the safety and health of CSR employees
Slide 26: Thank You
THANK YOU www.goldquestcorp.com | < # >
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