Slide 1: The Romero Copper-Gold Discovery, Dominican Republic
The Romero Copper-Gold Discovery Dominican Republic December 2012 1 GoldQuestCorp.com
Slide 2: Forward Looking Statements
Forward Looking Statements Statements in this document, to the extent not based on historical events, constitute forward-looking statements. Forward-looking statements include, without limitation, statements regarding market and general economic conditions, exploration plans, and statements regardin
Slide 3: GoldQuest Snapshot
GoldQuest Snapshot • May 23, 2012 – Announcement of Romero Discovery hole: • 231m @ 2.4g/t gold • Discovery in the Dominican Republic (DR), mining friendly jurisdiction • Experienced board & management with previous successful development in the DR • $19M in treasury (as at Sept. 30, 2012) • Additio
Slide 4: Steps to Romero Discovery
Steps to Romero Discovery • 2001 : Exploration for gold began in Dominican Republic • 2003 : GoldFields JV initiated and Escandalosa Discovered • 2005 : Las Tres Palmas Concessions granted • 2005-2008 : San Juan Valley exploration focus • 2009 : Agreement to purchase GoldFields interest signed • 201
Slide 5: Dominican Republic Focused
Dominican Republic Focused N Atlantic Ocean Dominican Republic Caribbean Central Sea America Pacific Ocean South America 5
Slide 6: Dominican Republic Background
Dominican Republic Background • Pro-mining & pro-foreign investment • Well-established, competitive mining and tax code • Long history of resource projects; Key industry for the DR economy • Barrick / Goldcorp (Canada) – Over $4 Billion investment at Pueblo Viejo (22M Oz Gold & 117.3M Oz Silver) Fir
Slide 7: Regional Geology: Central Hispaniola
Regional Geology : Central Hispaniola • Exploring the south-west margin of Tireo Group of volcanics • Volcanics are Cretaceous age • Dacite Breccias appear to be most favorable host 7 (Map from Escuder Viruete et al., 2008)
Slide 8: Regional Geology and Concessions
Regional Geology and Concessions 8
Slide 9: Romero Landscape
Romero Landscape Romero Hondo Valle 9
Slide 10: Las Tres Palmas Trend
Las Tres Palmas Trend Hondo Valle Mineralization Includes: • LTP - 65 29 m @ 2.2 g/t gold • LTP - 02 42 m @ 1.7 g/t gold La Escandalosa Mineralization Includes: • LTP - 07 60 m @ 2.1 g/t gold • LTP - 39 26 m @ 11.4 g/t gold • LTP - 41 53 m @ 3.0 g/t gold • LTP - 62 36 m @ 2.7 g/t gold • Inferred Res
Slide 11: Chargeability and Conductivity
Chargeability and Conductivity Romero Escandalosa 11 Plan view of chargeable and conductivity response at 280m below surface from 2011 IP Survey
Slide 12: Chargeability at Romero
Chargeability at Romero W-E Section through Romero displaying chargeable response and drill hole traces from 2011 IP Survey 12
Slide 13: Romero Drilling to date
13 Romero Drilling to date FETE T1600 LTP-97 LTP-98} TP-94 So irp-1058 tte ee ee glad i bi aL TP-108 asoom 280m 2700m Zeeo0m 255 000m Status @ Reported Holes IO Pending Holes 1@ In Progress Holes felliterima e Drill Hole Legend Orientation O vei © inclined v GoldQuestCorp.com oan TSX-V: GQC
Slide 14: Current Drilling at Romero Discovery
Current Drilling at Romero Discovery 14
Slide 15: Hole LTP-93: High Grade Interval
Hole LTP-93 : High Grade Interval • 138 to 150 = 12m@26.4g/t Au &1.59% Cu Sample D-27251 138.0 to 140.0m (2.0m @ 9.9g/t Au and 1.46% Cu) Sample D-27252 140.0 to 142.0m (2.0m @ 15.7g/t Au and 2.31% Cu) Sample D-27253 142.0 to 144.0m (2.0m @ 25.7g/t Au and 1.39% Cu) 15
Slide 16: Where next?
Where next? oan TSX-V: GQC
Slide 17: Drilling to Test Full IP Anomaly
Drilling to Test Full IP Anomaly N B B’ Romero Depth: 50 to >550m 2.5km Target Area Limited Shallow Drill Coverage La Escandalosa Sur Outcropping: Inferred Resource: 3.1M tonnes @ 3.14 g/t gold, 2011 IP Survey Chargeability at 280m depth 17
Slide 18: North of Escandalosa
North of Escandalosa Drilling appears to have stopped short at La Escandalosa Romero Line 1600N 18
Slide 19: LTP – Mag and IP
19 kilometers GoldQuestCorp.com oan TSX-V: GQC
Slide 20: Gold Samples with Ground Mag
Gold Samples with Ground Mag 20
Slide 21: Copper Samples with Ground Mag
Copper Samples with Ground Mag 21
Slide 22: Phase 2 IP at Las Tres Palmas
Phase 2 IP at Las Tres Palmas 22
Slide 23: Gold: Surface Samples
23 Gold : Surface Samples 2.110,000m 2,100,000 2,080,000 2,080,000m 2,120,000 240,000 250,000 260,000 270,000m 260,000m 290,000m _| LEGEND Rock Samples je 0.5 git<Au< 1.5 git 1O1.5git<Au< 3.0 git \, San Juan Nt SI Kilometers GoldQuestCorp.com oan TSX-V: GQC
Slide 24: Copper: Surface Samples
24 Cop per : Surface Samples 240.0000m 250.000.m 260,000: 270,000 280,000 290,000 GoldQuestCorp.com oan TSX-V: GQC
Slide 25: Next Steps
Next Steps • Step-out and deep drilling at Romero discovery • Drill Las Tres Palmas IP targets • On-going IP Survey starting Q4 2012 to investigate complete Tireo land package • Keep drilling best targets A GREAT START! Sample D-27493 158.6-160m 288g/t Gold and 5.6% Copper 25
Slide 26: Contact Details
Contact Details New Office: GoldQuest Mining Corp Julio Espaillat 155 Wellington Street West Sebastian de Kloet President and CEO Suite 2920 Manager Investor Relations +1-829-919-8701 Toronto, ON +1-416-970-5277 jespaillat@goldquestcorp.com www.goldquestcorp.com sdekloet@goldquestcorp.com 26
Slide 27: GoldQuest Directors & Management
GoldQuest Directors & Management Bill Fisher • 30+ years experience in the mining industry Executive Chairman • GlobeStar (CEO), Aurelian (Chairman), Boliden AB (VP Exploration) • 30+ years experience in the mining industry Julio Espaillat • GlobeStar (Country Manager), Falconbridge (Executive) Chie