Goldquest Mining Corp. · TSXV:GQC
Goldquest Mining — Investor Presentation (March 2025)
22 slides from Goldquest Mining's investor presentation, Mar 17, 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: Romero Project Location
ROMERO PROJECT LOCATION The Dominican Republic Romero is strategically positioned to benefit from DR’s robust economic growth, political stability, and strong institutional support for responsible mining. www.goldquestcorp.com | 3
Slide 4: 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 2025 Milestones: Advance of ESIA and BFS for completion in Q1- 2026. Exploring – Unlocking the Next Major Discovery
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: Our Focus
OUR FOCUS 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 reforestation program for the San Juan River catchmen
Slide 7: Our Focus
OUR FOCUS 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. Select and contract an engineering consultant to
Slide 8: Geotech ZTEM System Resistivity
GEOTECH ZTEM SYSTEM RESISTIVITY Depth Image www.goldquestcorp.com | 8
Slide 9: 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 10: 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 11: 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 12: 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 13: 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 14: Exploration
EXPLORATION Tireo Belt Concessions Romero Project The Romero Project is only part of GoldQuest’s emerging Tireo Mining District www.goldquestcorp.com | 14
Slide 15: Ongoing Exploration Program
Ongoing Exploration Program Exploration Stage Resource Definition Advanced Exploration Target Definition
Slide 16: The Tireo Belt, Targets, Hydrothermal Alterations, & Core Intersections Highlights
The Tireo Belt, Targets, Hydrothermal Alterations, & Core Intersections Highlights
Slide 17: 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 18: 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 19: GoldQuest's Cachimbo Discovery
GOLDQUEST’S CACHIMBO DISCOVERY 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 0.17% copper ?? www.goldquestcorp.com | 18
Slide 20: 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 | 20 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 21: Development: Permitting a Mine in the Dominican Republic
DEVELOPMENT Permitting a Mine in the Dominican Republic Exploitation License Environmental License Mine Closure Approval & Rehabilitation Application Process 2015 - 2016 - Q1 - 25 / Q2 - 26 / TBD Q2 - 26 Q4 - 27 2016 2005 – Present Q2 - 26 2012 Pre-Feasibility Study Env. & Social, Mine (PFS) Impact
Slide 22: Thank You
Thank You Share Information Contact Information Market Capitalization** ~C$106.8 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
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