Slide 1: August 2012 GoldQuestCorp.com
August 2012 GoldQuestCorp.com 1
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 Directors & Management
GoldQuest Directors & Management Julio Espaillat • 30+ years experience in the mining industry • Former Executive at Falconbridge & GlobeStar Chief Executive Officer Bill Fisher • 30+ years experience in mining industry • Former Chairman – Aurelian; CEO – GlobeStar, VP Executive Chairman Exploration
Slide 4: The Romero Discovery
The Romero Discovery PR May 23 2012 231 metres grading 2.4 g/t gold consisting of: 70 m grading 1.12 g/t gold (depleted 0.03 % copper), and 160 m @ 3.0 g/t gold and 0.62 % copper (Incl. 12 m @ 18.25 g/t gold and 2.1% copper) From 30 m – 264 m OPEN AT DEPTH Most northerly drillhole - 300 m step out O
Slide 5: GoldQuest: We Find Gold
GoldQuest: “WE FIND GOLD” • EXPLORATION PLANS – next 12 months • Focus on gold and copper exploration in Dominican Republic • Step-out drilling at Las Tres Palmas’ Romero discovery • Follow-up work on the new geophysical anomalies identified • New ground IP and Mag Surveys on La Escandalosa (Los Com
Slide 6: Dominican Republic Background
Dominican Republic Background • Pro-mining & pro-foreign investment • Well-established, competitive mining code • Long history of mining; Key industry for the DR economy • Barrick / Goldcorp (Canada) – Over $4 Billion investment at Pueblo Viejo (22M Oz Gold & 117.3M Oz Silver) Commissioning Q4 2012
Slide 7: GoldQuest: Focus on central DR
GoldQuest: Focus on central DR • Dominican Republic: 2001 Began exploration including JV with Goldfields 2004 Recognised Las Tres Palmas district as prospective 2006 Discovered La Escandalosa Sur gold resource 2010 Debut NI 43-101 Resources for both La Escandalosa Sur and high grade Las Animas polym
Slide 8: Significant Drilling
Significant Drilling Escandalosa – Debut NI 43-101 resource 2010 • 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 • LTP -83 22 m @ 6.0 g/t gold Hondo Valle Mineralization • LTP - 65 29 m @ 2.2 g/t gold • LTP - 02 42 m @ 1.7 g/t
Slide 9: Las Tres Palmas District Exploration
Las Tres Palmas District Exploration • 2011 Ground geophysics programs (Induced Polarization and magnetics completed) • Target generation based on main Zone A (Zones B and C undrilled) Zone C Low Resistivity Corridor Zone B Romero Zone A Hondo Valle N N La Escandalosa Chargeability Zones B and C Map
Slide 10: GoldQuest Property - Central Dominican
GoldQuest Property - Central Dominican • IP and mag surveys have been used to develop drill targets that found Romero • Q1 drill program was designed to investigate complete trend • Current drill program designed to test geometry of mineralization surrounding LTP 90 • Drill Program tailored as progr
Slide 11: Las Tres Palmas District
Las Tres Palmas District (includes La Escandalosa Sur, Hondo Valle, Romero) 11
Slide 12: The Romero discovery – Adjacent to GQC's Hondo Valle Field HQ
The Romero discovery – Adjacent to GQC´s Hondo Valle Field HQ Romero discovery hole . 500 m Access road GQC Field HQ 12
Slide 13: May 2012 Drilling Summary
May 2012 Drilling Summary LTP.77 160.00 168.00 8.00 .72 La Escandalosa and 198.00 202.00 4.00 0.73 LTP.78 No significant values La Escandalosa LTP.79 $227 68.00 15.73 0.91 La Escandalosa including 60.00 68.00 8.00 1.28 LTP.80 No sagnificant values La Escandalosa LTP.31 154.00 166.00 12.00 0.89 Los T
Slide 14: LTP90 - Individual Assays showing continuity
LTP90 - Individual Assays showing continuity 14
Slide 15: Las Tres Palmas Long Section
Las Tres Palmas Long Section s La Escandalosa Sur > Hondo Valle Romero N A cle ae E Gold in drill holes on Long Sections of Las Tres Palmas Trend. Gold results above 5 g/t shown as 5 g/t. Copper in drill holes on Long Sections of Las Tres Palmas Trend. kK 2.5 Km > *Most northerly hole open in all di
Slide 16: La Escandalosa Sur Resource
La Escandalosa Sur Resource • Ideal for open pit options DDH: 26m @ 11.0 g/t Au Trench: 48m @ 5.2 g/t Au v v v v v v v v v v v v v v v v v v ? silica-sulf ide stockw ork & brec silicifie cia d dacite v v v v DDH: 60m @ 2.1 g/t Au v v v v v v v v v v v v v v v v v vv v v v v v v v v v v v v v v v v v
Slide 17: La Escandalosa Sur Development
La Escandalosa Sur Development NI 43-101 Compliant Resource Inferred Resource 3.129 million tonnes @ 3.14 g/t Au (316,000 oz gold) 17
Slide 18: Cross Sections
Cross Sections FHI, 000m ZAT6 00m 16305; SACO 105m a 14 dtm 20525M wo! 200m 100M For assay data above 5g/t gold and 1% copper, please refer to the assay tables for the drill holes shown. GoldQuestCorp.con Ooh n | TSX-V: GAC
Slide 19: Current Drilling at Romero Discovery
Current Drilling at Romero Discovery 258,600 m 2,116,200m 258,500m ~s 2,116,100m ell ‘GOLDQUEST MINING West - East and North - South Cross Sections of Romero, DR; showing gold and copper grades of holes LTP-90, LTP-92, LTP-83, LTP-94, LTP-95, LTP-96 & LTP-97. IHOLE_|D. NORTHING DIP! DESCRIPTION LTP-
Slide 20: Las Tres Palmas Geological Maps
Las Tres Palmas Geological Maps 20
Slide 21: Conductivity and Chargeability 283m below ground
N N Conductivity 283m below ground (Targets in Pink) Chargeability 283m below ground (Targets in Pink) 21
Slide 22: Zoomed view of Conductivity and Chargeability (zone 2N)
Zoomed view of Conductivity Zoomed view of Chargeability 283m below ground (zone 2N), 283m below ground (zone 2N), with existing and proposed drill holes. with existing and proposed drill holes. N N 200m 200m 22
Slide 23: Las Animas Gold/Copper VMS Project
Las Animas Gold/Copper VMS Project NI 43-101 Compliant Resource Tonnes Cu Au Ag Zn Indicated 1.0Mt 2.40% 2.64 g/t 49.6 g/t 2.57% (54,289,000 lbs) (91,000 oz) Inferred 0.44Mt 2.6% 1.68 g/t 36.9 g/t 4.67% (24,790,000 lbs) (24,000 oz) Highlights of Project 10,392 metres drilled (63 holes) Infrastructur
Slide 24: Las Animas - Development Options
Las Animas - Development Options Processing options under review to justify further work U/G development planned from potential $2 million ramp 24 24
Slide 25: Portex Inc. – (35% company ownership)
Portex Inc. – (35% company ownership) • GoldQuest´s Spanish assets sold to Portex for 35% of the Iberian focused base metal Canadian Junior • Portex has an outstanding portfolio of lead/zinc assets • Toral (Spain) NI-43-101 compliant resource: » Indicated : 4.04 Mt grading 6.5% Zn, 5.3% Pb, 0.11% Cu
Slide 26: Summary
Summary • New Gold and Copper Discovery at Romero • Accretive drill results at La Escandalosa Sur and Hondo Valle • Metallurgical testing at Las Animas and La Escandalosa Sur copper / gold NI 43-101 projects • Establishment of 35% share position in Iberian explorer, Portex • Successful completion of
Slide 27: Looking Forward
Looking Forward • Drilling to follow up the discovery hole at Romero • Drill zones B and C and deeper at throughout trend • Continue work at La Escandalosa Sur, Hondo Valle and Las Animas • Develop of new exploration targets that warrant drilling at Los Comios, Jenjibre and others highly prospective
Slide 28: Capitalization
Capitalization Share Price (C$) 2012-08-24 $ 1.71 Shares Outstanding c.140 million Fully Diluted Shares c.153 million Market Capitalization (C$) $ 217 million Working Cap. (C$) approx. 2012-08-21 $ 20 million + 52 Week High / Low (C$) $ 2.03 / $ 0.04 28