Goldquest Mining Corp. · TSXV:GQC

Goldquest Mining — Investor Presentation (March 2011)

25 slides from Goldquest Mining's investor presentation, March 2011

  1. Slide 1: March 2011 GoldQuestCorp.com

    March 2011 GoldQuestCorp.com

  2. 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 evaluating market and general economic conditions in the preceding sections, and statements

  3. Slide 3: Introduction

    Introduction • Successful explorer and developer in DR and Spain • New discoveries: • La Escandalosa 43-101 (Nov 2010) • Jengibre • Development: • Las Animas 43-101 • Toral district 43-101 (Feb 2011) • Efficient – company has levered over $6 M • A new business plan to accelerate DR discoveries to de

  4. Slide 4: Management & Directors

    Management & Directors Julio Espaillat • 30+ years ex perience in the m ining industry Chief Executive Officer • Former Ex ecutive at Falconbridge & GlobeStar Bill Fisher • 30+ years ex perience in m ining industry Executive Chairman • Former Chairm an Aurelian / CEO, GlobeStar Paul Robertson • 15+

  5. Slide 5: Foundation

    Foundation • Dominican Republic: Focused on generative exploration in since 2001 • Discovery and initial definition of two 43-101 Resources: La Escandalosa and Las Animas • Pipeline of 100%-owned prospective exploration projects with maximum permitted 30,000 hectare under concession • Spain: Toral p

  6. Slide 6: Dominican Republic Overview

    Dominican Republic Overview • Pro-mining & pro-foreign investment • Well-established, competitive mining code • Long history of mining; industry important to DR economy • Barrick / Goldcorp – $3.6 Billion Pueblo Viejo 22M Oz Gold & 117.3M Oz Silver • Xstrata – Nickel. In 2007 = 51% of total DR ex po

  7. Slide 7: Focused on District Size Projects

    Focused on District Size Projects San Juan District: • La Escandalosa, Jengibre & Los Comios projects • Epithermal / porphyry Au-Cu-Zn targets Las Anim as District: • Las Animas, La Cerca, El Toro & Guazumita Projects • Multiple Gold-Copper-Zinc Massive Sulphide targets Pueblo Viejo District: • Pied

  8. Slide 8: Exploration Districts

    Exploration Districts fi - ee eel oe YO Atlantic|Ocean r LAS ANIMAS DISTRICT - Las Animas . oan - Guazumita \ ° AR ° er 1. SAN JUAN IST. 7 . C1 Cay fF PUEBLO VIEJO DISTRICT Lae Qo ae - La Escandalos: BONAO rs : “Nengibre - Loma El Catey { ie - Los Comios EI Salto - Loma El Cai a a - Tocén De Pino _

  9. Slide 9: San Juan Projects

    San Juan Projects Rock Sample Data Au PPB | @ 5,000 to 66,000 @ 1,000 to 5,000 © 500to 1,000 Oto 500 kilometers oan

  10. Slide 10: San Juan District – La Escandalosa

    San Juan District – La Escandalosa 16 th Novem ber 2010 announcem ent • Initial NI 43-101 Resource Estimate completed, estimating a 405,000 ounces of Gold Inferred Resource: 4.8MT of 2.59 g/ t Gold Project highlights • 600m x 500m x 13.3m • Trenching: 48M @ 5.22g/t Gold • Drilling: 26m @ 11.4g/t Gol

  11. Slide 11: San Juan District

    San Juan District La Escandalosa Project Sim plified Geological Cross- Section: DDH: 18m @ 6.5 g/t Au Trench: 48m @ 5.2 g/t v v v v v v v v v v Au v v v v v v v v ?silica-sulfide sto ckwork & silicifie breccia d dacite v v v v DDH: 63m @ 2.19 g/t Au DDH:v 20m @v 0.26 g/tvAu v v v v v v v v v v v v v

  12. Slide 12: San Juan District

    San Juan District Jengibre Project Sam e geological setting as La Escandalosa • 30 kilometres southeast along trend from La Escandalosa • Soil sampling, channel sampling, drilling • Channel samples up to 59.5 m @ 1.58 g/t gold • Drilling up to 54 m @ 1.03 g/t gold • New ground surveys including 600+

  13. Slide 13: Las Animas District

    Las Animas District • Initial 43-101 compliant resource calculation completed. Indicated: 1.00MT @ 2.95 g/t Au, 2.70% Cu, 3.36% Zn & 58.6 g/t Ag. Inferred: 0.62MT @ 1.66 g/t Au, 3.32% Cu, 3.99% Zn & 31.4 g/t Ag. • Copper-zinc, gold rich VMS – similar to Perilya’s Cerro de Maimon • Within trucking di

  14. Slide 14: Las Animas District

    Las Animas District Highlights • 68 m @ 3.4% Cu, 4.0 % Zn, 1.5 g/t Au, 27 g/t Ag (not true width) • Mineralization from surface to >500m • Open at depth • District scale potential – other targets identified

  15. Slide 15: Las Animas District

    Las Animas District Soil Geochem istry very successful in the DR

  16. Slide 16: Exploration Program

    Exploration Program Dominican Republic Generative Regional Ex ploration Haiti Program : Pueblo Viejo Au m ine (Barrick- Gold • 2,600 stream sediment Corp.) samples taken • 28,500 rock and soil samples taken Santo Dom ingo • Over 50 significant targets generated

  17. Slide 17: Spain – Toral District

    Spain – Toral District • Toral district includes historic Rubiales Mine where Cominco mined over 20 Mt grading 7.3% Zn, 1.3% Pb,13 g/ t Ag. • GoldQuest’s Toral is the district’s core resource • Mining eligible for share in massive EU and National investment in region

  18. Slide 18: Toral Project

    Toral Project • GoldQuest has 100% interest in Toral project (back-in right by Lundin) • Initial NI-43-101 compliant resource: Indicated 4.04 Mt grading 6.5% Zn, 5.3% Pb, 0.11% Cu, 41g/ t Ag Inferred 4.67 Mt grading 5.4% Zn, 4.4% Pb, 0.13% Cu, 32g/ t Ag • Historical project data including ~42,000 m

  19. Slide 19: Toral Project

    Drillsite access road Power line Rail road GoldQ stCorp.com TSX-V: GQC

  20. Slide 20: Toral Project

    Toral Project GoldQuestCorp.com TSX-V: GQC

  21. Slide 21: Toral District - Lago Project (100%)

    Toral District - Lago Project (100%) •Drilled by Cominco in 1990’s • 34 holes totaling approx.10,000m •Zinc-rich, pyrite-poor, coarse-grained sulphides similar to Toral and Rubiales •Located approx. 30 minutes drive from Toral •Drill highlights (Unverified) • 1.5m @ 11.6% Zn • 1.0m @ 39% Zn • 3.0m @

  22. Slide 22: Looking Ahead 12 months

    Looking Ahead 12 months Focused Developm ent Dominican Republic • La Escandalosa • Drilling in progress • Prepare a Preliminary Scoping Study • Jengibre, Las Animas • Ongoing exploration – geophysical survey planned Spain • Move Toral district play forward to establish critical mass • Continue to ad

  23. Slide 23: Capitalization

    Capitalization • Share Price (C$) $0.40 • Shares Outstanding (M) 103.3 • Fully Diluted Shares (M) 110.9 • Market Capitalization (C$M) $41.3M • Working Capital (C$M) $3.4M • 52 Week High / Low (C$) $0.485/$0.085

  24. Slide 24: GoldQuest - Summary

    GoldQuest - Summary • Experienced leadership • Proven track record of recent gold discoveries in DR • Two recent NI 43-101 resource estimates – Escandalosa (Nov 2010) & Toral (Feb 2011) • Adding value with focused exploration efforts in DR and Spain

  25. Slide 25: For further information

    For further information: Phone: +1-604 632 4333 GoldQuestCorp.com

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