Jay Taylor Interviews Anna Stylianides and Bill Fisher of GoldQuest (TSX.V - GQC) - Video Posted on Investmentpitch.com
(Thomson Reuters ONE) -
Vancouver, British Columbia, February 16, 2011 - Jay Taylor, Editor of J.
Taylor's Gold, Energy & Tech Stocks Report, and Publisher
atwww.jaytaylormedia.com interviews Anna Stylianides, Interim CEO and Bill
Fisher, Chairman of GoldQuest Mining Corp. (TSX.V - GQC), a Vancouver-based
exploration company with projects in the Dominican Republic and Spain.
This video is one of Jay Taylor's "Face the Analyst" series of interviews, and
is available for viewing on investmentpitch.com. If this link is not enabled,
please visit www.investmentpitch.com and enter "GoldQuest" in the search box.
GoldQuest Mining Highlights
The company commenced exploration in Dominican Republic in May 2001 and now has
several projects in that country.
In November 2010, GoldQuest announced a NI 43-101 compliant resource on its
100% owned La Escandalosa project. The initial inferred resource is 4,862,835
tonnes grading 2.596 grams per tonne gold at a nominal cut-off of 0.3 grams per
tonne of gold containing 405,924 ounces of gold. The project is open both to the
south and to the north towards another discovery of gold mineralization by the
company at Hondo Valle, approximately 1.2 kilometres north of La Escandalosa.
The sub-horizontal deposit is approximately 600 metres along strike and 500
metres wide with the average thickness of 13.3 metres. The best drill holes were
26 metres of 11.4 grams per tonne gold and 53 metres of 3 grams per tonne gold.
In December, the company deployed a rig to the project to begin a program of
approximately 30 to 40 holes totaling approximately 2,500 to 3,500 metres. The
Phase II program is focused on upgrading the NI 43-101 compliant resource
estimate at La Escandalosa and to test potential extensions along strike to the
north and south.
Anna Stylianides, GoldQuest's Interim CEO, commented, "Now that all the
necessary licenses and permits are in place, we are pleased to be in a position
to start the next phase of drilling with the objective of upgrading and
expanding on our recent resource estimate. We have had some excellent results
from La Escandalosa and are confident that further drilling will continue to
show strong mineralization and expand the resource Area. We expect a small
number of holes to be completed in December and drilling activity to accelerate
from the beginning of January. Assay results will be announced upon their
receipt and analysis by the Company."
In January 2010, GoldQuest completed the acquisition of all of the issued and
outstanding shares of Lundin Mining Exploration S.L. from Lundin Mining
Corporation, which included a 100% interest in the Toral project, located in
northwest Spain, which has a historical resource estimate of 5.4 million tonnes
grading 9% zinc, 6% lead and 45 grams per tonne silver (not calculated in
accordance with NI 43-101). The acquisition also included access to a large
exploration database covering northwest Spain - a region with excellent
potential for various styles of both precious and base-metal mineralization.
For more information on these and GoldQuest's other projects, please visit their
website at www.goldquestcorp.com, or contact Dan Maarsman Jr., at 604-632-4333
or investorrelations(at)goldquestcorp.com.
CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan(at)investmentpitch.com
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Source: InvestmentPitch via Thomson Reuters ONE
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Unternehmensinformation / Kurzprofil:
Datum: 17.02.2011 - 01:41 Uhr
Sprache: Deutsch
News-ID 51592
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