GoldQuest Mining Corp. is pleased to report that the Ministry of Energy and Mines of the Dominican Republic has granted a new Exploration License to the company. The Piedra Dura Exploration License total 325.50 hectares and is located north of the Romero Project. GoldQuest’s Exploitation License application for the Company’s 100% owned Gold/Copper Romero project is still under review. “We are pleased [...]
GoldQuest Mining Corp. “GoldQuest” or the “Company”) announces a corporate update. The Board of Directors of GoldQuest Mining Corp. has granted 500,000 options to an officer of the Company. The option grant is the result of the Company’s annual compensation review and the issuance is made under the stock option plan of the Company. The plan was approved by shareholders on June 29, 2018 and [...]
GoldQuest Mining announces that the board of directors has authorized the grant of an aggregate of 4,750,000 incentive stock options to officers and employees of GoldQuest, at an exercise price of $0.15 per share, which represents a greater than 35% premium to the 20 day VWAP. The Options are exercisable for a five-year period from the date of grant and will vest as follows: ⅓ on the date of grant, ⅓ on the six month anniversary from the date of the grant and ⅓ on the one year anniversary from the date of the grant. The Options are granted pursuant to the Company’s stock option plan which was most recently approved by shareholders at the Company’s annual general meeting of shareholders held on June 29, 2018. On behalf of the Board of Direct... [...]
GoldQuest Mining Corp. “GoldQuest” or the “Company”) announces today the appointment of Dave Massola as Chief Executive Officer of the Company, effective January 15, 2019. Mr. Massola has served as the Company’s Vice President, Corporate Development since October 2016. Dave Massola brings a wealth of experience to the role, with over three decades of international mining experience. Mr [...]
GoldQuest Mining Corp. “GoldQuest” or the “Company”) announces a general corporate update. The Company continues to wait for the Presidential endorsement of the Exploitation License for its Romero Project in the Dominican Republic . Granting of the License would not allow mining, but would allow GoldQuest to commence the formal Environmental and Social Impact Assessment process where environmental [...]
VANCOUVER, B.C., July 19, 2018 -- GoldQuest Mining Corp. “GoldQuest” or the “Company”) announces a corporate update on activities in the Dominican Republic, and issuance of stock options. The Company continues to await the endorsement of the Exploitation License for the Romero project, located in the San Juan Province, Dominican Republic. Romero was recommended by Minister Isa Conde, the Minister [...]
VANCOUVER, British Columbia, April 16, 2018 -- GoldQuest Mining Corp. reports that it has received the written decision of the Penal Chamber of the First Instance Court of the Judicial District of San Juan de la Maguana in response to a Constitutional Injunction “Remedy” filed by a local Dominican group against GoldQuest Dominicana SRL, the Company’s wholly owned subsidiary. Upon review of the written [...]
VANCOUVER, British Columbia, March 27, 2018 -- GoldQuest Mining Corp. reports that it has been advised that the Penal Chamber of the First Instance Court of the Judicial District of San Juan de la Maguana has reached a decision in response to a Constitutional Injunction Remedy filed by a group of individuals in the Dominican Republic against the Company’s wholly owned subsidiary, GoldQuest Dominicana SRL. The only [...]
GoldQuest Mining Corp. is pleased to report assay results from the latest seven drill holes from its Cachimbo Discovery located within the Company's 100% owned Tireo Concessions in the Dominican Republic. Mineralization at Cachimbo remains open in all directions. The Company's 50-km-long land package also hosts multiple targets areas and the multi-million-ounce gold/copper Romero Project, 22 km to the north-west, which [...]
GoldQuest Mining Corp. is pleased to report that in a press conference today in Santo Domingo that Minister Isa Conde, the Minister of Energy and Mines of the Dominican Republic, has completed his review of GoldQuest's Exploitation Permit Application for the Company's 100% owned Romero Project, approved the Application, and sent it to the President of the Republic for ratification. The Minister expressed his full support [...]
GoldQuest Mining Corp. is pleased to report that the Ministry of Mines and Energy of the Dominican Republic has granted two new Exploration Licenses to the Company. The Tocon de Pino and Hoyo Prieto Exploration Licenses are located in the centre of the Dominican Republic, with Tocon de Pino located 4 kilometres east of GoldQuest's Cachimbo discovery. Previous geophysics, mapping and sampling returned rock samples up to 42 [...]
GoldQuest Mining Corp. is pleased to report assay results from the latest drillhole and the lower part of the previous drillhole from its Cachimbo Discovery, a Volcanogenic Massive Sulphide deposit located within the Company's 100% owned Tireo Concessions in the Dominican Republic. Cachimbo remains open in all directions. The Company's 50 km long land package also hosts the multi-million-ounce gold/copper Romero Project [...]