GoldQuest Mining Corp. The Minister of Energy and Mines, Mr. Antonio Almonte, stated in an interview published in the El Dia newspaper that he will be visiting the city of San Juan in the coming weeks to speak about the Romero Gold and Copper Project with community members. The Minister also went on to state that post his visit he will be writing a report to the President of the Dominican Republic to assist in making a [...]
GoldQuest Mining Corp. On Sunday August 16th Luis Abinader was inaugurated as President of the Dominican Republic for a four year term. In his inaugural speech, the President set out his vision for his administration, stating, “We will create a favorable investment climate by guaranteeing legal security, transparency and speed in the hiring process. Furthermore, as of tomorrow, I am ordering all public institutions to [...]
GoldQuest Mining Corp. On Sunday July 5th the people of the Dominican Republic elected Mr. Luis Abinader as the next President. The Company understands that Mr. Abinader received a clear majority of the votes cast and will assume power on August 16th of this year. Mr. Abinader is the leader of the Modern Revolutionary Party, which marks the end of 16 years with the Presidency held by the Dominican Liberation Party. He [...]
GoldQuest Mining announces that the board of directors of the Company has authorized the grant of an aggregate of 3,400,000 incentive stock options to directors, officers and employees of the Company, at an exercise price of $0.20 per common share. 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 28, 2019. About GoldQuest GoldQuest is a Canadian based mineral explo... [...]
GoldQuest Mining Corp. The Dominican Republic’s Minister of Energy and Mines, Minister Isa Conde, emphasised the importance of gold mining for the Dominican economy in an interview on April 16, 2020 with a major Dominican newspaper, Diario Libre, in response to the Covid-19 crisis. Minister Isa Conde argued that gold producing countries have an important advantage. He also stated that gold mining is an ally which will [...]
GoldQuest Mining Corp. is pleased to announce that it has completed a purchase with Precipitate Gold Corp. , out of receivership/bankruptcy, drills and associated equipment sufficient to assemble up to 5 operational man-portable diamond drill rigs at a substantial discount to the assessed replacement value of the equipment. The entire inventory acquired in this transaction is currently domiciled in the Dominican Republic [...]
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 [...]