GoldQuest Commences 10,000m Exploration Drill Program Surrounding the Romero Project, Dominican Republic

VANCOUVER, BC–(Marketwired – May 06, 2014) – GoldQuest Mining Corp. (TSX VENTURE: GQC) (FRANKFURT: M1W) (BERLIN: M1W) (“GoldQuest” or the “Company”) is pleased to announce that the Company has commenced a 10,000 metre exploration drill program at new target areas within its Tireo Project concessions. The drill program is designed to identify new mineralized bodies which could increase the mineral resources in the Romero Project area.

The Company has a systematic targeting approach which utilizes the airborne ZTEM survey to identify area of high priority and ground IP and surface mapping and sampling to refine drill targets.

Highlights:

  • 10,000m exploration drill program now underway
  • Targeting Romero type mineralization
  • 8 large priority areas have been identified within 4 kilometers of Romero
  • Extensive Induced Polarization (IP) program on-going to refine drill targets from airborne survey

“We are very pleased to be commencing our 2014 drill program and to build on the success of our Romero Project,” commented Julio Espaillat, GoldQuest’s CEO. “Our recent airborne program, regional mapping and ground IP have identified a number of strong targets both close to Romero and along the belt. Our goal for 2014 is to discover new deposits and to grow our resource base in this exciting new district.”

The Company has a systematic targeting approach which utilizes the airborne ZTEM survey to identify area of high priority and ground IP and surface mapping and sampling to refine drill targets. Due to their proximity to existing mineral resources, targets close to The Romero Project will be drilled first. The proximity improves the likelihood of exploration success in finding Romero styled gold-copper mineralization.

For the full press release please click here.

Category: News Story

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