GoldQuest: Drill results at Romero, Dominican Republic; Includes deepest mineralization to date of 123 metres grading 2.64 g/t gold and 0.33% copper
September 25, 2012, Vancouver, British Columbia - GoldQuest Mining Corp. (TSXV: GQC) (“GoldQuest” or the “Company”) is pleased to announce assay results from three holes from the Romero gold/copper discovery, within the Company's 100% owned Las Tres Palmas trend in the Dominican Republic.
LTP-99: 146 metres grading 0.42 g/t gold and 0.74% copper
Including 72 metres grading 0.51 g/t gold and 1.31% copper
LTP-100: 123 metres grading 2.64 g/t gold and 0.33% copper
(The deepest mineralization to date at the property)
“Our understanding of the mineralization at Romero continues to expand in all directions and we are particularly excited about extending to approaching 500 meters from surface. Holes LTP 98, LTP 99 and LTP 100 are in the northern section of the Induced Polarization anomaly and our current focus is on the centre and south-eastern sections of the anomaly,” commented Julio Espaillat, GoldQuest’s CEO. “We see variation in the intensity of mineralization and ratios of copper to gold which may be related to variations in porosity of the volcanic host rocks. Like all previous holes, mineralization was evident to the bottom of such holes. ”
Goldquest Mining press continues at the link below.
Disclosure: GoldQuest Mining Corp. is a Vulture Bargain Candidate of Interest (VBCI). Members of the GGR team may hold long positions in GQC.V.