Great Quest Metals Mobilizes for Gold Drilling
22 March 2011 - 2:23AM
Marketwired
Victor J.E. Jones, Chairman and CFO of Great Quest Metals Ltd.
("Great Quest" or "GQ") (TSX VENTURE: GQ)(FRANKFURT: GQM), reports
mobilization of geologists and drill to the Company's Sanoukou gold
project in Western Mali. The Sanoukou concession lies immediately
south of the Avion Gold Corp. Ltd. (TSX: AVR) Tabakoto-Segala mine
project, which now includes the Djambaye II gold resource
discovered by Great Quest. The target area shows extensive
orpailleurs (hand-mining) workings in an area of mineralized dykes
up to 1.2 km wide and 6 km along strike, sampled by the Company.
This initial 16 hole program will include 2500m of core drilling by
PDRM, the drilling services agency of the Malian government.
The Company has sampled the 24 km2 concession (see GQ news
release dated July 29, 2010), and compiled reported prior work by
the Bureau de Recherches Geologiques et Minieres and others which
included trenching, geophysics, and RAB drilling. That RAB drilling
reported drill intersections with of 2.56g/t over 19m; 8.9 g/t over
3m and 4.9 g/t over 3m. This drill program will again use the
Company's exploration base near Kenieba for core logging and assay
sample preparation.
Company geologists will also begin geological work on its
adjacent 42 km2 Fambina concession which has areas of orpailleur
workings and at Dabia Ouest, an 82 km2 concession to the south.
The potential of this area of the Western Mali Birimian
greenstone belt and the Loulo belt was enhanced with the recent
announcements by Avion and Randgold. Randgold has commenced mining
operations at its 5.8 million ounce Gounkoto project, hosted in
favourable tourmaline sandstone, a few kilometres to the west of
the Sanoukou project.
The Company's gold concessions are located in Western Mali and
its principal focus, the Tilemsi Phosphate project, is located in
Eastern Mali.
Tilemsi Phosphate Project
The Tilemsi concessions cover 737 km2 now permitted for
drilling. Company geologists, remote sensing and prior studies have
indicated the potential for extensive areas of phosphate
mineralization. Program and logistical plans are in final stages of
preparation for a drilling program of over 800 holes. Documentation
is in process with the customs office to permit the drill entry in
to Mali. The drilling will target several hills, where exposure of
the phosphate horizon is evident along the perimeter, to provide
data for a preliminary resource estimate.
Jed Diner (P Geo) is the Qualified Person responsible for
reviewing the contents of this News Release.
ON BEHALF OF THE BOARD OF DIRECTORS OF GREAT QUEST METALS
LTD.
Victor J.E. Jones, Chairman
Great Quest Metals Ltd. is a Canadian mineral exploration
company with assets in Mali, West Africa. The Company is focused on
developing the Tilemsi Phosphate Project, encompassing 737 km2 in
eastern Mali. The Company also holds several gold concessions in
the productive Birimian gold belt in western Mali. Great Quest is
listed on TSX Venture Exchange (GQ), and the Frankfurt Stock
Exchange (GQM).
12g3-2(b) Exemption #82-3116
Standard & Poor's Listed
The statements that are not historical facts and are
forward-looking statements involving known and unknown risks and
uncertainties could cause actual results to vary materially from
the targeted results.
Neither the TSX Venture Exchange nor its Regulation Services
Provider accepts responsibility for the adequacy or accuracy of
this release.
Contacts: Great Quest Metals Ltd. George Butterworth Investor
Relations 604-689-2882 or Toll Free: 877-325-3838 604-684-5854
(FAX) info@greatquest.com www.greatquest.com
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