Grant of Stock Options

VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd., is pleased to announce the grant of 275,000 stock options to directors, officers, consultants and employees of the Company. Each stock option entitles the holder to purchase one common share of the Company's capital stock at $0.65 for a term of five years. This stock option grant is subject to the Company's stock option plan and regulatory approval.

ON BEHALF OF THE BOARD OF DIRECTORS

"Willis W. Osborne"

Willis W. Osborne
President