• Great Quest Announces $700,000 Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce a non-brokered private placement financing of 1,000,000 units at $0.70 per unit for total proceeds of $700,000. Each unit will consist of one common share and one half of a transferable share purchase warrant. Each full warrant will entitle the holder to purchase one share of Great Quest's capital stock for $0.85 for a period of one year from closing. The shares issued under the private placement will be subject to a four-month hold period from the date of closing.…

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  • Great Quest Announces $700,000 Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce a non-brokered private placement financing of 1,000,000 units at $0.70 per unit for total proceeds of $700,000. Each unit will consist of one common share and one half of a transferable share purchase warrant. Each full warrant will entitle the holder to purchase one share of Great Quest's capital stock for $0.85 for a period of one year from closing. The shares issued under the private placement will be subject to a four-month hold period from the date of closing.…

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  • Great Quest to Start a 6,000 Metre Drill Program on Kenieba Gold Concession

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the start of a minimum 6,000-metre diamond drill program next week. The main focus of the program will be on the company's featured Djambaye 2 gold zone on the Kenieba concession, western Mali, West Africa, which has been traced for 3,131 metres to date. Initially, one drill will be on site, with additional drills added once construction of a camp has been completed. In 2005 and 2006, Great Quest drilled 34 holes over a 1,100-metre length of the 3,131 metre Djambaye…

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  • Great Quest to Start a 6,000 Metre Drill Program on Kenieba Gold Concession

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the start of a minimum 6,000-metre diamond drill program next week. The main focus of the program will be on the company's featured Djambaye 2 gold zone on the Kenieba concession, western Mali, West Africa, which has been traced for 3,131 metres to date. Initially, one drill will be on site, with additional drills added once construction of a camp has been completed. In 2005 and 2006, Great Quest drilled 34 holes over a 1,100-metre length of the 3,131 metre Djambaye…

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  • Great Quest to Start a 6,000 Metre Drill Program on Kenieba Gold Concession

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the start of a minimum 6,000-metre diamond drill program next week. The main focus of the program will be on the company's featured Djambaye 2 gold zone on the Kenieba concession, western Mali, West Africa, which has been traced for 3,131 metres to date. Initially, one drill will be on site, with additional drills added once construction of a camp has been completed. In 2005 and 2006, Great Quest drilled 34 holes over a 1,100-metre length of the 3,131 metre Djambaye…

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  • Great Quest Discovers Gold in a Dyke Cross-Cutting the Main Djambaye 2 Gold Zone

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the extension in length of the Djambaye 1 and Kabaya Est gold zones as well as results from preliminary sampling on a new northwest-southeast striking diorite dyke that cross-cuts the main Djambaye 2 gold zone in the company's Kenieba concession, western Mali, West Africa. Thirty-three reject samples, taken along a 1,131-metre length of the Djambaye 1 zone, ranged from 61 to 34,545 parts per billion (ppb) gold and averaged 2,728 ppb gold. Reject samples are taken from material that was previously…

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  • Great Quest Discovers Gold in a Dyke Cross-Cutting the Main Djambaye 2 Gold Zone

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the extension in length of the Djambaye 1 and Kabaya Est gold zones as well as results from preliminary sampling on a new northwest-southeast striking diorite dyke that cross-cuts the main Djambaye 2 gold zone in the company's Kenieba concession, western Mali, West Africa. Thirty-three reject samples, taken along a 1,131-metre length of the Djambaye 1 zone, ranged from 61 to 34,545 parts per billion (ppb) gold and averaged 2,728 ppb gold. Reject samples are taken from material that was previously…

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  • Great Quest Discovers New Gold Mineralization in the Bourdala Concessions

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ), is pleased to announce that recent exploration surveys in the TD area, Bourdala concessions, western Mali, West Africa, have resulted in the expansion of gold mineralization in Birimian metasediments on either side of a 25- to 50-metre wide diorite dyke. An east-west trench, 70 metres long and four metres deep, was dug across the diorite dyke. It was started just west of the five-metre-wide pit under which drill hole TD 02-02 (drilled in 2002) intersected 5.5 metres of 2.91 grams per tonne (g/t) gold from 12.1 to…

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  • Great Quest Discovers New Gold Mineralization in the Bourdala Concessions

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ), is pleased to announce that recent exploration surveys in the TD area, Bourdala concessions, western Mali, West Africa, have resulted in the expansion of gold mineralization in Birimian metasediments on either side of a 25- to 50-metre wide diorite dyke. An east-west trench, 70 metres long and four metres deep, was dug across the diorite dyke. It was started just west of the five-metre-wide pit under which drill hole TD 02-02 (drilled in 2002) intersected 5.5 metres of 2.91 grams per tonne (g/t) gold from 12.1 to…

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  • Great Quest Announces November Start to 2006-07 Drill Program in Mali, West Africa

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - November 2, 2006 - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is very pleased to announce that the company's 2006-2007 drill program on the Kenieba gold concession in western Mali, West Africa, will begin in late November. This drilling program has the following objectives: Continued definition and expansion of the inferred mineral resource in the Djambaye 2 gold zone Further testing of the Djambaye 1 gold zone to assess the possibilities of defining a mineral resource Preliminary testing on other zones within the Kenieba concession Initially, one drill will be on site. Great Quest expects…

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  • Great Quest Announces November Start to 2006-07 Drill Program in Mali, West Africa

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - November 2, 2006 - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is very pleased to announce that the company's 2006-2007 drill program on the Kenieba gold concession in western Mali, West Africa, will begin in late November. This drilling program has the following objectives: Continued definition and expansion of the inferred mineral resource in the Djambaye 2 gold zone Further testing of the Djambaye 1 gold zone to assess the possibilities of defining a mineral resource Preliminary testing on other zones within the Kenieba concession Initially, one drill will be on site. Great Quest expects…

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  • Great Quest Announces Preliminary Inferred Mineral Resource on Djambaye 2 Gold Zone of 4,164,200 Grams or 133,882 Ounces of Gold

    Author: Great Quest | | Categories: 2006

    View News Release in PDF Format VANCOUVER, BC - October 12, 2006 - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to announce the results of a preliminary mineral reserve estimate on the Company's Djambaye 2 gold zone, Kenieba concession, western Mali, West Africa. This estimate, made by the Company's consultant, Carl Verley (P. Geo.), provides an inferred mineral resource, per the CIM Definition Standards on Mineral Resources and Mineral Reserves 2004, to a depth of approximately 100 metres for the gold mineralized quartz veined rhyodacite and diorite dykes that constitute the northerly…

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  • Great Quest Announces Preliminary Inferred Mineral Resource on Djambaye 2 Gold Zone of 4,164,200 Grams or 133,882 Ounces of Gold

    Author: Great Quest | | Categories: 2006

    View News Release in PDF Format VANCOUVER, BC - October 12, 2006 - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to announce the results of a preliminary mineral reserve estimate on the Company's Djambaye 2 gold zone, Kenieba concession, western Mali, West Africa. This estimate, made by the Company's consultant, Carl Verley (P. Geo.), provides an inferred mineral resource, per the CIM Definition Standards on Mineral Resources and Mineral Reserves 2004, to a depth of approximately 100 metres for the gold mineralized quartz veined rhyodacite and diorite dykes that constitute the northerly…

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  • Great Quest to Continue Exploration on TD Concession

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), announces that because of the new information acquired on the TD concession during the summer survey, a follow-up program will start in mid-September. The TD concession is one of the Bourdala group of concessions in western Mali, West Africa. It is the area of extensive orpaillage where over 1,500 women orpailleurs or hand-miners were working last summer. The women have worked the surface over an area of up to 50 by 300 metres north-south, and the work has exposed some of the geology. North of…

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  • Great Quest to Continue Exploration on TD Concession

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), announces that because of the new information acquired on the TD concession during the summer survey, a follow-up program will start in mid-September. The TD concession is one of the Bourdala group of concessions in western Mali, West Africa. It is the area of extensive orpaillage where over 1,500 women orpailleurs or hand-miners were working last summer. The women have worked the surface over an area of up to 50 by 300 metres north-south, and the work has exposed some of the geology. North of…

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  • Great Quest Intersects One Metre of 56.77 Grams per Tonne Gold in a Second Zone

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to announce results of Phase 3 of the 2006 diamond-drill program on the Kenieba concession, western Mali, West Africa. Phase 1 and 2 of the 2006 drill program consisted of testing the Djambaye 2 gold zone to east and south. The Djambaye 2 zone has been the Company's main area of focus of drilling in 2005 and 2006. During Phase 3, Great Quest tested 4 additional zones, the Djambaye 1, Sansanto, Konate and an unnamed zone in the Kabaya 1 area.…

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  • Great Quest Intersects One Metre of 56.77 Grams per Tonne Gold in a Second Zone

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to announce results of Phase 3 of the 2006 diamond-drill program on the Kenieba concession, western Mali, West Africa. Phase 1 and 2 of the 2006 drill program consisted of testing the Djambaye 2 gold zone to east and south. The Djambaye 2 zone has been the Company's main area of focus of drilling in 2005 and 2006. During Phase 3, Great Quest tested 4 additional zones, the Djambaye 1, Sansanto, Konate and an unnamed zone in the Kabaya 1 area.…

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  • Great Quest Intersects One Metre of 65.32 g/t Gold in Hole KN 35-06 and One Metre of 20.71 g/t Gold in Hole KN 36-06

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to announce results of the next three holes on the Djambaye 2 gold zone within the Kenieba concession in western Mali, West Africa. Below a ------------------------------------------------------------------- Gold Drill Hole Interval (metres) Width (metres) (grams per tonne) ------------------------------------------------------------------- KN 34-06 70.50 - 90.40 19.90 0.70 ------------------------------------------------------------------- Including 88.40 - 89.40 1.00 7.07 ------------------------------------------------------------------- KN 35-06 111.90 - 127.10 15.20 5.37 ------------------------------------------------------------------- Including 111.90 - 114.90 3.00 24.27 ------------------------------------------------------------------- Also Including 111.90 - 112.90 1.00 65.32 ------------------------------------------------------------------- KN 36-06 109.90 - 121.10 11.20 3.49 ------------------------------------------------------------------- Including 115.95 - 121.10 5.15 6.47 ------------------------------------------------------------------- Also Including 116.70…

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  • Great Quest Intersects One Metre of 65.32 g/t Gold in Hole KN 35-06 and One Metre of 20.71 g/t Gold in Hole KN 36-06

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to announce results of the next three holes on the Djambaye 2 gold zone within the Kenieba concession in western Mali, West Africa. Below a ------------------------------------------------------------------- Gold Drill Hole Interval (metres) Width (metres) (grams per tonne) ------------------------------------------------------------------- KN 34-06 70.50 - 90.40 19.90 0.70 ------------------------------------------------------------------- Including 88.40 - 89.40 1.00 7.07 ------------------------------------------------------------------- KN 35-06 111.90 - 127.10 15.20 5.37 ------------------------------------------------------------------- Including 111.90 - 114.90 3.00 24.27 ------------------------------------------------------------------- Also Including 111.90 - 112.90 1.00 65.32 ------------------------------------------------------------------- KN 36-06 109.90 - 121.10 11.20 3.49 ------------------------------------------------------------------- Including 115.95 - 121.10 5.15 6.47 ------------------------------------------------------------------- Also Including 116.70…

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  • Great Quest Has Commenced an Exploration Survey in the Bourdala Area, a Site of Extensive Orpaillage

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is pleased to announce that an IP survey, as well as geological mapping and sampling programs are currently in progress on the Bourdala concessions in western Mali, West Africa. The IP survey will test known gold mineralization in the TD, Bourdala Sud Ouest and possibly the Nanike Sodjigui areas to trace the extension of zones intersected in drilling. In the Bourdala Sud Ouest area, Drill Hole 06-BR intersected 10 m of 3.92 g/t gold and 5 m of 8.63 g/t gold, while in the…

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