• Great Quest's Sample Results Provide Additional Targets as Drilling on Kenieba Concession to Start in One Week

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to report the results of the gold sample analyses from mapping and sampling surveys conducted this winter on the Kenieba concession. The focus of results was along three zones. Seven samples from reject material dug from pits over a 308 m length near the southern part of the Kabaya 1 zone ranged from 629 to 13,860 ppb gold and averaged 3,562 ppb gold. Reject material is saprolite that has been discarded by the orpailleurs, or hand miners, because of insufficient gold for…

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  • Great Quest Extends the Length of the Djabaye 2 Gold Zone by 789 Metres

    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 the preliminary results of a geological mapping and sampling program on the Kenieba concession to precede drilling. During the program, a review of all of the previous data was completed. Results of sampling will be released when received. The most encouraging information to come out of the program is the extension of the Djambaye 2 zone to the south by 789 m for a total length of 3,131 m. This also reduces the possibility that the Djambaye 1 could be…

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  • Great Quest Extends the Length of the Djabaye 2 Gold Zone by 789 Metres

    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 the preliminary results of a geological mapping and sampling program on the Kenieba concession to precede drilling. During the program, a review of all of the previous data was completed. Results of sampling will be released when received. The most encouraging information to come out of the program is the extension of the Djambaye 2 zone to the south by 789 m for a total length of 3,131 m. This also reduces the possibility that the Djambaye 1 could be…

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  • Great Quest to Start a 2,500 Metre Drill Program on Djambaye 2 Gold Zone in Early March

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is pleased to announce the details of the start of the 2006 diamond drill program on the Kenieba concession in western Mali, West Africa. The principle target is the Djambaye 2 gold zone, which has been traced for 2,342 metres along the surface through sampling of pits. In 2005, 11 of 12 holes drilled into this zone intersected significant gold including Hole KN 06 with 12.49 m of 2.80 g/t gold, containing 2.96 m of 9.86 g/t, and Hole KN 08 with 14.59 m…

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  • Great Quest to Start a 2,500 Metre Drill Program on Djambaye 2 Gold Zone in Early March

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is pleased to announce the details of the start of the 2006 diamond drill program on the Kenieba concession in western Mali, West Africa. The principle target is the Djambaye 2 gold zone, which has been traced for 2,342 metres along the surface through sampling of pits. In 2005, 11 of 12 holes drilled into this zone intersected significant gold including Hole KN 06 with 12.49 m of 2.80 g/t gold, containing 2.96 m of 9.86 g/t, and Hole KN 08 with 14.59 m…

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  • Great Quest Directors Sell Stock to Participate in Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), wishes to advise that three of its Directors have sold 550,000 shares through the facilities of the TSX Venture Exchange at a price of $0.57 per share. With the proceeds from this sale, these three Directors will subscribe for 550,000 units of the Company's ongoing $880,000 private placement at a price of $0.55 per share. The proceeds of the private placement will be used for drilling on the Djambaye 2 gold zone, as well as other targets, in the Kenieba concession, exploration surveys on other…

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  • Great Quest Directors Sell Stock to Participate in Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), wishes to advise that three of its Directors have sold 550,000 shares through the facilities of the TSX Venture Exchange at a price of $0.57 per share. With the proceeds from this sale, these three Directors will subscribe for 550,000 units of the Company's ongoing $880,000 private placement at a price of $0.55 per share. The proceeds of the private placement will be used for drilling on the Djambaye 2 gold zone, as well as other targets, in the Kenieba concession, exploration surveys on other…

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  • Great Quest Increases $550,000 Private Placement to $880,000

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to report a $330,000 increase in the private placement announced on January 12, 2006, from $550,000 to $880,000, subject to regulatory approval. The private placement is priced at $0.55 per unit for a total of 1,600,000 units. Each unit consists of one common share and one half of a transferable share purchase warrant. Each full warrant entitles the holder to purchase one additional share in the Company's capital stock at $0.65 for a period of two years from closing. All shares…

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  • Great Quest Increases $550,000 Private Placement to $880,000

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to report a $330,000 increase in the private placement announced on January 12, 2006, from $550,000 to $880,000, subject to regulatory approval. The private placement is priced at $0.55 per unit for a total of 1,600,000 units. Each unit consists of one common share and one half of a transferable share purchase warrant. Each full warrant entitles the holder to purchase one additional share in the Company's capital stock at $0.65 for a period of two years from closing. All shares…

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  • Great Quest Directors Sell Stock to Participate in Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), wishes to advise that two of its Directors have sold 650,000 shares through the facilities of the TSX Venture Exchange at a price of $0.56 per share. These two Directors have subscribed for 650,000 units of the Company's ongoing $550,000 private placement at a price of $0.55 per share. The proceeds of the private placement will be used for drilling on the Djambaye 2 gold zone in the Kenieba concession, western Mali, West Africa, concession option payments, administration and investor relations. ON BEHALF OF THE BOARD…

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  • Great Quest Directors Sell Stock to Participate in Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), wishes to advise that two of its Directors have sold 650,000 shares through the facilities of the TSX Venture Exchange at a price of $0.56 per share. These two Directors have subscribed for 650,000 units of the Company's ongoing $550,000 private placement at a price of $0.55 per share. The proceeds of the private placement will be used for drilling on the Djambaye 2 gold zone in the Kenieba concession, western Mali, West Africa, concession option payments, administration and investor relations. ON BEHALF OF THE BOARD…

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  • Great Quest Announces $550,000 Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is pleased to announce a private placement of 1,000,000 units at $0.55 per unit for total proceeds of $550,000, subject to regulatory approval. Each unit consists of one common share and one half of a transferable share purchase warrant. Each full warrant entitles the holder to purchase one additional share in the Company's capital stock at $0.65 for a period of two years from closing. All shares issued under this private placement are subject to a four month hold period from closing. The proceeds…

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  • Great Quest Announces $550,000 Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is pleased to announce a private placement of 1,000,000 units at $0.55 per unit for total proceeds of $550,000, subject to regulatory approval. Each unit consists of one common share and one half of a transferable share purchase warrant. Each full warrant entitles the holder to purchase one additional share in the Company's capital stock at $0.65 for a period of two years from closing. All shares issued under this private placement are subject to a four month hold period from closing. The proceeds…

    CLICK HERE TO READ THE FULL ARTICLE »


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