VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to report a Flow-Through private placement with the Cordilleran I 2007 Partnership and five individuals for a total of $337,500, subject to regulatory approval. The financing takes advantage of the "super" flow-through provisions in BC to fund immediate work on the Company's Taseko copper-gold-molybdenum project, located in the Clinton Mining Division, British Columbia. The Company has agreed to issue 450,000 Units at a price of $0.75 per Unit, with each unit comprised of one Flow-Through share and one-half of a transferable warrant.…

VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the fifth set of results from the 2007 diamond drill program on the Djambaye 2 gold zone, Kenieba concession, western Mali, West Africa. The objective of the 2007 program has been to augment the mineral resource of 928,787 tonnes of 4.48 grams per tonne gold on the zone, as defined by Carl Verley (P. Geol.) in 2006, by deepening and lengthening the known extent of the zone through drilling. Results are as follows: --------------------------------------------------------------------- Drill Hole Interval Width Estimated True Gold Number (metres)…

VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the fifth set of results from the 2007 diamond drill program on the Djambaye 2 gold zone, Kenieba concession, western Mali, West Africa. The objective of the 2007 program has been to augment the mineral resource of 928,787 tonnes of 4.48 grams per tonne gold on the zone, as defined by Carl Verley (P. Geol.) in 2006, by deepening and lengthening the known extent of the zone through drilling. Results are as follows: --------------------------------------------------------------------- Drill Hole Interval Width Estimated True Gold Number (metres)…

Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), wishes to report the grant of 765,000 stock options to directors, officers and consultants 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. The stock options granted today are in accordance with the Company's stock option plan, and are subject to regulatory approval.

VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), reports that the Company held its Annual General Meeting on May 25, 2007, at which time Willis W. Osborne, Victor J.E. Jones, Scott B. Hean, Mahamadou Keita, and Robert Veitch were elected to the Company's board of directors. The following persons were appointed as officers: Victor J.E. Jones as Chairman and Chief Financial Officer, Willis W. Osborne as President and Chief Executive Officer, Mahamadou Keita as Vice President, Exploration and Jennifer Nestoruk as Secretary. The Company's Stock Option Plan received the approval of the…

VANCOUVER, BC -- May 30, 2007 -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the following results from its ongoing 2007 diamond drill program on the Djambaye 2 gold zone, Kenieba concession, as part of the Company's ultimate goal of establishing a mineable gold deposit in Mali. Drill Hole Interval Width Estimated True Gold Number (metres) (metres) Width (metres) (grams per tonne) KN 55-07 29.70  -    34.85 5.15 3.55 4.94 Including 31.70  -    33.10 1.40 0.97 14.53 And 90.00  -    93.20 3.20 2.21 1.47 KN 56-07 90.00  -    91.60 1.60 1.10 1.55 And 164.00  -  166.10 2.10 1.45 1.83 KN 57-07 27.90  -    31.60 3.70 2.55 1.91 Including 29.90  -    31.60 1.20 0.83 3.45 And 90.20  -    92.30 2.10 1.45 1.60 KN 58-07 84.10  -    90.10 6.00 4.14 2.58 Including 85.10  -    87.10 2.00 1.38 4.56 And 151.30  -  153.40 2.10 1.45 4.46 Including 152.30  -  153.40 1.10 0.26 7.84 KN 59-07 33.90  -    39.20 5.30 3.66 0.66 Including 37.90  -    39.20 1.30 0.90 1.51 And 101.20  -  102.55 1.35 0.93 1.73 KN 60-07 97.60  -  102.20 4.60 3.17 7.43 Including 97.60 …

VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), reports that the Company held its Annual General Meeting on May 25, 2007, at which time Willis W. Osborne, Victor J.E. Jones, Scott B. Hean, Mahamadou Keita, and Robert Veitch were elected to the Company's board of directors. The following persons were appointed as officers: Victor J.E. Jones as Chairman and Chief Financial Officer, Willis W. Osborne as President and Chief Executive Officer, Mahamadou Keita as Vice President, Exploration and Jennifer Nestoruk as Secretary. The Company's Stock Option Plan received the approval of the…

VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the appointment of Scott B. Hean, MBA, to the Board of Directors. Mr. Hean is Chief Financial Officer of Manex Resources, a privately held company that manages five TSXV junior mining exploration companies. Previously, Mr. Hean held senior management and executive positions such as Senior Vice President and Managing Director at Bank of Montreal, where he was responsible for, amongst other things, financing in the natural resources sectors in North America. He also served with J.P. Morgan of New York,…

VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the appointment of Scott B. Hean, MBA, to the Board of Directors. Mr. Hean is Chief Financial Officer of Manex Resources, a privately held company that manages five TSXV junior mining exploration companies. Previously, Mr. Hean held senior management and executive positions such as Senior Vice President and Managing Director at Bank of Montreal, where he was responsible for, amongst other things, financing in the natural resources sectors in North America. He also served with J.P. Morgan of New York,…

VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), would like to inform investors of a temporary cease trade order on the Company's stock by the BC Securities Commission as a result of a delay in filing the Company's audited 2006 year-end financial statements. The audit has been substantially completed, but there has been a late response in sending supporting documents from Mali. This has been exacerbated by what amounted to a 5-day weekend in Mali and delivery time of essentially a week. The documents are in transit and once they have been received…

VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), would like to inform investors of a temporary cease trade order on the Company's stock by the BC Securities Commission as a result of a delay in filing the Company's audited 2006 year-end financial statements. The audit has been substantially completed, but there has been a late response in sending supporting documents from Mali. This has been exacerbated by what amounted to a 5-day weekend in Mali and delivery time of essentially a week. The documents are in transit and once they have been received…

VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the following results of the continuing 2007 drill program on the Djambaye 2 gold zone, Kenieba concession, western Mali, West Africa: Drill Hole Interval Width Estimated True Gold Number (metres) (metres) Width (metres) (grams per tonne) KN 52-07 113.40  -  124.80 11.40 7.57 2.91 Including 121.85  -  123.80 1.95 1.30 14.47 KN 53-07 134.50  -  135.40 0.90 0.60 2.16 And 155.60  -  157.60 2.00 1.33 7.64 KN 54-07 90.90  -  104.40 13.50 8.97 1.26 Including 93.90  -    95.10 1.20 0.80 5.52 During the 2005 and 2006 drill programs on the Djambaye 2 zone, 11 cross-sections were established over a 1,100 metre section of the 4,000 metre long zone as defined by the occurrence of gold mineralization on the surface. In Phase…

VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the following results of the continuing 2007 drill program on the Djambaye 2 gold zone, Kenieba concession, western Mali, West Africa: Drill Hole Interval Width Estimated True Gold Number (metres) (metres) Width (metres) (grams per tonne) KN 52-07 113.40  -  124.80 11.40 7.57 2.91 Including 121.85  -  123.80 1.95 1.30 14.47 KN 53-07 134.50  -  135.40 0.90 0.60 2.16 And 155.60  -  157.60 2.00 1.33 7.64 KN 54-07 90.90  -  104.40 13.50 8.97 1.26 Including 93.90  -    95.10 1.20 0.80 5.52 During the 2005 and 2006 drill programs on the Djambaye 2 zone, 11 cross-sections were established over a 1,100 metre section of the 4,000 metre long zone as defined by the occurrence of gold mineralization on the surface. In Phase…

VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce results from six diamond drill holes on the 4,000 metre-long Djambaye 2 gold zone, Kenieba concession, western Mali, West Africa.   Width Estimated True Gold Drill Hole Interval (metres) (metres) Width (metres) (grams per tonne) KN 46-07 154.30  -  158.80 4.50 2.99 3.58 including 154.30  -  155.30 1.00 0.66 8.51 KN 47-07 81.10  -    82.60 1.50 1.30 1.23 and 152.30  -  157.05 4.75 4.11 0.89 including 155.30  -  156.30 1.00 0.87 1.36 KN 48-07 178.30  -  186.20 7.90 5.25 0.74 including 183.20  -  184.20 1.00 0.66 1.42 KN 49-07 183.10  -  188.90 5.80 3.85 2.45 including 184.10  -  185.10 1.00 0.66 5.27 KN 50-07 137.60  -  145.25 7.60 6.58 20.44 including 142.60  -  144.10 1.50 1.30 98.86 KN 51-07 126.00  -  129.40 3.40 2.94 0.86 including 128.40  -  129.40 1.00 0.87 1.55 These holes are included as part of Phase 1 of the 2007 drill program in which only one hole is drilled under each…

VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce results from six diamond drill holes on the 4,000 metre-long Djambaye 2 gold zone, Kenieba concession, western Mali, West Africa.   Width Estimated True Gold Drill Hole Interval (metres) (metres) Width (metres) (grams per tonne) KN 46-07 154.30  -  158.80 4.50 2.99 3.58 including 154.30  -  155.30 1.00 0.66 8.51 KN 47-07 81.10  -    82.60 1.50 1.30 1.23 and 152.30  -  157.05 4.75 4.11 0.89 including 155.30  -  156.30 1.00 0.87 1.36 KN 48-07 178.30  -  186.20 7.90 5.25 0.74 including 183.20  -  184.20 1.00 0.66 1.42 KN 49-07 183.10  -  188.90 5.80 3.85 2.45 including 184.10  -  185.10 1.00 0.66 5.27 KN 50-07 137.60  -  145.25 7.60 6.58 20.44 including 142.60  -  144.10 1.50 1.30 98.86 KN 51-07 126.00  -  129.40 3.40 2.94 0.86 including 128.40  -  129.40 1.00 0.87 1.55 These holes are included as part of Phase 1 of the 2007 drill program in which only one hole is drilled under each…

VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the completion of two private placements and an 869-metre extension to the strike length of gold mineralization on the Djambaye 2 gold zone in the Kenieba concession, western Mali, West Africa. On February 5, 2007, Great Quest announced a private placement of 1,300,000 units at $0.60 per unit for total proceeds of $780,000. Each unit consists of one share and one half of a transferable share purchase warrant with each full warrant entitling the holder to purchase one additional share of…

VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the completion of two private placements and an 869-metre extension to the strike length of gold mineralization on the Djambaye 2 gold zone in the Kenieba concession, western Mali, West Africa. On February 5, 2007, Great Quest announced a private placement of 1,300,000 units at $0.60 per unit for total proceeds of $780,000. Each unit consists of one share and one half of a transferable share purchase warrant with each full warrant entitling the holder to purchase one additional share of…

VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the initial results of the 2007 drill program on the Djambaye 2 gold zone, Kenieba concession, western Mali, West Africa. Below are the results of the first three diamond drill holes of the program: Drill Hole Interval (metres) Width (metres) Gold (grams per tonne) KN 43-07 147.30  -  148.50 1.20 1.46 KN 43-07 157.50  -  160.50 3.00 3.02 Including 157.50  -  158.50 1.00 5.01 KN 44-07 176.80  -  189.70 12.90 1.06 Including 188.50  -  189.70 1.20 3.12 KN 45-07 187.00  -  193.75 6.75 1.63 In 2005 and 2006, holes were drilled into the Djambaye 2 zone along 11 cross-sections over a 1,100 metre length. Phase 1 of the 2007…

VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the initial results of the 2007 drill program on the Djambaye 2 gold zone, Kenieba concession, western Mali, West Africa. Below are the results of the first three diamond drill holes of the program: Drill Hole Interval (metres) Width (metres) Gold (grams per tonne) KN 43-07 147.30  -  148.50 1.20 1.46 KN 43-07 157.50  -  160.50 3.00 3.02 Including 157.50  -  158.50 1.00 5.01 KN 44-07 176.80  -  189.70 12.90 1.06 Including 188.50  -  189.70 1.20 3.12 KN 45-07 187.00  -  193.75 6.75 1.63 In 2005 and 2006, holes were drilled into the Djambaye 2 zone along 11 cross-sections over a 1,100 metre length. Phase 1 of the 2007…

VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is very pleased to announce an agreement with Macquarie Bank Limited (Macquarie) whereby Macquarie is granted a Right of First Offer (ROFO) to provide future project-construction debt finance and hedging facilities (as applicable) to bring the Kenieba Project into commercial production on terms acceptable to both Macquarie and Great Quest. In return for granting the ROFO to Macquarie on the Kenieba concession, Macquarie will complete the $500,000 private placement announced on February 12, 2007, and participate to a minimum of $250,000 in any future private…