• PEA for Tilemsi Phosphate Indicates US$ 649m NPV at 10% Discount Rate

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BRITISH COLUMBIA (December 18, 2012) -- Great Quest Metals Ltd ("Great Quest" or the "Company") (TSX-V: GQ, FRANKFURT: GQM) announces the results of an initial NI 43-101 compliant Preliminary Economic Assessment ("PEA" or the "Report"), the first step in the development of its Tilemsi Phosphate Project, located in Mali, West Africa. The Report was prepared by Gaya Resources Development Ltd and will be available on SEDAR within 45 days. Tilemsi Project Background The PEA is a scoping-level study on the development of the Tilemsi phosphate resource and is based on an initial Inferred Mineral Resource of 50 million tonnes ("Mt"), grading…

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  • Great Quest Increases the Tilemsi Phosphate Inferred Resource (Mali) by over 50%, to 50 Million Tonnes, and Appoints Dr. Robert Rennie as Company Advisor.

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BRITISH COLUMBIA (October 23, 2012) - Joel Jeangrand, President and CEO of Great Quest Metals Ltd. (the "Company") (TSX-V: GQ, FRANKFURT: GQM) is pleased to announce that an updated resource estimate on the Tilemsi Phosphate Project has resulted in an increase of 17.4 million tonnes of inferred phosphate resource at an average grade of 25.9% P2O5. At a 10% cut-off grade, the updated resource estimate represents a 53% increase of the Tilemsi phosphate resource reported by Great Quest in the NI 43-101 Technical Report filed in August 2012. Together with the previously estimated resources on the Alfachatfa and Tin…

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  • Great Quest Grants Stock Options

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BRITISH COLUMBIA - Subject to TSX Venture Exchange approval, Great Quest Metals Ltd. (TSX-V: GQ, FRANKFURT: GQM) has granted stock options to directors to purchase an aggregate of up to 200,000 common shares at a price of $0.87 per share for a five year period, in accordance with its Stock Option Plan. ON BEHALF OF THE BOARD OF DIRECTORS OF GREAT QUEST METALS LTD. "Joel Jeangrand" President, CEO & Director For more information, please contact: Candice Font: Tel +1 604-689-2882 Toll Free: 1 877-325-3838 About Great Quest: Great Quest Metals Ltd. is a Canadian mineral exploration company with assets in Mali, West Africa. The Company is focused on…

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  • Great Quest Completes $1,152,850 Private Placement and Appoints Investor Relations & Communications Manager

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BRITISH COLUMBIA (September 17, 2012) - Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX-V: GQ, FRANKFURT: GQM) is pleased to announce it has completed the brokered and non-brokered private placements announced on September 11, 2012, placing an aggregate of 1,356,295 units (the "Units") of the Company at a price of $0.85 per Unit for total gross proceeds of $1,152,850 (the "Offering"). Insiders' participation amounted to around 10% of the private placement. Each Unit consists of one common share and one half of a transferable common share purchase warrant (a "Warrant"). Each whole Warrant entitles the holder to…

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  • Great Quest Agrees to a Private Placement of $1,152,850

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BRITISH COLUMBIA (September 11th, 2012) -- Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX-V: GQ, FRANKFURT: GQM) is pleased to announce that it has agreed, subject to the approval of the TSX Venture Exchange, to complete a brokered and a non-brokered private placement totalling 1,356,295 units at $0.85 per unit (the "Private Placement") for gross proceeds of CAD $1,152,850. The brokered private placement was led by sole agent Pope & Company (the "Agent"). Each unit consists of one common share and one half of a transferable common share purchase warrant (a "Warrant"). Each whole Warrant entitles the…

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  • Great Quest Files NI 43-101 Technical Report on SEDAR for the Tilemsi Phosphate Project, Mali

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BRITISH COLUMBIA (August 23, 2012) - Joel Jeangrand, President and CEO of Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX-V: GQ, FRANKFURT: GQM) is pleased to announce that, further to its news release of November 8, 2011, the Company has filed a National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate with respect to its Tilemsi Phosphate Project, located in eastern Mali, West Africa. This document entitled "Tilemsi Phosphate Project, Mali - Resource Estimate" (the "Report"), dated August 16, 2012 was prepared for Great Quest by Jed Diner (M.Sc., P.Geol.), an Independent Qualified Person as defined by NI…

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  • Great Quest Files NI 43-101 Technical Report on SEDAR for the Tilemsi Phosphate Project, Mali

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BRITISH COLUMBIA (August 23, 2012) - Joel Jeangrand, President and CEO of Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX-V: GQ, FRANKFURT: GQM) is pleased to announce that, further to its news release of November 8, 2011, the Company has filed a National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate with respect to its Tilemsi Phosphate Project, located in eastern Mali, West Africa. This document entitled "Tilemsi Phosphate Project, Mali - Resource Estimate" (the "Report"), dated August 16, 2012 was prepared for Great Quest by Jed Diner (M.Sc., P.Geol.), an Independent Qualified Person as defined by NI…

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  • Great Quest Metals appoints Jayram Hosanee as Chief Financial Officer

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BC -- Joel Jeangrand, President & CEO of Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX-V:GQ) is pleased to announce the appointment of Mr. Jayram (Jay) Hosanee as Chief Financial Officer effective July 16, 2012. Mr. Hosanee is a General Certified Accountant who brings over 20 years of senior management experience in corporate finance, auditing and internal control. Prior to joining Great Quest, he held the position of CFO at Mineral Hill Industries Inc. and Golden Dawn Minerals Inc. His international experience includes multi-currency group consolidation, overseeing financial reporting and regulatory compliance of several publicly listed companies. He…

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  • Great Quest Metals signs Memorandum of Understanding with IFDC for market and technical studies on Tilemsi Phosphate

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BC - Joel Jeangrand, President & CEO of Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX-V:GQ) is pleased to announce that a memorandum of understanding ("MOU") was signed retaining the International Fertilizer Development Center ("IFDC") to conduct specific market and technical studies for its Tilemsi Phosphate Project. IFDC has extensive knowledge of the fertilizer value chain and various market dynamics in West Africa. The market study will evaluate the current market for phosphate both as direct application fertilizer and as a component for blended NPK fertilizer. In addition, IFDC will provide ongoing technical assistance for such matters…

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  • Great Quest Metals signs Memorandum of Understanding with IFDC for market and technical studies on Tilemsi Phosphate

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BC - Joel Jeangrand, President & CEO of Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX-V:GQ) is pleased to announce that a memorandum of understanding ("MOU") was signed retaining the International Fertilizer Development Center ("IFDC") to conduct specific market and technical studies for its Tilemsi Phosphate Project. IFDC has extensive knowledge of the fertilizer value chain and various market dynamics in West Africa. The market study will evaluate the current market for phosphate both as direct application fertilizer and as a component for blended NPK fertilizer. In addition, IFDC will provide ongoing technical assistance for such matters…

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  • Great Quest to Pursue Natural Phosphate Production

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BC - Joel Jeangrand, President & CEO of Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX-V:GQ) is pleased to announce plans to pursue development of a natural phosphate product for sale in West Africa. The Company is highly satisfied with the results of the recent metallurgical tests, and believes that the results indicate significant economic potential for the phosphate product derived from the Tilemsi Phosphate Project (Tilemsi). The Company will now seek to complete a preliminary economic assessment, to quantify capital and operating costs, and analyze the markets for the proposed products. Results from beneficiation, granulation, and solubility…

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  • Tilemsi Phosphate Shows Excellent Potential for Low Cost Direct Application

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BC - Joel Jeangrand, CEO of Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX-V:GQ) is pleased to announce the successful completion of solubility tests carried out on the Tilemsi Phosphate Project in Eastern Mali by MINTEK South Africa and the Company's consultant Gaya Resources Development ("Gaya"). The results from the solubility tests indicated that the phosphate rock from the Project has high potential as direct application fertilizer, as compared to the R.B. Diamond Rock Phosphate Classification. The high solubility of the non-beneficiated phosphate rock indicates the rock could be used as a very low cost phosphate component…

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  • Great Quest Appoints Mr. Joel Jeangrand as President and Chief Executive Officer

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BRITISH COLUMBIA -(Marketwire - April 2, 2012) - The Board of Directors of Great Quest Metals Ltd. (TSX VENTURE:GQ)(FRANKFURT:GQM) ("Great Quest" or the "Company") is pleased to announce that it has appointed Mr. Joel Jeangrand as President and Chief Executive Officer, as well as Director of the Company, effective April 2, 2012. Mr. Jeangrand will focus on corporate growth through the development stages of its phosphate and gold assets in Mali, West Africa. Joel Jeangrand has more than 20 years of global experience in marketing, business and corporate development in the natural resource sector and renewable energy business. Prior to…

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  • Great Quest Appoints Mr. Joel Jeangrand as President and Chief Executive Officer

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BRITISH COLUMBIA -(Marketwire - April 2, 2012) - The Board of Directors of Great Quest Metals Ltd. (TSX VENTURE:GQ)(FRANKFURT:GQM) ("Great Quest" or the "Company") is pleased to announce that it has appointed Mr. Joel Jeangrand as President and Chief Executive Officer, as well as Director of the Company, effective April 2, 2012. Mr. Jeangrand will focus on corporate growth through the development stages of its phosphate and gold assets in Mali, West Africa. Joel Jeangrand has more than 20 years of global experience in marketing, business and corporate development in the natural resource sector and renewable energy business. Prior to…

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  • Great Quest Monitoring Situation In Mali

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BC -- John A Clarke, CEO of Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX-V:GQ) reports that the Company is monitoring the military action in Mali. The Company continues to advance its project through the engineering testwork being completed in South Africa and maintains its plans to resume work on the ground after the planned elections next month. Mali has over a twenty year history of democratic rule and expectations are that this tradition will continue. The Company will comment further once details and official news become available. ON BEHALF OF THE BOARD OF DIRECTORS OF GREAT QUEST…

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  • Great Quest Receives Positive Results From Beneficiation Tests of Tilemsi Phosphate

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BC -- John Clarke, CEO of Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX-V:GQ) is pleased to announce the successful completion of initial beneficiation tests carried out on the Tilemsi Phosphate Project in Eastern Mali by MINTEK South Africa and the Company's consultant Gaya Resources Development ("Gaya"). Phosphate rock from the Tilemsi Project displayed good characteristics for effective beneficiation. Samples used in the beneficiation tests assayed between 26% and 32% P2O5. Phosphate primarily exists in the larger size fractions, with 98% recovery achieved by screening for material larger than 106 microns. Silica, aluminum and iron can be reduced…

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  • Great Quest Receives Successful Granulation Test From Tilemsi Phosphate

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BC - John Clarke, CEO of Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX-V:GQ) is pleased to announce the successful completion of the initial granulation test carried out on the Tilemsi Phosphate Project in Eastern Mali by MINTEK South Africa and the Company's consultant Gaya Resources Development ("Gaya"). Gaya reports that the granulation of Tilemsi phosphate rock should be feasible with relative ease with the use of a rotating pan. Successful granulation is an important step for the development of a low cost phosphate product for local use. Direct application phosphate products are of increasing popularity throughout Africa,…

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  • Tilemsi Phosphate Project Phase 2 Expands Target Areas and Pits yield an Average of 29.3% P2O5

    Author: Great Quest | | Categories: 2012

    View News Release in PDF Format VANCOUVER, BC - John A Clarke, CEO of Great Quest Metals Ltd. ("Great Quest", "GQ", or "the Company")(TSXV: GQ; Frankfurt: GQM), is pleased to report the results of the Phase 2 exploration, geological and drilling work on the Tilemsi Phosphate Project. The Tilemsi project area comprises three concessions covering 1206 sq km in eastern Mali, near the town of Bourem, which is situated on the Niger River. The Phase 2 program included the following activities: Digging of 11 pits in proximity to selected drill holes of the Phase 1 Rotary Air Blast (RAB) drilling program, mostly…

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  • Tilemsi Phosphate Project Phase 2 Expands Target Areas and Pits yield an Average of 29.3% P2O5

    Author: Great Quest | | Categories: 2012

    View News Release in PDF Format VANCOUVER, BC - John A Clarke, CEO of Great Quest Metals Ltd. ("Great Quest", "GQ", or "the Company")(TSXV: GQ; Frankfurt: GQM), is pleased to report the results of the Phase 2 exploration, geological and drilling work on the Tilemsi Phosphate Project. The Tilemsi project area comprises three concessions covering 1206 sq km in eastern Mali, near the town of Bourem, which is situated on the Niger River. The Phase 2 program included the following activities: Digging of 11 pits in proximity to selected drill holes of the Phase 1 Rotary Air Blast (RAB) drilling program, mostly…

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  • Great Quest Receives Positive Results From Beneficiation Tests of Tilemsi Phosphate

    Author: Great Quest | | Categories: 2012

    VANCOUVER, BC -- John Clarke, CEO of Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX-V:GQ) is pleased to announce the successful completion of initial beneficiation tests carried out on the Tilemsi Phosphate Project in Eastern Mali by MINTEK South Africa and the Company's consultant Gaya Resources Development ("Gaya"). Phosphate rock from the Tilemsi Project displayed good characteristics for effective beneficiation. Samples used in the beneficiation tests assayed between 26% and 32% P2O5. Phosphate primarily exists in the larger size fractions, with 98% recovery achieved by screening for material larger than 106 microns. Silica, aluminum and iron can be reduced…

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