• Great Quest Amends Warrant Terms

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce that the Company has made an application to the TSX Venture Exchange to amend the Warrant terms for 1,415,925 Warrants expiring on December 18 and 19, 2008 at an exercise price of $0.40 per share. Upon receiving TSX Venture Exchange approval, the above Warrants will expire on March 19, 2009 at an exercise price of $0.08. Under TSX Venture Exchange policy, when the Warrant terms are amended, the length of the exercise period must be shortened to 30 days, if, for…

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  • Great Quest Amends Warrant Terms

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce that the Company has made an application to the TSX Venture Exchange to amend the Warrant terms for 1,415,925 Warrants expiring on December 18 and 19, 2008 at an exercise price of $0.40 per share. Upon receiving TSX Venture Exchange approval, the above Warrants will expire on March 19, 2009 at an exercise price of $0.08. Under TSX Venture Exchange policy, when the Warrant terms are amended, the length of the exercise period must be shortened to 30 days, if, for…

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  • Great Quest Receives Further Approvals for Tilemsi Phosphate Project

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce that the Malian Government issued its definitive letter dated November 21, 2008 declaring that the Company is the successful bidder for the Tilemsi Phosphate Project. The Company entered a bid and tender process with six other companies in which Great Quest scored 23 out of 30 points, with the next closest bidder receiving 10. The award is conditional upon the Company coming to agreement with the Malian Government on the details of the purchase. The Malian Government is requiring that the…

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  • Great Quest is Granted the Right to Acquire a Majority Interest in the Tilemsi Phosphate Project in Mali

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is very pleased to announce that in last week's meeting of the Cabinet of Ministers in the Malian Government, authorization was given to Mr. Ahmadou Abdoulaye Diallo, the Minister of the Economy, Industry and Commerce, to complete exclusive negotiations with Great Quest and its partners for the acquisition of the Tilemsi phosphate project. The Tilemsi project consists of three phosphate deposits, which aligned, from northwest to southeast, include the Tamaguilelt, Chanamaguel and Tin Hina. The Tamaguilelt is located 105 kilometres northeast of the town…

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  • Great Quest is Granted the Right to Acquire a Majority Interest in the Tilemsi Phosphate Project in Mali

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is very pleased to announce that in last week's meeting of the Cabinet of Ministers in the Malian Government, authorization was given to Mr. Ahmadou Abdoulaye Diallo, the Minister of the Economy, Industry and Commerce, to complete exclusive negotiations with Great Quest and its partners for the acquisition of the Tilemsi phosphate project. The Tilemsi project consists of three phosphate deposits, which aligned, from northwest to southeast, include the Tamaguilelt, Chanamaguel and Tin Hina. The Tamaguilelt is located 105 kilometres northeast of the town…

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  • Great Quest Announces Results of the 2008 Drill Program on the Taseko Property

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce that the results from the 2008, 10 hole, 1,567 metre drill program conducted on the Company's copper-gold-molybdenum property, 225 kilometres north of Vancouver, BC. Below are the results of drilling, which took place east of the copper-gold Empress deposit: Drill Hole Interval Width Gold Copper Number (metres) (metres) (grams per tonne) (%) 08-67 100.23   -  124.00 23.77 0.286 0.50 Including 102.00   -  110.00 8.00 0.724 1.08 And 116.00   -  124.00 8.00 0.115 0.32 08-68 100.00   -  103.14 3.14 0.075 0.26 Dyke 103.14   -  111.10 7.96       111.10   -  186.84 75.74 0.149 0.20 Including 111.10   -  123.00 11.90 0.186 0.32 And 171.00   -  186.84 15.84 0.244 0.35 08-71 20.36   -    28.00 7.64 0.183 0.25   85.85   -  106.00 20.15 0.290 0.41 08-72 18.00   -    84.73 66.73 0.174 0.16 Including 39.43   -    49.65 10.22 0.313 0.29   122.00   -  133.26 11.26 0.228 0.33 Dyke 133.26   -  143.45 10.19       143.45   -  168.58 25.13 0.207 0.27 Including 143.45   -  157.00 13.55 0.285 0.35 Drill Hole 08-67 was drilled 60 metres…

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  • Great Quest Announces Results of the 2008 Drill Program on the Taseko Property

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce that the results from the 2008, 10 hole, 1,567 metre drill program conducted on the Company's copper-gold-molybdenum property, 225 kilometres north of Vancouver, BC. Below are the results of drilling, which took place east of the copper-gold Empress deposit: Drill Hole Interval Width Gold Copper Number (metres) (metres) (grams per tonne) (%) 08-67 100.23   -  124.00 23.77 0.286 0.50 Including 102.00   -  110.00 8.00 0.724 1.08 And 116.00   -  124.00 8.00 0.115 0.32 08-68 100.00   -  103.14 3.14 0.075 0.26 Dyke 103.14   -  111.10 7.96       111.10   -  186.84 75.74 0.149 0.20 Including 111.10   -  123.00 11.90 0.186 0.32 And 171.00   -  186.84 15.84 0.244 0.35 08-71 20.36   -    28.00 7.64 0.183 0.25   85.85   -  106.00 20.15 0.290 0.41 08-72 18.00   -    84.73 66.73 0.174 0.16 Including 39.43   -    49.65 10.22 0.313 0.29   122.00   -  133.26 11.26 0.228 0.33 Dyke 133.26   -  143.45 10.19       143.45   -  168.58 25.13 0.207 0.27 Including 143.45   -  157.00 13.55 0.285 0.35 Drill Hole 08-67 was drilled 60 metres…

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  • Annual General Meeting - $360,000 Private Placement Closes

    Author: Great Quest | | Categories: 2008

    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 June 5, 2008, 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 of Exploration and Jennifer Nestoruk as Secretary. The Company's Stock Option Plan received the approval of…

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  • Annual General Meeting - $360,000 Private Placement Closes

    Author: Great Quest | | Categories: 2008

    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 June 5, 2008, 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 of Exploration and Jennifer Nestoruk as Secretary. The Company's Stock Option Plan received the approval of…

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  • Great Quest'S 2008 Drill Program On The Taseko Property To Start By July 7, 2008

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the start of the 2008 summer drill program on the copper-gold-molybdenum Taseko property, 225 km north of Vancouver, BC, by Monday, July 7, 2008. The objective of the program is to increase the mineral resource in the Empress deposit and start building a mineral resource in the Granite Creek and Buzzer areas. The Company plans to drill-test four targets, which include molybdenum in the Granite Creek zone, copper-gold in and around the Empress deposit and copper-molybdenum-gold west of the Buzzer…

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  • Great Quest'S 2008 Drill Program On The Taseko Property To Start By July 7, 2008

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the start of the 2008 summer drill program on the copper-gold-molybdenum Taseko property, 225 km north of Vancouver, BC, by Monday, July 7, 2008. The objective of the program is to increase the mineral resource in the Empress deposit and start building a mineral resource in the Granite Creek and Buzzer areas. The Company plans to drill-test four targets, which include molybdenum in the Granite Creek zone, copper-gold in and around the Empress deposit and copper-molybdenum-gold west of the Buzzer…

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  • Great Quest to Start Drill Program on Taseko Property in early July

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce that the 2008 summer drill program on the copper-gold-molybdenum Taseko property, 225 km north of Vancouver, BC, will start in early July. The objective of the program is to increase the mineral resource in the Empress deposit and start building a mineral resource in the Granite Creek and Buzzer areas. The Company plans to drill-test four targets, which include molybdenum in the Granite Creek zone, copper-gold in and around the Empress deposit and copper-molybdenum-gold west of the Buzzer zone. Molybdenum in…

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  • Great Quest to Start Drill Program on Taseko Property in early July

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce that the 2008 summer drill program on the copper-gold-molybdenum Taseko property, 225 km north of Vancouver, BC, will start in early July. The objective of the program is to increase the mineral resource in the Empress deposit and start building a mineral resource in the Granite Creek and Buzzer areas. The Company plans to drill-test four targets, which include molybdenum in the Granite Creek zone, copper-gold in and around the Empress deposit and copper-molybdenum-gold west of the Buzzer zone. Molybdenum in…

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  • Great Quest Arranges $360,000 Private Placement

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce a private placement for 3,000,000 units priced at $0.12 per unit for total proceeds of $360,000, subject to regulatory approval. Each unit consists of one common share of the Company's capital stock and one half of a share purchase warrant. Each full warrant entitles the holder to purchase one additional share of the Company's capital stock at a price of $0.20 for one year from closing. A finder's fee will be paid on a portion of the private placement. All…

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  • Great Quest Arranges $360,000 Private Placement

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce a private placement for 3,000,000 units priced at $0.12 per unit for total proceeds of $360,000, subject to regulatory approval. Each unit consists of one common share of the Company's capital stock and one half of a share purchase warrant. Each full warrant entitles the holder to purchase one additional share of the Company's capital stock at a price of $0.20 for one year from closing. A finder's fee will be paid on a portion of the private placement. All…

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  • Grant of Stock Options Update on the Kenieba Area

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), wishes to report the grant of 700,000 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 $0.25 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. In other matters, Great Quest currently holds the Kenieba concession where an NI 43-101 compliant, inferred mineral resource in the Djambaye 2 gold zone…

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  • Great Quest Strengthens its Land Position in the Kenieba Area in Mali, West Africa

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the acquisition of the 8 square kilometer Comifa gold concession in Mali, West Africa, which is north, west and adjacent to the Company's Kenieba gold concession. Great Quest recently announced an increase in the NI 43-101 compliant, inferred mineral resource to 324,000 ounces of gold in the Djambaye 2 gold zone on the Kenieba gold concession. Because of the success of its exploration program in the Kenieba concession, Company management considers it an excellent opportunity to be able to add…

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  • Great Quest Increases NI 43-101 Mineral Resource on Kenieba Concession to 324,000 Ounces of Gold

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce an increase in the estimated, NI 43-101 compliant, inferred mineral resource on the north-south Djambaye 2 gold zone from 133,822 to 324,000 ounces of gold. This equates to 2,574,000 tonnes of 3.92 grams per tonne gold or 10.08 tonnes of gold. The Djambaye 2 gold zone occurs in the Kenieba gold concession, which is in the western part of Mali, where 4 gold mines occur in the important, West African Birimian gold belt. The new mineral resource estimate on the Djambaye…

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  • Great Quest Intersects 75.90 Metres of 0.027% Molybdenum on the Taseko Property

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce that the objectives of the abbreviated 2007 Taseko drill program were accomplished and confirmed the Company's priorities for continued drilling later this year. The first objective was to follow the trends of both molybdenum and copper mineralization intersected in Hole 91-49, a discovery hole drilled in 1991 in the Granite Creek zone that considerably expanded the mineral potential of the property. Hole 91-49 intersected 133 metres of 0.029% molybdenum and, separately, 89 metres of 0.23% copper and 0.007 ounces per…

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  • Great Quest Intersects 75.90 Metres of 0.027% Molybdenum on the Taseko Property

    Author: Great Quest | | Categories: 2008

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce that the objectives of the abbreviated 2007 Taseko drill program were accomplished and confirmed the Company's priorities for continued drilling later this year. The first objective was to follow the trends of both molybdenum and copper mineralization intersected in Hole 91-49, a discovery hole drilled in 1991 in the Granite Creek zone that considerably expanded the mineral potential of the property. Hole 91-49 intersected 133 metres of 0.029% molybdenum and, separately, 89 metres of 0.23% copper and 0.007 ounces per…

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