• 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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  • Great Quest Metals Closes $1,169,475 in Flow-Through and Non-Flow-Through Financings

    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 closing of non-brokered private placements of $764,600 in flow-through funds and $404,875 in non-flow-through funds. The private placements were completed in two tranches with the first tranche being completed by the MineralFields Group. This tranche consisted of 1,851,849 flow-through units priced at $0.27 per unit for proceeds of $500,000. Each flow-through unit consists of one common share and one-half of a one year, transferable share purchase warrant. Each full warrant entitles the holder to purchase one common share of the…

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  • Great Quest Metals Closes $1,169,475 in Flow-Through and Non-Flow-Through Financings

    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 closing of non-brokered private placements of $764,600 in flow-through funds and $404,875 in non-flow-through funds. The private placements were completed in two tranches with the first tranche being completed by the MineralFields Group. This tranche consisted of 1,851,849 flow-through units priced at $0.27 per unit for proceeds of $500,000. Each flow-through unit consists of one common share and one-half of a one year, transferable share purchase warrant. Each full warrant entitles the holder to purchase one common share of the…

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  • The 2007 Drill Program on the Taseko Property is the Basis for a Much Larger Drill Program in 2008

    Author: Great Quest | | Categories: 2007

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the successful completion of the 2007 drill program on the copper-gold-molybdenum Taseko property, 225 kilometres north of Vancouver, BC. The program was focused on the Empress deposit and on the Granite Creek zone, 190 metres to the north of the Empress deposit. The objective of the program was to define the trend of mineralization as well as geological setting in preparation for a much larger, 30-hole program in 2008. The first objective of the program was to establish the trend of…

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  • The 2007 Drill Program on the Taseko Property is the Basis for a Much Larger Drill Program in 2008

    Author: Great Quest | | Categories: 2007

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the successful completion of the 2007 drill program on the copper-gold-molybdenum Taseko property, 225 kilometres north of Vancouver, BC. The program was focused on the Empress deposit and on the Granite Creek zone, 190 metres to the north of the Empress deposit. The objective of the program was to define the trend of mineralization as well as geological setting in preparation for a much larger, 30-hole program in 2008. The first objective of the program was to establish the trend of…

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  • Great Quest Announces a $17,474 Increase to Total $1,169,474 in Flow-Through and Non-Flow-Through Financings

    Author: Great Quest | | Categories: 2007

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to report an increase in the best efforts, non-brokered private placement, of $14,275 to $405,876 in non-flow-through funds and an increase of $3,199 to $764,599 in flow-through funds. The non-flow-through private placement consists of 1,927,976 units priced at $0.21 per unit. Each unit consists of one common share and one, two year, transferable share purchase warrant, which will entitle the holder to purchase one additional common share of the Company's capital stock at a price of $0.30 in the first year from…

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  • Great Quest Announces a $17,474 Increase to Total $1,169,474 in Flow-Through and Non-Flow-Through Financings

    Author: Great Quest | | Categories: 2007

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to report an increase in the best efforts, non-brokered private placement, of $14,275 to $405,876 in non-flow-through funds and an increase of $3,199 to $764,599 in flow-through funds. The non-flow-through private placement consists of 1,927,976 units priced at $0.21 per unit. Each unit consists of one common share and one, two year, transferable share purchase warrant, which will entitle the holder to purchase one additional common share of the Company's capital stock at a price of $0.30 in the first year from…

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  • Great Quest Raises $1,152,000 in Flow-Through and Non-Flow-Through Financings

    Author: Great Quest | | Categories: 2007

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to report a best efforts, non-brokered private placement, of $390,600 in non-flow-through funds and 761,400 in flow-through funds. The non-flow-through private placement consists of 1,860,000 units priced at $0.21 per unit. Each unit consists of one common share and one, two year, transferable share purchase warrant, which will entitle the holder to purchase one additional common share of the Company's capital stock at a price of $0.30 in the first year from closing and $0.40 in the second year. The flow-through private placement…

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