• Great Quest Metals Continues to Expand Mineral Resource on Djambaye 2 Gold Zone

    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 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…

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  • Great Quest Agrees to a Right of First Offer on any Development Expenditures for Commercial Production on the Kenieba Concession

    Author: Great Quest | | Categories: 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…

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  • Great Quest Agrees to a Right of First Offer on any Development Expenditures for Commercial Production on the Kenieba Concession

    Author: Great Quest | | Categories: 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…

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  • Great Quest Announces $500,000 Private Placement

    Author: Great Quest | | Categories: 2007

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce a non-brokered private placement financing of 833,332 units at $0.60 per unit for total proceeds of $500,000. Each unit will consist of one common share and one half of a transferable share purchase warrant. Each full warrant will entitle the holder to purchase one share of Great Quest's capital stock for $0.75 for a period of one year from closing. The shares issued under the private placement will be subject to a four-month hold period from the date of closing.…

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  • Great Quest Announces $500,000 Private Placement

    Author: Great Quest | | Categories: 2007

    Not for distribution to U.S. news wire services or dissemination in the United States. VANCOUVER, BRITISH COLUMBIA (May 1, 2015) - Great Quest Fertilizer Ltd (TSXV:GQ) ("the Company") is pleased to announce that it intends to carry out, subject to approval from the TSX Venture Exchange (the "TSX-V"), a non-brokered private placement, on a "best efforts" basis, for gross proceeds of up to $500,000 (the "Private Placement"). The Private Placement will consist of 1,666,667 units of the Company (each, a "Unit), at a price of $0.30 per Unit. Each Unit shall consist of one common share in the capital of the…

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  • Great Quest Announces $780,000 Private Placement

    Author: Great Quest | | Categories: 2007

    Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce a non-brokered private placement financing of 1,300,000 units at $0.60 per unit for total proceeds of $780,000. Each unit will consist of one common share and one half of a transferable share purchase warrant. Each full warrant will entitle the holder to purchase one share of Great Quest's capital stock for $0.75 for a period of one year from closing. The shares issued under the private placement will be subject to a four-month hold period from the date of closing. A finder's fee…

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  • Great Quest Announces $780,000 Private Placement

    Author: Great Quest | | Categories: 2007

    Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce a non-brokered private placement financing of 1,300,000 units at $0.60 per unit for total proceeds of $780,000. Each unit will consist of one common share and one half of a transferable share purchase warrant. Each full warrant will entitle the holder to purchase one share of Great Quest's capital stock for $0.75 for a period of one year from closing. The shares issued under the private placement will be subject to a four-month hold period from the date of closing. A finder's fee…

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  • Great Quest Increases Length of the Djambaye 1 Gold Zone by 2.1 Kilometres

    Author: Great Quest | | Categories: 2007

    Willis W. Osborne, president of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is very pleased to announce the probable extension to the north of the Djambaye 1 gold zone by 2,096 metres. North of the previous known limit of this zone, there is a 1,904 metre wide area of alluvium. At a point 828 metres north in the alluvium and on line with the Djambaye 1, pits were dug through the alluvium and into diorite. Just north of the alluvium, and again on line with the Djambaye 1, there is a 193 metre length of orpaillage, or hand dug…

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  • Great Quest Increases Length of the Djambaye 1 Gold Zone by 2.1 Kilometres

    Author: Great Quest | | Categories: 2007

    Willis W. Osborne, president of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is very pleased to announce the probable extension to the north of the Djambaye 1 gold zone by 2,096 metres. North of the previous known limit of this zone, there is a 1,904 metre wide area of alluvium. At a point 828 metres north in the alluvium and on line with the Djambaye 1, pits were dug through the alluvium and into diorite. Just north of the alluvium, and again on line with the Djambaye 1, there is a 193 metre length of orpaillage, or hand dug…

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  • Great Quest Starts 6000+ Metre Diamond Drill Program on Kenieba Concession

    Author: Great Quest | | Categories: 2007

    Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the start of drilling on the Djambaye 2 gold zone on the Kenieba concession, western Mali, West Africa. The plans for the first half of the year include an initial 6,000 metre diamond drill program, the building of a camp and the bringing in of an additional drill. During the 2005 and 2006 programs, Great Quest drilled 34 holes along a 1,100 metre length of the 3,131 metre strike length of the Djambaye 2. Significant intersections of gold were made in 32 of these…

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  • Great Quest Starts 6000+ Metre Diamond Drill Program on Kenieba Concession

    Author: Great Quest | | Categories: 2007

    Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the start of drilling on the Djambaye 2 gold zone on the Kenieba concession, western Mali, West Africa. The plans for the first half of the year include an initial 6,000 metre diamond drill program, the building of a camp and the bringing in of an additional drill. During the 2005 and 2006 programs, Great Quest drilled 34 holes along a 1,100 metre length of the 3,131 metre strike length of the Djambaye 2. Significant intersections of gold were made in 32 of these…

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  • Great Quest Announces $700,000 Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce a non-brokered private placement financing of 1,000,000 units at $0.70 per unit for total proceeds of $700,000. Each unit will consist of one common share and one half of a transferable share purchase warrant. Each full warrant will entitle the holder to purchase one share of Great Quest's capital stock for $0.85 for a period of one year from closing. The shares issued under the private placement will be subject to a four-month hold period from the date of closing.…

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  • Great Quest Announces $700,000 Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce a non-brokered private placement financing of 1,000,000 units at $0.70 per unit for total proceeds of $700,000. Each unit will consist of one common share and one half of a transferable share purchase warrant. Each full warrant will entitle the holder to purchase one share of Great Quest's capital stock for $0.85 for a period of one year from closing. The shares issued under the private placement will be subject to a four-month hold period from the date of closing.…

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  • Great Quest to Start a 6,000 Metre Drill Program on Kenieba Gold Concession

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the start of a minimum 6,000-metre diamond drill program next week. The main focus of the program will be on the company's featured Djambaye 2 gold zone on the Kenieba concession, western Mali, West Africa, which has been traced for 3,131 metres to date. Initially, one drill will be on site, with additional drills added once construction of a camp has been completed. In 2005 and 2006, Great Quest drilled 34 holes over a 1,100-metre length of the 3,131 metre Djambaye…

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  • Great Quest to Start a 6,000 Metre Drill Program on Kenieba Gold Concession

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the start of a minimum 6,000-metre diamond drill program next week. The main focus of the program will be on the company's featured Djambaye 2 gold zone on the Kenieba concession, western Mali, West Africa, which has been traced for 3,131 metres to date. Initially, one drill will be on site, with additional drills added once construction of a camp has been completed. In 2005 and 2006, Great Quest drilled 34 holes over a 1,100-metre length of the 3,131 metre Djambaye…

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  • Great Quest to Start a 6,000 Metre Drill Program on Kenieba Gold Concession

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the start of a minimum 6,000-metre diamond drill program next week. The main focus of the program will be on the company's featured Djambaye 2 gold zone on the Kenieba concession, western Mali, West Africa, which has been traced for 3,131 metres to date. Initially, one drill will be on site, with additional drills added once construction of a camp has been completed. In 2005 and 2006, Great Quest drilled 34 holes over a 1,100-metre length of the 3,131 metre Djambaye…

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  • Great Quest Discovers Gold in a Dyke Cross-Cutting the Main Djambaye 2 Gold Zone

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the extension in length of the Djambaye 1 and Kabaya Est gold zones as well as results from preliminary sampling on a new northwest-southeast striking diorite dyke that cross-cuts the main Djambaye 2 gold zone in the company's Kenieba concession, western Mali, West Africa. Thirty-three reject samples, taken along a 1,131-metre length of the Djambaye 1 zone, ranged from 61 to 34,545 parts per billion (ppb) gold and averaged 2,728 ppb gold. Reject samples are taken from material that was previously…

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  • Great Quest Discovers Gold in a Dyke Cross-Cutting the Main Djambaye 2 Gold Zone

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is pleased to announce the extension in length of the Djambaye 1 and Kabaya Est gold zones as well as results from preliminary sampling on a new northwest-southeast striking diorite dyke that cross-cuts the main Djambaye 2 gold zone in the company's Kenieba concession, western Mali, West Africa. Thirty-three reject samples, taken along a 1,131-metre length of the Djambaye 1 zone, ranged from 61 to 34,545 parts per billion (ppb) gold and averaged 2,728 ppb gold. Reject samples are taken from material that was previously…

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  • Great Quest Discovers New Gold Mineralization in the Bourdala Concessions

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ), is pleased to announce that recent exploration surveys in the TD area, Bourdala concessions, western Mali, West Africa, have resulted in the expansion of gold mineralization in Birimian metasediments on either side of a 25- to 50-metre wide diorite dyke. An east-west trench, 70 metres long and four metres deep, was dug across the diorite dyke. It was started just west of the five-metre-wide pit under which drill hole TD 02-02 (drilled in 2002) intersected 5.5 metres of 2.91 grams per tonne (g/t) gold from 12.1 to…

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  • Great Quest Discovers New Gold Mineralization in the Bourdala Concessions

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ), is pleased to announce that recent exploration surveys in the TD area, Bourdala concessions, western Mali, West Africa, have resulted in the expansion of gold mineralization in Birimian metasediments on either side of a 25- to 50-metre wide diorite dyke. An east-west trench, 70 metres long and four metres deep, was dug across the diorite dyke. It was started just west of the five-metre-wide pit under which drill hole TD 02-02 (drilled in 2002) intersected 5.5 metres of 2.91 grams per tonne (g/t) gold from 12.1 to…

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