• Great Quest Directors Sell Stock to Participate in Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), wishes to advise that three of its Directors have sold 550,000 shares through the facilities of the TSX Venture Exchange at a price of $0.57 per share. With the proceeds from this sale, these three Directors will subscribe for 550,000 units of the Company's ongoing $880,000 private placement at a price of $0.55 per share. The proceeds of the private placement will be used for drilling on the Djambaye 2 gold zone, as well as other targets, in the Kenieba concession, exploration surveys on other…

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  • Great Quest Directors Sell Stock to Participate in Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), wishes to advise that three of its Directors have sold 550,000 shares through the facilities of the TSX Venture Exchange at a price of $0.57 per share. With the proceeds from this sale, these three Directors will subscribe for 550,000 units of the Company's ongoing $880,000 private placement at a price of $0.55 per share. The proceeds of the private placement will be used for drilling on the Djambaye 2 gold zone, as well as other targets, in the Kenieba concession, exploration surveys on other…

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  • Great Quest Increases $550,000 Private Placement to $880,000

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to report a $330,000 increase in the private placement announced on January 12, 2006, from $550,000 to $880,000, subject to regulatory approval. The private placement is priced at $0.55 per unit for a total of 1,600,000 units. Each unit consists of one common share and one half of a transferable share purchase warrant. Each full warrant entitles the holder to purchase one additional share in the Company's capital stock at $0.65 for a period of two years from closing. All shares…

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  • Great Quest Increases $550,000 Private Placement to $880,000

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to report a $330,000 increase in the private placement announced on January 12, 2006, from $550,000 to $880,000, subject to regulatory approval. The private placement is priced at $0.55 per unit for a total of 1,600,000 units. Each unit consists of one common share and one half of a transferable share purchase warrant. Each full warrant entitles the holder to purchase one additional share in the Company's capital stock at $0.65 for a period of two years from closing. All shares…

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  • Great Quest Directors Sell Stock to Participate in Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), wishes to advise that two of its Directors have sold 650,000 shares through the facilities of the TSX Venture Exchange at a price of $0.56 per share. These two Directors have subscribed for 650,000 units of the Company's ongoing $550,000 private placement at a price of $0.55 per share. The proceeds of the private placement will be used for drilling on the Djambaye 2 gold zone in the Kenieba concession, western Mali, West Africa, concession option payments, administration and investor relations. ON BEHALF OF THE BOARD…

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  • Great Quest Directors Sell Stock to Participate in Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), wishes to advise that two of its Directors have sold 650,000 shares through the facilities of the TSX Venture Exchange at a price of $0.56 per share. These two Directors have subscribed for 650,000 units of the Company's ongoing $550,000 private placement at a price of $0.55 per share. The proceeds of the private placement will be used for drilling on the Djambaye 2 gold zone in the Kenieba concession, western Mali, West Africa, concession option payments, administration and investor relations. ON BEHALF OF THE BOARD…

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  • Great Quest Announces $550,000 Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is pleased to announce a private placement of 1,000,000 units at $0.55 per unit for total proceeds of $550,000, subject to regulatory approval. Each unit consists of one common share and one half of a transferable share purchase warrant. Each full warrant entitles the holder to purchase one additional share in the Company's capital stock at $0.65 for a period of two years from closing. All shares issued under this private placement are subject to a four month hold period from closing. The proceeds…

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  • Great Quest Announces $550,000 Private Placement

    Author: Great Quest | | Categories: 2006

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is pleased to announce a private placement of 1,000,000 units at $0.55 per unit for total proceeds of $550,000, subject to regulatory approval. Each unit consists of one common share and one half of a transferable share purchase warrant. Each full warrant entitles the holder to purchase one additional share in the Company's capital stock at $0.65 for a period of two years from closing. All shares issued under this private placement are subject to a four month hold period from closing. The proceeds…

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  • Great Quest Announces Samples up to 22.52 g/t Gold on Kourufin Veins

    Author: Great Quest | | Categories: 2005

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is pleased to announce the results of a sampling program on the Kourufin quartz vein located west of the Djambaye 2 gold zone in the Company's Kenieba concession in western Mali, West Africa. The Kenieba concession is south of and adjacent to the Tabakoto-Segala concessions held by Nevsun Resources. The Tabakoto gold deposit is scheduled for the start of production next month. The 2-metre-wide vein, striking 340º, has been exposed in a 45-m-long trench and has been traced a further 30 m through shallow pits.…

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  • Great Quest Announces Samples up to 22.52 g/t Gold on Kourufin Veins

    Author: Great Quest | | Categories: 2005

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is pleased to announce the results of a sampling program on the Kourufin quartz vein located west of the Djambaye 2 gold zone in the Company's Kenieba concession in western Mali, West Africa. The Kenieba concession is south of and adjacent to the Tabakoto-Segala concessions held by Nevsun Resources. The Tabakoto gold deposit is scheduled for the start of production next month. The 2-metre-wide vein, striking 340º, has been exposed in a 45-m-long trench and has been traced a further 30 m through shallow pits.…

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  • Government Report Describes Previous Discovery of Diamonds in Three Locations on Kenieti Concession

    Author: Great Quest | | Categories: 2005

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to announce the results of a report completed by the PDRM, Programme pour le Developpement des Ressources Minerales, a branch of the Ministry of Mines, Mali, West Africa, summarizing the diamond exploration which has been completed in the past on the Company's 2,149 sq km Kenieti concession in western Mali. Although the concession covers 3 kimberlites, the feature of the report was the description of the discovery of diamonds in 3 separate locations in alluvium just below the Tambaoura escarpment. The most…

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  • Government Report Describes Previous Discovery of Diamonds in Three Locations on Kenieti Concession

    Author: Great Quest | | Categories: 2005

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to announce the results of a report completed by the PDRM, Programme pour le Developpement des Ressources Minerales, a branch of the Ministry of Mines, Mali, West Africa, summarizing the diamond exploration which has been completed in the past on the Company's 2,149 sq km Kenieti concession in western Mali. Although the concession covers 3 kimberlites, the feature of the report was the description of the discovery of diamonds in 3 separate locations in alluvium just below the Tambaoura escarpment. The most…

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  • Grant of Stock Options

    Author: Great Quest | | Categories: 2005

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is pleased to announce the grant of 110,000 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. This stock option grant is subject to the Company's stock option plan and regulatory approval. ON BEHALF OF THE BOARD OF DIRECTORS "Willis W. Osborne" Willis W. Osborne, President

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  • Great Quest Announces a New Investor Relations Agreement; $220,000 Private Placement Completed

    Author: Great Quest | | Categories: 2005

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is pleased to announce the completion of an Investor Relations Agreement with George Butterworth. Mr. Butterworth will work for a minimum of three months for Great Quest during which he will be interfacing with shareholders and potential investors to inform them of the Company's activities and to explain the potential of the Company's projects. For his efforts, Mr. Butterworth will be receiving $1,500 per month from the Company. After the initial three month period, either Great Quest or Mr. Butterworth can cancel the arrangement…

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  • Great Quest Announces a New Investor Relations Agreement; $220,000 Private Placement Completed

    Author: Great Quest | | Categories: 2005

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is pleased to announce the completion of an Investor Relations Agreement with George Butterworth. Mr. Butterworth will work for a minimum of three months for Great Quest during which he will be interfacing with shareholders and potential investors to inform them of the Company's activities and to explain the potential of the Company's projects. For his efforts, Mr. Butterworth will be receiving $1,500 per month from the Company. After the initial three month period, either Great Quest or Mr. Butterworth can cancel the arrangement…

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  • High-Grade Intercept in Drill Hole KN 11-0 5 Appears to be Pipe-Like in Configuration Rather than Tabular

    Author: Great Quest | | Categories: 2005

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ),is pleased to announce the results of the final two holes of the 2005 drill program on the Djambaye 2 gold zone within the Kenieba concession in Mali, West Africa, where a total of 1,233.50 m was drilled in 12 holes. The objective of these two holes was to determine the nature of the high grade intercept, 1.05 m of 808.85 g/t gold in quartz breccia, in drill hole KN 11-05. The drill holes were spotted to test for tabular zones of quartz breccia. Both holes…

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  • High-Grade Intercept in Drill Hole KN 11-0 5 Appears to be Pipe-Like in Configuration Rather than Tabular

    Author: Great Quest | | Categories: 2005

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ),is pleased to announce the results of the final two holes of the 2005 drill program on the Djambaye 2 gold zone within the Kenieba concession in Mali, West Africa, where a total of 1,233.50 m was drilled in 12 holes. The objective of these two holes was to determine the nature of the high grade intercept, 1.05 m of 808.85 g/t gold in quartz breccia, in drill hole KN 11-05. The drill holes were spotted to test for tabular zones of quartz breccia. Both holes…

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  • Drilling Results Summary from the Djambaye 2 Gold Zone

    Author: Great Quest | | Categories: 2005

    VANCOUVER, BC - Because of the significant nature of results from our latest drill program, management believes it appropriate to make certain that all shareholders and interested investors are informed of the details. The drill program was conducted on the Djambaye 2 gold zone, on the Kenieba concession, western Mali, West Africa. This zone was discovered in May, 2004 by way of our initial pitting and sampling program in which the Company dug 24 pits to a depth of 10 to 12 metres, over a length of 392 metres. From the bottom of these pits 29 samples were taken and assayed,…

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  • Drilling Results Summary from the Djambaye 2 Gold Zone

    Author: Great Quest | | Categories: 2005

    VANCOUVER, BC - Because of the significant nature of results from our latest drill program, management believes it appropriate to make certain that all shareholders and interested investors are informed of the details. The drill program was conducted on the Djambaye 2 gold zone, on the Kenieba concession, western Mali, West Africa. This zone was discovered in May, 2004 by way of our initial pitting and sampling program in which the Company dug 24 pits to a depth of 10 to 12 metres, over a length of 392 metres. From the bottom of these pits 29 samples were taken and assayed,…

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  • Great Quest is Granted a Diamond Concession Covering Three Kimberlite Pipes

    Author: Great Quest | | Categories: 2005

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSX Venture Exchange: GQ), is very pleased to announce the granting of a 90 day Autorisation d'Exploration (AE) by the Malian Government on the 2,149 sq km Kenieti diamond concession to the Company. Under the terms of the AE, Great Quest must complete some work and submit a report within the 90 day period. The Company plans to hire an agency of the Malian Government to do a compilation report on all of the information available on this concession. The concession covers 3 known kimberlite pipes: the 0.6 hectare…

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