• Great Quest Extends the Djambaye 2 Gold Zone an Additional 907 Metres

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd., is very pleased to announce an extension of 907 metres to the previously reported 1,435 metre length of the Djambaye 2 gold zone for a total of 2,342 metres. Evidence for the extension is shown in the table below. The number under "Metres" is the distance north from the most northerly sample from the original 1,435 metre length. Quartz vein is abbreviated as "QV". ---------------------------------------------------------------------- Pit Number Metres Grams/Tonne Gold Rock Description ---------------------------------------------------------------------- Previously reported pit - 3.39 Quartz and Chlorite ---------------------------------------------------------------------- P-66 147 0.99 QV in Diorite ---------------------------------------------------------------------- Old Pit 192 6.87 QV in…

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  • Great Quest Extends the Djambaye 2 Gold Zone an Additional 907 Metres

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd., is very pleased to announce an extension of 907 metres to the previously reported 1,435 metre length of the Djambaye 2 gold zone for a total of 2,342 metres. Evidence for the extension is shown in the table below. The number under "Metres" is the distance north from the most northerly sample from the original 1,435 metre length. Quartz vein is abbreviated as "QV". ---------------------------------------------------------------------- Pit Number Metres Grams/Tonne Gold Rock Description ---------------------------------------------------------------------- Previously reported pit - 3.39 Quartz and Chlorite ---------------------------------------------------------------------- P-66 147 0.99 QV in Diorite ---------------------------------------------------------------------- Old Pit 192 6.87 QV in…

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  • Great Quest Announces the Start of Exploration on the Alamoutala Ouest Concession

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (the "Company") (TSX Venture Exchange: GQ), is pleased to announce the start of an exploration program on the 10 sq. km. Alamoutala Ouest concession in western Mali, West Africa. The concession is located between the Sadiola and Yatela gold mines and 10 to 9 km from each. The Alamoutala deposit of approximately 600,000 ounces of gold is within a kilometer. The program is designed to consist mainly of geological mapping as well as soil sampling and should be completed in a couple of weeks. ON BEHALF OF THE BOARD OF…

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  • Great Quest Announces the Start of Exploration on the Alamoutala Ouest Concession

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (the "Company") (TSX Venture Exchange: GQ), is pleased to announce the start of an exploration program on the 10 sq. km. Alamoutala Ouest concession in western Mali, West Africa. The concession is located between the Sadiola and Yatela gold mines and 10 to 9 km from each. The Alamoutala deposit of approximately 600,000 ounces of gold is within a kilometer. The program is designed to consist mainly of geological mapping as well as soil sampling and should be completed in a couple of weeks. ON BEHALF OF THE BOARD OF…

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  • Annual General Meeting Results and Current Activities

    Author: Great Quest | | Categories: 2004

    Annual General Meeting The Company wishes to advise it held its Annual General Meeting on June 24, 2004 at which time Willis W. Osborne, Victor J.E. Jones and Mahamadou Keita were re-elected to the Company's board of directors. Willis W. Osborne was appointed as Chief Executive Officer, Chief Financial Officer and President of the Company and Jennifer Nestoruk was appointed as Secretary of the Company. Adoption of Stock Option Plan The Company also wishes to announce the Company's disinterested shareholders approved the adoption of a stock option plan that provides for the granting of options for the purchase of shares equal to 10%…

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  • Annual General Meeting Results and Current Activities

    Author: Great Quest | | Categories: 2004

    Annual General Meeting The Company wishes to advise it held its Annual General Meeting on June 24, 2004 at which time Willis W. Osborne, Victor J.E. Jones and Mahamadou Keita were re-elected to the Company's board of directors. Willis W. Osborne was appointed as Chief Executive Officer, Chief Financial Officer and President of the Company and Jennifer Nestoruk was appointed as Secretary of the Company. Adoption of Stock Option Plan The Company also wishes to announce the Company's disinterested shareholders approved the adoption of a stock option plan that provides for the granting of options for the purchase of shares equal to 10%…

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  • Great Quest Announces $150,000 Private Placement Work to Commence on Djambaye 2 Zone Immediately

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (the "Company") (TSX Venture Exchange: GQ), is pleased to announce a private placement of $150,000 for 300,000 units at $0.50 per unit. Each unit consists of one share and one half share purchase warrant. Each full warrant entitles the holder to purchase one share of the Company at $0.65 for one year from closing. There is a 4 months hold period on the shares. The proceeds of the private placement will be used for exploration programs on the Djambaye 2 zone and the Alamoutala Ouest concession as well…

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  • Great Quest Announces $150,000 Private Placement Work to Commence on Djambaye 2 Zone Immediately

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (the "Company") (TSX Venture Exchange: GQ), is pleased to announce a private placement of $150,000 for 300,000 units at $0.50 per unit. Each unit consists of one share and one half share purchase warrant. Each full warrant entitles the holder to purchase one share of the Company at $0.65 for one year from closing. There is a 4 months hold period on the shares. The proceeds of the private placement will be used for exploration programs on the Djambaye 2 zone and the Alamoutala Ouest concession as well…

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  • Great Quest Reports Results of Geological Mapping and Pitting on the Kenieba Concession

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (the "Company") (TSX Venture Exchange: GQ), is very pleased to announce the results of the recent geological mapping, pitting and sampling along the Djambaye 2 zone in the Kenieba concession, western Mali, West Africa. The initial phase of the program consisted of digging 24 pits along a 392 metre stretch of the north-south zone. Twenty-one of the pits were dug to a depth of 10 to 12 metres and sampled at the bottom. Pits 18, 23, and 24 were dug to a depth of 2 to 3 m. In the…

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  • Great Quest Reports Results of Geological Mapping and Pitting on the Kenieba Concession

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (the "Company") (TSX Venture Exchange: GQ), is very pleased to announce the results of the recent geological mapping, pitting and sampling along the Djambaye 2 zone in the Kenieba concession, western Mali, West Africa. The initial phase of the program consisted of digging 24 pits along a 392 metre stretch of the north-south zone. Twenty-one of the pits were dug to a depth of 10 to 12 metres and sampled at the bottom. Pits 18, 23, and 24 were dug to a depth of 2 to 3 m. In the…

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  • Great Quest Finds More Anomalous Gold over Two Large Diorite Dikes in Kabaya 1 Zone

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (the "Company") (TSX Venture Exchange: GQ), is very pleased to announce the results of geological mapping, soil sampling and pitting over a 400 x 1200 metre area along the Kabaya 1 zone, which is highly anomalous in gold and is located in the Kenieba concession, Mali, West Africa. Mapping has partly defined two 50 to 75+ metre wide diorite dikes separated by a 25 to 65 m wide zone of greenschist. The dikes strike 45°, although in the northeastern part of the area mapped, the northwestern dike appears to…

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  • Great Quest Finds More Anomalous Gold over Two Large Diorite Dikes in Kabaya 1 Zone

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (the "Company") (TSX Venture Exchange: GQ), is very pleased to announce the results of geological mapping, soil sampling and pitting over a 400 x 1200 metre area along the Kabaya 1 zone, which is highly anomalous in gold and is located in the Kenieba concession, Mali, West Africa. Mapping has partly defined two 50 to 75+ metre wide diorite dikes separated by a 25 to 65 m wide zone of greenschist. The dikes strike 45°, although in the northeastern part of the area mapped, the northwestern dike appears to…

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  • Great Quest Shares Trading on Berlin Bremen Stock Exchange

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd., is very pleased to announce that the Company has been listed on the Berlin Bremen Stock Exchange. Berliner Freiverkehr (Aktien) AG, which is one of the largest German brokerage firms, act as the market maker for the Company on this exchange which they classify as an unofficial regulated market. The symbol of Great Quest on the Berlin Bremen Stock Exchange is GQM, and the German Cusip Number is CA3909121038. The advantages of trading Great Quest stock in Berlin are numerous. It allows an avenue for the Company to disseminate…

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  • Great Quest to Start Pre-Drill Program on Area of Extensive Orpaillage

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd., is pleased to announce the start of a pre-drilling program on the Kenieba concession, which is south of and adjacent to Nevsun's land package, covering the Tabakoto and Segala deposits in western Mali, West Africa. . The program includes soil sampling and geological mapping of the 7 km long Djambaye zone where the local miners (orpailleurs) have been digging pits in the search for and recovery of gold for 300 years. A one (1) sq km area along this zone was previously mapped and soil sampled with the result…

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  • Great Quest to Start Pre-Drill Program on Area of Extensive Orpaillage

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd., is pleased to announce the start of a pre-drilling program on the Kenieba concession, which is south of and adjacent to Nevsun's land package, covering the Tabakoto and Segala deposits in western Mali, West Africa. . The program includes soil sampling and geological mapping of the 7 km long Djambaye zone where the local miners (orpailleurs) have been digging pits in the search for and recovery of gold for 300 years. A one (1) sq km area along this zone was previously mapped and soil sampled with the result…

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  • Great Quest Announces Final Results of Drilling on the Bourdala Concessions

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd., is reporting today on the final results from drill holes 18 through 22 of the 2003-04 diamond drill program on the Bourdala concessions in western Mali, West Africa. Hole DH 18-BR was drilled in the Bourdala Sud-Ouest zone to test for a northeasterly extension of the zone with intersections of 10 m of 3.92 g/t gold and 5 m of 8.63 g/t gold from DH 06-BR and 7.0 m of 5.00 g/t gold from DH 11-BR. Although DH 18-BR intersected a zone from 43.5 to 55.4 m similar…

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  • Great Quest Announces Final Results of Drilling on the Bourdala Concessions

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd., is reporting today on the final results from drill holes 18 through 22 of the 2003-04 diamond drill program on the Bourdala concessions in western Mali, West Africa. Hole DH 18-BR was drilled in the Bourdala Sud-Ouest zone to test for a northeasterly extension of the zone with intersections of 10 m of 3.92 g/t gold and 5 m of 8.63 g/t gold from DH 06-BR and 7.0 m of 5.00 g/t gold from DH 11-BR. Although DH 18-BR intersected a zone from 43.5 to 55.4 m similar…

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  • Great Quest Options Strategically Located Concession between Sadiola and Yatela Gold Mines

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (the "Company") (TSXVenture Exchange: GQ) is pleased to announce the acquisition of the 10 sq. km Alamoutala Ouest concession. This concession, in Mali, West Africa, is strategically located between the block of concessions encompassing the Sadiola Gold Mine and the block of concessions encompassing the Yatela Gold Mine and is surrounded on three sides by the Yatela concessions. The Sadiola Mine occurs 10.3 km southeast of the Alamoutala Ouest concession; the Yatela mine occurs 9.1 kilometer northwest of the concession; and the Alamoutala deposit, with inferred resources of…

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  • Results of Diamond Drill Program on Bourdala Concessions

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (the "Company") (TSX Venture Exchange: GQ) is pleased to announce the latest results from the diamond drill program on the Bourdala concessions in Mali, West Africa. Below are the results: -------------------------------------------------------- Drill Hole Interval (m) Width (m) Gold (g/t) -------------------------------------------------------- DH 15 NG 62.6 - 64.6 2.0 1.86 75.1 - 76.1 1.0 1.11 -------------------------------------------------------- DH 16 TD 9.8 - 11.4 1.6 1.91 49.4 - 50.4 1.0 4.27 56.3 - 57.8 1.5 1.01 -------------------------------------------------------- DH 17 TD 9.8 - 10.9 1.1 2.19 -------------------------------------------------------- DH-14-NG was spotted 58 m east of the section of pits with high grade gold and…

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  • Great Quest Plans to Rejuvenate the Copper - Gold - Molybdenum Taseko Property

    Author: Great Quest | | Categories: 2004

    VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (the "Company") (TSX Venture Exchange: GQ) reports that with the price of copper up to US$1.30 from just US$0.70 a year and a half ago and with gold at US$410 from US$260 in March, 2001, the Taseko property, located 225 km north of Vancouver, B.C. once again becomes a very important asset of the Company. Great Quest owns 100% of the property, subject to a 2.5% net smelter royalty to $1.5 million. In 1989 to 1991 the Company, with the help of ASARCO Incorporated, established in situ resources of…

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