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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Great Quest Plans to Rejuvenate the Copper - Gold - Molybdenum Taseko Property
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Progress Report on Drilling Grant of Options - Escrow Release - Taseko Property
VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd. (the "Company") (TSX Venture Exchange GQ) is pleased to announce that Diamond Drill Hole 13-BR has been completed on the Bourdala Sud-Ouest zone and Drill Holes DDH-14-NG and DDH-15-NG have been completed on the Niaragui zone where the Company received some very high grade gold results on samples from pitting. The drilling is taking place within the Bourdala concessions, Mali, West Africa. The core is being split, and the samples will soon be sent to the lab. The Company expects to have results from these samples in a…
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Great Quest Intersects 7.1 Metres of 5.00 Grams/Tonne Gold Niaragui Nord Concession Acquired
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 assays on the first 5 diamond drill holes located in the Bourdala Sud-Ouest zone, as well as the acquisition of an additional concession, Niaragui Nord, just north of the Niaragui concession which is part of the Bourdala concessions, Mali, West Africa. The results of drilling are as follows: ---------------------------------------------------------------------- Direction Intervals Widths Assay Grams Hole Number Dip of Dip (Metres) (Metres) per Tonne ---------------------------------------------------------------------- DDH 08 BR -60 110 71.0 - 74.0 3.0 1.81 117.0 - 119.1 2.1…
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Diamond Drilling Update on Bourdala Concessions
VANCOUVER, BC -- Willis W. Osborne, President of Great Quest Metals Ltd., announces that a total of five holes has been drilled on the Bourdala Sud-Ouest zone within the Bourdala concessions. The core has been split and the core samples are currently in transit to the assay lab in Bamako, Republic of Mali. Originally, 7 holes were planned for the Bourdala Sud-Ouest zone where Diamond Drill Hole 06 intersected 10 m of 3.92 g/t gold and 5 m of 8.63 g/t gold in 2002. Because of the recent exercise of 150,000 warrants at $0.45 for $67,500, the Company has decided to…
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