GoldQuest Extends Gold Mineralization at Cerro Dorado.TORONTO -- GoldQuest Mining Corp. ("GoldQuest" or the "Company") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:GQC GQC Galois-Field Quantized Coset ) is pleased to announce the results from recent drilling at the Cerro Dorado dorado: see dolphin (fish). project in the western Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. . The results further confirm the potential of the porphyry Porphyry, Greek scholar Porphyry (pôr`fĭrē), c.232–c.304, Greek scholar and Neoplatonic philosopher. He studied rhetoric under Cassius Longinus and philosophy under Plotinus. gold mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. with drill hole CD-06 from the Mango Zone returning 12 meters from surface grading 1.85 g/t Au within a broader interval of 64 meters from surface grading 0.53 g/t Au. CD-08 from the Cano del Frio Zone, drilled 180 meters to the south, returned 26.14 meters grading 1.03 g/t Au from 22.86 meters down hole. In the recently completed second phase of drilling, ten diamond drill holes (numbers CD-06 to CD-15) were completed with lengths between 47.85 m and 100.60 m and inclinations of -46 degrees to vertical for a total of 814.85 meters. Combined with the first phase of drilling (holes CD-01 to CD-05), the total drilled in the project is 1064.84 m in 15 holes. A summary of the gold results is given in Table 1. The results support the results of the first drill program (Press Release of 25th May 2005) which had highlights of: CD-01: 22.86 meters from surface (0 m) grading 2.94 g/t Au; CD-02: 20.0 meters from surface (0 m) grading 2.70 g/t Au; and CD-04: 46.0 meters from 4.0 m depth grading 1.34 g/t Au. Porphyry gold mineralization has been intersected in holes CD-01, 02, 04, 06 and 08 in both the Cano del Frio and Mango Zones. CD-09 drilled 460 meters southwest of CD-06 failed to reach the target zone due to major fault being intersected. Of significance is the geology geology, science of the earth's history, composition, and structure, and the associated processes. It draws upon chemistry, biology, physics, astronomy, and mathematics (notably statistics) for support of its formulations. and results from CD-14 in the Northern Zone drilled some 500 meters north of CD-06 and on the east side of the northern extension of the Cano del Frio Zone. This hole was drilled vertically to test a Au-Te-Mo-Bi-Sb soil anomaly Abnormality or deviation. Pronounced "uh-nom-uh-lee," it is a favorite word among computer people when complex systems produce output that is inexplicable. See software conflict and anomaly detection. . Thirteen soil samples from the Northern Zone (an area of 200 by 100 meters) returned an average of 0.122 g/t Au. The hole intersected intense quartz-sericite-pyrite alteration Modification; changing a thing without obliterating it. An alteration is a variation made in the language or terms of a legal document that affects the rights and obligations of the parties to it. throughout its length with two intervals of silica-pyrite mineralization returning 6 meters (33 - 39m) grading 0.40 g/t Au and 3.41 meters (81.89m - 85.30m) grading 0.50 g/t Au. The former interval had elevated Zn (up to 0.31%) and the latter elevated Cu (up to 0.069%). Drill holes CD-07, 10, 11, 12, 13 and 15 drilled to test gold-in-soil anomalies in the West Ridge, Car Park and Mango Zones gave only low gold values or failed to intersect In a relational database, to match two files and produce a third file with records that are common in both. For example, intersecting an American file and a programmer file would yield American programmers. any values of significance. The low gold values in the drill core from these gold-in-soil anomalies is not currently understood but may reflect transported gold or surface enrichment enrichment Food industry The addition of vitamins or minerals to a food–eg, wheat, which may have been lost during processing. See White flour; Cf Whole grains. .
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Hole From To Interval Au
meters meters meters g/t
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CD-01 0.00 22.86 22.86 2.94
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inc 2.00 14.00 12.00 5.29
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CD-02 0.00 20.00 20.00 2.70
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26.00 28.00 2.00 0.19
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CD-03 no significant values (max sample 0.049 g/t Au)
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CD-04 4.00 50.00 46.00 1.34
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inc 4.00 24.00 20.00 2.71
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CD-05 no significant values (max sample 0.011 g/t Au)
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CD-06 0.00 64.00 64.00 0.54
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inc 0.00 12.00 12.00 1.86
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and 22.00 36.00 14.00 0.21
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and 50.00 52.00 2.00 2.42
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and 58.00 64.00 6.00 0.61
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CD-07 0.00 42.00 42.00 0.14
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inc 0.00 2.00 2.00 0.15
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and 30.00 32.00 2.00 0.30
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and 38.00 42.00 4.00 1.06
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CD-08 22.86 67.07 44.21 0.66
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inc 22.86 49.00 26.14 1.03
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and 59.00 67.07 8.07 0.66
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CD-09 no significant values (max sample 0.025 g/t Au)
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CD-10 73.00 76.00 3.00 0.16
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92.00 100.60 8.60 0.10
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CD-11 no significant values (max sample 0.078 g/t Au)
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CD-12 0.00 4.00 4.00 0.24
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CD-13 no significant values (max sample 0.071 g/t Au)
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CD-14 33.00 39.00 6.00 0.40
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52.00 56.00 4.00 0.12
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81.89 85.30 3.41 0.50
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CD-15 no significant values (max sample 0.012 g/t Au)
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Table 1 - Summary of gold intersections for Cerro Dorado (length-weighted average grades for samples greater than 0.1 g/t Au). The Phase 1 results (CD-01 to CD-05) were previously reported. Holes CD-01, -08 and -10 end in gold mineralization. The Company intends to undertake further work to define the possible association between the porphyry gold mineralization and the newly identified silica-pyrite-gold mineralization, both of which are focused on the Cano del Frio zone which appears to represent a major structural control on the mineralization. Numerous other priority stream sediment sediment, mineral or organic particles that are deposited by the action of wind, water, or glacial ice. These sediments can eventually form sedimentary rocks (see rock). and rock float sample anomalies within the Cerro Dorado group of concessions will also be followed up. The Cerro Dorado project occurs in the Joboban exploration concession which is 100%-owned by GoldQuest, and the Centenario exploration concession which GoldQuest has optioned from Energold Drilling Corp. (TSX VENTURE:EGD Esophagogastroduodenoscopy (EGD) An imaging test that involves visually examining the lining of the esophagus, stomach, and upper duodenum with a flexible fiberoptic endoscope. Mentioned in: Bleeding Varices EGD esophagogastroduodenoscopy. ). GoldQuest must expend ex·pend tr.v. ex·pend·ed, ex·pend·ing, ex·pends 1. To lay out; spend: expending tax revenues on government operations. See Synonyms at spend. 2. US$1 million over three years to acquire 60% of the concession, with the option to increase to 80% by completing a feasibility study "A Feasibility Study" is an episode of the original The Outer Limits television show. It first aired on 13 April, 1964, during the first season. It was remade in 1997 as part of the revived The Outer Limits series with a minor title change. . The Centenario concession also covers the Oro Verde gold deposit 6 km west of Cerro Dorado where the Company has defined a NI 43-101-compliant resource comprising an Indicated Resource of 2.72 million tonnes grading 1.95 g/t Au using a 0.5 g/t Au cut-off cut-off Anesthesiology The point at which elongation of the carbon chain of the 1-alkanol family of anesthetics results in a precipitous drop in the anesthetic potential of these agents–eg, at > 12 carbons in length, there is little anesthetic activity, for 170,857 contained troy ounces Noun 1. troy ounce - a unit of apothecary weight equal to 480 grains or one twelfth of a pound apothecaries' ounce, ounce troy unit - any of the unit of the troy system of weights (Press release 3rd November 2004). The qualified person for the technical information in this press release for the purposes of National Instrument 43-101 is Stewart D. Redwood, FIMMM FIMMM Fellow of the Institute of Materials, Minerals and Mining , Consulting Geologist to the Company. The drill core was split in half by diamond saw with one half retained for reference in the Company's secure storage facility in Bonao, Dominican Republic. The other half was shipped for sample preparation and geochemical analysis by ALS Als (äls), Ger. Alsen, island, 121 sq mi (313 sq km), Sønderjylland co., S Denmark, in the Lille Bælt, separated from the mainland by the narrow Alensund. Chemex, Vancouver. Rock standards, duplicates and blanks were routinely inserted into all sample batches for quality assurance and control. A map of the drill locations and tables of results are available on www.goldquestcorp.com About GoldQuest GoldQuest is an exploration & development company focused on the Dominican Republic. Through regional grass-roots exploration and new geological models the Company has built a portfolio of drill targets on new gold and copper discoveries including Las Tres Palmas Palmas may refer to:
Barrick has acquired 100% of the Placer Dome shares on January 20, 2006, and has integrated the company into its own. Inc are shareholders as well as MinMet plc, an Irish-based resource company. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. does not accept responsibility for the ad equacy or accuracy of this release. GoldQuest Mining Corp. (TSX VENTURE:GQC) |
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