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Golden Quail announces drill results on San Bernardino County California project.

SAN DIEGO--(BUSINESS WIRE)--March 8, 1996--Golden Quail Resources Ltd. (NASDAQ:GQRVF, VSE:GQR) announced that it has completed a reverse circulation development drill program on the company's San Bernardino County California Project.

The program totalling 3,780 feet consisted of 11 holes. The program was designed to increase and better define mineable reserves in the "Golden Chief" pit area. To date assays have been received on seven holes and are set forth below. The remaining holes will be released when they are received. -0-
Drill Hole Footage Interval/Grade Including
 oz/ton


GQ-96-1 115 ft. 55-170/.211 15 ft./.256
 30 ft./.619
 10 ft./1.300


GQ-96-2 55 ft. 65-120/.382 35 ft./.583
 10 ft./1.100
 35 ft. 185-220/.412
 10 ft. 235-245/.116


GQ-96-4 45 ft. 225-270/.354 20 ft./.780
 65 ft. 310-375/.073
 5 ft. 415-420/.851


GQ-96-5 15 ft. 120-135/.154 Lost circulation in
 fractured zone,
 abandoned hole
 @135 ft. bottomed
 in .093 oz/ton


GQ-96-7 25 ft. 90-115/.076
 30 ft. 180-210/.289 10 ft./.761On Behalf of the Board,


Michael A. Schaffer, CEO Golden Quail Resources Ltd.

CONTACT: Golden Quail Resources Ltd., Carlsbad

619/753-0600
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Publication:Business Wire
Date:Mar 8, 1996
Words:196
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