202614 releases
GoldQuest Appoints Martin Wafforn to Board of Directors and Grants Stock Options
Martin Wafforn has been appointed to the board of directors of GoldQuest Mining Corp. Wafforn is a professional mining engineer with more than 40 years of experience, most recently as Senior Vice President, Technical Services & Process Optimization at Pan American Silver, and he serves on the board of New Pacific Metals. The Company also granted 1,100,000 stock options to directors and officers, exercisable at $0.75 and expiring September 16, 2031, and cancelled 40,000 options granted to a former employee in error.
ManagementGoldQuest Appoints Dennis Kwong as Chief Financial Officer
Dennis Kwong, CFA, CPA, has been appointed Chief Financial Officer of GoldQuest Mining Corp., effective September 15, 2026. He most recently served as CFO of Florida Canyon Gold Inc. and previously spent about 15 years with Centerra Gold in business development roles, including Executive Vice President, Business Development. Kwong succeeds Paul Robertson, who had been CFO since 2010. GoldQuest is focused on gold and copper projects in the Dominican Republic.
ManagementGoldQuest Announces Granting of Stock Options
A total of 7,840,000 stock options were granted on June 1, 2026 to certain directors, officers, employees and consultants of GoldQuest Mining Corp. The options carry a five-year term and an exercise price of $1.16 per common share, a 5% premium to the Market Price on the grant date. One-third vest on grant, one-third at six months and one-third at one year, under the Company's Amended and Restated Stock Option Plan.
CorporateGoldQuest Reports High-Grade Assay Results from Metallurgical Drilling at Romero Gold-Copper Project, Dominican Republic
Five metallurgical drill holes (LTP-171 to LTP-175) at the 100%-owned Romero Gold-Copper Project in San Juan Province, Dominican Republic returned intervals including 38.6 m at 45.01 g/t Au, 14.31 g/t Ag and 2.44% Cu in LTP-173, including 26.85 m at 63.82 g/t Au, 18.93 g/t Ag and 3.23% Cu, plus 27.55 m at 17.61 g/t Au in LTP-172 and 30.5 m at 16.47 g/t Au in LTP-174. A preliminary internal comparison within 10 m cylinders indicates a 43% higher gold grade and 48% more contained gold than the block model. Metallurgical work indicates domains amenable to conventional comminution and flotation, with possible coarser grinding and no gravity circuit.
Drill resultsGoldQuest Extends High-Grade Polymetallic VMS Mineralization at Cachimbo Target, Dominican Republic
Drill hole TIR-26-62 at the Cachimbo target in the Dominican Republic returned 12.15 m at 8.60 g/t Au, 128.2 g/t Ag, 0.77% Cu, 11.21% Zn and 0.34% Pb from 277.35 m depth, including 3.35 m at 9.95 g/t Au, 120.7 g/t Ag, 2.39% Cu, 35.85% Zn and 0.56% Pb. One sample exceeded the 40% Zn detection limit and is being re-analyzed. The hole, 60 m northeast of discovery hole TIR-26-58, is a second intersection of the polymetallic VMS level; assays from a stringer zone below remain pending.
Drill resultsGoldQuest Investor Update - Romero Project
The Dominican Republic government has announced a temporary halt to activities related to the Romero Project following public statements by the country's President. The project remains in the environmental evaluation stage and no exploitation permit has been granted to date. GoldQuest says it will continue advancing the Environmental and Social Impact Assessment under Law 64-00 and engaging with government authorities and local communities, and will update the market as developments occur.
CorporateGoldQuest Reaffirms Commitment to Responsible Development of the Romero Project
Recent public demonstrations related to mining activities in San Juan, Dominican Republic were acknowledged, with the company reiterating its commitment to responsible development of the Romero Project. Romero is advancing through the Environmental and Social Impact Assessment under Terms of Reference issued by the Ministerio de Medio Ambiente y Recursos Naturales and aligned with International Finance Corporation standards. The Academia de Ciencias de la República Dominicana is acting as an independent observer of the ESIA process.
CorporateGoldQuest Reports Potential Depth Extension at Romero Gold-Copper Project, Dominican Republic
Preliminary visual results from two drill holes at the Romero gold-copper deposit in the Dominican Republic intersected alteration and mineralization outside the current resource block model. Hole LTP-182, a 75-metre step back from LTP-137, showed favourable intervals from 220 m to 270 m and from 413.75 m to its current depth of 449.73 m; LTP-183, a 140 m step back from LTP-118, from 510 m to 555.1 m. Both holes were suspended at rig depth capacity; a replacement rig is being mobilized with drilling to resume by late April and assays expected by early June.
Drill resultsGoldQuest Reports New High-Grade Polymetallic Massive Sulphide Discovery at Cachimbo Target, Dominican Republic
Drill hole TIR-26-58 at the Cachimbo target in the Dominican Republic returned 12.26 m grading 2.52 g/t Au, 50.72 g/t Ag, 0.94% Cu, 0.26% Pb and 12.0% Zn (7.62 g/t AuEq), including 3.59 m at 5.74 g/t Au, 128.88 g/t Ag, 2.18% Cu, 0.65% Pb and 27.61% Zn (17.63 g/t AuEq), from a newly confirmed parallel structure northeast of the known zone. Three holes totalling 1,145 metres of a 5,000 metre program are complete; TIR-26-57 returned no significant intercepts and TIR-26-59 assays are pending. A PD-IP survey is underway.
Drill resultsGoldQuest Welcomes New Directors Coille Van Alphen and Jose Michelen
Coille Van Alphen and Jose Michelen have been appointed to the board of GoldQuest Mining Corp., effective immediately, filling vacancies created by the resignations of Bill Fisher and Julio Espaillat, who served 16 years and 15 years respectively. Van Alphen is a Metals & Mining Portfolio Manager at Equinox Partners, and Michelen is a founding partner and board member of several Dominican financial institutions. GoldQuest is advancing the Romero Project in the Dominican Republic through permitting.
ManagementGoldQuest Named to the 2026 TSX Venture 50
GoldQuest Mining Corp. has been named a 2026 TSX Venture 50 company by the TSX Venture Exchange, a ranking of the top 50 performers among more than 1,500 TSXV issuers based on equally weighted one-year share price appreciation, market capitalization growth and Canadian consolidated trading value. During 2025, GoldQuest's share price increased 538% and its market capitalization grew 669%. The company is advancing the Romero Project in the Dominican Republic.
CorporateGoldQuest Provides Update on Drilling and Exploration Activities at Romero Gold-Copper Project, Dominican Republic
Five metallurgical drillholes totalling 1,906 metres have been completed at the 100%-owned Romero gold-copper project in the Dominican Republic, with ~1,600 m of core sent to ALS Kamloops for locked-cycle and variability testwork; first results are expected in March 2026 and the final report by late April/early May 2026. Geotechnical drilling (8 holes, ~2,700 m) and 10 hydrogeological holes are due for completion by February 2026 to support Feasibility Study engineering. At Cachimbo, hole TIR-26-57 has reached 450 m of a planned 500 m, with assays expected by early March; a ground IP geophysics program began January 27.
Drill resultsGoldQuest Closes Third and Final Tranche of Private Placement for Gross Proceeds of Approximately C$3.3 Million
The third and final tranche of GoldQuest Mining's non-brokered private placement closed with 2,744,542 Units issued at C$1.21 per Unit for gross proceeds of approximately C$3.3 million, bringing total issuance across all three tranches to 34,710,743 Units for approximately C$42 million. Each Unit includes one common share and one-half warrant exercisable at C$1.80 for 24 months. Finder's fees of C$100,000.45 to Paradigm Capital Inc. and C$66,044.34 to Milenio Partners, S.A. were paid. Proceeds are earmarked for early development at the Romero project in the Dominican Republic, greenfield exploration drilling and general corporate purposes.
FinancingGoldQuest Closes Second Tranche of Private Placement for Gross Proceeds of Approximately C$8.7 Million
The second tranche of GoldQuest's non-brokered private placement has closed, with 7,172,813 Units issued at C$1.21 per Unit for gross proceeds of approximately C$8.7 million; each Unit includes one common share and one-half warrant exercisable at C$1.80 for 24 months. Combined with the first tranche, 31,966,201 Units have been issued for roughly C$40 million, with a final tranche of up to C$3,320,896 expected early next week. Proceeds are earmarked for early development at the Romero project in the Dominican Republic, greenfield exploration drilling and general corporate purposes. Insiders bought 150,000 Units (C$181,500), and a C$305,579.45 finder's fee was paid to Paradigm Capital Inc.
Financing