To all New Stockholders, and ones that are doing DD. ( PARTY ON ME )
here is back to basic.
Old web Site before merger with Standard,
info is still good. check with new up date.
questintl-resources.com
stuff to know.
Zopilote, Honduras -- Gold Prospect. Through wholly-owned Aurora Exploracion
(Honduras) S. de R.L. Quest holds 5 exploration permits and 2 exploitation
concessions in Honduras, including gold, silver, lead & zinc resources. Preliminary
drill-indicated resource on Zopilote Exploitation concessions was 211,000 oz gold
with an initial Mineable resource of 157,000 oz gold. Joint venture with Echo Bay
Mines resulted in the identification of five new target areas. A 23-hole program was
completed in January 1998. The results, published in the April 14, 1998 press
release, show a current resource of 400,000 oz Au. It is expected that this deposit
could contain over one-million ounces of gold. Based on favorable road cut samples,
an application has been filed to expand the property an additional 22 square miles
to a total of 60 square miles. Quest is currently seeking a joint venture partner in an
effort to advance this property towards production.
Damoti Lake, Northwest Territories -- Gold prospect, 100% interest in 11,443 ac,
Damoti Lake property, 90 mi N of Yellowknife, NT. 371,000 oz Au Proven, Probable
& Possible in Horseshoe zone additional drill indicted geological potential of
680,000 oz Au within initial drill area. Permitting and mining leases in process,
pre-feasibility study underway. Mining leases and water permits applied for.
Geological potential resource 1,135,000 oz gold in 4 separate zones & within 300 ft
of surface. New high-grade intercepts at 800 to 900 feet, Zones remain open at
depth and along strike.
Pony Creek, Nevada -- July 1997, Quest controls 100% of Pony Creek gold
property, Elko, NV, by acquiring 40% from Newmont Exploration Limited
(wholly-owned subsidiary of Newmont Gold Company). Jan. 13, 1998 joint venture
with Barrick Gold Corp. Barrick may earn 70% for US$5 million over 5 years. Barrick
has allocated $500,000 for 1998 surface geology work. Barrick is currently drilling
this property.
Ice, British Columbia -- Diamond prospect, 100% interest in 150.25 sq mi, Ice
prop, 8 km SW of Elkford, BC; 7 kimberlite pipes identified. July 1997, negotiations
resulted in Quest controlling 100% interest in property. Previously, White Knight
Resources & Brimstone Gold Corp each held 20% interest in North portion of Ice
property. Drill program planned for summer 1998. Additional samples processed
1Q98 revealed high potential for diamonds in the Bonus Pipe and Bovin areas. There
is a potential to JV this property based on expressed interest of diamond producer
that was initially contacted by a major Canadian securities firm on Quest's behalf.
Jasperoid, Nevada -- Gold prospect, 1 mining lease, Jasperoid prop, 15 mi SE of
Winnemucca, Humboldt, NV; 1998, drilling. Drilling on this property is scheduled for
Sept/Oct 1998.
Pinion, Nevada -- Gold property, mining lease with option to purchase with
Cameco Inc. Cameco may purchase from co for US$500,000 subject to 2.75%
NSR. Located 20 mi south of Newmont's Rain Mine, Elko, NV.
Atlanta Gold, Idaho -- Gold prop, 20% interest (Twin Gold Corporation 80%) in 199
claims, 2,678 ac, Atlanta prop, near Boise, Elmore, ID; 1985-93, extensive
exploration programs include 541 drill holes totaling 176,798 ft. Feb 1997,
pre-feasibility study completed. July 23, 1997, co & Twin Gold reached joint venture
agreement whereby co has 20% interest in return for its expends of approximately
US$3.8 million on prop since Nov 1993. Twin Gold holds 80% interest & is operator.
Total reserve & resource 1,083,100 oz gold & 3,216,600 oz silver.
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Standard just had a update on property activity.
biz.yahoo.com
open offer to New stockholders, if this Company hits it big, I am flying a plane in to Damoti lake. Party is on me.
you have to post before Oct 31, 1999. "PARTY AT DAMOTI"
then your name is put on flight plan.
production at Damoti or Bust.
How deep is Damoti Lake. ?????? |
