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February 11, 2013 16:43 ET
GoldQuest Announces 30,000 Metre Drill Program at Romero and Along Las Tres Palmas Trend
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 11, 2013) - GoldQuest Mining Corp. (TSX VENTURE:GQC)(FRANKFURT:M1W)(BERLIN:M1W) ("GoldQuest" or the "Company") is pleased to announce it has commenced a 30,000 metre drilling program on the Las Tres Palmas trend, Dominican Republic. The Las Tres Palmas trend is notable for the discovery of the Romero mineralization, where drilling highlights included hole LTP 94 returning 235 metres grading 7.9 g/t gold and 1.4% copper (see the Company's press release of August 27th 2012).
New drilling will continue to expand Romero and test high priority targets along the trend. In addition, an ongoing deep Induced Polarization ("IP") survey is being used to expand coverage of the Las Tres Palmas trend and gain knowledge of additional targets within the Company's 50 km long Tireo Formation land package.