GoldQuest Commences 2025 Drilling Program at Romero Gold-Copper Project, Dominican Republic
GoldQuest Commences 2025 Drilling Program
at Romero Gold-Copper Project, Dominican
Republic
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2025) -
GoldQuest Mining Corp.
(TSXV:
GQC) ("GoldQuest" or the "Company") is pleased to announce the commencement of its 2025 drilling
campaign at the Romero Gold-Copper Project, located in the Dominican Republic.
This program marks the first drilling completed at Romero since 2018 and represents an important step
forward in advancing the Company's strategy to both develop the Romero Mineral Resource and test
high-priority greenfield targets across the Tireo Belt (Figure 1).
Figure 1: Exploration Targets at the Tireo Project
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GoldQuest is currently drilling hole LTP-171 (Figure 2), which has reached a depth of 220 metres,
focused on metallurgical testwork to support the Romero development studies. A second drill rig, already
mobilized, will commence further metallurgical drill holes later this week. The Company also plans to
mobilize a third drill rig to the Cachimbo target to begin a 5,000-metre greenfield exploration program in
early November, aimed at expanding gold-copper resource potential within the belt.
Figure 2: 2025 Metallurgical Drilling
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Recent technical work has included a comprehensive review of district and local structural geology,
which enhances the understanding of gold-copper mineralization controls and informs ongoing 3D
structural modelling. GoldQuest has also been working with a senior geophysicist to reprocess and
reinterpret historical geophysical datasets, improving the targeting of both brownfield and greenfield
prospects.
Status of key technical activities:
Target
Task
Completion %
Comments
Romero
Structural Analysis
100%
Relogging and mapping completed; supports resource update and metallurgical
test planning.
Romero
Geophysics
75%
Downhole magnetic data assessment complete; additional ground magnetic lines
scheduled; 3D inversion model in progress.
Cachimbo
Geological Model
100%
Geological reinterpretation completed; 3D model under development to guide
drill hole design.
Greenfields
Mapping and
Trenching
50%
62 trenches completed; assays confirm gold mineralization in surface zones;
further trenching ongoing.
Luis Santana, CEO of GoldQuest Mining Corp., commented:
"With drilling now underway at
Romero, we are executing on both our development and exploration objectives for the year. Our team's
recent work has strengthened our geological understanding and refined our gold-copper exploration
targeting across the Tireo Belt. These programs are designed to de-risk the project and build
shareholder value as we continue advancing Romero and unlock additional discovery potential in the
region."
Qualified Person
The scientific and technical information in this press release has been reviewed and approved by
Leandro Sastre, P. Geo., VP of Exploration of GoldQuest and a Qualified Person for the technical
information in this press release under NI 43-101-
Standards of Disclosure for Mineral Properties
.
About GoldQuest
GoldQuest is a Canadian based mineral exploration and development company with projects in the
Dominican Republic. GoldQuest is traded on the TSX-V under the symbol GQC and in Frankfurt/Berlin
with symbol M1W and over 20% ownership by local Dominican investors. The Company is well funded to
carry out the exploration programs reported on in this release and to advance the development of its
Romero gold/copper discovery, also located in the Tireo Formation of the Dominican Republic.
Additional information can be viewed at the Company's website
www.goldquestcorp.com
.
On Behalf of the Board of Directors of GoldQuest Mining Corp.,
"Luis Santana"
Director & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news
release.
Forward-looking statements:
Statements contained in this news release that are not historical facts are forward-looking information
that involves known and unknown risks and uncertainties. Forward-looking statements in this news
release include, but are not limited to, statements with respect to the past drill programs, the results of
such drill programs and the interpretation of the results of the drill programs, further drilling, the timing of
drilling and assay results, mineral resources at Romero and Romero South, the merits of the Company's
mineral properties, future drill programs and studies, the Company's plans and exploration programs for
its mineral properties, including the timing of such plans and programs, the Company's belief that
Dominican Republic authorities will support the development of the Romero gold-copper project, and the
allocation of funds for the BFS and the 2025 Program. In certain cases, forward-looking statements can
be identified by the use of words such as "plans", "expects" or "does not expect", "is expected",
"potential", "likelihood", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or
"be achieved".
Forward-looking statements involve known and unknown risks, uncertainties and other factors which may
cause the actual results, performance or achievements of the Company to be materially different from
any future results, performance or achievements expressed or implied by the forward-looking
statements. Such risks and other factors include, among others, risks related to uncertainties inherent in
drill results and the estimation of mineral resources; commodity prices; changes in general economic
conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going
concern; the Company's ability to raise funds through equity financings; risks inherent in mineral
exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment
or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry;
delays in obtaining governmental approvals; government regulation of mining operations; environmental
risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of
litigation. Although the Company has attempted to identify important factors that could affect the
Company and may cause actual actions, events or results to differ materially from those described in
forward-looking statements, there may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. There can be no assurance that forward-looking statements will
prove to be accurate, as actual results and future events could differ materially from those anticipated in
such statements. Accordingly, do not place undue reliance on forward-looking statements. All statements
are made as of the date of this news release and the Company is under no obligation to update or alter
any forward-looking statements except as required under applicable securities laws. Forward-looking
statements are based on assumptions that the Company believes to be reasonable, including
expectations regarding mineral exploration and development costs; expected trends in mineral prices
and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that
the Company's activities will be in accordance with the Company's public statements and stated goals;
that there will be no material adverse change affecting the Company or its properties; that all required
approvals will be obtained and that there will be no significant disruptions affecting the Company or its
properties.
For further information, please contact:
Luis Santana, Chief Executive Officer
1 (809) 224-0629
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