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GQC.V ·

GoldQuest reports its operations were unaffected by Hurricane Irma

Corporate Updates

GoldQuest reports its operations were unaffected by Hurricane Irma

VANCOUVER, BC--(Marketwired – September 8th, 2017) - GoldQuest Mining Corp. (TSX VENTURE: GQC)

(FRANKFURT: M1W) (BERLIN: M1W) ("GoldQuest" or the "Company") is pleased to report that the

Category 5 hurricane Irma has had minimal impact on the Company’s operations in the Dominican

Republic. Gold Quest’s operational area in the San Juan province experienced heavy rains but not the

severe high winds which impacted the north of the Dominican Republic and other islands in the

Caribbean. All the Company’s personnel are safe.

As a prudent precaution, the Company paused field activities on Thursday September 9, 2017 and

anticipates returning to its substantial field programs including drilling at the Cachimbo Discovery

tomorrow, an Induced Polarization geophysical program and geochemical sampling complimenting

ongoing detailed mapping in advance of drill target selection.

About GoldQuest

GoldQuest is a Canadian based mineral exploration 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, with

254,007,384 shares outstanding (291,057,724 on a fully diluted basis) as at the date of this 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 2015 drill program, the results of

the drill program and the interpretation of the results of the drill program, further drilling, the timing of

drilling and assay results, mineral resource estimates, the merits of the Company's mineral properties,

future drill programs and studies, and the Company's plans and exploration programs for its mineral

properties, including the timing of such plans and programs. In certain cases, forward‐looking

statements can be identified by the use of words such as "plans", "has proven", "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.

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.

CONTACT INFORMATION

GoldQuest Mining Corp.

www.goldquestcorp.com

Bill Fisher

Executive Chairman - Toronto

+1‐647‐271‐4505

[email protected]

Chad Williams

Investor Relations - Red Cloud KS

1-877-919-5979

[email protected]