Goldquest Mining begins 2025 drilling program at Romero

Executive Summary

• Goldquest Mining Corp. has launched its 2025 drilling campaign at the Romero gold‑copper project, the first drilling since 2018.
• Hole LTP‑171 has reached 220 m targeting metallurgical testwork; a second rig will begin additional metallurgical holes this week and a third rig is slated for a 5,000‑m greenfield program at the Cachimbo target in early November.
• Recent technical work includes updated structural geology studies and re‑processing of historic geophysical data to improve brownfield and greenfield targeting across the Tireo belt.

Key Details

• Program Scope: 2025 drilling campaign at Romero (Dominican Republic) with three drill rigs planned.
• Current Progress: Hole LTP‑171 drilled to 220 m depth, focusing on metallurgical testwork for development studies.
• Upcoming Activities:
• Second rig to start additional metallurgical holes later this week.
• Third rig mobilizing to the Cachimbo target for a 5,000‑m greenfield exploration program beginning early November.
• Technical Enhancements:
• Comprehensive review of district and local structural geology completed, enhancing understanding of gold‑copper mineralization controls.
• Senior geophysicist engaged to reprocess and reinterpret historical geophysical datasets, refining targeting for both brownfield and greenfield prospects.
• Strategic Importance: First drilling at Romero since 2018; aims to advance the Romero mineral resource and test high‑priority targets across the Tireo belt, thereby derisking the project and creating shareholder value.

Notable Quotes

“With drilling now under way at Romero, we are executing on both our development and exploration objectives for the year… These programs are designed to derisk the project and build shareholder value as we continue advancing Romero and unlock additional discovery potential in the region.” – Luis Santana, CEO, Goldquest Mining Corp.