Drilling Activity in Quebec
Delta, B.C. - April 10, 2007 - Quinto Mining (TSX-V: QU) has been informed of drilling activity at two of our properties in Quebec. Ressources Appalaches have informed Quinto that they have recently completed a drilling program at our Bornite Hill, Quebec copper property. Results are expected in the next few weeks. Ressources Appalaches have the right to earn up to a 50% interest by spending $1 million over a 5 year period.
BacTech mining has informed Quinto that a drill program at our Godbout, Quebec uranium property is underway. BacTech Mining can earn up to 75% interest by spending $1.3 million over a two year period or a 50% interest by spending $300,000 in the first year.
Quinto recently optioned both of these properties in order to allow us to concentrate on developing our two main (100%) owned Quebec properties, Peppler Lake iron and Lac Gueret graphite. Quinto anticipates updating the status of these two properties soon.
On Behalf of the Board of Directors
Tyrone Docherty
President
For further information please contact:
Head Office:
Frank Chaid
(604) 952-0900
Quinto@dccnet.com
www.quintomining.com
RENMARK FINANCIAL COMMUNICATIONS INC.
HENRI PERRON : HPERRON@RENMARKFINANCIAL.COM
DANIELLE VELEZ : DVELEZ@RENMARKFINANCIAL.COM
TEL. : (514) 939-3989
FAX : (514) 939-3717
WWW.RENMARKFINANCIAL.COM
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Quinto Mining Corp.
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CODE : QU.V |
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Quinto Mining is a gold and copper exploration company based in Canada. Quinto Mining holds various exploration projects in Canada. Its main exploration properties are LAC BRULE, PEPPLER LAKE and BORNITE HILL in Canada. Quinto Mining is listed in Canada and in United States of America. Its market capitalisation is CA$ 71.3 millions as of today (US$ 59.1 millions, € 37.4 millions). Its stock quote reached its lowest recent point on December 31, 2002 at CA$ 0.10, and its highest recent level on June 06, 2008 at CA$ 2.04. Quinto Mining has 40 536 000 shares outstanding. |