Re: News Releases - Friday, May 07, 2010
Title: Davidson Property Drill Results
Vancouver, BC - Silver Quest Resources (TSX.V:SQI) ("Silver Quest" or "the Company") wishes to report that Richfield Ventures Corp. ("Richfield") has announced drill results from the extension of drill hole BW 59 on the Company's Davidson Property, located approximately 110 kilometres southwest of Vanderhoof, British Columbia. The Davidson Property is under option to Richfield and forms part of Richfield's "Blackwater Project".
The following highlights are from the announcement made by Richfield on May 6, 2010.
Richfield has completed the extension of drill hole BW 59. BW59 was terminated last season at a depth of 336.19 meters and averaged 1.25 g/t Au over 329 meters (Richfield news release, January 5, 2010). BW 59 has now been extended to a depth of 588.87 metres.
Significant mineralized intervals from BW 59 as reported by Richfield include:
361 meters (7 m to 368 m) averaging 1.25 g/t gold
455 meters (7 m to 462 m) averaging 1.03 g/t gold and 4.3 g/t silver
6 meters (353 m to 359 m) averaging 5.16 g/t gold and 44.8 g/t silver
302 meters (208 m to 510 m) averaging 491 ppm copperShareholders are encouraged to monitor Richfield's news releases (TSX.V:RVC) for program details and updates.
SILVER QUEST RESOURCES LTD.
"Randy Turner"
Randy Turner, President
For further information please contact Investor Relations at 604-687-3959 or info@silverquest.ca
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.
Copyright � 2010 SILVER QUEST RESOURCES LTD. (SQI) All rights reserved. For more information visit our website at
http://www.silverquest.ca/ or send email to
info@silverquest.ca ..
Message sent on Fri May 7, 2010 at 9:59:57 AM Pacific Time
|
Silver Quest Resources Ltd.
|
|
|
CODE : SQI.V |
|
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Silver Quest Res. is a silver exploration company based in Canada. Silver Quest Res. is listed in Canada. Its market capitalisation is CA$ 128.7 millions as of today (US$ 127.6 millions, € 91.8 millions). Its stock quote reached its lowest recent point on December 24, 2008 at CA$ 0.02, and its highest recent level on November 04, 2011 at CA$ 1.28. Silver Quest Res. has 109 983 000 shares outstanding. |