Re: News Release - Wednesday, April 21, 2010
Title: Follow-up Drilling Commenced on Davidson Property
Vancouver, BC - Silver Quest Resources (TSX.V:SQI) ("Silver Quest" or "the Company") wishes to report that Richfield Ventures Corp. ("Richfield") has announced the start of a follow-up drill program 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 April 20, 2010.
The final drill hole from the 2009 exploration season, BW 59 is being deepened to 700 metres from its earlier termination depth of 329 metres. The hole is currently at 509 metres, and has intercepted similar rock types, alteration and sulphide mineralization as that seen in the upper 329 metres. Hole BW 59 is located on ground optioned from Silver Quest, and returned an average grade of 1.25g/t Au over 329 metres, ending in 5 metres of 9 g/t Au (see Richfield news release dated January 5, 2010). Richfield has sent the first shipment of samples to the Stewart Group Assay Laboratory in Kamloops BC. Assay results are pending.
Shareholders 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 ..
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Silver Quest Resources Ltd.
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CODE : SQI.V |
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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. |