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Great Quest Granted Permit for Tarkint Est Concession, Tilemsi Phosphate Project
Published : February 27, 2013
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Keywords :   Crisis | Gold | Mali | Market | Phosphate |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 27, 2013) - Great Quest Metals Ltd. (the "Company") (News - Market indicators) is pleased to report that it has received the official decree from the government of Mali, granting its Malian subsidiary a Research Permit ("Permis de Recherche") for the Tarkint Est concession. This concession is adjacent to the north of the Tilemsi and Aderfoul concessions and covers an area of 589 km².

The decree ("Arrêté") #20130551/MM-SG granted by the Malian Ministry of Mines is effective February 20, 2013.

Interim President and CEO, Jed Richardson commented: "We are pleased with the continued function of the Malian government during this period of conflict, as Great Quest and the government alike prepare for the return to business as usual when fighting ends in the region. We see the advancement of the Permit as an expression of confidence and support for our efforts in the country."

The Tilemsi Phosphate Project comprises three concessions and covers a total land package of 1,206 km² situated in eastern Mali. To date, Great Quest has completed the first two phases of the exploration program and has drilled 26 km². In 2012, the Company filed two NI 43-101 Technical Reports indicating a total inferred resource of 50 million tonnes at a high natural grade of 24.3% PâOâ&.

In addition to the Tilemsi Project, Great Quest holds several gold concessions in southwestern Mali. Mining companies operating in this gold-prolific region remain mostly unaffected by the current crisis in the north and are to date functioning normally.

About Great Quest

Great Quest Metals Ltd. is a Canadian mineral exploration company with assets in Mali, West Africa. The Company is focused on developing the Tilemsi Phosphate Project, encompassing 1,206 km² in eastern Mali. The Company also holds several gold concessions in the productive Birimian gold belt, in southwestern Mali. Great Quest is listed on the TSX Venture Exchange under the symbol GQ, and the Frankfurt Stock Exchange under the symbol GQM.

ON BEHALF OF THE BOARD OF DIRECTORS OF GREAT QUEST METALS LTD.

Jed Richardson - Interim President, CEO & Director

The statements that are not historical facts and are forward-looking statements involving known and unknown risks and uncertainties could cause actual results to vary materially from the targeted results. We seek safe harbor.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Great Quest Metals Ltd
Candice Font
Investor Relations
+1 604-689-2882 or Toll Free: 1 877-325-3838
604-684-5854 (FAX)
www.greatquest.com
Companies Mentionned : Government | Great Quest Metals | Metals X | Total |
Data and Statistics for these countries : Mali | All
Gold and Silver Prices for these countries : Mali | All

Great Quest Metals Ltd

EXPLORATION STAGE
CODE : GQ.V
ISIN : CA3909121038
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Great Quest Metals is a gold and copper development stage company based in Canada.

Great Quest Metals holds various exploration projects in Mali.

Its main exploration properties are KENIETI, BOURDALA, KENIEBA, TIN HINA and SANOULOU in Mali and TASEKO in Canada.

Great Quest Metals is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 8.4 millions as of today (US$ 6.5 millions, € 5.8 millions).

Its stock quote reached its lowest recent point on December 12, 2008 at CA$ 0.01, and its highest recent level on May 27, 2011 at CA$ 4.88.

Great Quest Metals has 52 770 000 shares outstanding.

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Annual reports of Great Quest Metals Ltd
2007 Annual Report
Financings of Great Quest Metals Ltd
5/19/2015Closes Non-Brokered Private Placement of $688,250
6/14/2013Closes Non-Brokered Private Placement of C$908,000
5/24/2013Announces Private Placement
9/14/2012Agrees to a Private Placement of $1=2C152=2C850
4/7/2009Announces a $200,000 Loan and a $120,000 Private Placement
1/1/2009Announces $120,000 Private Placement
7/9/2008AGM and Private Placement Closes
Option Grants of Great Quest Metals Ltd
11/25/2009Grant of Stock Options
12/30/2008Grant of New Stock Options, Cancellation and Re-Issuance of ...
Nominations of Great Quest Metals Ltd
5/13/2013Announces AGM Results-Appoints Jed Richardson CEO
10/4/2010Appoints Interim President and Focus on Mali Phosphate Proje...
7/23/2010Appointment of New Director Signals Focus on Malian Phosphat...
4/8/2010Appoints New Director and Grants Options
Project news of Great Quest Metals Ltd
2/3/2015Files Updated PEA for Multi-Phased Phosphate Production
3/25/2011(Sanoulou)Mobilizes for Gold Drilling
2/21/2011Remote Sensing Identifies Phosphate Targets
8/26/2010(Taseko)Options its Taseko Project to Granite Creek Gold Ltd.
4/21/2010(Kenieba)Defines Gold Soil Anomaly on Dabia Ouest Concession
6/5/2009(Tilemsi Phsophate)Update on Tilemsi Phosphate Project
4/21/2009(Kenieba-baroya)Letter of Intent for the Acquisition of a 75% Interest in it...
12/24/2008(Tilemsi Phsophate)Granted Extension to January 31, 2009 on the Exercise of Til...
9/10/2008(Taseko)Announces Results of the 2008 Drill Program on the Taseko Pr...
7/2/2008(Taseko)2008 Drill Program on the Taseko Property to Start by July 7...
6/4/2008(Taseko)Start Drill Program on Taseko Property in early July
Corporate news of Great Quest Metals Ltd
11/4/2015Tests Conclude the GQ Blends Are a Recommended Replacement f...
10/1/2015Nevada Sunrise Appoints David Shaw to Advisory Board
9/17/2015Preparation Laboratory: On Time, On Budget
9/17/2015Great Quest Closes Non-Brokered Private Placement of $204,60...
9/9/2015Great Quest Fertilizer Ltd. Earnings Q2, 2015
9/8/2015Great Quest Announces $200,000 Private Placement
6/22/2015Great Quest Announces AGM Results
6/4/2015Great Quest Receives Environmental Permit
5/19/2015Great Quest Closes Non-Brokered Private Placement of $688,25...
5/1/2015Great Quest Announces $500,000 Private Placement
4/30/2015Great Quest Files Amended Technical Report
3/2/2015Great Quest Clarifies Its Technical Disclosure, and Northern...
2/3/2015Great Quest Files Updated PEA for Multi-Phased Phosphate Pro...
9/22/2014IIROC Trading Resumption - GQ
9/19/2014IIROC Trading Halt - GQ
7/23/2014Great Quest Announces a New Partnership With the Aga Khan De...
3/26/2014Tilemsi Bulk Samples Average Above 24% Drilled Inferred Reso...
9/30/2013.: Sanoukou Gold Program Reports Chip Samples of Up to 24.9 ...
9/18/2013to Resume Exploration Program at the Tilemsi Phosphate Proje...
6/20/2013Congratulates Mali on the 'Historic' Kidal Agreement
4/29/2013Corporate Update-Pursuing Routes to Restoring Value
3/18/2013Adopts Advance Notice Policy for Future Shareholder Meetings
2/27/2013Granted Permit for Tarkint Est Concession, Tilemsi Phosphate...
2/7/2013Files PEA and Confirms Robust Economic Results on Tilemsi Ph...
1/22/2013Granted Permit for Aderfoul Concession, Tilemsi Phosphate Pr...
1/16/2013Comments on Market Activity and Provides Corporate Update
12/18/2012.: PEA for Tilemsi Phosphate Indicates US$ 649m NPV at 10% D...
10/10/2012Grants Stock Options
9/17/2012Completes $1=2C152=2C850 Private Placement and Appoints Inve...
7/9/2012=2D News Alert
5/29/2012Alert
3/7/2012- news release
9/26/2011GQ - NEWS RELEASE SEPTEMBER 26, 2011
5/11/2011.: Tilemsi Phosphate Drilling Commences
3/8/2011Initiates Phosphate Studies
2/22/2011Receives Escrowed Shares
2/18/2011.: Arrete de la Miniere Permits Received for the Tilemsi Pho...
2/16/2011Retransmission-Great Quest Metals Ltd.: Remote Sensing Ident...
12/9/2010Retains Javelin Partners as Corporate Development Advisors
7/29/2010Sanoukou Gold Concession Advanced to Drill-Ready Status
6/23/2010Expands Phosphate Concession Areas in Mali to 737 sq km
4/13/2010Acquires the Sanoukou Gold Concession in Western Mali
12/4/2008Amends Warrant Terms
11/3/2008is Granted the Right to Acquire a Majority Interest in the T...
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