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Great Quest Granted Permit for Tarkint Est Concession, Tilemsi Phosphate Project
Published : February 27, 2013
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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
Data and Statistics for these countries : Mali | All
Gold and Silver Prices for these countries : Mali | All
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Great Quest Metals Ltd

EXPLORATION STAGE
CODE : GQ.V
ISIN : CA3909121038
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Annual reports of Great Quest Metals Ltd
2007 Annual Report
Financings of Great Quest Metals Ltd
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
8/13/2013Appoints Abdoulaye Pona to the Board of Its Mali Subsidiary
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
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.
6/3/2010(Kenieba)Sampling Program Identifies Gold in Over 8 Albitite Dykes on...
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...
11/24/2008(Tilemsi Phsophate)Receives Further Approvals for Tilemsi Phosphate Project
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
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 $1=2C152=2C850 Private Placement and Appoints Inve...
8/23/2012=2D News Alert
7/9/2012=2D News Alert
5/29/2012Alert
3/7/2012- news release
9/26/2011GQ - NEWS RELEASE SEPTEMBER 26, 2011
6/13/2011. Announces Results of Annual General Meeting
6/2/2011Accelerates Phosphate Exploration
5/11/2011.: Tilemsi Phosphate Drilling Commences
3/8/2011Initiates Phosphate Studies
2/22/2011Receives Escrowed Shares
2/18/2011.: Arrete de la Miniere Permits Received for the Tilemsi Pho...
2/16/2011Retransmission-Great Quest Metals Ltd.: Remote Sensing Ident...
12/9/2010Retains Javelin Partners as Corporate Development Advisors
7/29/2010Sanoukou Gold Concession Advanced to Drill-Ready Status
7/8/2010Phosphate Advisory Committee Appointed for Mali Phosphate Pr...
6/23/2010Expands Phosphate Concession Areas in Mali to 737 sq km
6/9/2010Reports on its Annual General Meeting
4/13/2010Acquires the Sanoukou Gold Concession in Western Mali
1/18/2010Acquires Option on Concession in Prolific West Mali Gold Bel...
1/9/2010Completes Sale of Kenieba Concessions for Cash and Shares of...
9/3/2009Reports Area of Tin Hina Concession Increased from 230 to 41...
7/10/2009Reactivates the Baoule River Gold Concession
12/4/2008Amends Warrant Terms
11/3/2008is Granted the Right to Acquire a Majority Interest in the T...
11/8/2007 Completes Sale of Convertible Debenture
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TSX-V (GQ.V)OTHER OTC (GQMLF)
1.41+0.71%1.34-15.19%
TSX-V
CA$ 1.41
04/17 15:59 0.010
0.71%
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81,600 -22.95%
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