공지 • Mar 23
GoldQuest Mining Corp. Reports New High-Grade Polymetallic Massive Sulphide Discovery At Cachimbo Target GoldQuest Mining Corp. announced results from the ongoing exploration campaign at the Cachimbo target. Drill hole TIR-26-58 has intersected a significant high-grade polymetallic zone, confirming a new mineralized parallel structure located to the northeast of the known Cachimbo mineralized zone. The intercept returned high-grade values for gold, silver, copper and zinc, with a notable high-grade core of 3.59 metres grading 17.63 g/t AuEq. This discovery represents the first major drill success at Cachimbo following the resumption of drilling after a nine-year hiatus and identifies a new target for additional drill testing. TIR-26-58: 12.26 m @ 2.52 g/t Au, 50.7 g/t Ag, 0.94% Cu & 12.0% Zn from 104.5 m depth. High-Grade Core: Including 3.59 m @ 5.74 g/t Au, 128.88 g/t Ag, 2.18% Cu, and 27.6% Zn. New Structure: The intercept confirms a new mineralized parallel structure, significantly expanding the potential footprint of the Cachimbo discovery. Open at Depth: Mineralization remains open in multiple directions, with further drilling planned to test the continuity of this new zone. Geophysics Program Underway: A Pole-Dipole Induced Polarization (PD-IP) survey is being executed to improve drill targeting. Hole TIR-26-58 was positioned to test a structural offset identified through recent detailed structural re-interpretation. The mineralization is hosted within a sequence of lithic and mafic tuffs, characterized by massive to semi-massive sulfide assemblages. The presence of high-grade copper (2.18% Cu) silver (128.88 g/t Ag) and zinc (27.61% Zn) within the core of this intercept confirms that the new parallel structure is a high-tenor polymetallic system. This second structure significantly expands the potential volume of the Cachimbo target, as it remains open along strike and down-dip. Table 1 below shows a detail of the intercepts and grades. Table 1: Results from hole TIR-26-58 HoleID From(m) To(m) Interval(m) Au g/t Cu % Ag g/t Pb % Zn % Au Eq g/t TIR-26-58 64.65 76.91 12.26 2.52 0.94 50.7 0.26 12.0 7.62 Includes 73.32 76.91 3.59 5.74 2.18 128.88 0.65 27.61 17.63 *Interval grades are calculated using uncapped assays. Gold values did not exceed 21.9 g/t which is below the capping level for Romero of 72.2 g/t. Intervals may not represent true widths. There is insufficient drilling to determine the exact orientation of the mineralized zones at this time. AuEq was calculated by using metal prices of Au USD 3,450/ounce, Cu USD 5.1/pound, Ag USD 37.4/ounce, Zn USD 3,280/ton and Pb USD 1,920/ton. No metal recoveries utilized. Exploration at Cachimbo is ongoing. While the initial results for TIR-26-58 are encouraging, assays for the second half of the hole remain pending and are expected shortly. Furthermore, drilling of holes TIR-26-57 and TIR-26-59, which targeted the down-dip extension of the primary Cachimbo zone, have been completed. Results from hole TIR-26-57 did not return significant intercepts, while results for hole TIR-26-59 are currently pending laboratory analysis. The rig has now transitioned to TIR-26-60, targeting deep extension of Cachimbo. In addition to the drilling, a new PD-IP survey is now being carried out. Two lines are already completed, and results shows a good correlation between low and high chargeability contrast and mineralization, especially at the newfound VMS structure. 공지 • Feb 27
GoldQuest Mining Corp. Announces Board Changes, Effective February 26, 2026 GoldQuest Mining Corp. announced the appointments of Coille Van Alphen and Jose Michelen to the Company's board of directors, effective immediately, to fill the vacancies created by the resignations of Bill Fisher and Julio Espaillat from the Board. Mr. Fisher and Mr. Espaillat have served on the Board for 16 years and 15 years, respectively. The Company would like to thank them both for their valuable contributions and service to GoldQuest over the past years and wishes them continued success in their future endeavors. Coille Van Alphen. Ms. Van Alphen is a Metals & Mining Portfolio Manager at Equinox Partners, a US-based global value investment firm recognized for its long-term investment horizon and focus on good corporate governance. In this role, she manages a concentrated portfolio of precious metals miners and oversees investments in base metals companies. Previously, Ms. Van Alphen was Senior Analyst of a precious metals mutual fund at Toqueville Asset Management (now Sprott Funds), where she was responsible for evaluating and monitoring global mining equity investments. Earlier in her career, she worked at CPP Investment Board in global capital markets and external portfolio management. Ms. Van Alphen holds an MBA, graduating with distinction, from the Ivey School of Business at Western University and is a CFA charterholder. Jose Michelen. Mr. Michelen has profound corporate and investment experience in the Dominican Republic and South America and has a track record of implementing and executing strategic corporate development goals within various enterprises. He has been active in financial markets since 1996, initially working in New York before co-founding a financial transactional platform in the Dominican Republic in 2002. Since 2004, Mr. Michelen has focused on actively managing and overseeing investments across various industries in the Dominican Republic and Central America. He is a founding partner and board member of several Dominican financial institutions, including Centro Financiero Crecer, AG Investments and Alpha Valores, and has served on the board of directors of the Bolsa de Valores de la Republica Dominicana. He currently serves on the Board of Cevaldom. Mr. Michelen holds an MBA from the Massachusetts Institute of Technology and a Bachelor of Science degree from New York University. 공지 • Jan 14
Goldquest Mining Corp. announced that it has received CAD 41.999999 million in funding On January 13, 2026, Goldquest Mining Corp. closed the transaction by closing its third and final tranche. Under the third tranche, the company issued 2,744,542 Units at a price of CAD 1.21 per Unit, for total gross proceeds of CAD 3,320,895.82. Combined with the First Tranche and Second Tranche, the Company has issued a total of 34,710,743 Units under the Private Placement, for gross proceeds of approximately CAD 41,999,999.03. In connection with the Third Tranche, the Company paid cash finder's fees of CAD 100,000.45 to Paradigm Capital Inc. and CAD 66,044.34 to Milenio Partners, S.A., each an arm's length party. All Common Shares and Warrants issued pursuant to the Private Placement are subject to a four-month statutory hold period under applicable Canadian securities laws. Recent Insider Transactions • Jan 10
Director recently sold €104k worth of stock On the 9th of January, Julio Espaillat sold around 100k shares on-market at roughly €1.04 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €124k. Insiders have been net sellers, collectively disposing of €732k more than they bought in the last 12 months. New Risk • Jan 07
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 18% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (21% increase in shares outstanding). Significant insider selling over the past 3 months (€370k sold). Board Change • Dec 30
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 5 highly experienced directors. Independent Director Charles Reid was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
