Tilemsi Bulk Samples Average Above 24% Drilled Inferred Resource Grade

Great Quest Metals Ltd (the "Company" or "Great Quest") (TSX VENTURE: GQ) is
pleased to report positive results from field work at the Tilemsi Phosphate
project in Mali, West Africa. Bulk sampling was conducted in October 2013, for
the purposes of testing for detailed engineering and for the fabrication of
beneficiated phosphate product for 2014 field demonstrations. Analysis of the
material has returned grades notably higher than the drill inferred resource
grade.


Outcrop samples AFL17 through AFL20 are the first results from the Aderfoul
license and prove its prospectivity - with phosphate grades in excess of 30%
P2O5. These new results extend mineralization for more than 1000m along strike
from the boundary of the resource block of Tin Hina (20MT at 24.24% P2O5).


A total of 6.5 tonnes of material was collected from 21 pits and cliff faces,
and each assayed individually. Grades ranged from 26.3% to 33.9% P2O5, giving an
average of 29.93% P2O5. The bulk sample assays compare favorably with the
average grade of the inferred resource of 50 MT at 24.3% P2O5. 


The bulk samples taken in October were compared to the closest rotary air blast
drill hole results used in determining the inferred resource. The larger bulk
sample grades were all higher than the drill holes by variable amounts (see
attached map). The current results corroborate pit sampling results from late
2011 (see PR from February 1st, 2012), which demonstrated average results higher
by about 5% P2O5- 29.3% P2O5 in the pit samples as compared with 24.1% P2O5 from
adjacent drill holes. 


The rotary air blast drill was used for the resource estimate as at the time
there was no other alternative available. The results recorded during this bulk
sample program both from pits and outcrops sampling suggest that the grades of
resources at Tilemsi were underestimated. 


Jed Richardson, President and CEO, commented on the results, "Beyond the
positive grade surprise, the bulk sampling program itself was an important
milestone, as the first field program conducted since trouble in Mali's north
forced a cessation of field work in December 2011. Security in the region
continues to improve giving the Company the confidence to continue on site work,
and move forward with pilot scale production."


The Company would also like to report that it has successfully renewed the
permit relating to the Sonoukou gold project, with the Malian Ministry of Mines.
All permits are in good standing, and the Company enjoys a collaborative
relationship with the Malian administration.




---------------------------
Sample #P2O5 (%)Sample Type
---------------------------
  AFL1    28.10   outcrop  
---------------------------
  AFL2    30.12   outcrop  
---------------------------
  AFL3    28.73   outcrop  
---------------------------
  AFL4    27.35   outcrop  
---------------------------
  AFL5    32.92   outcrop  
---------------------------
  AFL6    29.92   outcrop  
---------------------------
  AFL7    30.64   outcrop  
---------------------------
  AFL8    27.21   outcrop  
---------------------------
  AFL9    31.99   outcrop  
---------------------------
  AFL10   32.09   outcrop  
---------------------------
  AFL11   29.83   outcrop  
---------------------------
  AFL13   30.21   outcrop  
---------------------------
  AFL14   27.24   outcrop  
---------------------------
  AFL15   30.86   outcrop  
---------------------------
  AFL17   32.03   outcrop  
---------------------------
  AFL18   26.31   outcrop  
---------------------------
  AFL19   32.18   outcrop  
---------------------------
  AFL20   33.94   outcrop  
---------------------------
  THB32   28.92     pit    
---------------------------
 THB166   28.92     pit    
---------------------------
 THB188   28.92     pit    
---------------------------



The technical information of this news release has been reviewed and approved by
Jed Diner (P. Geol), a qualified person for the purposes of National Instrument
43-101. 


About Great Quest
Great Quest Metals Ltd. is a Canadian mineral exploration company focused on the
development of African agricultural mineral projects for local production of
farm ready fertilizers. The Company's flagship asset is the Tilemsi Phosphate
Project, encompassing 1,206 km² in northeastern Mali, containing high quality
phosphate resources amenable to use as direct application fertilizer. 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" 

President, Chief Executive Officer and Director

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



Image Available:
http://www.marketwire.com/library/MwGo/2014/3/26/11G013745/Images/graphic-498525306857.jpg



FOR FURTHER INFORMATION PLEASE CONTACT: 

For more information:
Great Quest Metals Ltd 
Toll Free: 1 877-325-3838
Great Quest Fertilizer (TSXV:GQ)
過去株価チャート
から 5 2024 まで 6 2024