Micon’s senior engineering team is currently visiting the project and coordinating activities including mine planning, infrastructure and mill options.
The Company recently published a NI 43-101 mineral resource estimate at the Romero Project which included 2.4 million ounces of gold equivalent Indicated mineral resources and 0.8 million ounces of gold equivalent Inferred mineral resources. Pursuant to NI 43-101, the company will be filing a technical report with respect to such mineral resource estimate by December 13, 2013.
Highlights:
PEA commenced and Micon engineering is at site
Metallurgical work is underway with ALS Minerals in Kamloops, British Columbia
Environmental base line studies for PEA and permitting well underway
"We are proud to announce this important milestone for the Romero Project," commented Julio Espaillat, GoldQuest’s CEO. "In addition to starting the PEA we are well positioned having the majority of our Romero mineral resource in the Indicated category. This would allow us to fast track the project without having to complete costly infill drilling."
The Romero PEA is expected to be completed in early Q2 2014. The Company is aggressively exploring the surrounding Tireo Project, as well as targets in and around the Company’s Romero and Romero South discoveries.
