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GoldQuest reveals ‘new find’ in western Dominican Republic

San Juan de la Maguana, Dom. Rep.- Canadian miner GoldQuest announced finding a new deposit of 2.7 million ounces of gold, silver and copper in the community of El Romero (west) at the end of its first stage of perforation, which added to  the 370,000 at Hondo Valle total 3.2 million ounces that could be extracted.

GoldQuest said the ore was found on five platforms, just 600 meters long, 400 wide and 300 meters deep, “for which the prospects for the existence in the area of new and larger deposits is very promising.”

It said the gold is divided into 2.4 million ounces evaluated as indicated and 800,000 as inferred.

the company began perforations 17 months ago in what at that time was considered an area of geological interest, north of a small, already known mineral deposit in the project at Las Tres Palmas, San Juan province.

Source: DT

Category: DR News |

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Last updated October 22, 2016 at 2:00 PM
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