GoldQuest Mining Corp. reports exploration, permitting and corporate updates tied to its mineral projects in the Dominican Republic. News centers on the 100%-owned Romero Gold-Copper Project, including drilling, metallurgical testwork, geotechnical and hydrogeological programs, and the Environmental and Social Impact Assessment process under Dominican regulation. Company updates also cover stakeholder engagement, government and community dialogue, and exploration results from the Cachimbo target, including polymetallic mineralization.
Recurring corporate news includes private placements of units, common shares and warrants, board composition changes, and TSX Venture Exchange and OTCQX trading-related recognition or status updates.
GoldQuest Mining (GDQMF) has appointed veteran mining engineer Martin Wafforn to its board of directors and granted equity incentives to leadership. Mr. Wafforn brings over 40 years of technical, operational and project development experience, including senior roles at Pan American Silver, Barrick Gold and Homestake Mining, and currently serves on the board of New Pacific Metals and as a Senior Technical Advisor to Pan American Silver.
The company granted an aggregate of 1,100,000 stock options to certain directors and officers, exercisable at $0.75 per common share, expiring on September 16, 2031. The options vest in three equal tranches: on the grant date, six months after grant and one year after grant, under GoldQuest’s Amended and Restated Stock Option Plan. The board also approved the cancellation of 40,000 options that had been granted in error to a former employee.
GoldQuest Mining (GDQMF) has appointed Dennis Kwong, CFA, CPA, as Chief Financial Officer effective September 15, 2026, succeeding Paul Robertson, who has served as CFO since 2010.
Kwong is a senior mining finance and corporate development executive with experience across capital markets, M&A, project financing and corporate finance. He was most recently CFO of Florida Canyon Gold, where he helped execute the company’s spinout and public listing, a sale of its Mexican business to Heliostar Metals, and a merger with Integra Resources. Prior to that, he spent about 15 years at Centerra Gold, leading or contributing to transactions including Centerra’s US$1.1 billion acquisition of Thompson Creek Metals, its C$310 million acquisition of AuRico Metals and the acquisition of the Goldfield Project in Nevada. Earlier roles at Xstrata Nickel, Falconbridge and Noranda included helping structure the financing plan for the US$3.9 billion Koniambo nickel project.
GoldQuest (OTCQX: GDQMF) granted 7,840,000 stock options to directors, officers, employees and consultants under its Amended and Restated Stock Option Plan.
The options were granted on June 1, 2026, have a five-year term, a $1.16 exercise price (5% above market), and vest in three tranches over one year.
GoldQuest (OTCQX:GDQMF) reported high-grade assay results from five metallurgical drill holes at the 100%-owned Romero gold-copper project in the Dominican Republic.
Intercepts include 38.6 m at 45.01 g/t Au and 2.44% Cu, and local model comparison shows a 43% gold grade increase within 10 m cylinders. Metallurgical work supports conventional flotation and ongoing feasibility studies.
GoldQuest Mining (OTCQX: GDQMF) reported new drill results from the Cachimbo target in the Dominican Republic.
Follow-up hole TIR-26-62, 60 m northeast of TIR-26-58, cut 12.15 m @ 8.60 g/t Au, 128.2 g/t Ag, 0.77% Cu, 11.21% Zn, 0.34% Pb (14.14 g/t AuEq) from 277.35 m, confirming a high-grade polymetallic VMS level.
A 3.35 m sub-interval averaged 9.95 g/t Au and 35.85% Zn, with one zinc sample above the 40% detection limit, under re-analysis. Mineralization remains open along a 7.5 km anomalous corridor, and assays from a deeper stringer zone are pending.
GoldQuest (OTCQX: GDQMF) provided an investor update on May 5, 2026 regarding the Romero Project. The government announced a temporary halt to Romero-related activities while public concerns are addressed. The project remains in the environmental evaluation stage with no exploitation permit granted.
GoldQuest said it will continue ESIA work per IFC standards, engage local stakeholders, comply with Law 64-00, and monitor developments, highlighting potential economic benefits such as employment and infrastructure.
GoldQuest (OTCQX: GDQMF) reaffirmed its commitment on May 4, 2026 to the responsible and transparent development of the Romero Project in the Dominican Republic.
The company said the project is progressing through the Environmental and Social Impact Assessment (ESIA) under national Terms of Reference and aligned with international standards, and that it is engaging with communities, government authorities, and an independent academic observer to strengthen technical oversight and public transparency.
GoldQuest (OTCQX: GDQMF) reports preliminary visual drill results from Romero, Dominican Republic showing mineralization beyond the current resource model.
Holes LTP-182 (220–270 m; 413.75–449.73 m) and LTP-183 (510–555.1 m) intercepted pyrite-chalcopyrite-sphalerite with silica alteration. New rig being mobilized; assays expected by early June.
GoldQuest (OTCQX: GDQMF) reported a new high-grade polymetallic discovery at the Cachimbo target on March 23, 2026. Drill hole TIR-26-58 returned 12.26 m @ 2.52 g/t Au, 50.7 g/t Ag, 0.94% Cu, 12.0% Zn with a 3.59 m core @ 17.63 g/t AuEq.
Mineralization is open in multiple directions, a PD-IP geophysics program is underway, and the rig has moved to TIR-26-60 as part of a 5,000 m program (1,145 m completed across 3 holes).
GoldQuest (OTCQX: GDQMF) appointed Coille Van Alphen and Jose Michelen to its board of directors effective February 26, 2026, filling vacancies created by the resignations of Bill Fisher and Julio Espaillat.
The company highlighted the new directors' experience in capital markets, corporate governance, finance and strategic development and said these additions will support advancement of the Romero Project through permitting and toward development. Fisher and Espaillat served on the board for 16 years and 15 years, respectively.