GoldQuest Mining Corp. works in identification, acquisition, and exploration of mineral resource properties in the Dominican Republic. It was incorporated in the year 1989 and has its headquarters located in Toronto, Canada. GoldQuest focuses on the development of mining processes for different materials.
The company focuses on the metals like gold, silver, copper and zinc deposits. It owns a whole interest in the Romero project consisting of 2 mineral deposits and covering a huge area of about 4K hectares in the southern region of Central Cordillera (Hispaniola). The second property includes fifteen concessions consisting of about 21K hectares of land in the Dominican Republican province San Juan de la Maguana. The company is completely focused on the Romero project and have further explorations for the Tireo Property.
Apart from having the headquarters in Toronto, the company has its Country Office in Santo Domingo (the Dominican Republic). It owns 100 percent interest in the properties through the different subsidiaries in various regions. One of the major subsidiaries of the company is GoldQuest Mining (a British Virgin Islands Company) Corporation. The company has a strong management team with proven mining experience in the Dominican Republic. It is advancing its projects having the optimized approach for the Tireo formation properties.
The company has a 52-week low stock value of $ 0.12 and the high at $ 0.37. The management and board of directors are highly experienced and are generating new ways to give a successful approach to the company. The Romero project is located in a mining friendly jurisdiction and has a good scope for the progression of the company. There is a huge potential of the company’s success in the Tireo formation properties and the company has the best mining range belt.
GoldQuest Mining Corp. has a strong support from local segment and government. The company holds a strong position as it has $ 30.192 Million value of market capitalization and holds no debt. It has positive PEA (Preliminary Economic Assessment) for the Romero Project. GoldQuest maintains the best standards for corporate governance. The company’s technical committee has exploring, development, construction and operational activities based on the reserves on mineral resource properties. It has best-in-class property practices.
The company maintains the environmental quality for the continuous development. The environmental standards followed by the corporation are high-end. The company focuses greatly on the worker safety, conservation of natural resources and minimization of the impact of activities on the environment on different grounds. The company has the measurable framework for the performance of the activities of the company and holds every activity in a way to hold the environmental regulations and commitments in the best way. There are better prospects projected for the company due to its supreme management and approach towards building a positive mode.
The Audit Committee of the company is also designated for communicating directly with the internal and external auditors (report to the audit committee directly). It is expected that the company’s stocks will grow in the coming phases with the optimistic attention towards gold in all the ways.