Great Quest drills out Djambaye (October 13, 2006)

A resource estimate prepared for Great Quest Metals (GQ-V) on its Djambaye 2 gold prospect in the Kenieba gold belt of western Mali shows a preliminary resource of just over 130,000 oz.

Consultant Carl Verley put the inferred resource at 929,000 tonnes grading 4.5 grams gold per tonne, considering only vein material along the Djambaye 2 structure. The estimate, based on 31 drill holes, did not allow for any mining dilution.

The structure, north-striking and steeply east-dipping, has been traced for 3.1 km and drill tested along a 1.1-km strike length. It hosts diorite and rhyodacite dykes with gold-mineralized quartz veins. The deepest mineralized intersection found so far was at 110 metres vertical depth, and the structure averages around 2.7 metres wide.

Great Quest plans to drill along strike on Djambaye 2. It also has holes planned on other structures on its Kenieba property, which adjoins Nevsun Resources’ (NSU-T, NSU-X) Tabakoto project, recently put into production. Chief among the upcoming drill targets is Djambaye 1, a parallel structure to Djambaye 2 about 400 metres to the east. Earlier drilling on Djambaye 1 intersected a 7.9-metre zone grading 8 grams gold per tonne.

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