Great Quest eyes Kenieba (August 20, 2001)

Vancouver — Great Quest Metals (GQ-V), a firm believer that gold prices will be heading higher, has added the Kenieba concession to its portfolio of gold properties in Mali, West Africa.

The junior can earn a 95% stake in the 32-sq.-km project by paying $115,000 over four years. Of this total, Great Quest paid $70,000 on signing. The project is northwest of the town of Kenieba. Locals have been recovering gold from it for more than 350 years.

Of interest to the junior is the 7-km portion of a 15-km north-northeasterly fault in Birimian rock. A 5-to-10-metre-wide granitic dyke has been emplaced along most of the fault on the concession. Small-scale miners have dug pits along this contact, where quartz veins with gold occur in the dyke. After the rainy season, Great Quest plans to launch an initial field program in an attempt to define drill targets.