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GoldQuest Reports Potential Depth Extension at Romero Gold-Copper Project, Dominican Republic

GoldQuest reported visual drilling results from Romero indicating mineralization beyond its current resource model, with holes LTP-182 and LTP-183 intersecting multiple favourable intervals (220–270 m and 413.75–449.73 m in LTP-182; 510–555.1 m in LTP-183). The company has paused these holes pending a more capable rig to reach target depths and expects assays by early June. Market impact: the findings suggest potential to expand the Romero resource and could be positive for GoldQuest’s valuation, but confirmation depends on forthcoming assay results and further drilling. Near-term sentiment is cautiously bullish given the encouraging visual intercepts but remaining uncertainty until assay data.

Category

Gold

Sentiment

Bullish

Event

Milestone

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