October 13, 2005 12:49 ET

eResearch Issues Initiating Report on Quincy Energy Corp.

TORONTO, ONTARIO--(CCNMatthews - Oct. 13, 2005) - eResearch analyst, Michael Wood, B.A. (Sc.) (Mining Engineering) has written an Initiating Report on Quincy Energy Corp. (TSX VENTURE:QUI). Quincy Energy, formerly Quincy Gold, is a junior mining exploration company focused primarily on developing uranium properties. It also has several gold exploration properties. All of its properties are in western United States.

In the Report, Mr. Wood states that, "... Quincy seems to have sufficient cash to fund both their normal operations and stated exploration plans for the next 24 months without having to go back to the capital markets."

Mr. Wood goes on to say, "Given the Company's focus on developing its uranium and gold properties, and with a buoyant outlook for both of these commodities, we believe the shares will perform well over the coming months."

eResearch is Canada's primary source for independent, quality, investment research, focused primarily on small- and mid-cap companies. Our focus is on identifying interesting, under-valued, under-covered, and over-looked companies that have interesting prospects, sound management, and significant potential for share price appreciation. We provide the investment community with a consistent, quality source of information and analysis, which has the potential of reaching up to 6 million global investors through our distribution networks. Clients include institutional and retail investors, investment dealers, limited market dealers, and corporations. eResearch does not trade in the securities of the companies it covers, nor does it accept any stock related compensation for research services. eResearch does not engage in retail or institutional sales, trading, or corporate finance activities, nor does it conduct investment banking or investor relations services for the companies covered.

Quincy Energy Corp. paid eResearch a fee of C$4,800 to conduct research on the Company, on a single report only basis.

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