Northquest Ltd.
TSX VENTURE : NQ
FRANKFURT : N3Q

Northquest Ltd.

April 14, 2016 09:52 ET

Northquest Ltd. Files Technical Report for Pistol Bay Project in Nunavut, Canada

TORONTO, CANADA--(Marketwired - April 14, 2016) - Northquest Ltd. (TSX VENTURE:NQ)(FRANKFURT:N3Q) ("Northquest" or "the Company") is pleased to announce that it has filed on SEDAR a technical report titled "Technical Report on the Pistol Bay Project, Eastern Nunavut Territory, Canada" in respect of the Company's Pistol Bay project in eastern Nunavut, Canada (the "Technical Report"). The Technical Report was authored by Roscoe Postle Associates Inc., and has an effective date of March 31, 2016. The Technical Report can be viewed under the Company's issuer profile on SEDAR at www.sedar.com.

Additional information relating to the Pistol Bay Project can be found in the Company's publicly-filed documents under the Company's issuer profile on SEDAR at www.sedar.com.

About Northquest

Northquest is a mineral exploration company focused on the acquisition, exploration and development of properties for the mining of gold and other minerals. For further information please visit www.northquest.biz.

Cautionary Note Regarding Forward-Looking Information

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These statements relate to future events or future performance and reflect the Company's expectations regarding the future growth, results of operations, business prospects and opportunities. In some cases forward-looking information can be identified by terminology such as "may", "will", "should", "expect", "intend", "plan", "anticipate", "believe", "estimate", "projects", "potential", "scheduled", "forecast", "budget" or the negative of those terms or other comparable terminology. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to impact of general economic conditions, industry conditions, volatility of commodity prices, risks associated with the uncertainty of exploration results and estimates, metallurgical test results and that the resource potential will be achieved on exploration projects, currency fluctuations, dependence upon regulatory approvals, political and country risk, and the uncertainty of obtaining additional financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

  • Northquest Ltd.
    Jon North, Ph.D., P.Geo.
    President and Chief Executive Officer
    Tel. (416) 306-0202
    Mobile (416) 786-6348