NQ Exploration Inc.

NQ Exploration Inc.

March 09, 2009 11:31 ET

NQ Exploration Inc.: Jacquelin Gauthier Appointed as Vice President, Exploration

LAVAL, QUEBEC--(Marketwire - March 9, 2009) - NQ Exploration Inc. (TSX VENTURE:NQE) is pleased to announce the appointment of Jacquelin Gauthier as Vice President, Exploration for the Company.

Mr. Gauthier has broad experience in mining exploration and geology, having worked as Exploration Manager for majors such as Kinross Gold Corp., Bema Gold Corp., Cambior Inc. and Noranda Exploration Inc. Mr. Gauthier earned a bachelor's degree in applied science (geological engineering) in 1975. After two years of graduate studies, he began his career with SEREM Quebec, a subsidiary of French company BRGM, then moved to Morrisson Minerals and Groupe Minier Sullivan. He was also the president of Azimuth Exploration Inc. and worked as a consultant for Geosciences J. Gauthier Enr. and Services Geoscientifiques Kiwatin Inc. Over the course of his career, with three different teams, he has been directly responsible for three discoveries that proved to be economic.

From 1986 to 2000, Mr. Gauthier participated in three advisory boards for the Quebec and federal Departments of Natural Resources, as well as a number of geoscience forums and committees. He was also the director and vice president of the Quebec Prospectors Association and the Association of Professional Geologists and Geophysicists of Quebec.

The Company has granted Mr. Gauthier 600,000 stock options to acquire common shares at $0.20 per share. The options vest as follows:

- 200,000 options upon signature of the employment contract;

- 200,000 options twelve months after the effective date;

- 200,000 options twenty-four months after the effective date.

Initially, Mr. Gauthier will devote 50% of his time to the Company's business.


NQ Exploration Inc. is a new mining exploration company with a large portfolio of 23 mining properties in the James Bay region of Quebec. NQ Exploration Inc. is betting on Quebec's excellent mineral potential and favourable investment climate to produce new world-class gold, base metal and uranium deposits.


This press release contains forward-looking statements subject to risks and uncertainties. Consequently, there is no assurance that such statements will prove to be accurate, and actual results and future events may differ considerably from those anticipated by such statements. Such risks and uncertainties are described in the quarterly management discussions and analyses and documents filed with regulatory authorities by NQ Exploration Inc. NQ Exploration Inc. does not undertake to publicly update or revise forward-looking statements on the basis of new information or future events or for any other reason.

The TSX Venture Exchange does not assume any responsibility for the adequacy or accuracy of this press release.

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