Quincy Gold Corp.

Quincy Gold Corp.

March 04, 2005 10:07 ET

Quincy Gold Forms Alliance with Energy Metals Corporation


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: QUINCY GOLD CORP.

TSX VENTURE SYMBOL: QGO
OTC Bulletin Board SYMBOL: QCYG

MARCH 4, 2005 - 10:07 ET

Quincy Gold Forms Alliance with Energy Metals
Corporation

TORONTO, ONTARIO--(CCNMatthews - March 4, 2005) - Quincy Gold Corp.
(OTCBB:QCYG)(TSX VENTURE:QGO) is pleased to announce the formal
execution of a Memorandum of Understanding between Quincy Gold and
Energy Metals Corporation (TSX VENTURE:EMC) to facilitate a spirit of
co-operation in the acquisition and development of uranium deposits.
Although the two companies will remain independent with their own staffs
and objectives, they have agreed to allow each other access to their
technical experts on staff. They have also agreed to share certain
office facilities in Vancouver and to co-operate with one another on
certain corporate development matters. Quincy will maintain its
independent focus on the exploration and development of uranium deposits
in the states of New Mexico and Texas.

This press release was prepared by Quincy Gold Corp., which accepts the
responsibility as to its accuracy. The TSX Venture exchange does not
accept responsibility for the adequacy or accuracy of this release.

Information Regarding Forward-Looking Statements: Except for historical
information contained herein, the statements in this Press Release are
forward-looking statements that are made pursuant to the safe harbor
provisions in the Private Securities Legislation Reform Act of 1995.
Forward-looking settlements involve known and unknown risks and
uncertainties, which may cause Quincy's actual results in future periods
to differ materially from forecasted results. These risks and
uncertainties include, among other things: volatility of natural
resource prices; product demand; market competition and risks inherent
in Quincy's operations. These and other risks are described in the
Company's Annual Report or Form 10-K and other filings with the
Securities and Exchange Commission.

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