Silver Quest Resources Ltd.

Silver Quest Resources Ltd.

April 05, 2006 09:30 ET

Silver Quest Resources Ltd.: Drilling on Davidson Project Expands New Gold Zone

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 5, 2006) -


Silver Quest Resources Ltd. (the "Company") (TSX VENTURE:SQI) is pleased to announce significant drill results from the Company's recently completed diamond drilling program at its 100% owned Davidson Project in central British Columbia. The primary focus of the program was to follow-up drill hole DAV-05-02 (see news release dated November 3, 2005), which encountered a new zone of disseminated gold mineralization on the Davidson Project.

Partial results from Hole DAV-06-06 include:

Drill depth (m) Intercept (m) Gold (g/t) Silver (g/t) Copper%
67.0 - 75.0 8.0 metres 10.70 g/t Au 42.8 g/t Ag 0.12 %

The estimated true width of this intercept is 6.0 metres.

Within the 8.0 metre interval reported above, a high grade interval includes:

Drill depth (m) Intercept (m) Gold (g/t) Silver (g/t) Copper%
67.0 - 69.0 2.0 metres 35.35 g/t Au 153.0 g/t Ag 0.38 %

The estimated true width of this intercept is 1.5 metres. This interval initially returned 35.90 g/t Au and 152.0 g/t Ag, with a check assay of 34.80 g/t Au and 154.0 g/t Ag.

The above intervals are within a larger mineralized zone of:

Drill depth (m) Intercept (m) Gold (g/t) Silver (g/t) Copper%
49.0 - 75.0 26.0 metres 3.98 g/t Au 19.0 g/t Ag 0.10 %

The estimated true width of this intercept is 19.5 metres.

Hole DAV-06-06 was collared approximately 70 metres southwest of drill hole DAV-05-02, and was drilled at an inclination of -55 degrees, to a total depth of 157 metres. To date, assay results have been received to a depth of 119.0 metres. Based on a preliminary interpretation of the results of DAV-05-02, and DAV-06-06, the new zone of disseminated gold-silver mineralization dips steeply to the north and is hosted in lapilli tuffs, breccias and flows. As announced on November 3, 2005, Hole DAV-05-02 intersected, from 136.0 to 148.0 m depth, 4.93 g/t Au and 17.1 g/t Ag over 14.00 metres, within a larger zone from 96.0 to 160.0 m, 1.80 g/t Au and 6.5 g/t Ag, over 64.0 metres.

The Davidson Project is located approximately 100 kilometres southwest of Vanderhoof in central British Columbia, and approximately 450 kilometres north of Vancouver. As planned, two holes have now been completed (DAV-06-06 and DAV-06-07). Assay results are pending on Hole DAV-06-07 and on the remaining portion (from 119 metres to 157 metres) of DAV-06-06. A follow-up drill program is currently being planned. Details of additional programs will be announced as they become available.

The primary assays were performed by Eco Tech Laboratory in Kamloops, and further check assays will be submitted to Acme Analytical Laboratories in Vancouver. Falcon Drilling Ltd. of Prince George is the drill contractor on both projects. Mr. Robert Weicker is the Qualified Person, as defined by National Instrument 43-101, for the Davidson Project and supervised the preparation of the technical information in this release and verified the scientific and technical information and opinions contained herein by reviewing the underlying data.

Silver Quest is an established Canadian junior exploration company with a focus on silver and gold projects, with nine mineral properties in B.C., Ontario and the Yukon. For Silver Quest property locations and information, visit the Company's web site at


Robert Weicker, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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