Tuesday, 27 September 2011

Great Quest Metals intersects strong phosphate mineralization at Tilemsi project in Mali

Great Quest Metals (CVE:GQ) announced Monday its 5,049-metre drill program confirmed the presence of high-quality
phosphate mineralization in two of five targets on the Tilemsi property, located in northeastern Mali.

A total of 275 holes were drill on the property, covering only a small portion of the company's 737 square kilometre
project.

Drill results from the Tin Hina prospect area intersected two distinct seams. The first seam, which was intersected
in 104 of the holes, averaged 6.62 metres in depth, 1.43 metres in thickness, and graded an average of 23.73%
phosphate.

The four deeper holes at the Tin Hina target intersected a second seam, which graded an average of 27.6% phosphate,
with an average thickness of 1.75 metres, and at an average depth of 8.0 metres below the first seam.
Great Quest said this lower seam may extend further, but its shallow drill rigs likely would not have intercepted
it.

Meanwhile, at the second Alfatchafa target, drilling intersected a single seam in 72 drill holes, which averaged
22.69% phosphate, at an average depth of 18.75 metres, and with an average thickness of 0.9 metres.
The company said these assays indicated that the phosphate rock in both target areas is identical, and of very high
quality. Likewise, the phosphate rock sampled showed to be very low on many common impurities, like cadmium and
uranium.

Great Quest director Ehud Levy said: "The preliminary results from the exploratory drilling are promising and show
that the phosphate rock is of high quality, which is most likely to make it suitable for direct application, as well
as phosphoric acid and fertilizer production."

The Chanameguille target, which Great Quest said is highly prospective, was not tested in the initial round of
drilling, though some of its visually distinguishable occurrences were samples.

A second phase of drilling is planned to follow-up on and extend the Tin Hina and Alfatchafa targets, which each
remain open in multiple directions, Great Quest said.

Based in Vancouver, B.C., Great Quest shares slipped 2.37% as of 2:58 pm EDT, to trade at $2.88.

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