The Northern Miner August 8 2016 Issue 26

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TREASURY METALS: JOINS FORCES WITH GOLDEYE IN ONTARIO / 3 Geotech_Earlug_2016_Alt2.pdf 1 2016-06-24 4:27:20 PM

SPECIAL FOCUS

CANADA’S EAST COAST High gold grades and active juniors / 7–9

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AUGUST 8–14, 2016 / VOL. 102 ISSUE 26 / GLOBAL MINING NEWS · SINCE 1915 / $3.99 / WWW.NORTHERNMINER.COM

GoldQuest’s Romero at ‘decision point’

Yukon Premier supports mines

SITE VISIT

| Cashed up junior to drill ‘low-hanging fruit’ in Dominican Republic

ROUNDUP   |

YGS and MDRU gain insights into territory’s geology BY LESLEY STOKES lstokes@northernminer.com DAWSON CITY, YUKON

L

ining the quartz-gravel roads of Yukon’s Dawson City, the commercial hub of the legendary Klondike placer goldfields, are a number of derelict buildings that once gave refuge to the miners who risked it all in their pursuit for gold. The hardships they endured are stark in comparison to the challenges explorers face today, as companies probe deeper into the crust with scientific precision, always at the mercy of distant commodity markets. But at the core of every explorer is “unwavering tenacity,” Premier Darrell Pasloski said during a presentation at this year’s Yukon Mining Alliance investment conference in Dawson City, and mining has been “one of the Yukon’s greatest strengths for well over a century. “At the start of the gold rush in 1896, 10,000 people began the journey to reach Dawson’s gold-filled creeks, and those who stayed helped shape the Yukon as we know it today,” he said. “We are a territory that’s proud of our mining heritage, and we’re committed to creating a long-lasting future for this industry.” The Yukon experienced its second gold rush in 2008, after Underworld Resources — since acquired by Kinross Gold (TSX: K; NYSE: KGC) — found the Golden Saddle gold deposit, 95 km south of Dawson City. Golden Saddle was the first hard rock gold deposit found near the Klondike, other than the Lone Star

Talking geology at the GoldQuest Mining’s Romero gold-copper project in the Dominican Repubic, from left: president and CEO Julio Espaillat, country manager Felix Mercedes, senior field technician Franklin Nunes, senior project geologist Noverto Gonzalez and executive chairman Bill Fisher.   PHOTO BY DAVID PERRI BY DAVID PERRI dperri@northernminer.com SAN JUAN, DOMINICAN REPUBLIC

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he road to GoldQuest Mining’s (TSXV: GQC) exploration camp is rough to say the least. But president and CEO Julio Espaillat’s hands are steady on the wheel as he navigates the sharp turns, dips and rises.Clearlycomfortableinthisremote part of his native Dominican Republic, he waves and greets everyone he sees along the dirt road to the camp. Romero is 165 km northwest of the capital Santo Domingo, in the mountainous and fertile San Juan River valley, known for growing most of the nation’s bean crop. Relatively poor, the region is cut off from the Dominican Republic’s more developed areas and inland

See YUKON / 14

“PREFEASIBILITY IS THE MOST EXCITING AND SCARY TIME OF ANY PROJECT, BECAUSE YOU CAN’T HIDE.” BILL FISHER EXECUTIVE CHAIRMAN, GOLDQUEST MINING

from its world-class beaches. The camp is 35 km north of the provincial capital of San Juan de la Maguana, a city of 200,000 people. Paved roads cover most of the way to the project, but the final 16 km take well over an hour to pass. The border with Haiti is 40 km from Romero. Espaillat points out some of the farmers on muleback along the way are French-speaking migrants, while we, his passengers, tighten our grips to avoid bumping

our heads as we trundle over an upgraded mule path that takes us from 1,000 to 1,700 metres above sealevel — including a 650-metre climb over a 2 km stretch — before dipping down to 1,100 metres to arrive at camp. When GoldQuest first arrived here they took this road as far as they could and set up camp beside the 80-person village of Hondo See GOLDQUEST / 2

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