QGold Initiates Preliminary Economic Assessment of its Recently Acquired Quartz Mountain Gold Project in Oregon from Alamos Gold

Core Insights - Q-Gold Resources Ltd. has signed an agreement with Kappes, Cassiday & Associates to initiate a preliminary economic assessment on the Quartz Mountain Gold Project in Oregon, USA [1][2] - The project is expected to unlock significant shareholder value, supported by a recently completed NI 43-101 technical report and financing [2][4] - The PEA will evaluate the project's economic potential, including mining methods, processing options, capital and operating costs, and projected financial returns [3][4] Project Details - The Quartz Mountain Gold Project was acquired from Alamos Gold in Q3 2025 and is located in a historically proven mining district in southcentral Oregon [2] - The recent mineral resource estimate indicates approximately 1,543,000 ounces of gold at a grade of 0.96 g/t and 2,049,000 ounces of silver at a grade of 1.27 g/t within 50,002,000 tonnes in the indicated category [5] - An additional 148,000 ounces of gold at a grade of 0.77 g/t and 135,000 ounces of silver at a grade of 0.70 g/t are found within 5,992,000 tonnes in the inferred category [5] Strategic Advantages - The project benefits from a favorable location, established infrastructure, and a solid mineral resource base, with gold designated as a strategic asset in the USA [4] - The results of the PEA are anticipated to be completed in the coming months and will inform future technical studies and permitting activities [4]