Core Insights - Q-Gold Resources Ltd. has signed an agreement with Kappes, Cassiday & Associates to initiate a preliminary economic assessment (PEA) for the Quartz Mountain Gold Project in Oregon, USA [1][2] - The PEA will evaluate the project's economic potential, including mining methods, processing options, capital and operating costs, and projected financial returns [3] - The Quartz Mountain Gold Project has an estimated mineral resource of 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 [5] Company Developments - The engagement of KCA, along with a recently completed NI 43-101 technical report, positions Q-Gold to unlock significant shareholder value from the Quartz Mountain Gold Project [2] - The project was acquired from Alamos Gold in Q3 2025 and is located in a historically proven mining district [2][4] - The results of the PEA are expected in the coming months and will serve as a foundation for future technical studies and permitting activities [4] Strategic Positioning - The project benefits from its favorable location, established infrastructure, and solid mineral resource base, with gold being designated as a strategic asset in the USA [4] - Q-Gold is focused on advancing its portfolio of gold and silver assets toward production, with primary emphasis on the Quartz Mountain Gold Project and the Mine Centre Gold Project in Ontario, Canada [9]
REMINDER -- QGold Initiates Preliminary Economic Assessment of its Recently Acquired Quartz Mountain Gold Project in Oregon from Alamos Gold
Globenewswire·2025-11-25 12:30