REPEAT -- QGold Strengthens Board of Directors with Appointment of Jamsheed Mehta, former Vice-Chair at BMO Capital Markets
Globenewswire·2025-12-04 12:00

Core Viewpoint - Q-Gold Resources Ltd. has appointed Jamsheed Mehta to its Board of Directors, bringing extensive capital markets experience to the company, which is focused on advancing its exploration and development initiatives, particularly the Quartz Mountain Gold Project [1][2][3]. Management Changes - Jamsheed Mehta has over 35 years of capital markets experience, including a 31-year tenure at BMO Capital Markets, where he held senior leadership roles and was Vice-Chair until 2023 [2][4]. - Scott Moore has been appointed as VP Corporate Development, bringing over 25 years of experience in the resource sector, including previous roles as CEO of Euro Sun Mining Inc. and President of Dacha Strategic Metals [5]. Quartz Mountain Gold Project - The Quartz Mountain Gold Project, located in southern Oregon, is QGold's flagship asset and represents a significant gold development opportunity in a historically productive mining district [6][7]. - The project was acquired from Alamos Gold in Q4 2025 and has a mineral resource estimate of 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 [7][8]. - 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 included in the inferred category [8]. Strategic Initiatives - QGold has engaged Kappes, Cassiday & Associates to initiate a preliminary economic assessment on the Quartz Mountain Gold Project, indicating a proactive approach to project development [7]. - The company aims to progress its portfolio of gold and silver assets toward production, focusing on resource expansion and responsible environmental stewardship [12].

REPEAT -- QGold Strengthens Board of Directors with Appointment of Jamsheed Mehta, former Vice-Chair at BMO Capital Markets - Reportify