QGold Strengthens Management Team with Key Appointments as it Advances The Quartz Mountain Gold Project

Core Viewpoint - Q-Gold Resources Ltd. has announced key appointments to strengthen its team for the advancement of the Quartz Mountain Gold Project in Oregon, following recent permitting developments in the state [1][9]. Company Developments - Catherine Callaghan has been appointed as Director of Permitting and Community Affairs, bringing over 25 years of experience, including 15 years of direct involvement with the Quartz Mountain project [2][4]. - Wolfgang (Wolf) Schleiss has been appointed as Director of Exploration for the Quartz Mountain and Great Basin Region, with over 40 years of exploration experience and previous management of the Quartz Mountain project under Alamos Gold [4][5][6]. Project Overview - The Quartz Mountain Gold Project is Q-Gold's flagship asset located in southern Oregon, characterized by its promising development potential and established mineral resource estimates [10][11]. - The project has an estimated 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 the indicated mineral resource category [15]. Industry Context - Recent developments in the Oregon mining sector include the approval of Paramount Gold Nevada Corp.'s Grassy Mountain Gold Project, marking a significant milestone in the state's unified permitting framework [7][8]. - This approval reinforces confidence in the regulatory environment for gold mining projects in Oregon, which is beneficial for Q-Gold's Quartz Mountain project [9]. Future Focus - Q-Gold aims to complete its Preliminary Economic Assessment for the Quartz Mountain project while advancing permitting efforts and creating value for shareholders and the local community [9].