Mining and Trucking Agreement
VANCOUVER, British Columbia, May18, 2017(GLOBE NEWSWIRE) -- Great Quest Fertilizer Ltd (TSX-V:GQ) ("the Company") is pleased to announce that, further to its news release of May 9, 2017 it has commenced work with its joint venture partner Salam Mineau on the details of the mining and trucking business. The contribution of Salam Mineau as an active and experienced operator in the north is crucial in understanding how to develop that business, given the unique dynamics that prevail in that remote part of Mali. Therefore the costs associated with that business have not yet been determined.
The mining and trucking operations will start when the Company obtains the mining permit. The Company is currently working on an application for the mining permit, which includes a work program on the property, with a view to upgrade the current inferred resource to a measured and indicated status.
About Great Quest
Great Quest Fertilizer Ltd. is a Canadian mineral exploration company focused on the development of African agricultural mineral projects for local production of farm ready fertilizers. The Company's flagship asset is the Tilemsi Phosphate Project, encompassing 1,206 km ? in northeastern Mali, containing high quality phosphate resources amenable to use as direct application fertilizer. Great Quest is listed on the TSX Venture Exchange under the symbol GQ, and the Frankfurt Stock Exchange under the symbol GQM.
ON BEHALF OF THE BOARD OF DIRECTORS OF GREAT QUEST FERTILIZER LTD.
"Jed Richardson"
President, Chief Executive Officer and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. The statements that are not historical facts and are forward-looking statements involving known and unknown risks and uncertainties could cause actual results to vary materially from the targeted results. We seek safe harbor.
For more information: Please call Jed Richardson at 1-877-325-3838 or email info@greatquest.com