9 April 2015
TORONTO, CANADA – Northquest Ltd. (TSX.V-NQ) (FWB-N3Q) (“Northquest” or “the Company”) is pleased to announce the results of a preliminary metallurgical evaluation of the Vickers Zone of the Pistol Bay Gold Project, Nunavut, Canada. Since field operations commenced in April 2011, the Company has completed three airborne geophysical surveys and 13,660 metres of diamond drilling in 66 drill holes, of which 9,400 metres of drilling and 37 drill holes were completed at the Vickers Target.
Ten composite samples ranging from 4.3 to 5.6 kilograms in mass were collected from drill holes completed in 2014. The gold grade in the samples varied from 2.2 to 25.5 grams gold per tonne. Five samples were from the gold-bearing intrusive rocks and 5 samples were from the host rock sequence of the Vickers Gold Zone. The objective of this work was to determine gold recovery from rocks of the Vickers Gold Zone using a gravity circuit followed by cyanidation leaching of the gravity tailings.