Work With Northern Community Leaders Furthers Project Development
VANCOUVER, BC--(Marketwired - July 06, 2016) - Great Quest Fertilizer Ltd. (TSX VENTURE: GQ) ("the Company") providing shareholders with an update on work in Mali, West Africa. The Company has made some significant breakthroughs in terms of establishing working relationships in Northern Mali. These relationships are outside the context of contracts and formal agreements, however, those will likely follow. The Company is making plans to resume work at site to update the resource from inferred to measured and indicated, and considering options to do some simple processing of material in Northern Mali to improve profitability and establish a foot print in the region.
Over the past year Great Quest has been working diligently on establishing strong working relationships with local groups in Almoustrat and the Gao region of Mali. Given the political uncertainty in the region, as Malian government and international agencies seek to re-establish rule of law. It has been Great Quest's view that strong local partnerships are paramount to continuing work in Northern Mali, where our world class phosphate deposit is located. Our efforts are being rewarded and renewing confidence that we can move forward with prolonged work in the region. Discussions with community elders are ongoing, regarding participation of local groups in the mining and trucking duties necessary for the operation.
Establishing our presence in the community will begin with resource work planned for September 2016. The Company is also looking at a plan that would separate beneficiation stages from complex granule granulation. With beneficiation done in Northern Mali, and granulation in Segou as originally planned. This reduces transportation costs and positions the company well for future expansions.
Commenting, Mr. Mama Tapo, Malian Director of Great Quest Mali, the Company's wholly owned Malian subsidiary, "Great Quest's phosphate project is of great importance to the country. The Company is establishing an economic bridge between Northern and Southern Mali, fostering collaboration between business people in both regions. This is a key step in establishing a lasting peace."
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 ² 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
Contact
For more information, please call:
Jed Richardson
1-877-325-3838
email: info@greatquest.com