Mr. Luis Santana reports

GOLDQUEST ACCELERATES GROWTH STRATEGY WITH APPOINTMENT OF NEW VP OF EXPLORATION

Goldquest Mining Corp. has appointed Leandro Sastre as vice-president of exploration. Mr. Sastre brings extensive expertise in mineral exploration, with a deep understanding of the geology of the Dominican Republic, making him a valuable addition to the Goldquest leadership team.

Luis Santana, chief executive officer of Goldquest Mining, commented: "We are thrilled to welcome Leandro to Goldquest. His extensive international experience, particularly in the Dominican Republic, will be instrumental in advancing our exploration strategy this year and beyond. Leandro's background with Barrick Gold and other major mining projects will significantly enhance our progress at Romero and guide the 2025 exploration program in the Tireo belt."

Mr. Sastre is a highly accomplished geologist with 23 years of experience in the international mining sector. He has successfully led exploration teams across Latin America, including in the Dominican Republic, Argentina, Chile, Peru and Guyana, working on projects spanning all stages of development.

Most recently, Mr. Sastre served as vice-president of exploration for Latin America and the Asia-Pacific region at Barrick Gold Corp., where he oversaw exploration activities across multiple continents, including three world-class mines and several early-stage projects. His previous roles include mineral resource and technical services manager at Barrick's Veladero mine, and geology manager and senior geologist at Austral Gold Ltd., among other key leadership positions.

Mr. Sastre holds a bachelor of science in geology from the National University of Salta, Argentina, and a graduate degree in mineral economics from the University of Chile, and completed the management development program at the University of Miami. He is a qualified person (QP) under CIM guidelines and a competent person under the JORC code. He is also a fellow of the Society of Economic Geologists and a member of the Australian Institute of Geoscientists.

About Goldquest Mining Corp.

Goldquest is a Canadian-based mineral exploration and development company with projects in the Dominican Republic. Goldquest is traded on the TSX Venture Exchange under the symbol GQC and in Frankfurt/Berlin with symbol M1W. The company is well financed to carry out the exploration programs reported in this news release and to advance the development of its Romero gold/copper discovery, also located in the Tireo formation of the Dominican Republic.

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