Mr. Bill Fisher reports

GOLDQUEST MINING EXPRESSES CONDOLENCES AFTER THE TRAGEDY IN SANTO DOMINGO

A tragedy involving the Goldquest Mining Corp. family occurred on Monday night at the Jet Set nightclub in Santo Domingo. It brings Goldquest great sadness to announce that the brother and sister-in-law of chief executive officer Luis Santana were in attendance that night, and both lost their lives. Thoughts and prayers are with Mr. Santana and his family as they navigate this difficult time.

The company extends its heartfelt condolences to all the families and friends of the victims, and its thoughts are with the people of the Dominican Republic during this difficult time. It also wishes a speedy recovery to all those who were injured.

Goldquest has operated in the Dominican Republic for over 20 years and has carried out exploration and development in many provinces, with its head office in Santo Domingo. It recognizes that its Dominican colleagues are devastated by the news of the tragedy, and the board offers full support to our Dominican team.

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 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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