Zinc Investing News » GoldQuest Acquires of Spanish Lead-Zinc-Silver Project

GoldQuest Acquires of Spanish Lead-Zinc-Silver Project

January 15, 2010 @ 9:49 am In Zinc Company News

GoldQuest Mining Corp. (TSX VENTURE:GQC)(FRANKFURT:M1W)reported that the company has completed the acquisition of all of the issued and outstanding shares of Lundin Mining Exploration S.L. from Lundin Mining Corporation.

The press release is quoted as saying:

GoldQuest will not pay any upfront consideration for the assets but will compensate Lundin Mining AB with a one-time payment of CDN$5 million dollars payable upon commencement of commercial production from the Toral property.

Click here to access the entire press release ^[1]

Click here to access GoldQuest Mining Corporate Site ^[2]

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URLs in this post:

[1] Click here to access the entire press release: http://www.marketwire.com/press-release/GoldQuest-Announces-Closing-of-Acquisition-of-Spanish-Lead-Zinc-Silver-Project-TSX-VENTURE-GQC-1102500.htm

[2] Click here to access GoldQuest Mining Corporate Site: http://www.goldquestcorp.com/