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Stronger numbers in GoldQuest PEA

GoldQuest Mining (TSXV: GQC) has completed a revised PEA for a proposed underground mine at its Romero and Romero South gold-copper deposits in the Dominican Republic that significantly strengthens headline numbers compared to an earlier study.

The revised PEA outlines an after-tax NPV of US$219 million based on a 6% discount rate, a 34% post-tax IRR with a capex of $143 million and payback in 2.7 years.