GoldQuest: Intersects 21.0 metres grading 10.2 g/t Gold Equivalent at Cachimbo Discovery

VANCOUVER, BC--(Marketwired - October 17, 2017) - GoldQuest Mining Corp. (TSX VENTURE: GQC) (FRANKFURT: M1W) (BERLIN: M1W) ("GoldQuest" or the "Company") is pleased to report assay results from the latest 8-drill hole batch from its Cachimbo Discovery, a Volcanogenic Massive Sulphide (VMS) deposit located within the Company's 100% owned Tireo Concessions in the Dominican Republic. Cachimbo remains open in all directions. The Company's 50 km long land package also hosts the multi-million-ounce gold/copper Romero Project, 22 kms to the north-west, along with multiple targets areas identified by the Company.