GoldQuest: DR Minister of Mines approves Exploitation Permit for the Romero Project

GoldQuest Mining Corp.

VANCOUVER, BC--(Marketwired - January 22, 2018) - GoldQuest Mining Corp. (TSX VENTURE: GQC) (FRANKFURT: M1W) (BERLIN: M1W) ("GoldQuest" or the "Company") is pleased to report that in a press conference today in Santo Domingo that Minister Isa Conde, the Minister of Energy and Mines ("MEM") of the Dominican Republic, has completed his review of GoldQuest's Exploitation Permit Application for the Company's 100% owned Romero Project, approved the Application, and sent it to the President of the Republic for ratification. The Minister expressed his full support for the project to go ahead. Exploitation Permits in the Dominican Republic are for 75 years, with a Tax Stability Agreement that freezes the tax treatment for the project for a minimum of 25 years protected under the current Mining Law.