GoldQuest Mining Corp. announced that it has received from the Ministry of Environment and Natural Resources of the Dominican Republic the official Terms of Reference ("ToR") for the Company's Romero gold-copper-silver project (the "Romero Project"). This marks a significant milestone, initiating the final phase of the Environmental Impact Assessment ("EIA") process required to obtain an environmental license for the future development of the proposed underground mine.
GoldQuest is also pleased to announce that AECOM, a globally recognized environmental consulting firm, has been selected to lead the EIA process for the Romero Project. AECOM's global experience and track record align with GoldQuest's commitment to exceed local environmental and social requirements by applying international best practices. In addition to AECOM, GoldQuest will engage a multidisciplinary team of licensed Dominican environmental professionals to support the preparation of the EIA in accordance with the issued ToR.
The Romero Project, located in San Juan Province, is a proposed underground mine designed to produce a copper concentrate containing gold and silver, using conventional processing methods. The project will incorporate state-of-the-art technology in both its mining and processing facilities to ensure operational efficiency, safety, and environmental performance. The Romero Project also includes an extensive infrastructure plan, encompassing the development of an access road, a processing plant, a filtered tailings storage facility, and a 69 kV power line connection to the national grid.