Emerging Developer
Exploration Upside.

Vancouver, British Columbia--(Newsfile Corp. - June 2, 2026) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") announces that it has granted an aggregate of 7,840,000 stock options (the "Options") to purchase common shares of the Company ("Common Shares") to certain directors, officers, employees and consultants of the Company.

The Options were granted on June 1, 2026 and have a term of five years from the date of grant, with one-third of the Options vesting on the date of the grant, one-third vesting on the six-month anniversary of the date of the grant and one-third vesting on the one-year anniversary of the date of the grant. The Options may be exercised at a price of $1.16 per Common Share, representing a 5% premium to the Market Price (as defined in the policies of the TSX Venture Exchange) on the date of grant.

The granting of options forms part of the Company's long-term incentive framework designed to retain key talent and align leadership, technical teams and advisors with long-term value creation for all stakeholders.

The Options were granted pursuant to the Amended and Restated Stock Option Plan of the Company.

About GoldQuest

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Additional information can be viewed at the Company's website www.goldquestcorp.com.

On Behalf of the Board of Directors of GoldQuest Mining Corp.,

"Luis Santana"

Director & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-looking statements:

Statements contained in this news release that are not historical facts are forward-looking information that involves known and unknown risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements regarding the future vesting of the Options and the merits of the Company's mineral properties. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "aims", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward-looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws. Forward-looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

For further information, please contact:

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299738

Vancouver, British Columbia--(Newsfile Corp. - May 28, 2026) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to report assay results from five metallurgical drill holes completed at the Company's 100%-owned Romero Gold-Copper Project in San Juan Province, Dominican Republic.

The metallurgical holes, LTP-171 through LTP-175, were drilled to provide fresh representative core for the ongoing geo-metallurgical program and bankable feasibility study work. The assay results confirm multiple high-grade gold-copper intervals within the Romero deposit, while metallurgical test work completed to date continues to support conventional processing assumptions and ongoing process design work.

Highlights:

• High-grade assays from metallurgical drilling: The five-hole program returned several high-grade gold-copper intervals from the central Romero deposit, including 38.6 m grading 45.01 g/t Au, 14.31 g/t Ag and 2.44% Cu in LTP-173, including 26.85 m grading 63.82 g/t Au, 18.93 g/t Ag and 3.23% Cu.
• Additional strong intercepts: Hole LTP-172 returned 27.55 m grading 17.61 g/t Au, 6.07 g/t Ag and 1.40% Cu, including 10.1 m grading 38.71 g/t Au, 10.80 g/t Ag and 2.76% Cu. Hole LTP-174 returned 30.5 m grading 16.47 g/t Au, 2.79 g/t Ag and 1.59% Cu, including 11.6 m grading 34.46 g/t Au, 4.20 g/t Ag and 2.76% Cu.
• Positive local reconciliation: An initial internal reconciliation exercise comparing the new drill results with the resource block model within 10 m diameter cylinders around the metallurgical holes indicates a positive comparison. Further details are provided in the reconciliation section and Table 2 below.
• Integration into ongoing technical work: The new drilling is being evaluated for integration into the ongoing mineral resource estimate update and bankable feasibility study workstreams.
• Metallurgical performance supports Romero development path: Geo-metallurgical domains tested to date are considered amenable to conventional comminution and flotation processing methods, with flotation test work consistent with recovery assumptions applied in the NI 43-101 Pre-Feasibility Study Technical Report for the Romero Gold Project, Dominican Republic, dated November 10, 2016 (the "2016 PFS").
• Process optimization opportunities identified: Test work indicates potential for coarser grinding requirements for flotation without loss of recovery, and preliminary results suggest target recoveries may be achievable without the inclusion of a gravity circuit, subject to completion of the test program.

Luis Santana, CEO of GoldQuest, commented: "These metallurgical drill holes were completed to support ongoing technical studies and provide representative material for geo-metallurgical analysis. In addition to providing fresh information regarding mineralization within the Romero deposit, the results contribute to a broader technical understanding that will be incorporated into ongoing engineering and evaluation work. The localized favorable comparison with the existing block model also provides additional technical information that will be reviewed as part of ongoing studies."

Drill Results Summary:

Figure 1 shows the location of the drillholes and Table 1 summarizes selected significant assay intervals from the five metallurgical drill holes. Interval grades are calculated using uncapped assays. Intervals may not represent true widths. There is insufficient drilling to determine the exact orientation and thickness of the mineralized zones at this time.

Figure 1: Metallurgical holes location

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Table 1: Selected assay results from Romero metallurgical drill holes

Local Reconciliation with the Resource Block Model:

GoldQuest completed an initial internal reconciliation exercise using the new drill hole assays, updated collar and survey information, and a simplified comparison against the resource block model within 10 m diameter cylinders around the metallurgical drill holes. The results are preliminary, internal and are not a mineral resource estimate. A fully updated resource model is expected to consider lithology, alteration, structural controls, estimation parameters and classification criteria.

On this preliminary local basis, the new metallurgical holes compare positively with the existing model. The 10 m cylinder exercise indicates a 43% increase in gold grade, with positive changes in copper and silver grades of 9% and 7%, respectively, considering the five metallurgical holes at a 1.0 g/t Au cut-off. The same local comparison indicates increases of 48% in contained gold ounces, 13% in contained copper and 11% in contained silver within the evaluated 10 m cylinders.

Table 2: Preliminary internal model comparison

Note: Table 2 is based on an internal preliminary comparison within 10 m diameter cylinders around the metallurgical drill holes and is not a mineral resource estimate. The results are intended to illustrate local reconciliation only and do not represent a global update of the Romero block model.

Geo-metallurgical Program Results:

The geo-metallurgical program is a key component of the ongoing bankable feasibility study and has focused on representative samples from defined domains within the Romero deposit. The work completed to date indicates that the tested geo-metallurgical domains are all amenable to conventional comminution and flotation processing methods, supporting the process route contemplated for Romero.

Comminution testing has identified variation in SAG work indices, particularly for softer ores, providing additional information to better align operating cost assumptions with geology. Flotation test work has identified opportunities to evaluate coarser grinding requirements without loss of recovery, while remaining consistent with recovery assumptions applied in the 2016 PFS.

Preliminary test work also suggests that target recoveries may be achievable without the inclusion of a gravity circuit, which could simplify the final flowsheet if confirmed by the remaining work. Mineralogical investigations have been completed to support metallurgical interpretation and address previously identified data gaps, and tailings samples have been generated for ongoing rheological and paste backfill test work.

The results reported remain preliminary and subject to completion of the test program, engineering analysis and integration into the bankable feasibility study. Final metallurgical conclusions and design criteria will be reported as the program advances.

Program Status and Next Steps:

The metallurgical drill holes were completed as part of the Company's broader geo-metallurgical program for Romero. The program is designed to provide fresh material for comminution, flotation, variability and life-of-mine composite test work, as well as additional geological information to support the feasibility study.

GoldQuest is evaluating the integration of the new metallurgical drilling into the ongoing mineral resource estimate update and related feasibility study workstreams. The Company will provide further updates as metallurgical test work, resource modelling and engineering studies advance.

QA-QC

Core from these holes was partially assayed as part of the metallurgical test program at ALS Metallurgy at Kamloops, Canada, and the remainder of the core was assayed at Bureau Veritas. As part of the Company's Quality Assurance and Quality Control procedures ("QA/QC"), the Company reviews results from Certified Standard Reference Materials ("CRSM" or "Standards"), which are inserted at a rate of five per 100 samples. Within the results disclosed herein there were no samples with results outside of the recommended tolerances for the Standards. In GoldQuest's drill programs, composite intervals were chosen using a combination of geological criteria and mineralization, averaging around two metres core length. The drill core is cut in half with one half of the core sample shipped to Bureau Veritas Labs by GoldQuest technicians. The remaining half of the core is kept at the Company core shack for future assay verification, or any other further investigation. Assays within intervals below the 0.005 g/t detection limit for Au were given a 0.0025 g/t value. All drill samples were prepared and screened by ACME Labs (Vancouver); metallic fire assay and multi-element ICP-MS were assayed by Bureau Veritas Laboratories (Vancouver). Gold values are determined by standard fire assay with an AA finish, or, if over 10.0 g/t Au, were re-assayed and completed with a gravimetric finish. Copper and zinc values exceeding 0.2% were re-assayed with a 4-acid digestion and AAS finish. When zinc values exceeded 10% a classic titration was carried out for zinc. QA/QC included the insertion and continual monitoring of numerous standards, blanks and duplicates into the sample stream, at random intervals within each batch.

Qualified Persons

The scientific and technical information contained in this press release has been reviewed and approved by Leandro Sastre, P. Geo., VP of Exploration of GoldQuest, and Franco Martucci, P.E., Senior Metallurgical Engineer. Mr. Sastre is responsible for the exploration and geological information, and Mr. Martucci is responsible for the metallurgical information. Each is a Qualified Person for their respective technical information under NI 43-101 - Standards of Disclosure for Mineral Properties.

About GoldQuest

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Additional information can be viewed at the Company's website www.goldquestcorp.com.

On Behalf of the Board of Directors of GoldQuest Mining Corp.,

"Luis Santana"

Director & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-looking statements:

Statements contained in this news release that are not historical facts are forward-looking information that involves known and unknown risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements with respect to drill programs, assay results and the interpretation of the results of such drill programs, model reconciliation work, the potential integration of new drilling into an updated mineral resource estimate and feasibility study, mineral resources at Romero and Romero South, the merits of the Company's mineral properties, future drill programs and studies, feasibility study work, metallurgical test work, and the Company's plans and exploration programs for its mineral properties, including the timing of such plans and programs. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward-looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299310

Vancouver, British Columbia--(Newsfile Corp. - May 28, 2026) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") reports new assay results from the ongoing exploration campaign at the Cachimbo target.

Drill hole TIR-26-62, a follow-up to discovery hole TIR-26-58, intersected 12.15 metres of high-grade polymetallic VMS mineralization, confirming continuity of the newly identified high-grade mineralized level.

The new intercept confirms a gold-silver-copper-zinc-lead VMS level at Cachimbo and opens additional potential along trend, particularly toward the northwest. The results provide additional geological information regarding the mineralized system and will be incorporated into ongoing geological interpretation and drill targeting activities.

• TIR-26-62: 12.15 m @ 8.60 g/t Au, 128.2 g/t Ag, 0.77% Cu, 11.21% Zn and 0.34% Pb from 277.35 m depth.

• High-Grade VMS Level Confirmed: The new intercept follows TIR-26-58 and provides a second high-grade intersection of the polymetallic VMS level, supporting continuity of the mineralized horizon.

• Very High Zinc Values: A sub-interval returned 3.35 m @ 9.95 g/t Au, 120.7 g/t Ag, 2.39% Cu, 35.85% Zn and 0.56% Pb. One sample returned zinc above the upper detection limit (>40% Zn) and is being re-analyzed by the laboratory.

• Open Along Trend: The new result opens potential along trend, particularly toward the northwest, and supports further drill testing at Cachimbo and within the broader 7.5 km anomalous corridor.

• Additional Results Pending: Assays from a stringer zone below the high-grade VMS level remain pending and will be reported once received and reviewed.

Hole TIR-26-62 was drilled as a follow-up to TIR-26-58, which confirmed a new mineralized parallel structure at Cachimbo earlier in 2026. Located 60 metres to the northeast of TIR-26-58, the new hole intersected a high-grade polymetallic interval hosted in the same style of VMS mineralization, providing a second significant intersection and strengthening the interpretation of a continuous high-grade VMS level.

The presence of high-grade gold, silver, copper, zinc and lead in TIR-26-62 confirms the high-tenor polymetallic character of the system. Importantly, the new 12.15 metre intercept supports potential continuation of the mineralized horizon along trend, especially toward the Northwest, where GoldQuest sees meaningful opportunity to expand the Cachimbo target and test related anomalies along the previously identified 7.5 km corridor.

Table 1: Results from hole TIR-26-62

*Interval grades are calculated using uncapped assays. Intervals may not represent true widths. There is insufficient drilling to determine the exact orientation of the mineralized zones at this time. AuEq was calculated by using metal prices of Au US$ 3,450/ounce, Cu US$ 5.1/pound, Ag US$ 37.4/ounce, Zn US$ 3,280/tonne and Pb US$ 1,920/tonne. No metal recoveries were utilized. One sample within the high-grade zinc interval returned zinc above the laboratory upper detection limit (>40% Zn) and is being re-analyzed; final zinc values may be updated when the re-analysis is complete.

Assays from a stringer zone below the high-grade VMS level in TIR-26-62 remain pending. The Company considers this zone important because stringer-style mineralization can provide vectoring information toward VMS feeder zones and may help refine follow-up drilling.

Figure 1 below shows a plan view of the current drill progress at Cachimbo, including holes TIR-26-58 and TIR-26-62. Figure 2 will show a representative cross-section through the new high-grade VMS level.

Figure 1: Drill progress and location map at Cachimbo.

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Figure 2: Cross section showing TIR-26-62 high-grade polymetallic mineralization and stringer-type mineralization.

To view an enhanced version of this graphic, please visit:
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In addition to the drilling, the Company continues to integrate recent geological interpretation and geophysical data to refine drill targeting at Cachimbo. The confirmation of a high-grade VMS level in a second drill hole is expected to help prioritize follow-up drilling along trend and across the broader anomalous corridor.

Luis Santana, CEO of GoldQuest Mining Corp., commented: "TIR-26-62 represents an important follow-up result for the Cachimbo exploration program. The drilling provides additional geological information regarding polymetallic VMS mineralization identified at Cachimbo and contributes to our ongoing understanding of the mineralized system. The results will support continued geological interpretation and future drill targeting activities as the exploration program advances."

QA-QC

As part of the Company's Quality Assurance and Quality Control procedures ("QA/QC") the Company reviews results from Certified Standard Reference materials ("CRSM" or "Standards"), which are inserted at a rate of five per 100 samples. Within the results disclosed herein there were no samples with results outside of the recommended tolerances for the Standards. In GoldQuest's drill programs, composite intervals were chosen using a combination of geological criteria and mineralization, averaging around two metres core length. The drill core is cut in half with one half of the core sample shipped to Bureau Veritas Labs by GoldQuest technicians. The remaining half of the core is kept at the Company core shack for future assay verification, or any other further investigation. Assays within intervals below the 0.005 g/t detection limit for Au were given a 0.0025 g/t value. All drill samples were prepared and screened by ACME Labs (Vancouver); metallic fire assay and multi-element ICP-MS were assayed by Bureau Veritas Laboratories (Vancouver). Gold values are determined by standard fire assay with an AA finish, or, if over 10.0 g/t Au, were re-assayed and completed with a gravimetric finish. Copper and zinc values exceeding 0.2% were re-assayed with a 4-acid digestion and AAS finish. When zinc values exceeded 10% a classic titration was carried out for zinc. QA/QC included the insertion and continual monitoring of numerous standards, blanks and duplicates into the sample stream, at random intervals within each batch.

Qualified Person

The scientific and technical information in this press release has been reviewed and approved by Leandro Sastre, P. Geo., VP of Exploration of GoldQuest and a Qualified Person for the technical information in this press release under NI 43-101 - Standards of Disclosure for Mineral Properties.

About GoldQuest

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Additional information can be viewed at the Company's website www.goldquestcorp.com.

On Behalf of the Board of Directors of GoldQuest Mining Corp.,

"Luis Santana"

Director & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward-looking statements:

Statements contained in this news release that are not historical facts are forward-looking information that involves known and unknown risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements with respect to drill programs, the results of such drill programs and the interpretation of the results of the drill programs, further drilling, the timing of drilling and assay results, the merits of the Company's mineral properties, future drill programs and studies, and the Company's plans and exploration programs for its mineral properties, including the timing of such plans and programs. In certain cases, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward-looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws. Forward-looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/299224

Vancouver, British Columbia--(Newsfile Corp. - May 5, 2026) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") wishes to provide an update regarding recent public statements made by the President of the Dominican Republic concerning the Romero Project.

The Company notes that the government has announced a temporary halt to activities related to the Romero Project in response to public concerns. Importantly, the Romero Project remains in the environmental evaluation stage, and no exploitation permit has been granted to date, consistent with the current regulatory process in the Dominican Republic.

The Company views this development as part of the broader stakeholder engagement process and remains committed to working constructively with government authorities to address concerns and provide transparent, science-based information regarding the Romero Project.

GoldQuest respects the position expressed by the President and reaffirms its commitment to:

• Operating in full compliance with Dominican law, including the environmental permitting process under Law 64-00;
• Continuing engagement with local communities and stakeholders;
• Advancing the Environmental and Social Impact Assessment (ESIA) in accordance with international best practices, including IFC Performance Standards.

GoldQuest also highlights the strong fundamentals of the Romero Project, including its potential to generate significant economic benefits for the Dominican Republic through employment, infrastructure development, and fiscal contributions.

Luis Santana, Chief Executive Officer of GoldQuest, commented:

"We respect the position outlined by the President and view this as part of the necessary dialogue that accompanies responsible project development. The Romero Project remains at the environmental evaluation stage, and we are committed to advancing a rigorous, transparent process grounded in robust technical work and international best practices. We will continue to work collaboratively with government authorities, local communities and stakeholders to ensure concerns are addressed thoughtfully and constructively; while highlighting the significant long-term economic benefits the project can deliver to the Dominican Republic."

The Company will continue to monitor developments closely and will provide updates to the market as appropriate.

About GoldQuest

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Additional information can be viewed at the Company's website www.goldquestcorp.com.

On Behalf of the Board of Directors of GoldQuest Mining Corp.,

"Luis Santana"

Director & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward‐looking statements:

Statements contained in this news release that are not historical facts are forward‐looking information that involves known and unknown risks and uncertainties. Forward‐looking statements in this news release include, but are not limited to, statements with respect to advancement through the ESIA process, continuing work with the Dominican authorities including local stakeholders and the potential of the Romero Project. In certain cases, forward‐looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward‐looking statements. Such risks and other factors include, among others, risks related to uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward‐looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward‐looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward‐looking statements except as required under applicable securities laws. Forward‐looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

For further information, please contact:

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/296109

Vancouver, British Columbia--(Newsfile Corp. - May 4, 2026) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") acknowledges recent public demonstrations related to mining activities in San Juan, Dominican Republic, and reiterates its commitment to the responsible and transparent development of the Romero Project.

The Company respects the right of stakeholders to express their views and remains committed to open and constructive dialogue with communities, authorities, and other stakeholders.

The Romero Project is advancing through the Environmental and Social Impact Assessment ("ESIA") in accordance with the Terms of Reference issued by the Ministerio de Medio Ambiente y Recursos Naturales, and aligned with international standards, including those of the International Finance Corporation.

To further strengthen transparency, GoldQuest is working with the Academia de Ciencias de la República Dominicana as an independent observer of the ESIA process, providing additional technical oversight and assurance to the public.

GoldQuest will continue working closely with Dominican authorities, including the Ministerio de Energía y Minas, and local stakeholders to ensure that concerns are addressed as part of the permitting process.

Luis Santana, Chief Executive Officer of GoldQuest, commented:

"We remain committed to advancing Romero responsibly, in full compliance with Dominican regulations and international standards. We will continue engaging openly with stakeholders to ensure the project is developed in a transparent and inclusive manner."

The Company believes that a well-designed, responsibly managed project can contribute positively to the Dominican Republic's economic and social development.

About GoldQuest

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Additional information can be viewed at the Company's website www.goldquestcorp.com.

On Behalf of the Board of Directors of GoldQuest Mining Corp.,

"Luis Santana"

Director & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward‐looking statements:

Statements contained in this news release that are not historical facts are forward‐looking information that involves known and unknown risks and uncertainties. Forward‐looking statements in this news release include, but are not limited to, statements with respect to advancement through the ESIA process, working with the Academia de Ciencias de la República Dominicana and continuing work with the Dominican authorities, including the Ministerio de Energía y Minas, and local stakeholders. In certain cases, forward‐looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward‐looking statements. Such risks and other factors include, among others, risks related to uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward‐looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward‐looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward‐looking statements except as required under applicable securities laws. Forward‐looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/295864

Vancouver, British Columbia--(Newsfile Corp. - April 22, 2026) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to report preliminary visual results from the ongoing exploration drilling program at the Romero deposit in the Dominican Republic.

Recent drill holes LTP-182 and LTP-183 have intersected zones of favorable alteration and mineralization consistent with the Romero deposit style, located outside the current mineral resource block model. These results support the potential extension of mineralization both at depth and along trend of the known mineralization.

Highlights:

• Potential Continuity Beyond Current Resource Limits: Intersected mineralization beyond the current resource model boundaries.
• Consistent Mineralization Style: High-grade mineralization indicators observed are consistent with the main Romero deposit.
• Open System: The Romero mineralized system remains open at depth and laterally along strike.

Drill Results Summary:

• Hole LTP-182: 75-metres step back from hole LTP-137, intersected zones of favourable alteration and mineralization from 220 m to 270 m, and again from 413.75 m to its current depth of 449.73 m (Figures 1, 2 and 3)
• Hole LTP-183: 140 m step back from hole LTP-118. Located to the north-northeast of the main mineralized zone, this hole intersected favourable mineralization from 510 m to its current depth of 555.1 m (Figures 4 and 5).

Although both drill holes LTP-182 and LTP-183 are currently still in mineralization, the current drill rigs have reached their depth capacity. As such, drilling on both holes has been temporarily suspended. The Company is currently mobilizing a more capable replacement drill rig. The new rig is being installed at hole LTP-183 to advance it to its target depth, after which it will be moved to complete hole LTP-182. It is anticipated that drilling will resume by late April.

Geological Interpretation:

The intercepts are visually associated with pyrite-chalcopyrite-sphalerite mineralization, accompanied by moderate to high silica alteration. This mineral assemblage is consistent with the main Romero mineral deposit, supporting the interpretation that these intercepts represent a continuation of the same mineralizing system. Core from both holes is currently being logged, split, and prepared for shipment to the laboratory for assaying. Assays are expected to be received by early June.

Figure 1: Drill Progress at Romero

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Figure 2: LTP-182 cross section showing PFS Block Model and Mine Design. Intervals highlighted in thick red corresponds to observed chalcopyrite from 220 m to 270 m, and from 413.75 m to the its current depth of 449.73 m.

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Figure 3: Core from hole LTP-182. A: 268.3 m depth. Dacite Tuff with moderate silicification, chalcopyrite and pyrite, traces of sphalerite. B: 272.3 m depth. Dacite Tuff with moderate silicification, chalcopyrite, pyrite, traces of sphalerite. C: 446 m depth. Dacite Tuff with moderate to strong silicification, chalcopyrite, pyrite and​ traces of sphalerite. D: 446.3 m depth. Hydrothermal Breccia, moderate silicification, chalcopyrite, pyrite and​ traces of sphalerite. ​

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Figure 4: LTP-183 cross section showing PFS Block Model and Mine Design. Interval highlighted in thick red corresponds to observed chalcopyrite from 510 m to its current depth of 555.1 m.

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Figure 5: Core from hole LTP-183. A: 514.3 m depth. Dacitic crystal -lithic tuff silicification in injection, Chalcopyrite in patches, pyrite disseminated and in veins. B: 535.3 m depth. Dacitic crystal -lithic tuff silicification in injection, pyrite disseminated and in veins. C: 548.8 m depth. Dacitic crystal-lithic tuff with moderate to strong silicification overprinting strong argillic alteration. Patchy chalcopyrite and disseminated pyrite. D: 553.3 m depth. Fine tuff with strong argillic alteration and silica injections. Semi-massive chalcopyrite and disseminated pyrite.

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The current drilling campaign at Romero is focused on:

• Extending known mineralization beyond the existing resource envelope.
• Improving the geological understanding of mineralization controls.
• Evaluating the potential to increase the overall resource base.

Further drilling is planned to test the continuity, geometry, and grade distribution of these newly identified zones.

Luis Santana, CEO of GoldQuest Mining Corp., commented: "We are encouraged by the visual intercepts observed in drill holes LTP-182 and LTP-183. The mineralization appears visually consistent with the established Romero geological model and supports the continued evaluation of mineralization continuity at depth and along strike. While laboratory assay results are pending, these observations contribute to our ongoing understanding of the geological system."

Qualified Person

The scientific and technical information in this press release has been reviewed and approved by Leandro Sastre, P. Geo., VP of Exploration of GoldQuest and a Qualified Person for the technical information in this press release under NI 43‐101-Standards of Disclosure for Mineral Properties.

About GoldQuest

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Additional information can be viewed at the Company's website www.goldquestcorp.com.

On Behalf of the Board of Directors of GoldQuest Mining Corp.,

"Luis Santana"

Director & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward‐looking statements:

Statements contained in this news release that are not historical facts are forward‐looking information that involves known and unknown risks and uncertainties. Forward‐looking statements in this news release include, but are not limited to, statements with respect to past drill programs, the results of such drill programs and the interpretation of the results of the drill programs, further drilling, the timing of drilling and assay results, mineral resources at Romero and Romero South, the merits of the Company's mineral properties, future drill programs and studies, the Company's plans and exploration programs for its mineral properties, including the timing of such plans and programs. In certain cases, forward‐looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward‐looking statements. Such risks and other factors include, among others, risks related to uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward‐looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward‐looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward‐looking statements except as required under applicable securities laws. Forward‐looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

For further information, please contact:

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/293708

Vancouver, British Columbia--(Newsfile Corp. - March 23, 2026) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to announce results from the ongoing exploration campaign at the Cachimbo target. Drill hole TIR-26-58 has intersected a significant high-grade polymetallic zone, confirming a new mineralized parallel structure located to the northeast of the known Cachimbo mineralized zone.

The intercept returned high-grade values for gold, silver, copper and zinc, with a notable high-grade core of 3.59 metres grading 17.63 g/t AuEq. This discovery represents the first major drill success at Cachimbo following the resumption of drilling after a nine-year hiatus and identifies a new target for additional drill testing.

• TIR-26-58: 12.26 m @ 2.52 g/t Au, 50.7 g/t Ag, 0.94% Cu & 12.0% Zn from 104.5 m depth.
• High-Grade Core: Including 3.59 m @ 5.74 g/t Au, 128.88 g/t Ag, 2.18% Cu, and 27.6% Zn.
• New Structure: The intercept confirms a new mineralized parallel structure, significantly expanding the potential footprint of the Cachimbo discovery.
• Open at Depth: Mineralization remains open in multiple directions, with further drilling planned to test the continuity of this new zone.
• Geophysics Program Underway: A Pole-Dipole Induced Polarization (PD-IP) survey is being executed to improve drill targeting.

Hole TIR-26-58 was positioned to test a structural offset identified through recent detailed structural re-interpretation. The mineralization is hosted within a sequence of lithic and mafic tuffs, characterized by massive to semi-massive sulfide assemblages.

The presence of high-grade copper (2.18% Cu) silver (128.88 g/t Ag) and zinc (27.61% Zn) within the core of this intercept confirms that the new parallel structure is a high-tenor polymetallic system. This second structure significantly expands the potential volume of the Cachimbo target, as it remains open along strike and down-dip. Table 1 below shows a detail of the intercepts and grades.

Table 1: Results from hole TIR-26-58

*Interval grades are calculated using uncapped assays. Gold values did not exceed 21.9 g/t which is below the capping level for Romero of 72.2 g/t. Intervals may not represent true widths. There is insufficient drilling to determine the exact orientation of the mineralized zones at this time. AuEq was calculated by using metal prices of Au US$ 3,450/ounce, Cu US$ 5.1/pound, Ag US$ 37.4/ounce, Zn US$ 3,280/ton and Pb US$ 1,920/ton. No metal recoveries utilized.

Exploration at Cachimbo is ongoing. While the initial results for TIR-26-58 are encouraging, assays for the second half of the hole remain pending and are expected shortly.

Furthermore, drilling of holes TIR-26-57 and TIR-26-59, which targeted the down-dip extension of the primary Cachimbo zone, have been completed. Results from hole TIR-26-57 did not return significant intercepts, while results for hole TIR-26-59 are currently pending laboratory analysis. The rig has now transitioned to TIR-26-60, targeting deep extension of Cachimbo.

Figure 1 below shows a plan view with the current progress. We have now completed a total of 3 drillholes for 1,145 metres of the 5,000 metre-program. Figure 2 shows a NE trending cross-section, indicated as A-B in the previous map.

Figure 1: Drill Progress at Cachimbo

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Figure 2: Cross Section A-B. Results from previous drilling are available at GoldQuest's website. 

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In addition to the drilling, a new PD-IP survey is now being carried out. Two lines are already completed, and results shows a good correlation between low and high chargeability contrast and mineralization, especially at the newfound VMS structure. We look forward to integrating this newly generated data to further refine our exploration of the Cachimbo target.

Luis Santana, CEO of GoldQuest Mining Corp., commented: "The discovery of a high-grade parallel structure at Cachimbo after nine years is a testament to our team's systematic approach to exploration in the Tireo Belt. These initial results from TIR-26-58 underscore the polymetallic potential of the district and suggest that Cachimbo is a much larger system than previously understood."

QA-QC

As part of the Company's Quality Assurance and Quality Control procedures (QA/QC) the Company reviews results from Certified Standard Reference materials (theStandards), which are inserted at a rate of five per 100 samples. Within the results disclosed herein there were no samples with results outside of the recommended tolerances for the Standards. In GoldQuest's drill programs, composite intervals were chosen using a combination of geological criteria and mineralization, averaging around two metres core length. The drill core is cut in half with one half of the core sample shipped to Bureau Veritas Labs by GoldQuest technicians. The remaining half of the core is kept at the Company core shack for future assay verification, or any other further investigation. Assays within intervals below the 0.005 g/t detection limit for Au were given a 0.0025 g/t value. All drill samples were prepared and screened by ACME Labs (Vancouver); metallic fire assay and multi‐element ICP‐MS were assayed by Bureau Veritas Laboratories (Vancouver). Gold values are determined by standard fire assay with an AA finish, or, if over 10.0 g/t Au, were re‐assayed and completed with a gravimetric finish. Copper and zinc values exceeding 0.2% were re-assayed with a 4-acid digestion and AAS finish. When zinc values exceeded 10% a classic titration was carried out for zinc. QA/QC included the insertion and continual monitoring of numerous standards, blanks and duplicates into the sample stream, at random intervals within each batch. The comprehensive GoldQuest QA/QC procedures can be viewed on GoldQuest's website at:
https://www.goldquestcorp.com/index.php/corporate/corporate-governance

Qualified Person

The scientific and technical information in this press release has been reviewed and approved by Leandro Sastre, P. Geo., VP of Exploration of GoldQuest and a Qualified Person for the technical information in this press release under NI 43‐101-Standards of Disclosure for Mineral Properties.

About GoldQuest

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Additional information can be viewed at the Company's website www.goldquestcorp.com.

On Behalf of the Board of Directors of GoldQuest Mining Corp.,

"Luis Santana"

Director & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward‐looking statements:

Statements contained in this news release that are not historical facts are forward‐looking information that involves known and unknown risks and uncertainties. Forward‐looking statements in this news release include, but are not limited to, statements with respect to the past drill programs, the results of such drill programs and the interpretation of the results of the drill programs, further drilling, the timing of drilling and assay results, mineral resources the merits of the Company's mineral properties, future drill programs and studies, the Company's plans and exploration programs for its mineral properties, including the timing of such plans and programs, the Company's belief that Dominican Republic authorities will support the development of the Romero gold-copper project, and the allocation of funds for the BFS and the 2025-2026 Program. In certain cases, forward‐looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward‐looking statements. Such risks and other factors include, among others, risks related to uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward‐looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward‐looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward‐looking statements except as required under applicable securities laws. Forward‐looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289415

Vancouver, British Columbia--(Newsfile Corp. - February 26, 2026) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to announce the appointments of Coille Van Alphen and Jose Michelen to the Company's board of directors (the "Board"), effective immediately, to fill the vacancies created by the resignations of Bill Fisher and Julio Espaillat from the Board.

Mr. Fisher and Mr. Espaillat have served on the Board for 16 years and 15 years, respectively. The Company would like to thank them both for their valuable contributions and service to GoldQuest over the past years and wishes them continued success in their future endeavors.

Luis Santana, Director and Chief Executive Officer of GoldQuest, commented: "We are very pleased to welcome Coille and Jose to the Board of GoldQuest at this important stage in the advancement of the Romero Project. Their combined experience in capital markets, corporate governance, finance and strategic development will further strengthen our Board as we continue to advance the Romero Project through permitting and towards development. At the same time, I would like to sincerely thank Bill and Julio for their commitment and contributions to the Company."

Coille Van Alphen

Ms. Van Alphen is a Metals & Mining Portfolio Manager at Equinox Partners, a US-based global value investment firm recognized for its long-term investment horizon and focus on good corporate governance. In this role, she manages a concentrated portfolio of precious metals miners and oversees investments in base metals companies.

Previously, Ms. Van Alphen was Senior Analyst of a precious metals mutual fund at Toqueville Asset Management (now Sprott Funds), where she was responsible for evaluating and monitoring global mining equity investments. Earlier in her career, she worked at CPP Investment Board in global capital markets and external portfolio management.

Ms. Van Alphen holds an MBA, graduating with distinction, from the Ivey School of Business at Western University and is a CFA charterholder.

Jose Michelen

Mr. Michelen has profound corporate and investment experience in the Dominican Republic and South America and has a track record of implementing and executing strategic corporate development goals within various enterprises. He has been active in financial markets since 1996, initially working in New York before co-founding a financial transactional platform in the Dominican Republic in 2002.

Since 2004, Mr. Michelen has focused on actively managing and overseeing investments across various industries in the Dominican Republic and Central America. He is a founding partner and board member of several Dominican financial institutions, including Centro Financiero Crecer, AG Investments and Alpha Valores, and has served on the board of directors of the Bolsa de Valores de la República Dominicana. He currently serves on the Board of Cevaldom.

Mr. Michelen holds an MBA from the Massachusetts Institute of Technology and a Bachelor of Science degree from New York University.

About GoldQuest

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Additional information can be viewed at the Company's website www.goldquestcorp.com.

On Behalf of the Board of Directors of GoldQuest Mining Corp.,

"Luis Santana"

Director & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward‐looking statements:

Statements contained in this news release that are not historical facts are forward‐looking information that involves known and unknown risks and uncertainties. Forward‐looking statements in this news release include, but are not limited to, the merits of the Company's mineral properties. In certain cases, forward‐looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "aims", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward‐looking statements. Such risks and other factors include, among others, risks related to uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward‐looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward‐looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward‐looking statements except as required under applicable securities laws. Forward‐looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285499

Vancouver, British Columbia--(Newsfile Corp. - February 18, 2026) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to announce that it has been recognized as a 2026 Top 50 Company by the TSX Venture Exchange.

The TSX Venture 50™ is an annual ranking of the top-performing companies on TSX Venture Exchange over the last year. Companies are ranked based on three equally-weighted criteria of one-year share price appreciation, market capitalization growth, and Canadian consolidated trading value.

During 2025, GoldQuest's share price increased by 538% and its market capitalization grew by 669%. The 2026 TSX Venture 50™ highlights the top 50 performers among more than 1,500 TSX Venture Exchange issuers.

Luis Santana, CEO of GoldQuest Mining Corp., commented: "We are honoured to be recognized as a 2026 TSX Venture 50™ company. This milestone reflects the strength of the GoldQuest team, our continued progress in advancing the Romero Project, and the strong support of our stakeholders, including our Dominican shareholders. We remain focused on responsibly unlocking Romero's value for the benefit of all stakeholders."

Andrew Creech, President, TSX Venture Exchange commented: "The 2026 TSX Venture 50 reflects a clear inflection point for early-stage finance, with a return of liquidity and capital that reinforces Canada's position as a world-leading centre for resource discovery, strategic innovation, and scale. This yearʼs ranking underscores the vital role TSXV plays in channeling capital to the mining sector and serving as the primary growth pipeline for the next generation of global mineral supply." More details can be found at: http://tsx.com/venture50.

About GoldQuest

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Additional information can be viewed at the Company's website www.goldquestcorp.com.

On Behalf of the Board of Directors of GoldQuest Mining Corp.,

"Luis Santana"

Director & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward‐looking statements:

Statements contained in this news release that are not historical facts are forward‐looking information that involves known and unknown risks and uncertainties. Forward‐looking statements in this news release include, but are not limited to, statements with respect to the merits of the Company's mineral properties, the Company's plans for its mineral properties, and the Company's focus on unlocking Romero's value for the benefit of all stakeholders. In certain cases, forward‐looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "aims", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward‐looking statements. Such risks and other factors include, among others, risks related to uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward‐looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward‐looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward‐looking statements except as required under applicable securities laws. Forward‐looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

For further information, please contact:

Luis Santana, Chief Executive Officer
1 (809) 224-0629
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Source: Toronto Stock Exchange

Vancouver, British Columbia--(Newsfile Corp. - February 3, 2026) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to provide an update on its ongoing 2025-2026 drilling and metallurgical testwork program at the 100%-owned Romero Gold-Copper Project in the Dominican Republic.

• The Company has successfully completed the metallurgical drill program: 5 metallurgical drillholes totalling 1,906 metres; ~1,600 m of representative core selected from all holes for advanced locked-cycle and variability testwork at ALS Kamloops, with first results expected in March 2026 and the final report by late April/early May 2026.

• Geotechnical and hydrogeological drilling advancing on schedule: 8 dedicated geotech holes (~2,700 m), of which 3 were completed and 3 are ongoing, and 10 hydrogeological holes (6 completed, 3 in progress) all to be finished by February 2026 to support Feasibility Study engineering design.

• Drilling started in early January at the Cachimbo discovery target, with the first hole currently at 450 metres, with a planned target depth of 500 metres. This program aims to delineate a Mineral Resource and test additional targets along the Romero-Cachimbo corridor.

• Geophysics Program Underway: A new ground geophysics program has commenced to further refine exploration targets. The program consists of Gradient Array Induced Polarization (IP) surveys and Pole-Dipole Induced Polarization (PD-IP) surveys.

Since beginning the program in September 2025, the Company has completed five metallurgical drill holes totaling 1,906 metres and three dedicated geotechnical holes totaling 1,270 metres (see Figure 1). This data will support the continued development of the underground mining design.

In parallel, three additional drill rigs continue with a geotechnical and hydrogeological drilling program at the planned plant, waste dump, tailings facility areas, and critical infrastructure (Figure 1). This campaign has been updated to eight dedicated geotechnical holes (approximately 2,700 metres in total) and ten hydrogeological holes (6 completed and 3 ongoing) and is on schedule for completion by February 2026. Data from these holes will support detailed engineering design for the Feasibility Study.

Luis Santana, CEO of GoldQuest Mining Corp., commented: "We are advancing efficiently on all fronts. With metallurgical samples now at the lab and the drill bit turning at Cachimbo, we remain on schedule to deliver our Feasibility Study milestones while simultaneously exploring the district's potential."

Figure 1: Drill Progress at Romero

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At Cachimbo, drilling of hole TIR-26-57 began in early January and has now reached 450 metres, with a target depth of 500 metres. The program seeks to define a Mineral Resource and test new targets along the Romero-Cachimbo corridor (Figure 2).

Core samples from TIR-26-57 contain sections with disseminated pyrite, chalcopyrite, barite, and sphalerite in veinlets (Figure 3), similar to mineralization encountered in previous holes at this target. Cutting and sampling are currently in progress, with assay results anticipated by early March.

Figure 2: Drill Progress at Cachimbo

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Figure 3: Core from hole TIR-26-57 a: 183.6 m depth. b: 258 m depth.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1663/282433_8d79910e64fd58cd_003full.jpg

Additionally, a geophysics program is currently in progress. Commenced on January 27, a new ground geophysics plan aims to further delineate exploration targets and support drill planning along the aforementioned corridor. The scope of this program includes Gradient Array Induced Polarization (IP) surveys, which will be supplemented with Pole-Dipole Induced Polarization (PD-IP) surveys in zones where anomalies are identified. The plan consists of:

• A first stage of Gradient Array Induced Polarization (IP) to complete the cover in the brownfield targets around the Romero deposit, and

• A second stage targeting the Cachimbo trend, with the objective of improving the upcoming drill program at the greenfield targets Cañada La Vaca and Los Ganchos.

Qualified Person

The scientific and technical information in this press release has been reviewed and approved by Leandro Sastre, P. Geo., VP of Exploration of GoldQuest and a Qualified Person for the technical information in this press release under NI 43‐101-Standards of Disclosure for Mineral Properties.

About GoldQuest

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Additional information can be viewed at the Company's website www.goldquestcorp.com.

On Behalf of the Board of Directors of GoldQuest Mining Corp.,

"Luis Santana"

Director & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Forward‐looking statements:

Statements contained in this news release that are not historical facts are forward‐looking information that involves known and unknown risks and uncertainties. Forward‐looking statements in this news release include, but are not limited to, statements with respect to the past drill programs, the results of such drill programs and the interpretation of the results of the drill programs, further drilling, the timing of drilling and assay results, the Feasibility Study and engineering studies in support thereof, the mobilization of drill rigs, mineral resources at Romero and Romero South, the merits of the Company's mineral properties, future drill programs and studies and the Company's plans and exploration programs for its mineral properties, including the timing of such plans and programs. In certain cases, forward‐looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "aims", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward‐looking statements. Such risks and other factors include, among others, risks related to uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward‐looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward‐looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward‐looking statements except as required under applicable securities laws. Forward‐looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

For further information, please contact:

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282433

Vancouver, British Columbia--(Newsfile Corp. - January 13, 2026) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to announce the closing of the third and final tranche (the "Third Tranche") of its previously announced non-brokered private placement (the "Private Placement") of units of the Company (the "Units"), originally announced on December 16, 2025. The first tranche of the Private Placement (the "First Tranche") closed on December 23, 2025 and the second tranche of the Private Placement (the "Second Tranche") closed on January 9, 2026.

Under the Third Tranche, the Company issued 2,744,542 Units at a price of C$1.21 per Unit, for total gross proceeds of approximately C$3.3 million.

Each Unit is comprised of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable to purchase one Common Share at an exercise price of C$1.80 per Common Share for a period of 24 months from the applicable closing date of the Private Placement.

Combined with the First Tranche and Second Tranche, the Company has issued a total of 34,710,743 Units under the Private Placement, for gross proceeds of approximately C$42 million.

In connection with the Third Tranche, the Company paid cash finder's fees of C$100,000.45 to Paradigm Capital Inc. and C$66,044.34 to Milenio Partners, S.A., each an arm's length party.

All Common Shares and Warrants issued pursuant to the Private Placement are subject to a four-month statutory hold period under applicable Canadian securities laws.

The Company expects to use the proceeds of the Private Placement for early development activities at the Romero project, expansion of greenfield exploration drilling, and general corporate purposes.

About GoldQuest Mining Corp.

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Forward-looking statements:

Statements contained in this news release that are not historical facts are forward‐looking information that involves known and unknown risks and uncertainties. Forward‐looking statements in this news release include, but are not limited to, the use of proceeds raised under the Private Placement, the Company's plans with respect to the Romero project and focus on advancing its assets in the Dominican Republic. In certain cases, forward‐looking statements can be identified by the use of words such as "plans", "looks forward", "has proven", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward‐looking statements. Such risks and other factors include, among others, risks related to the implementation, application and interpretation of the recent changes to the Dominican Republic's environmental regulations; risks related to the ability of the Company to advance and complete a Feasibility study, Environmental and Social Impact Assessment and other studies on the Romero project; economic and political conditions globally and in the Dominican Republic; uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward‐looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward‐looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward‐looking statements except as required under applicable securities laws. Forward‐looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/280225

Vancouver, British Columbia--(Newsfile Corp. - January 9, 2026) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to announce the closing of the second tranche (the "Second Tranche") of its previously announced non-brokered private placement (the "Private Placement") of units of the Company (the "Units"), originally announced on December 16, 2025. The first tranche of the Private Placement (the "First Tranche") closed on December 23, 2025.

Under the Second Tranche, the Company issued 7,172,813 Units at a price of C$1.21 per Unit, for total gross proceeds of approximately C$8.7 million.

Each Unit is comprised of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable to purchase one Common Share at an exercise price of C$1.80 per Common Share for a period of 24 months from the applicable closing date of the Private Placement.

Combined with the First Tranche, the Company has issued a total of 31,966,201 Units under the Private Placement, for gross proceeds of approximately C$40 million.

In connection with the Second Tranche, the Company paid a cash finder's fee of C$305,579.45 to Paradigm Capital Inc., an arm's length party.

All Common Shares and Warrants issued pursuant to the Private Placement are subject to a four-month statutory hold period under applicable Canadian securities laws.

The Company expects to close the third and final tranche of the Private Placement (the "Final Tranche") of up to C$3,320,896 early next week.

The Company expects to use the proceeds of the Private Placement for early development activities at the Romero project, expansion of greenfield exploration drilling, and general corporate purposes.

Insider Participation and MI 61-101 Disclosure

Insiders of the Company acquired an aggregate of 150,000 Units (C$181,500) under the Second Tranche. Such insider participation constitutes a "related party transaction" as defined under the TSV Venture Exchange (the "TSX-V") Policy 5.9 and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101").

The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the securities to be acquired by insiders, nor the consideration paid by them, exceeds 25% of the Company's Market Capitalization.

About GoldQuest Mining Corp.

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Forward-looking statements:

Statements contained in this news release that are not historical facts are forward‐looking information that involves known and unknown risks and uncertainties. Forward‐looking statements in this news release include, but are not limited to, statements with respect to the Final Tranche, the use of proceeds raised under the Private Placement, the Company's plans with respect to the Romero project and focus on advancing its assets in the Dominican Republic. In certain cases, forward‐looking statements can be identified by the use of words such as "plans", "looks forward", "has proven", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward‐looking statements. Such risks and other factors include, among others, risks related to the implementation, application and interpretation of the recent changes to the Dominican Republic's environmental regulations; risks related to the ability of the Company to advance and complete a Feasibility study, Environmental and Social Impact Assessment and other studies on the Romero project; economic and political conditions globally and in the Dominican Republic; uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward‐looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward‐looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward‐looking statements except as required under applicable securities laws. Forward‐looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279915

Vancouver, British Columbia--(Newsfile Corp. - December 23, 2025) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to announce the closing of the first tranche (the "First Tranche") of its previously announced non-brokered private placement (the "Private Placement") of units of the Company (the "Units"), originally announced on December 16, 2025.

As previously announced, the Private Placement was increased to a maximum of 34,710,743 Units at a price of C$1.21 per Unit, for total gross proceeds of up to approximately C$42 million.

Each Unit is comprised of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable to purchase one Common Share at an exercise price of C$1.80 per Common Share for a period of 24 months from the applicable closing of the Private Placement.

Under the First Tranche, the Company issued a total of 24,793,388 Units at a price of C$1.21 per Unit, raising gross proceeds of C$29,999,999.48.

In connection with the First Tranche, the Company paid a cash finder's fee of approximately C$1,499,999.97 to Milenio Partners, S.A., an arm's length party.

The Private Placement remains subject to final acceptance of the TSX Venture Exchange (the "TSX-V"). All Common Shares and Warrants issued pursuant to the Private Placement are subject to a four-month statutory hold period under applicable Canadian securities laws.

The Company expects to use the proceeds of the Private Placement for early development activities at the Romero project, expansion of greenfield exploration drilling, and general corporate purposes.

Insider Participation and MI 61-101 Disclosure

Insiders of the Company are expected to acquire 150,000 Units (C$181,500) under the second tranche of the Private Placement. Such insider participation constitutes a "related party transaction" as defined under TSX-V Policy 5.9 and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101, as neither the fair market value of the securities to be acquired by insiders, nor the consideration paid by them, exceeds 25% of the Company's Market Capitalization.

About GoldQuest Mining Corp.

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Forward-looking statements:

Statements contained in this news release that are not historical facts are forward‐looking information that involves known and unknown risks and uncertainties. Forward‐looking statements in this news release include, but are not limited to, statements with respect to the size of the Private Placement, the second tranche of the Private Placement, receipt of TSX-V approval, the use of proceeds raised under the Private Placement, the Company's plans with respect to the Romero project and focus on advancing its assets in the Dominican Republic. In certain cases, forward‐looking statements can be identified by the use of words such as "plans", "looks forward", "has proven", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward‐looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward‐looking statements. Such risks and other factors include, among others, risks related to receiving TSX-V approval; the implementation, application and interpretation of the recent changes to the Dominican Republic's environmental regulations; risks related to the ability of the Company to advance and complete a Feasibility study, Environmental and Social Impact Assessment and other studies on the Romero project; economic and political conditions globally and in the Dominican Republic; uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward‐looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward‐looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward‐looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward‐looking statements except as required under applicable securities laws. Forward‐looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278929

Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to announce that due to significant interest, the Company intends to increase the size of its previously announced non-brokered private placement (the "Private Placement"). The Private Placement will now be comprised of an aggregate of up to 34,710,743 units of the Company (the "Units") at a price of $1.21 per Unit, for aggregate gross proceeds of up to approximately $42 million.

Each Unit will be comprised of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable to purchase one Common Share at an exercise price of $1.80 per Common Share for a period of 24 months from the applicable closing of the Private Placement.

Luis Santana, CEO of GoldQuest Mining Corp., commented: "We are encouraged by the continued support and trust demonstrated by large Dominican institutional investors, whose long-term participation reflects confidence in the quality of the Romero project and in our disciplined approach to advancing it. The strong demand for this financing reinforces institutional acceptance of our strategy and provides additional confidence as we move forward. Importantly, the convergence of Dominican institutional investors and International capital markets participants creates a uniquely strong and well-aligned shareholder base, which we view as critical as we advance permitting, fund development, and move Romero toward construction."

The Private Placement is expected to close in tranches on or before January 9, 2026, subject to the completion of formal documentation and receipt of all necessary regulatory approvals, including approval of the TSX Venture Exchange (the "TSXV").

The Company expects to use the proceeds of the Private Placement for early development activities at the Romero project, expansion of greenfield exploration drilling, and general corporate purposes.

It is anticipated that certain insiders of GoldQuest will subscribe for Units in the Private Placement. The issuance of Units will be considered related party transactions within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company intends to rely on exemptions from the formal valuation and minority approval requirements contained in Sections 5.5(b) and 5.7(1)(a), respectively, of MI 61-101 in respect of such insider participation.

As consideration for services provided in connection with the Private Placement, the Company will pay a finder's fee to certain eligible finders who introduced subscribers to the offering, including Paradigm Capital Inc.

Common Shares and Warrants issued under the Private Placement will be subject to a four-month statutory hold period in accordance with applicable Canadian securities laws.

About GoldQuest Mining Corp.

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Forward-Looking Statements

Statements contained in this news release that are not historical facts are forward-looking information that involves known and unknown risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements with respect to the size of the Private Placement, the offering price and closing date of the Private Placement, the use of proceeds raised under the Private Placement, the Company's plans with respect to the Romero project and the Company's focus on advancing its assets in the Dominican Republic. In certain cases, forward‐looking statements can be identified by the use of words such as "plans", "looks forward", "has proven", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to receiving TSXV approval of the Private Placement; the implementation, application and interpretation of the recent changes to the Dominican Republic's environmental regulations; risks related to the ability of the Company to advance and complete a feasibility study, Environmental and Social Impact Assessment and other studies on the Romero project; economic and political conditions globally and in the Dominican Republic; uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward‐looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws. Forward-looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278470

Vancouver, British Columbia--(Newsfile Corp. - December 16, 2025) - GoldQuest Mining Corp. (TSXV: GQC) (OTCQX: GDQMF) ("GoldQuest" or the "Company") is pleased to announce that it intends to offer, on a non-brokered private placement basis, up to 24,793,399 units of the Company (the "Units") at a price of $1.21 per Unit, for aggregate gross proceeds of up to approximately $30 million (the "Private Placement"). There is no minimum offering amount.

Luis Santana, Chief Executive Officer of GoldQuest, commented:
"This financing strengthens our balance sheet and provides the Company with the flexibility to advance exploration and early development activities in the Dominican Republic. We are particularly encouraged by the participation of a new institutional investor, alongside continued support from established Dominican institutional investors. Their involvement reflects long-term alignment with GoldQuest's strategy and confidence in the quality of our assets and our disciplined approach to advancing the project."

"The participation of one of the largest Dominican institutional investors, together with continued support from existing local institutional investors, represents an important strategic element of this financing. These investors have a long-standing presence in the Dominican financial market and bring long-term capital, local market knowledge, and a strong understanding of the Dominican Republic's regulatory and operating environment. Their continued participation supports the Company's long-term strategic objectives and contributes to a stable and well-aligned shareholder base as GoldQuest advances exploration and development activities in the Dominican Republic."

Each Unit will be comprised of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will be exercisable to purchase one Common Share at an exercise price of $1.80 per Common Share for a period of 24 months from the closing date of the Private Placement.

The Private Placement is expected to close on or before December 19, 2025, subject to the completion of formal documentation and receipt of all necessary regulatory approvals, including approval of the TSX Venture Exchange.

The Company expects to use the proceeds of the Private Placement for early development activities at the Romero project, expansion of greenfield exploration drilling, and general corporate purposes.

Common Shares and Warrants issued under the Private Placement will be subject to a four-month statutory hold period in accordance with applicable Canadian securities laws.

About GoldQuest Mining Corp.

GoldQuest Mining Corp. is a Canadian exploration and development company with strong participation from Dominican investors, focused on advancing its gold and copper assets in the Dominican Republic. The Company has a Board of Directors and management team with prior experience developing and operating a mine in the country.

Forward-Looking statements:

Statements contained in this news release that are not historical facts are forward-looking information that involves known and unknown risks and uncertainties. Forward-looking statements in this news release include, but are not limited to, statements with respect to the size of the Private Placement, the offering price and closing date of the Private Placement, the use of proceeds raised under the Private Placement, participation of investors in the Dominican Republic and the Company's focus on advancing the Romero gold-copper project and exploring the Tireo Formation. In certain cases, forward‐looking statements can be identified by the use of words such as "plans", "looks forward", "has proven", "expects" or "does not expect", "is expected", "potential", "likelihood", "appears", "budget", "scheduled", "estimates", "forecasts", "at least", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "should", "might" or "will be taken", "occur" or "be achieved".

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks and other factors include, among others, risks related to receiving TSXV approval of the Private Placement; the implementation, application and interpretation of the recent changes to the Dominican Republic's environmental regulations; risks related to the ability of the Company to advance and complete a feasibility study, Environmental and Social Impact Assessment and other studies on the Romero project; economic and political conditions globally and in the Dominican Republic; uncertainties inherent in drill results and the estimation of mineral resources; commodity prices; changes in general economic conditions; market sentiment; currency exchange rates; the Company's ability to continue as a going concern; the Company's ability to raise funds through equity financings; risks inherent in mineral exploration; risks related to operations in foreign countries; future prices of metals; failure of equipment or processes to operate as anticipated; accidents, labor disputes and other risks of the mining industry; delays in obtaining governmental approvals; government regulation of mining operations; environmental risks; title disputes or claims; limitations on insurance coverage and the timing and possible outcome of litigation. Although the Company has attempted to identify important factors that could affect the Company and may cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, do not place undue reliance on forward‐looking statements. All statements are made as of the date of this news release and the Company is under no obligation to update or alter any forward-looking statements except as required under applicable securities laws. Forward-looking statements are based on assumptions that the Company believes to be reasonable, including expectations regarding mineral exploration and development costs; expected trends in mineral prices and currency exchange rates; the accuracy of the Company's current mineral resource estimates; that the Company's activities will be in accordance with the Company's public statements and stated goals; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained and that there will be no significant disruptions affecting the Company or its properties.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278187