Getting a reaction in the price off the open... there can be no real supply from retail... so I'm watching for shorting into the strength.
Silver Quest Intersects Gold and Silver at Capoose, BC
08:00 EST Wednesday, December 22, 2010
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 22, 2010) - Silver Quest Resources Ltd. (TSX VENTURE:SQI) (the "Company") is pleased to report assay results for diamond drill holes D-10-143, D-10-144, D-10-145 and D-10-146 recently completed on the Capoose Project ("Capoose") located in north central British Columbia, 185 km southwest of Prince George. The assay results confirm that gold and silver mineralization extends to the east of the west arm of the deposit and further confirms that mineralization is open at depth on the east arm of the deposit. Mineralization remains open at depth and in all directions.
Silver Quest is planning to update the current NI 43-101 inferred mineral resource estimate of 53.45 million tonnes grading 0.41 g/t gold and 23.93 g/t silver for 699,000 contained ounces of gold and 41,120,000 contained ounces of silver (see news release dated March 4, 2010) to include the drill results from this summer's exploration program in early 2011. For more information and property maps see the Company's website at http://www.silverquest.ca/.
GLTA Lostoutwest
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