TORONTO, April 2, 2012 /CNW/ - Northquest Ltd. (TSXV-NQ) ("Northquest" or the "Corporation") is pleased to announce that it has appointed Dr. Robert Hodder as a director of the Corporation effective as of April 1, 2012, subject to the approval of the TSX Venture Exchange. Dr. Hodder is a professional engineer and a professional geoscientist who has served as an exploration geologist with the American Metal Company, manager of the exploration office in Lima, Peru for AMAX, and as senior geologist and Vice-President of Exploration for Callahan Mining Corporation. He is a former Chair, and is presently professor emeritus of the Geology Department at the University of Western Ontario. He has received the Duncan Derry Medal from the Geological Society of Canada and the Mentorship Medal from the Canadian Federation of Earth Sciences.
At this time, Northquest also announces the resignation of Mr. Craig MacDougall from the board of directors of the Corporation effective April 1, 2012. Northquest wishes to thank Mr. MacDougall for his contributions to the Corporation, and wishes him well in his future endeavours.
Northquest is a mineral exploration company focused on the acquisition, exploration and development of properties for the mining of gold and other minerals.
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 RELEASE.
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Northquest, including, but not limited to dependence upon regulatory approvals. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
Dr. Jon North
President and Chief Executive Officer
Tel. (416) 306-0202