GoldQuest Mining Corp. (TSX VENTURE:GQC)(FRANKFURT:M1W) today announced that the company has closed the transaction with Gold Fields Dominican Republic BVI Limited as previously disclosed in its news release of August 5, 2009.

The press release is quoted as saying:

Gold Fields has invested over CDN$6 Million in the Dominican projects and completed in excess of 12,900 meters of exploration drilling on seven different projects. GoldQuest believes the Gold Fields exploration programme has provided a solid first pass test of a number of the projects although many targets remain to be explored in detail.

Click here to access the entire press release ^[1]

Click here to access GoldQuest Mining Corporate Site ^[2]