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MALI

VANCOUVER, BC - Willis W. Osborne, President of Great Quest Metals Ltd. (TSXV: GQ; Frankfurt: GQM), is very pleased to announce that the Malian Government granted an Autorisation d'Exploration on a 230 square kilometre phosphate concession, designated as the Tin Hina concession, in the Tilemsi area, eastern Mali, West Africa to Engrais Phosphates du Mali-SA. Great Quest holds an 88% interest in Engrais Phosphates du Mali-SA.

A preliminary exploration survey, as required under the terms of the permit, has been completed. During the program, Company geologists outlined a substantial occurrence of phosphate rock on top of a 4,000 x 7,000 metre hill. A total of 58 samples from 6 pits and 31 outcrops were taken within the concession during the program. The samples have been submitted for assay to determine the content of P2 O5, contained mainly in the mineral, apatite. On September 3, 2009, the Government of Mali increased the concession to 417 square kilometres which includes all of the Tin Hina - Tin Behouki zone.

KENIEBA

The Kenieba and Baroya concessions share a 12.5 kilometre border with the Tabakoto and Segala concessions of Avion Resources which cover the Tabakoto gold mine and Segala gold deposit. There is an old adage stating that the best place to look for a mine is in close proximity to another mine.

The Kenieba gold concession covers a variety of gold occurrences. These range from gold in quartz veins associated with albitite dykes, to gold in quartz-breccia-quartz-vein zones and to gold in quartz vein systems. Thus far in the exploration of the concession, the Djambaye 2 gold zone, where a mineral resource of 324,000 ounces of gold has been established, is the primary target. Less work has been done on the Djambaye 1 gold zone, but drilling has shown some positive results. Other areas of interest include the Kabaya 1, Kabaya 2 and Kourufin zones.

Great Quest currently holds the Kenieba concession where an NI 43-101 compliant, inferred mineral resource in the Djambaye 2 gold zone was upgraded by Carl Verley (P. Geo.) to 324,000 ounces of gold on January 28, 2008. This equates to 2,574,000 tonnes of 3.92 grams per tonne gold or 10.08 tonnes of gold. The concession is located in western part of Mali, West Africa and is south of and adjacent to the concession covering the Tabakoto mine and Segala deposit.

In September, 2007, Nevsun Resources Ltd. suspended operations at the Tabakoto mine and put all of its holdings in Mali up for sale. The outlook in the area was considerably enhanced with the March 25, 2008 announcement by Nevsun, that Avion Resource Corp., subject to regulatory approval and financing by Avion, had agreed to pay Nevsun $20 million in addition to granting a 1% net smelter return royalty on future production for the Tabakoto mine, Segala deposit and other exploration targets. On April 17, Avion announced a private placement financing of $30 million in connection with the Malian acquisition and a drill program on the concession.

According to a March 26, 2008 news release by Avion, "Avion plans to focus its efforts on a drill program that will be designed to increase the confidence levels of the previous resources at Tabakoto and Segala and aggressively pursue satellite targets that could contribute additional gold resources in the immediate project area. For Tabakoto and Segala, Avion is targeting the identification of between 1.4 million and 1.7 million ounces with a target grade of approximately 3.0 to 4.5 g/t of gold at the Mali projects. However, at this time, the target resource estimate is conceptual in nature as the information and analysis required to substantiate an estimate have not been completed. Avion can not be certain that further results and analysis will substantiate this estimate." The news release later states, "With infrastructure in place, Avion plans to restart production at the Tabakoto mine shortly after operational and economic feasibility has been determined."

On October 6, 2008, "Avion Resources announced the completion of the 2008 drilling program at the Segala and Tabakoto gold projects, Mali (West Africa). In total, Avion drilled 79 holes (15,341 metres), since the acquisition of the Mali projects in May 2008. The program objective was to substantiate previous mineral resource estimates at Segala and Tabakoto, discover additional zones and to delineate a new geological model for the deposits. An updated resource estimate for the Segala gold project is expected in the fourth quarter of 2008, with planned production at Segala commencing shortly thereafter in the first quarter of 2009. An updated resource for Tabakoto is planned for the first quarter of 2009."

In a December 7, 2007 news release, Randgold Resources updated developments on its Yalea underground project, also in Mali and just 26 kilometres from the Kenieba project of Great Quest. Overall, approximately 12.55 million ounces of gold have been discovered at Loulo in several deposits. Of immediate interest to Great Quest is the activity in the Yalea area. The Yalea open pit resource was 7,450,000 tons of 3.98 grams per tonne gold for 950,000 ounces. The Company is currently digging a tunnel under the open pit to access the underground portion of the Yalea deposit where underground resources amount to 8,400,000 tonnes of 6.88 grams per tonne gold for 1,860,000 ounces. The above information comes from Randgold's November, 2005 PowerPoint Presentation. In a December 7, 2007 news release, the Company states about the Yalea project, "The underground project is still relatively new and is subject to continuous enhancement and optimization. One such enhancement is the addition of the area in Yalea South, which has up until now been excluded from mine planning owing to the weathering profile that extends to depth in this area. A total of 2,664,107 t is mineable from the Yalea South extension at a grade of 4.51 g/t yielding 385,927 oz. The scheduling of this area with the rest of Yalea is currently under way.

So what does this have to do with Great Quest Metals? First, the grade in the Djambaye 2 gold zone is comparable to the target grade of 3.0 to 4.5 grams per tonne of Avion at the Tabakoto mine and Segala deposit. With the exception of the Yalea underground deposit at 6.88 g/t gold, it is comparable to the Yalea open pit and Yalea South underground deposit.

On the Djambaye 2 zone, the mineral resource was calculated over a length of 1.850 metres. The zone has been traced on the surface for 4,000 metres and is open in both directions and to depth. The initial target of Great Quest on the Djambaye 2 zone will be to double the current mineral resource. There are several prospective gold zones that remain to be explored on the 32 square kilometre Kenieba concession and the 8 sq km Comifa concession. Success in testing these could add to the mineral resource.

The opportunities for the Company include a possible joint venture relationship with another company

For more infor on the Kenieba project CLICK HERE .

BOURDALA

The feature concession within the Bourdala concessions is the TD concession, located in the southwestern part of the block. This is an area of extensive historical orpaillage (the local form of hand mining) dating back 100 to 200 years. It is also an area of considerable recent work, with over 1,500 female orpailleurs active throughout the summer of 2006. The female orpailleurs work the surface terrain, whereas the men dig pits, to search for and recover gold. The women in this area have so far worked an area of nearly 50 metres by 340 metres covered by laterite. Laterite is a hard rock-like crust that can form on the surface in a tropical or forested region with a warm to temperate climate.

The geology consists of a 25 metre wide, north-south, diorite dyke within Birimian metasediments. A large zone of small and very large pits occurs west of the dyke. A 2003 diamond drill hole, TD 02-03, spotted 75 metres west of the dyke and drilled toward it, intersected 21.60 metres of 1.07 g/t gold. A second drill hole, TD 03-03, drilled 170 metres west of the dyke, intersected 16.40 metres of 1.51 g/t gold.

A RAB drill program is planned for this area to define the extent of gold mineralization in the surface saprolite.

For more info on the Bourdala project CLICK HERE .

KENIETI DIAMOND CONCESSION

Great Quest also holds the 2,149 sq km Kenieti diamond concession in western Mali. The concession covers three known kimberlite pipes: the 0.6 hectare Sakola, 3.0 hectare Dabora and the 5.0 hectare Orange River. A 0.05 carat diamond was previously recovered from the Orange River kimberlite pipe and other diamonds have previously been discovered in alluvium in four separate locations within this concession, including five in one of the areas. All of the diamonds have been documented by the Bureau de Recherche Geologique et Minieres, a French Government agency.

The Kenieti concession covers part of the West Africa diamond corridor, which passes through western Mali. In western Mali, seven of the 30 known kimberlites are diamondiferous. Of the 95 diamonds previously found and documented in the district before 2006, from both alluvial sources and bulk sampling of kimberlite pipes, 19 were microdiamonds and 74 were macrodiamonds. Twenty-one of these macrodiamonds were one carat or greater. Eleven of the macrodiamonds ranged from 30 to 232 carats.

Great Quest's initial program In the Kenieti concession will consist of testing areas of small airborne-magnetic anomalies for diamond indicator minerals in order to locate possible kimberlite pipes.

For more info on the Kenieti Diamond Concession CLICK HERE .

TASEKO PROPERTY

Great Quest holds a 100% interest in the copper-gold-molybdenum Taseko Property, located 225 kilometres north of Vancouver, British Columbia. The copper-gold-molybdenum, 108 unit (27 square kilometer) Taseko property covers the Empress deposit, with historical mineral resources of 11,078,000 tons of 0.61% copper and 0.023 ounces per ton gold, and the copper-molybdenum-gold Buzzer zone. This equates to 135,151,600 pounds of copper and 254,000 ounces of gold.


Mineral Deposits In The Area

* Taseko Mines Ltd., The Prosperity Deposit is approximately 25 kilometers north of the Taseko Property. It has an indicated, proven and probable mineral reserve of 480 million tonnes of 0.43 grams/tonne gold (0.013 ounces per ton) and 0.22%copper.

* Bralorne Gold Mines, This past producer is approximately 58 kilometers southeast of the Taseko Property. The mines have produced 4.1 million ounces of gold and are being tested for further production.

* Barrick Gold Corp., The Poison Mountain Property is located 75 kilometers east of Taseko Lake. It has Reserves of 280 million tonnes 0.261% copper, 0.142 grams/tonne gold, 0.007% molybdenum. And 0.514 grams/tonne silver.

* Galore Resources Inc., The Pellaire Mine has an estimated mineralization of 90,000 tons of 0.79 ounces/ ton gold plus significantly more potential. Approximately 2000 ounces of gold were produced in 2000 under a Testing permit.

EMPRESS ZONE

Geologically, there is a highly altered, 177-to-223-metre-thick zone of volcanic rock sitting on relatively unaltered granitic rock within the Taseko property north of the volcanic-granodiorite contact. In the Empress area, the contact between the granitic and volcanic rock, with the granitic rock to the south, dips steeply north and then plateaus at a depth of about 213 metres. Copper-gold mineralization occurs within the altered volcanic rock. The three sub-zones within the Empress deposit are the 76, Upper North and Lower North. The highest grade mineralization of the three is in the Lower North zone, which ranges from 140 to 204 metres deep

For more info on the Empress Zone CLICK HERE .

GRANITE CREEK ZONE

In 2007, two holes were drilled north of the copper-gold Empress deposit in the Granite Creek zone to determine whether the geological setting present at the Empress continues to the north. Hole 91-43, drilled 191 metres north of the Empress deposit, intersected 3 zones of molybdenum mineralization totalling 26 metres, over a 100 metre width, with an average grade of 0.020 % Mo. Hole 91-49, 57 metres northwest of Hole 91-43 intersected 133 metres of 0.029% Mo from 53 metres to 187 metres including, from 57 to 133 metres, 77 metres of 0.035 Mo. This was followed by 89 metres of 0.23% Cu and 0.007 opt gold. The molybdenite is in intensely altered volcanic rock to 109 metres then altered quartz diorite to 178 metres where it changes to a mixture of altered and unaltered quartz diorite. The area to the north, east and west remains unexplored.

For more info on the Granite Creek Zone CLICK HERE.

BUZZER ZONE - BUZZER WEST

A series of greater than 200 ppb copper anomalies extends 2,438 metres west of the Buzzer. Fragments of mineralized granitic rock similar to that at the Buzzer zone are found in the Buzzer West area, 1,579 metres southwest of the Buzzer zone. Similar Buzzer look-alike fragments were found on the west side of the copper soil anomalies. The copper soil anomalies are not continuous, which could be due to a cover of glacial drift and talus, deep overburden in some places or lack of continuity in the copper-molybdenum mineralization. No hole has been drilled west of the Buzzer zone. This is a very large area which is completely untested with the exception of the Buzzer zone. This will be drill-tested in 2008.

For more info on the Buzzer Zone - Buzzer West project CLICK HERE.