Geulmin Gold Project
In 2021, Great Quest Gold Ltd. expanded its project portfolio by announcing an option to acquire Tadine Plus, a Moroccan exploration company, with a focus on the Bas Draa and Taznakt Ouarzazate exploration prospects.
These projects are situated in the southwestern Anti-Atlas region of Morocco, known for its distinct WSW-ENE trending hills and mountains, and hold considerable promise for gold exploration.
The Bas Draa prospect encompasses three mining permits, and three exploration permits, with preliminary work conducted between 2007 and 2009 by British explorationists. These early efforts yielded impressive gold grades, ranging from 147 g/t to 56 g/t in the main exploration zones, specifically the AK1 and AK4 structures.
Exploration Progress
Exploration Work
Recent sampling further supports the region’s potential, with grab samples showing gold grades of 12.73 g/t, 8.52 g/t, 0.50 g/t, and 0.61 g/t, as well as anomalous levels of copper and zinc. These findings suggest a rich and diverse mineral presence, enhancing the project’s exploration appeal.
Diversification and Expansion
The Bas Draa Prospect represents a key strategic initiative for Great Quest, expanding its footprint in Morocco and diversifying its risk exposure across multiple jurisdictions. This expansion into Morocco highlights the company’s commitment to growth through the discovery and development of high-potential gold assets.
Why MOROCCO
Morocco boasts extensive geological wealth and investor-friendly mining policies, making it an attractive destination for gold exploration.
With a rich mining history and ongoing discoveries of high-grade gold deposits, it offers significant opportunities for exploration companies. Morocco’s gold reserves are estimated at 22.12 metric tonnes —the fifth largest in Africa, according to Statista.
New gold discoveries continue to emerge, highlighting Morocco’s potential and reinforcing its position as a key player in global gold exploration.
Business-friendly environment
Stable and supportive regulatory environment for mining investments. Favourable climate for exploration and development
Strategic Location
Gateway to European and African markets, offering logistical advantages. Well-developed infrastructure, including ports, roads, and rail networks.
Growing Reputation
Historical mining activity and recent discoveries in Morocco, such as the Tijirit Gold Project by Kinross Gold and the Tirrini-Bou Skour Copper-Gold Project by Managem Group, highlight the potential for high-grade gold mineralization.