QGold Welcomes Jamsheed Mehta to Board of Directors
Q-Gold Resources Ltd. is excited to announce a significant addition to its leadership team with the appointment of Jamsheed Mehta to its Board of Directors. With his extensive experience in capital markets and mining finance, Mr. Mehta is expected to play a crucial role in guiding the company’s future endeavors.
Experience and Background
Jamsheed Mehta brings with him over 35 years of valuable experience in the capital markets sector. His distinguished career includes an impressive 31 years at BMO Capital Markets, where he excelled in various senior leadership roles. His noteworthy contributions culminated in his service as Vice-Chair from 2015 until 2023. This combination of robust industry insight and vast knowledge of equity markets will be invaluable as QGold progresses in its exploration and development plans.
Strategic Importance of His Role
Peter Tagliamonte, President and CEO of QGold, expressed enthusiasm for Mr. Mehta’s addition to the board, stating that his expertise in mining finance and equity markets aligns perfectly with the company's strategic objectives. The expertise Mr. Mehta brings will be instrumental in advancing projects such as the recently acquired Quartz Mountain Gold Project, a key asset for QGold.
Quartz Mountain Gold Project Overview
The Quartz Mountain Gold Project stands as the flagship asset for QGold, located in a historically productive mining area in southern Oregon. This project is not only a prime opportunity for the company but also represents a strategic investment in a region known for its favorable mining environment.
Earlier this year, QGold successfully acquired the Quartz Mountain Gold Project from Alamos Gold. The excitement surrounding this acquisition was amplified when the company published a mineral resource estimate, highlighting substantial gold and silver reserves that promise an exciting future for QGold.
Highlights of the Mineral Resource Estimate
The recently released mineral resource estimate showcases:
- 1,543,000 ounces of gold at a grade of 0.96 g/t and 2,049,000 ounces of silver at a grade of 1.27 g/t within the indicated mineral resource category.
- An additional 148,000 ounces of gold at 0.77 g/t and 135,000 ounces of silver at 0.70 g/t within the inferred mineral resource category.
- Potential compatibility with conventional open-pit mining methods, facilitating future extraction processes.
Management Changes and Developments
In addition to welcoming Jamsheed Mehta, QGold has also appointed Scott Moore as the new VP of Corporate Development. Mr. Moore arrives with a robust background, boasting over 25 years of experience across the resource and durable goods sectors.
His previous positions include CEO of Euro Sun Mining Inc. and President of Dacha Strategic Metals. His solid educational foundation, consisting of a degree from the University of Toronto and an MBA from the Kellogg School of Management, complements his extensive professional experience, making him a valuable asset to QGold.
Commitment to Responsible Exploration
QGold is committed to advancing its gold and silver assets responsibly. The company focuses on systematic exploration and disciplined project development, ensuring that all activities are founded on rigorous technical work and environmental stewardship. The Quartz Mountain Gold Project underlines QGold's strategy of targeting regions with established infrastructure and favorable mining regulations.
About Q-Gold Resources Ltd.
As a publicly traded North American mineral exploration and development company, Q-Gold Resources Ltd. is dedicated to transforming its portfolio of gold and silver projects toward production. The company is listed on the TSX Venture Exchange (TSXV: QGR), the OTC Markets (OTCQB: QGLDF), and the Frankfurt exchange (Börse Frankfurt: QX9G).
With its flagship Quartz Mountain Gold Project and the promising Mine Centre Gold Project in Ontario, QGold is poised for growth, continuously focusing on maximizing its resource base while upholding the highest standards in both environmental responsibility and corporate governance.
For further information, contact:
Peter Tagliamonte
Chief Executive Officer
Email: pwt@qgoldresources.com
Website: https://qgoldresources.com
Cell: +1 (416) 564-2880
Frequently Asked Questions
1. Who is Jamsheed Mehta?
Jamsheed Mehta is the newly appointed member of QGold's Board of Directors, bringing extensive experience in capital markets, particularly in mining finance.
2. What is the Quartz Mountain Gold Project?
The Quartz Mountain Gold Project is QGold's flagship asset located in southern Oregon, known for its promising gold development opportunities.
3. What are the mineral resource estimates for the Quartz Mountain Gold Project?
The estimates indicate 1.54 million ounces of gold and over 2 million ounces of silver, showcasing significant potential for extraction.
4. Who is Scott Moore?
Scott Moore has recently been appointed as QGold's VP of Corporate Development, bringing over 25 years of experience in the resource sector.
5. How does QGold ensure responsible mining practices?
QGold focuses on systematic exploration, disciplined project development, and environmental stewardship to ensure responsible mining practices.
