Q-Gold Resources Ltd. signed an agreement with Kappes, Cassiday & Associates to conduct a preliminary economic assessment on the Quartz Mountain Gold Project in Oregon. The project, acquired from Alamos Gold, boasts 1,543,000 ounces of gold and 2,049,000 ounces of silver in the indicated mineral resource category.

The PEA will evaluate economic potential, mining methods, processing options, costs, and financial returns. KCA’s expertise in metallurgical engineering and mine development makes them an ideal partner. QGold seeks to capitalize on the project’s strategic advantages, including its location, infrastructure, and strong mineral resource base.

Results of the PEA are expected in the coming months and will guide future technical studies and permitting activities. QGold is focused on advancing its gold and silver projects in North America, with a primary focus on the Quartz Mountain Gold Project in Oregon and the Mine Centre Gold Project in Ontario. The company aims for resource expansion through exploration and responsible project development.

Read more at GlobeNewswire: REMINDER — QGold Initiates Preliminary Economic Assessment