Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last C$0.11 CAD
Change Today 0.00 / 0.00%
Volume 0.0
As of 9:30 AM 07/28/15 All times are local (Market data is delayed by at least 15 minutes).

northquest ltd (NQ) Snapshot

Open
C$0.11
Previous Close
C$0.11
Day High
C$0.11
Day Low
C$0.11
52 Week High
08/7/14 - C$0.17
52 Week Low
12/8/14 - C$0.07
Market Cap
9.8M
Average Volume 10 Days
400.0
EPS TTM
C$-0.07
Shares Outstanding
88.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for NORTHQUEST LTD (NQ)

Related News

No related news articles were found.

northquest ltd (NQ) Related Businessweek News

No Related Businessweek News Found

northquest ltd (NQ) Details

Northquest Ltd., a mineral exploration company, engages in the identification, acquisition, exploration, and development of properties for the mining of gold and other metals. It primarily holds a 100% interest in Pistol Bay Gold project consisting of 845 square kilometers of staked claims located in Nunavut territory, Canada. The company is based in Toronto, Canada.

northquest ltd (NQ) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$325.0K
Chief Financial Officer
Total Annual Compensation: C$18.0K
Compensation as of Fiscal Year 2014.

northquest ltd (NQ) Key Developments

Northquest Ltd. Commences Diamond Drilling at Pistol Bay Gold Project, Nunavut, Canada

Northquest Ltd. announced that diamond drilling has commenced at the Pistol Bay Gold Project, Nunavut, Canada. The Pistol Bay Project claims cover a 90 kilometre strike length of the Pistol Bay Trend which is a west-trending series of surface gold occurrences and gold zones intersected in drill holes by Northquest in four drilling programs completed since 2011. The Pistol Bay Trend is a newly recognized trend parallel to, and 80 kilometres south of, the Meliadine Trend of gold deposits of Agnico Eagle Mines, which reportedly contains 3.0 million ounces of gold reserves, plus 2.2 million ounces indicated and 2.9 million ounces inferred. Since the initial field work commenced at Pistol Bay in April 2011, Northquest has completed three airborne geophysical surveys and 13,660 metres of diamond drilling in 66 drill holes and has obtained economically interesting drilling intersections at the Sako, Vickers, and Bazooka Targets which occur over a 20 kilometre long segment of the Pistol Bay Trend. The vast majority of the drilling has been at the Vickers Target where 37 holes comprising a total of 9,400 metres have been completed over a 400 metre strike length of the Vickers gold zone. The exploration plan for 2015 consists of approximately 7,800 metres of drilling in approximately 40 drill holes, of which, approximately 6,200 metres of drilling, in 30 drill holes, is planned for the Vickers Target. The planned drilling at the Vickers Target will consist mostly of step out drilling in untested areas along strike to the west and east of previously drilled holes west of Section 9000 W and east of Section 8600 W. Drilling results will be announced when the assays have been received and verified. It is anticipated that an initial batch of drilling results will be announced sometime in early August.

Northquest Ltd. Announces Results of Preliminary Metallurgical Evaluation of the Vickers Zone of the Pistol Bay Gold Project, Nunavut, Canada

Northquest Ltd. announced the results of a preliminary metallurgical evaluation of the Vickers Zone of the Pistol Bay Gold Project, Nunavut, Canada. Since field operations commenced in April 2011, the Company has completed three airborne geophysical surveys and 13,660 metres of diamond drilling in 66 drill holes, of which 9,400 metres of drilling and 37 drill holes were completed at the Vickers Target. Ten composite samples ranging from 4.3 to 5.6 kilograms in mass were collected from drill holes completed in 2014. The gold grade in the samples varied from 2.2 to 25.5 grams gold per tonne. Five samples were from the gold-bearing intrusive rocks and 5 samples were from the host rock sequence of the Vickers Gold Zone. The objective of this work was to determine gold recovery from rocks of the Vickers Gold Zone using a gravity circuit followed by cyanidation leaching of the gravity tailings. The samples at a nominal grind sizing of between 64 to 104 microns K80 were subjected to Knelson gravity separation followed by hand panning. Gold recoveries to a pan concentrate ranged from 36% to 73%, indicating that a large portion of the gold in these rocks was recoverable by simple gravity concentration techniques. Gravity tails were subjected to cyanidation leaching for 48 hours with a nominal sodium cyanide concentration of 1,000 ppm. Gold extraction ranged from 84% to 99% of the gold in the leach feed and averaged approximately 94%, and gold extraction rate plateaued after about 8 hours for all of the samples. Sodium cyanide and lime consumption averaged approximately 0.42 and 0.51 kilograms per tonne of leach feed respectively. The total recovery of gold from the ten samples is considered excellent for all of the samples and ranged from 93.1% to 99.6%. This preliminary testing indicates that the gold in the rocks of the Vickers Gold Zone is probably recoverable through standard gravity and cyanidation leach methods, with a high proportion derived from simple gravity concentration techniques.

Northquest Ltd. Announces Drilling Results from the Pistol Bay Gold Project, Nunavut, Canada

Northquest Ltd. announced the remaining 2014 drilling results from the Pistol Bay Gold Project, Nunavut, Canada. The project consists of 861 square kilometres of mineral rights covering a 90 kilometre strike length of a gold bearing trend known as the Pistol Bay Trend, which contains a west-trending series of gold occurrences and gold zones intersected in holes drilled by Northquest in 2011, 2012, 2013, and 2014. Over the past 4 years, since field operations commenced in April 2011, the Company has completed three airborne geophysical surveys and 13,660 metres of diamond drilling in 66 drill holes, of which 9,400 metres of drilling and 37 drill holes were completed at the Vickers Target. The Company completed 4,550 metres of drilling in 2014 in 18 drill holes, of which 13 drill holes (3,783 metres) were completed at the Vickers Target, 3 drill holes (470 metres) were completed at the Sako Target, and two drill holes (296 metres) were completed at the Bazooka Target. The Vickers Target is an elliptical gabbro-diorite intrusive complex with an exposed long axis of 1 kilometre. The gabbro-diorite intrusion is within silicified felsic schist and mylonite of the Pistol Bay Trend. Gold in surface outcrops occurs in a silicic, chloritic, breccia body exposed in the margin and footwall of the intrusion. The contact between the mineralized intrusion and the mineralized footwall sequence trends approximately 110 degrees and dips south at approximately 60 to 70 degrees.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
NQ:CN C$0.11 CAD 0.00

NQ Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for NQ.
View Industry Companies
 

Industry Analysis

NQ

Industry Average

Valuation NQ Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 20.1x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact NORTHQUEST LTD, please visit www.northquest.biz. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.