Quest International Resources — significant assays at Damoti

Business Wire, Sept 18, 1996

RENO, Nev.--(BUSINESS WIRE)--Sept. 18, 1996--Quest International Resources Corp. Wednesday announced preliminary gold assay results from its 2.5 million dollar underground exploration program at the Damoti Lake project located in Northwest Territories, Canada.

A decline has been completed in the Horseshoe Pyrite zone for a total length of 172 meters and the South Drift on the 275 meter level is complete. Work continues on the North Drift on the 275 meter level. Drifting on the 260 meter level is in progress. The drifts are designed to test gold grades and continuity of mineralization along strike in gold zones previously intersected by surface drilling.

One meter samples have been collected and assayed from both walls and the face of the drift. Assay results indicate that the South Drift has a mineralized zone approximately 40 meters long by 3 to 4 meters wide. The significant continuous assay results in this zone, reported in ounces per ton gold from north to south, are as follows: -0-