Northquest Ltd. was incorporated in 2008 to provide resource investors with an opportunity to invest in a company exploring for gold and other metals in Canada and other prospective geological terranes in other jurisdictions. In order to acquire the best available projects and to decrease geologic risk as much as possible, the emphasis is on selecting projects in permissive rocks and in jurisdictions and geologic terranes that have not achieved exploration maturity. In order to acquire large, prospective, exploration projects that meet those criteria, the Company’s projects may be in remote areas, such as the Canadian Arctic, or, in jurisdictions that have a certain amount of country risk.
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