Great Quest Fertilizer Ltd. provided an update on work completed at the Belmont gold target in Namibia and the Company?s future plans. The recently discovered Belmont target, ?Belmont?, comprises a zone of 72 km2 situated between the Khorixas and Belmont Thrust zones in Namibia which represents one of five exploration targets in Damara gold and lithium projects. Approximately 90% of the prospect is obscured by calcrete and scree cover.

Limited work, including rock chip sampling, soil sampling (also calcrete sampling), trenching and a few drillholes, has identified 15 target areas within the Belmont corridor. Individual anomalies appear to coincide with smaller-scale conjugate ?splay? structures located between the two thrust zones, namely the Khorixas and the Belmont thrust.

Exploration work commenced at Belmont in September 2023. To date, the work has consisted of mapping, collection of 90 rock chip samples, 2073 calcrete and 973 soil/pitting samples. The Company has identified 5 new targets and expanded existing targets.

Rock chip samples were collected from the Annex, VG Hill, BK1, BK2, BK3, BK11 and BK12 areas. Selected results reveal samples of 3.93 g/t Au (BK1 NW), 2.5 g/t Au (BK1 NE), 4.6 g/t Au (BK2), 8.08 g/t Au (BK13), 145.7 g/t Au (VG Hill). Multiple Visible Gold samples were observed both at BK2 and VG Hill.

The immediate work to be completed at the Belmont target includes finalization of detailed mapping performed, analysis of all calcrete and soil samples collected as well as a detailed drone based magnetic survey. Once all data is received, these will be collectively interpreted and used for drill target generation.