Northquest Ltd. Commences Drilling with a Second Diamond Drill Rig at the Pistol Bay Project, Nunavut, Canada

TORONTO, Sept. 25, 2012 /CNW/ - Northquest Ltd. (TSX.V-NQ) ("Northquest" or "the Company") announces that a second drill has commenced drilling at the Pistol Bay Project. It is anticipated that the drill will complete two or three additional drill holes at the Vickers Target before the end of the 2012 drilling season.

Northquest is a mineral exploration company focused on the acquisition, exploration and development of properties for the mining of gold and other minerals.  Northquest has 30,318,323 shares outstanding (43,117,535 on a fully diluted basis).  For further information please visit www.northquest.biz.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.


SOURCE: Northquest Ltd.

For further information:

Dr. Jon North
President and Chief Executive Officer
Tel. (416) 306-0202

Tanya Mahadeo
Investor Relations
Tel. (416) 306-0486

Profil de l'entreprise

Northquest Ltd.

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