09:49 AM EST - Northquest Ltd. : announced that it has commenced the second phase of exploratory drilling at the Pistol Bay Project, Nunavut. The project consists of 575 square kilometres of mineral rights covering a 35-kilometre strike length of prospective stratigraphy containing numerous gold occurrences. Drilling will be focused on three of the known occurrences. This phase of drilling will consist of at least 2,500 metres of diamond drilling. The results of this drilling program will be released upon receipt and verification of the drilling assays. Northquest Ltd.
shares V.NQ are trading unchanged at $0.24.
