Mr. Jed Richardson reports

GREAT QUEST TO DEVELOP BOTSWANA'S SUA PAN BROWNFIELD POTASH PROJECT

Great Quest Metals Ltd. has entered into an exclusive arrangement with Botswana Ash (Pty.) Ltd. to develop the potash brine potential of Sua Pan salar (salt pan) in Botswana, Southern Africa. BotAsh operates a brine recovery operation for sodium carbonate (soda ash) and sodium chloride (table salt) on the salar, a facility that started operations in 1991. Significant concentrations of potash (potassium chloride (KCl) and potassium sulphate (K2SO4)) have been recorded in the brines of Sua Pan, but have never been recovered commercially. Great Quest will begin a program to evaluate the economic potential of potash recovery from the native brines, the BotAsh mine effluent and the historical mine tailings.

About the agreement

The memorandum of understanding signed with Botswana Ash grants Great Quest one-year exclusivity with an option to extend for another year, provided Great Quest has incurred a minimum of $100,000 in expenditure to explore and develop the potash potential of the Sua Pan. As Great Quest learns more about the nature of potash in the Sua Pan salar, it intends to enter into a definitive long-term agreement with BotAsh, outlining compensation for infrastructure and potassium-bearing material with the economic benefit from possible potash products belonging to Great Quest.

About the Sua Pan salar

The Sua Pan salar is the largest and lowest of three salt pans in the Makgadikgadi Pans region of northeastern Botswana. It is considered one of the largest salt flats in the world and has a surface area of approximately 4,900 square kilometres at an elevation of 890 metres above sea level. Historical work published by the World Bank suggests that the Sua Pan salar was capable of producing 163,000 tons per year of potash mainly KCl (World Bank/SADC, 1993, fertilizer supply options model), including potential to produce 21,000 tons per year of K2SO4 (World Bank/SADC, 1991, an action plan for the development of fertilizer industry).

The reader is cautioned that historical data are not confirmed and such historical data have not been verified. There is no known potash resource on the Sua Pan salar, and there can be no assurance that any potash resource will be discovered on the property and, if discovered, there is no assurance that any potash mineralization may be economically extracted.

The technical information of this news release has been reviewed and approved by Jed Diner, PGeo, a qualified person for the purposes of National Instrument 43-101.

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