08:19 AM EST, 11/14/2025 (MT Newswires) -- Copper Quest Exploration ( IMIMF ) said Friday that it is acquiring the Alpine Gold Property in the West Kootenay region of British Columbia.

Copper Quest will issue 14.2 million shares to the vendor at $0.175 each and reimburse $225,000 toward the 2025 expenditures that was completed this year. A 2% net smelter return royalty will also be granted to the vendors, half of which may be bought back for $1-million.

Allan Matovich, principal owner of the property, will also join Copper Quest's board.

The property has an inferred resource of 268,000 tonnes estimated using a cut-off grade of 5.0 g/t gold and an average grade of 16.52 g/t gold that represents an inferred resource of 142,000 oz of gold, a statement said.

"With gold prices at all-time highs, the Alpine Gold property creates a tremendous opportunity to create near term value," said Copper Quest chief executive.