05:58 AM EDT, 08/11/2025 (MT Newswires) -- Q-Gold Resources ( QGLDF ) late on Friday provided an update on the later-stage Quartz Mountain mineral exploration project in south-central Oregon that it intends to acquire from Alamos Gold ( AGI ) .

Q-Gold representatives will visit the project site for the first time next week. The delegation will include Vice President of Exploration and COO Andreas Rompel and Fred Brown, who is working on a new mineral resource estimate on the project for the company. The updated MRE is intended to replace all previous historical MREs for the project.

As part of the visit, the team expects to conduct sampling of selected diamond drill core and verify the status of all claims at the Quartz Mountain project, which is composed of Quartz Mountain and Angel's Camp.

In addition, Peter Tagliamonte has joined the company's board of directors, effective immediately. This comes after Tagliamonte was appointed as President and CEO in July.