Quest Minerals Limited

Australian Market Report of March 7, 2011 includes: Argosy Minerals Limited (ASX:AGY) has been granted iron ore and chromite exploration licences in Sierra Leone; Quest Minerals Limited (ASX:QNL) announced 151Mt magnetite and vanadium resource at the Victory Bore tenement in Western Australia; Elemental Minerals Limited (ASX:ELM) announced further shallow high grade assay results from the Sintoukola Potash Project in Congo; Tiger Resources Limited (ASX:TGS) (TSE:TGS) reported significant copper intercepts at Sase Central and Sase South Prospects in Congo.

Australian Market Report of December 30, 2010 includes: Quest Minerals Limited (ASX:QNL) has entered into an agreement to earn 80% of two iron ore prospects in WA; PanAust Limited (ASX:PNA) has completed the sale of its fourth shipment of copper-gold concentrate in Laos; Montezuma Mining Company Limited (ASX:MZM) confirmed copper/cobalt sulphide mineralisation at Butcherbird; Norwest Energy NL (ASX:NWE) announced a A$2m equity raising to provide exploration funds.

The Australian market opened firmer on Thursday as Wall Street ended its losing streak overnight. The broader All Ordinaries Index rose 0.57 per cent shortly after the opening bell.